NOT LISTED FOR SALE

7 Lombardy Place Maplewood, NJ 07040

Estimated Value: $984,000 - $1,036,536

8 Beds
4 Baths
3,008 Sq Ft
$338/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $999,000 $332 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,417/month

122 Days on Market

Highlights

  • Coin Laundry
  • Tuscan Elementary School Rated A-
  • 1-minute walk to DeHart Park

About This Home

As of April 2024

Welcome to Maplewood and to a great 4 family opportunity! All apartments have separate utilities, plenty if parking in the back. Let's get together and run the numbers, you will be impressed by how easy it is to qualify and how affordable it's going to be. It's an opportunity you do not want to miss! Living in Maplewood NJ, presents a myriad of advantages. With nearly 4,800 Sq. Ft. of which there are 1,538 of open basement open space. Here, there's plenty of room for further improvements! All renovated home! New plumbing & electric! Brand new kitchen. AC, Heat & hot water systems are all new! Embrace the charm of this community w/ its top-notch vibrant parks & a rich cultural scene. Indulge in the local culinary delights & boutique shops, all within reach of your new home. Make the move to 7 Lombardy Pl, experience the perfect blend of modern amenities & the warmth of Maplewood's welcoming community.Taxes are not final yet; Number provided is an estimate.

Last Agent to Sell the Property

Oscar Martins

Exit Golden Realty Group, LLC Listed on: 12/09/2023

Co-Listed By

Carlos Jesus

Exit Golden Realty Group, LLC

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,000

Lot Details

  • 3,798 Sq Ft Lot
  • Lot Dimensions are 38x100

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Laundry in Basement

Community Details

  • Coin Laundry
  • Maintenance Expense $2,000

Listing and Financial Details

  • Legal Lot and Block 00051 / 00048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,000

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Coin/Card
  • Co List Office Phone: (201) 997-4425
  • MLS Status: Sold - Sold
  • Directions: Springfield Ave to Burnett Ave to Lombardy
  • Architectural Style: 4 Family
  • Year Built Details: 1900-1939,2020's,Renovated,Build Prior to 1978
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Remarks: Common Laundry, Utilities, Plenty of Storage

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Dimensions: 38X100
  • Lot Size Sq Ft: 3798.0

Multi Family

  • Maintenance Expense: 2000.0

Tax Info

  • Tax Annual Amount: 18000.0
  • Tax Block: 00048
  • Tax Lot: 00051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2023
Closed on
Apr 30, 2024
Sold by
7 Lombardy Pl Llc
Bought by
Bamgbade Emmanuel O and Bamgbade Kayla
Seller's Agent
Oscar Martins
Exit Golden Realty Group, LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$1,250,000
Sold Price
$999,000
Premium/Discount to List
-$251,000
-20.08%
Views
167
Current Estimated Value
$1,016,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,384
Avg. Annual Appreciation
1.11%
Original Mortgage
$731,250
Outstanding Balance
$720,879
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$295,505

Purchase Details

Closed on
Jul 15, 2022
Sold by
Angelo Carmon
Bought by
7 Lombardy Pl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2001
Sold by
Fischer Carl
Bought by
Carmon Angelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,085
Interest Rate
7.52%
Mortgage Type
FHA
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
Bamgbade Emmanuel O $999,000 Stewart Title
7 Lombardy Pl Llc $565,000 Old Republic National
Carmon Angelo $233,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bamgbade Emmanuel O $731,250
Previous Owner 7 Lombardy Pl Llc $423,750
Previous Owner Carmon Angelo $231,085
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $999,000 -13.1% $332 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/08/2024 03/08/24 Price Changed $1,150,000 -8.0% $382 / Sq Ft
12/09/2023 12/09/23 For Sale $1,250,000 -- $416 / 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 $12,717 $986,100 $222,500 $763,600
2024 $12,717 $986,100 $222,500 $763,600
2022 $12,401 $351,700 $162,500 $189,200
2021 $12,025 $351,700 $162,500 $189,200
2020 $11,683 $351,700 $162,500 $189,200
2019 $11,346 $351,700 $162,500 $189,200
2018 $11,054 $351,700 $162,500 $189,200
2017 $10,723 $351,700 $162,500 $189,200
2016 $15,164 $411,500 $118,100 $293,400
2015 $14,814 $411,500 $118,100 $293,400
2014 $14,501 $411,500 $118,100 $293,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23037102

New Jersey MLS

APN: 11-00048-47-00051