$560,000
SOLD NOV 11, 2024

7 Laurel Place East Rutherford, NJ 07073

3 Beds
2 Baths
1,120 Sq Ft
3,302 Sq Ft Lot

Recently Sold

$500 Per Sq Ft

18% Above List Price

21 Days on Market

About This Home

As of November 2024

Great single family home in East Rutherford with super low taxes under 7K. Home was partitioned years ago to mimic two units but is a single family. First floor has 1 bed, kitchen, living room, full bathroom and access to basement. Second floor has two bedrooms, full bath, kitchen and attic. Home has been well maintained and has a bonus feature of a long driveway that leads to a nice backyard with a two car garage (10"+ garage ceiling). Great for fixer upper or starter home. Oil tank removed and NFA letter from NJDEP available. Property sold as-is.

Last Agent to Sell the Property

Damoun Yashar

A.W. Van Winkle & Company Listed on: 09/09/2024

Co-Listed By

Robert Van Winkle

A.W. Van Winkle & Company

Last Buyer's Agent

Hilda Ferro

Weichert Realtors, Clifton

Weichert Realtors, Clifton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,800

Lot Details

  • 3,302 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00004 / 00039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,800

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Duplex
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 201-939-0500
  • Outside Inclusions: Oven/Stove (2), Refrigerator, Dryer
  • MLS Status: Sold - Sold
  • Directions: GPS
  • Reso Fireplace Features: None
  • Year Built Details: 1950's,Build Prior to 1978
  • PropertySubTypeAdditional: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: No
  • Basement Remarks: Unfinished

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas

Lot Info

  • Lot Size Sq Ft: 3302.0

Tax Info

  • Tax Annual Amount: 6800.0
  • Tax Block: 00039
  • Tax Lot: 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 18, 2024
Sold by
Banom Joanne and Banom Dorothy
Bought by
Jimenez Kenelly and Jimenez Angel
Seller's Agent
Damoun Yashar
A.W. Van Winkle & Company
Buyer's Agent
Hilda Ferro
Weichert Realtors, Clifton
List Price
$475,000
Sold Price
$560,000
Premium/Discount to List
$85,000
17.89%
Views
84
Current Estimated Value
$576,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,397
Avg. Annual Appreciation
3.15%
Original Mortgage
$504,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2004
Sold by
Zwicker Elinor
Bought by
Banom Dorothy and Banom Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.03%
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 Type Sale Price Title Company
Deed $560,000 Fidelity National Title
Deed $560,000 Fidelity National Title
Deed $560,000 Fidelity National Title
Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $504,000 New Conventional
Previous Owner $213,750 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2024 11/11/24 Sold $560,000 +17.9% $500 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $475,000 -- $424 / 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
2025 $6,343 $426,800 $281,800 $145,000
2024 $6,275 $391,300 $268,700 $122,600
2023 $6,267 $386,600 $259,500 $127,100
2022 $6,267 $357,900 $250,300 $107,600
2021 $5,878 $335,400 $230,900 $104,500
2020 $5,928 $325,900 $226,000 $99,900
2019 $5,787 $315,900 $213,000 $102,900
2018 $5,341 $300,400 $205,200 $95,200
2017 $5,390 $259,900 $173,000 $86,900
2016 $5,055 $259,900 $173,000 $86,900
2015 $5,112 $259,900 $173,000 $86,900
2014 $4,949 $259,900 $173,000 $86,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24029060

New Jersey MLS

APN: 12-00039-0000-00004