NOT LISTED FOR SALE

7-16 Richard St Unit 1X Fair Lawn, NJ 07410

Estimated Value: $596,000 - $728,103

3 Beds
1.5 Baths
1,920 Sq Ft
$355/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $440,000 $229 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,765/month

41 Days on Market

Highlights

  • Views to the North
  • Property is near public transit
  • Attached Garage
  • Westmoreland Elementary School Rated A
  • Corner Lot
  • 2-minute walk to Westmoreland Park

About This Home

As of July 2021

FIRST TIME OFFERED!!! Original owners saying good bye and looking for new owners to create their long lasting memories in this well-maintained home. Home boasts a large, welcoming entry foyer with garage access which leads to a rec room that is perfect for entertaining. Laundry room and half bath complete the first floor. Upstairs is where you'll find an open concept living and dining room, large eat in kitchen, three large bedrooms and hall bath. Hardwood floors under carpet on main level. Home sits on large corner property with private back yard perfect for hosting those summer BBQ's Close proximity to Elementary School, Shopping, and NYC Transportation

Last Agent to Sell the Property

Jeffrey Radjewski

Weichert Realtors, Ridgewood Listed on: 04/15/2021

Weichert Realtors, Ridgewood

Last Buyer's Agent

Alberto Sanchez

Prestige Property Group - Montclair

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,508

Lot Details

  • 7,200 Sq Ft Lot
  • Corner Lot
  • Rectangular Lot

Parking

  • Attached Garage

Property Views

  • Views to the North

Home Design

  • Built in the 1960s
  • Bi-Level Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 021705716 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,508

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Bi-Level
  • Additional Sub Style: None
  • Lifestyle: Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Miscellaneous: Hdwd As In
  • Views/Exposure: North
  • Year Built: 1960's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 11
  • Fireplace: None
  • Bedrooms: 3
  • Total Bathrooms: 1.10
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Partial Bathroom: 1
  • Basement: None
  • Items Not Included: Seller's Personal Property

Exterior Features

  • Exterior: Other
  • Waterfront: None

Garage/Parking

  • Garage: Attached

Utilities

  • Heating: Gas, Hot Air
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Westmoreland
  • Middle School: Memorial
  • High School: Fair Lawn

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00015
  • Lot Description: Corner Lot, Regular
  • Estimated Lot Sq Ft: 7200

Tax Info

  • Tax: 11508
  • Assessor Parcel Number: 021705716 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jul 14, 2021
Sold by
Michaels Phillip and Michaels Maurice Jerome
Bought by
Sanchez Alberto
Seller's Agent
Jeffrey Radjewski
Weichert Realtors, Ridgewood
Buyer's Agent
Alberto Sanchez
Prestige Property Group - Montclair
List Price
$479,000
Sold Price
$440,000
Premium/Discount to List
-$39,000
-8.14%
Current Estimated Value
$682,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,026
Avg. Annual Appreciation
11.61%
Original Mortgage
$240,000
Outstanding Balance
$220,410
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$461,616

Purchase Details

Closed on
May 14, 1965
Bought by
Michaels Maurice and Michaels Shirley
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
Sanchez Alberto $440,000 None Available
Michaels Maurice $24,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Alberto $240,000
Previous Owner Michaels Maurice Jerome $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2021 07/21/21 Sold $440,000 -2.0% $229 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/08/2021 05/08/21 Price Changed $449,000 -6.3% $234 / Sq Ft
04/15/2021 04/15/21 For Sale $479,000 -- $249 / Sq Ft
Source: New Jersey 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 $11,981 $342,800 $208,600 $134,200
2023 $11,837 $342,800 $208,600 $134,200
2022 $11,837 $342,800 $208,600 $134,200
2021 $10,735 $342,800 $208,600 $134,200
2020 $11,758 $342,800 $208,600 $134,200
2019 $11,552 $342,800 $208,600 $134,200
2018 $11,340 $342,800 $208,600 $134,200
2017 $11,059 $342,800 $208,600 $134,200
2016 $10,754 $342,800 $208,600 $134,200
2015 $10,301 $342,800 $208,600 $134,200
2014 $10,123 $342,800 $208,600 $134,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21014008

New Jersey MLS

APN: 17-05716-0000-00015