NOT LISTED FOR SALE

7 Algonquin Ave Lincoln Park, NJ 07035

Estimated Value: $554,000

3 Beds
2 Baths
1,110 Sq Ft
$499/Sq Ft Est. Value

About This Home

This home is located at 7 Algonquin Ave, Lincoln Park, NJ 07035 and is currently estimated at $554,000, approximately $499 per square foot. 7 Algonquin Ave is a home located in Morris County with nearby schools including Lincoln Park Elementary School, Lincoln Park Middle School, and Pioneer Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Borrello Robert L
Bought by
Hoque Badrul and Hoque Minu Aklima
Current Estimated Value
$554,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$334,291
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$219,709

Purchase Details

Closed on
Dec 21, 2022
Sold by
Borrello Nilmara A
Bought by
Borrello Robert L

Purchase Details

Closed on
Jun 10, 2009
Sold by
Greco Donna
Bought by
Borrello Robert and Borrello Nilmara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,060
Interest Rate
4.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Hoque Badrul $425,000 First American Title
Hoque Badrul $425,000 First American Title
Borrello Robert L -- Fidelity National Title
Borrello Robert L -- Fidelity National Title
Borrello Robert $252,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoque Badrul $340,000
Closed Hoque Badrul $340,000
Previous Owner Borrello Robert $236,060
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
2025 $9,875 $452,400 $227,600 $224,800
2024 $8,496 $457,600 $225,400 $232,200
2023 $8,496 $279,000 $157,000 $122,000
2022 $8,030 $279,000 $157,000 $122,000
2021 $8,030 $279,000 $157,000 $122,000
2020 $7,876 $279,000 $157,000 $122,000
2019 $7,717 $279,000 $157,000 $122,000
2018 $7,502 $279,000 $157,000 $122,000
2017 $7,318 $279,000 $157,000 $122,000
2016 $7,226 $279,000 $157,000 $122,000
2015 $7,126 $279,000 $157,000 $122,000
2014 $6,972 $279,000 $157,000 $122,000
Source: Public Records

Map

New Jersey Morris County Lincoln Park 07035

7 Algonquin Ave, Lincoln Park, NJ

Not Listed for Sale

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