NOT LISTED FOR SALE

61 Prospect Terrace East Rutherford, NJ 07073

Estimated Value: $863,131 - $1,108,000

-- Bed
-- Bath
2,933 Sq Ft
$331/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $780,000 $266 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,295/month

31 Days on Market

About This Home

As of July 2022

This home is located at 61 Prospect Terrace, East Rutherford, NJ 07073 since 21 March 2022 and is currently estimated at $969,783, approximately $330 per square foot. This property was built in 1910. 61 Prospect Terrace is a home located in Bergen County with nearby schools including Mckenzie School, Alfred Faust School, and Henry P Becton Regional High School.

Last Agent to Sell the Property

Patty Badia

WEICHERT REALTORS Brokerage Phone: 973-779-1900 Listed on: 03/21/2022

WEICHERT REALTORS

Last Buyer's Agent

Tamayo Oppenheimer

SILVER AND OAK REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,220

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,220

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Bergen
  • Street Number Display: 61
  • I D: 5137216
  • Modified: 2023-07-13
  • Number Images: 1
  • Attribution Contact: 973-779-1900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Jul 11, 2022
Sold by
Vanessa Bravo
Bought by
Sonam Thupten
Seller's Agent
Patty Badia
WEICHERT REALTORS
Buyer's Agent
Tamayo Oppenheimer
SILVER AND OAK REALTY
List Price
$719,500
Sold Price
$780,000
Premium/Discount to List
$60,500
8.41%
Total Days on Market
31
Current Estimated Value
$969,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,783
Avg. Annual Appreciation
7.80%
Original Mortgage
$624,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2015
Sold by
Mendez Telmo H and Mendez Carmen
Bought by
Mendez Vanessa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2010
Sold by
Kennedy James A and Kennedy Nancy J
Bought by
Mendez Telmo H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,700
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Sonam Thupten $780,000 --
Mendez Vanessa D $480,000 Grandview Title Agency
Mendez Telmo H $387,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sonam Thupten $624,000
Previous Owner Mendez Vanessa D $380,000
Previous Owner Mendez Telmo H $290,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $780,000 +8.4% $266 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $719,500 0.0% $245 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $719,500 -- $245 / Sq Ft
Source: Garden State MLS

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 $10,220 $650,900 $285,200 $365,700
2023 $9,475 $629,700 $276,000 $353,700
2022 $9,475 $541,100 $266,800 $274,300
2021 $9,231 $513,700 $247,400 $266,300
2020 $9,030 $496,400 $242,500 $253,900
2019 $11,100 $605,900 $345,000 $260,900
2018 $8,193 $460,800 $220,800 $240,000
2017 $7,759 $374,100 $190,000 $184,100
2016 $7,276 $374,100 $190,000 $184,100
2015 $7,359 $374,100 $190,000 $184,100
2014 $7,123 $374,100 $190,000 $184,100
Source: Public Records

Agents Affiliated with this Home

  • Patty Badia

    Seller's Agent in 2022

    Patty Badia

    WEICHERT REALTORS

    (646) 281-6491

    2 in this area

    124 Total Sales

    Patty Badia
    Section Image
  • Tamayo Oppenheimer

    Buyer's Agent in 2022

    Tamayo Oppenheimer

    SILVER AND OAK REALTY

    (201) 218-1635

    1 in this area

    142 Total Sales

    Tamayo Oppenheimer
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3770432

Garden State MLS

APN: 12-00083-0000-00001

New Jersey Bergen County East Rutherford 07073

61 Prospect Terrace, East Rutherford, NJ

This home is located at 61 Prospect Terrace, East Rutherford, NJ 07073 since 21 March 2022 and is currently estimated at $969,783, approximately $330 per square foot. This property was built in 1910. 61 Prospect Terrace is a home located in Bergen County with nearby schools including Mckenzie School, Alfred Faust School, and Henry P Becton Regional High School.

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