NOT LISTED FOR SALE

561 Otto Place Paramus, NJ 07652

Estimated Value: $985,450 - $1,205,000

-- Bed
-- Bath
2,444 Sq Ft
$451/Sq Ft Est. Value

About This Home

This home is located at 561 Otto Place, Paramus, NJ 07652 and is currently estimated at $1,101,363, approximately $450 per square foot. 561 Otto Place is a home located in Bergen County with nearby schools including Paramus High School, Alpine Learning Group, and Paramus Catholic High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2022
Sold by
Tsang Nein F
Bought by
Nein Fu Tsang Living Trust and Tsang
Current Estimated Value
$1,101,363

Purchase Details

Closed on
Nov 12, 2002
Sold by
Catsos James G
Bought by
Tsang Nein F and Tseng Wan Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.16%

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nein Fu Tsang Living Trust -- None Listed On Document
Tsang Nein F $656,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tsang Nein F $201,500
Previous Owner Tsang Nein F $247,000
Previous Owner Tsang Nein F $250,000
Previous Owner Tsang Nein Fu $200,000
Previous Owner Tsang Nein F $300,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,941 $812,100 $390,700 $421,400
2023 $11,325 $778,400 $372,500 $405,900
2022 $11,325 $729,700 $347,900 $381,800
2021 $11,042 $667,600 $316,700 $350,900
2020 $10,647 $667,500 $321,700 $345,800
2019 $11,095 $597,800 $311,400 $286,400
2018 $10,958 $597,800 $311,400 $286,400
2017 $10,766 $597,800 $311,400 $286,400
2016 $10,473 $597,800 $311,400 $286,400
2015 $10,366 $597,800 $311,400 $286,400
2014 $10,276 $597,800 $311,400 $286,400
Source: Public Records

Map

New Jersey Bergen County Paramus 07652

561 Otto Place, Paramus, NJ

Homes for Sale in Paramus, NJ

This home is located at 561 Otto Place, Paramus, NJ 07652 and is currently estimated at $1,101,363, approximately $450 per square foot. 561 Otto Place is a home located in Bergen County with nearby schools including Paramus High School, Alpine Learning Group, and Paramus Catholic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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