NOT LISTED FOR SALE

62 Knox Terrace Unit 2A Wayne, NJ 07470

Estimated Value: $313,000 - $361,000

2 Beds
1.5 Baths
900 Sq Ft
$353/mo HOA Fee

Last Sold October 27, 2022

Last sale price $235,000 $261 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,708/month

15 Days on Market

Highlights

  • Private Pool
  • Eat-In Kitchen
  • Dogs and Cats Allowed
  • John F. Kennedy Elementary School Rated A-
  • Community Playground

About This Home

As of October 2022

Beautiful Valley Terrace 2nd Floor unit - great location in Wayne. This condo features a master bedroom with a half bath and 2 full length ceiling-height closets, a full bath and another sizable bedroom. Relax in the large inviting living room leading to the open and spacious eat-in kitchen featuring dining area, stainless steel appliances, ample cabinet storage and double wide pantry closet.Two entrances with direct parking in front, or enter through the courtyard as well. Laundry on site. Garages on-site for additional cost but no guarantee. Walking distance to NY bus stop and shopping! Maintenance fees include heat, hot water, common areas and snow removal. This community also includes an on-site in-ground pool and play area. Unit has great space but does need TLC. Come bring your ideas to make this place your own!

Last Agent to Sell the Property

JANINE CHESSA

JMICHAELS REALTY , ORADELL Brokerage Phone: 973-886-1164 Listed on: 07/14/2022

Last Buyer's Agent

MICHAEL HERN

KELLER WILLIAMS CITY VIEWS REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,847

Year Built

  • Built in 1962

Lot Details

  • 479

HOA Fees

  • $353 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • 1 Parking Space
  • Additional Parking

Additional Features

  • Private Pool
  • Sprinkler System
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2514-02802-0000-00001-0000-C0190
  • Tax Block *

Community Details

Overview

  • Association fees include heat, maintenance-common area, maintenance-exterior, sewer fees, snow removal, water fees

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,847

Year Built

Built in 1962

Lot Details

0

HOA Fees

$353 per month

Listing Details

  • Style: Multi Floor Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1962
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 62
  • Directions: Valley Road to Knox Terrace, then first left.
  • I D: 5165238
  • Modified: 2023-10-28
  • Number Images: 10
  • First Name: JANINE
  • First Name3: MICHAEL
  • Last Name: CHESSA
  • Last Name3: HERN
  • Office Phone: 201-918-3555
  • Attribution Contact: 973-886-1164
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 2
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Number Rooms: 4
  • Bedrooms: 2
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Area: Eat-In Kitchen
  • Phone: 201-918-3555

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: On Site
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Association
  • Utilities: Gas-Natural
  • Water: Association

Condo/Co-op/Association

  • Amenities: Playground, Pool-Outdoor
  • Association Maintenance Fee: 353
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Heat, Maintenance-Common Area, Maintenance-Exterior, Sewer Fees, Snow Removal, Water Fees

Fee Information

  • Other Fee Freqency: R

Lot Info

  • Lot Size: .000 AC
  • Assessed Improvement Value: 59500
  • Assessed Land Value: 44500
  • Assessment: 104000
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: CatsOK, DogsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5847
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-02802-0000-00001-0000-C0190
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.648
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Oct 19, 2022
Sold by
Dipetrillo Diane
Bought by
Delrosario Quittsel
Seller's Agent
JANINE CHESSA
JMICHAELS REALTY , ORADELL
Buyer's Agent
MICHAEL HERN
KELLER WILLIAMS CITY VIEWS REALTY
List Price
$242,000
Sold Price
$235,000
Premium/Discount to List
-$7,000
-2.89%
Current Estimated Value
$336,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,576
Avg. Annual Appreciation
13.65%
Original Mortgage
$168,750
Outstanding Balance
$164,457
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$168,393

Purchase Details

Closed on
Jun 7, 2021
Sold by
Dipetrillo Diane and Estate Of John A Dipetrillo
Bought by
Dipetrillo Diane

Purchase Details

Closed on
Jun 5, 2007
Sold by
Lanteri Jamie
Bought by
Dipetrillo John

Purchase Details

Closed on
Dec 30, 2004
Sold by
Hendricks Cliff
Bought by
Lanteri Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,900
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 30, 2001
Sold by
Gargiulo Michael
Bought by
Hendricks Cliff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.61%
Source: Public Records

Range of Values:

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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
Delrosario Quittsel $235,000 First American Title
Dipetrillo Diane -- None Available
Dipetrillo John $277,500 --
Lanteri Jamie $242,000 --
Hendricks Cliff $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delrosario Quittsel $168,750
Previous Owner Lanteri Jamie $216,900
Previous Owner Hendricks Cliff $80,000
Previous Owner Gargiulo Michael S $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $235,000 -2.9% $261 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $242,000 -- $269 / 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 $5,947 $104,000 $44,500 $59,500
2022 $5,880 $104,000 $44,500 $59,500
2021 $5,874 $104,000 $44,500 $59,500
2020 $5,848 $104,000 $44,500 $59,500
2019 $5,735 $104,000 $44,500 $59,500
2018 $5,684 $104,000 $44,500 $59,500
2017 $5,632 $104,000 $44,500 $59,500
2016 $5,553 $104,000 $44,500 $59,500
2015 $5,486 $104,000 $44,500 $59,500
2014 $5,331 $104,000 $44,500 $59,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3796058

Garden State MLS

APN: 14-02802-0000-00001-0000-C0190