NOT LISTED FOR SALE

561 Otto Place Paramus, NJ 07652

Estimated Value: $1,126,490 - $1,579,000

Studio
-- Bath
2,444 Sq Ft
$511/Sq Ft Est. Value

About This Home

This home is located at 561 Otto Place, Paramus, NJ 07652 and is currently estimated at $1,247,873, approximately $510 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
$1,247,873

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
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 $300,000
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
2025 $12,295 $894,900 $451,800 $443,100
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

Not Listed for Sale

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