NOT LISTED FOR SALE

7 Colonial Dr Unit J Little Falls, NJ 07424

Estimated Value: $255,000 - $289,000

1 Bed
1 Bath
-- Sq Ft
$354/mo HOA Fee

Last Sold May 04, 2021

Last sale price $210,000

Est. 31% increase in value since last sale

Current estimated payment $2,249/month

8 Days on Market

Highlights

  • 6.72 Acre Lot
  • Wood Flooring
  • Living Room
  • Little Falls Township Public School No. 2 Rated A-
  • Formal Dining Room
  • Laundry Room

About This Home

As of May 2021

A beautifully updated, 1 bedroom, 1 full-bathroom, 2nd floor unit, located in the Great Notch area of Little Falls. Professional landscaping. brick facade, private entrance & plenty of storage space, this unit will not disappoint! Featuring an open living room-dining room combo, updated kitchen with stainless steel appliances, custom breakfast bar, granite countertops, spacious bedroom, and tons of natural light. This condo truly has it all! Additional storage in the attic and a basement storage bin. Maintenance includes Heat and Hot Water. Laundry on site. Super close to parks, restaurants, shopping, and downtown Montclair. Conveniently located near Rt. 46, 3, 80, GSP, and the NJTP.

Last Agent to Sell the Property

Michael J Reddin

SERHANT NEW JERSEY LLC Listed on: 03/17/2021

SERHANT NEW JERSEY LLC

Last Buyer's Agent

MARIA T. GENCARELLI

HOWARD HANNA RAND REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,573

Year Built

  • Built in 1962

Lot Details

  • 6.72

HOA Fees

  • $354 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Tile

Interior Spaces

  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Wood Flooring
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Additional Parking
  • On-Street Parking

Schools

  • Number 2 Elementary School
  • Number 1 Middle School
  • P V H S High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2505-00186-0000-00007-0000-C710
  • Tax Block *

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,573

Year Built

Built in 1962

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1962
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 7
  • Directions: Lower Notch Rd. to Colonial Drive
  • I D: 5055602
  • Modified: 2022-05-05
  • Number Images: 18
  • Section Subdiv Development: Colonial Hill Apartments
  • First Name: MICHAEL J
  • First Name3: MARIA T.
  • Last Name: REDDIN
  • Last Name3: GENCARELLI
  • Office Phone: 9735325727
  • Office Phone3: 201-812-2191
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Floor Number: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator
  • Number Rooms: 4
  • Bedrooms: 1
  • Bedroom 1 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Level Rooms: Laundry Room, Storage Room
  • Dining Room Level: Second
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Dim: 10x12
  • Kitchen Level: Second
  • Living Room Dim: 15x11
  • Living Room Level: Second
  • Level 2 Rooms: 1 Bedroom, Bath Main, Dining Room, Kitchen, Living Room
  • Phone: 973-532-5727

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking, On-Street Parking

Utilities

  • Cooling: Wall A/C Unit(s), Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 354
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Heat, Maintenance-Common Area, Maintenance-Exterior, Sewer Fees, Snow Removal, Trash Collection, Water Fees

Schools

  • Elementary School: NUMBER 2
  • Middle School: NUMBER 1
  • High School: P V H S
  • High School: P V H S
  • Middle Jr High School: NUMBER 1

Lot Info

  • Assessed Improvement Value: 63700
  • Assessed Land Value: 80000
  • Assessment: 143700
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Total Acres: 6.72

Rental Info

  • Pets Allowed: NumLimit, SizLimit, Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4573
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2505-00186-0000-00007-0000-C710
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.183
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: NUMBER 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 4, 2021
Sold by
Heese Jason and Heese Danielle
Bought by
Gencarelli Francesco and Gencarelli Cristina
Seller's Agent
Michael J Reddin
SERHANT NEW JERSEY LLC
Buyer's Agent
MARIA T. GENCARELLI
HOWARD HANNA RAND REALTY
List Price
$199,000
Sold Price
$210,000
Premium/Discount to List
$11,000
5.53%
Current Estimated Value
$274,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,103
Avg. Annual Appreciation
6.21%
Original Mortgage
$199,500
Outstanding Balance
$180,514
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$93,589

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 3, 2021
Sold by
Heese Jason and Heese Danielle
Bought by
Gencarelli Francesco and Gencarelli Cristina
Seller's Agent
Michael J Reddin
SERHANT NEW JERSEY LLC
Buyer's Agent
MARIA T. GENCARELLI
HOWARD HANNA RAND REALTY
List Price
$199,000
Sold Price
$210,000
Premium/Discount to List
$11,000
5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Outstanding Balance
$180,514
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$93,589

Purchase Details

Closed on
Apr 23, 2012
Sold by
Smith Robert Scott
Bought by
Heese Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2005
Sold by
Christoforatos Carmela
Bought by
Smith Robert and Smith Susun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
5.77%

Purchase Details

Closed on
Jun 17, 2002
Sold by
Graupe Paul
Bought by
Christoforatos Carmela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.17%
Source: Public Records

Range of Values:

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Average Value
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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
Gencarelli Francesco $210,000 First American Title
Gencarelli Francesco $210,000 Two Rivers Title Co Llc
Heese Jason $145,000 None Available
Smith Robert $193,000 --
Christoforatos Carmela $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gencarelli Francesco $199,500
Closed Gencarelli Francesco $199,500
Previous Owner Heese Jason $116,000
Previous Owner Smith Robert $154,400
Previous Owner Christoforatos Carmela $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $210,000 +5.5% --
03/25/2021 03/25/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $199,000 -- --
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
2025 $5,298 $159,000 $80,000 $79,000
2024 $5,218 $159,000 $80,000 $79,000
2022 $5,225 $159,000 $80,000 $79,000
2021 $4,616 $143,700 $80,000 $63,700
2020 $4,574 $143,700 $80,000 $63,700
2019 $4,571 $143,700 $80,000 $63,700
2018 $4,541 $143,700 $80,000 $63,700
2017 $4,545 $143,700 $80,000 $63,700
2016 $4,485 $143,700 $80,000 $63,700
2015 $4,420 $143,700 $80,000 $63,700
2014 $4,302 $143,700 $80,000 $63,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3698373

Garden State MLS

APN: 05-00186-0000-00007-0000-C710