NOT LISTED FOR SALE

7 Independence Trail Totowa, NJ 07512

Estimated Value: $1,125,000 - $1,316,000

4 Beds
5 Baths
4,300 Sq Ft
$280/Sq Ft Est. Value

About This Home

This home is located at 7 Independence Trail, Totowa, NJ 07512 and is currently estimated at $1,205,235, approximately $280 per square foot. 7 Independence Trail is a home located in Passaic County with nearby schools including Washington Park Elementary School, Passaic Valley High School, and Pioneer Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Patel and Shivall
Bought by
Ibrahim George and Ibrahim Soraya
Current Estimated Value
$1,205,235

Purchase Details

Closed on
May 15, 2009
Sold by
Choi Daniel J and Choi Ana S
Bought by
Patel Dharmesh and Patel Shivali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2007
Sold by
Ohl Brian and Ohl Paula
Bought by
Choi Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2007
Sold by
Ohl Brian
Bought by
Ohl Brian and Ohl Paula

Purchase Details

Closed on
Sep 16, 2003
Sold by
Pulte Homes
Bought by
Ohl Briah and Ohl Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.29%
Source: Public Records

Range of Values:

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
Ibrahim George $892,500 Wfg National Title
Patel Dharmesh $830,000 --
Choi Daniel J $950,000 --
Ohl Brian -- --
Ohl Briah $785,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Dharmesh $652,000
Previous Owner Choi Daniel J $250,000
Previous Owner Choi Daniel J $650,000
Previous Owner Ohl Brian $644,000
Previous Owner Ohl Briah $625,000
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 $22,984 $847,800 $191,200 $656,600
2024 $21,983 $847,800 $191,200 $656,600
2022 $20,669 $847,800 $191,200 $656,600
2021 $20,169 $847,800 $191,200 $656,600
2020 $20,534 $847,800 $191,200 $656,600
2019 $20,245 $847,800 $191,200 $656,600
2018 $20,203 $847,800 $191,200 $656,600
2017 $20,000 $847,800 $191,200 $656,600
2016 $19,915 $847,800 $191,200 $656,600
2015 $19,364 $847,800 $191,200 $656,600
2014 $17,990 $847,800 $191,200 $656,600
Source: Public Records

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