NOT LISTED FOR SALE

7 Lorenz Place Wayne, NJ 07470

Estimated Value: $830,000 - $893,000

4 Beds
3 Baths
2,116 Sq Ft
$408/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $615,000 $291 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,962/month

17 Days on Market

About This Home

As of July 2021

This home is located at 7 Lorenz Place, Wayne, NJ 07470 since 19 April 2021 and is currently estimated at $863,424, approximately $408 per square foot. This property was built in 1964. 7 Lorenz Place is a home located in Passaic County with nearby schools including Packanack Elementary School, George Washington Middle School, and Wayne Valley High School.

Last Agent to Sell the Property

ANDREA G. MIKHAIL

REALTY EXECUTIVES EXCEPTIONAL Brokerage Phone: 973-696-0077 Listed on: 04/19/2021

Last Buyer's Agent

Nicola Casasanta

COLDWELL BANKER REALTY WYK

COLDWELL BANKER REALTY WYK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,625

Year Built

  • Built in 1964

Lot Details

  • 0.44 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,625

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Year Built: 1964
  • County Name: Passaic
  • Street Number Display: 7
  • I D: 5059821
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 973-696-0077
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .444 AC
  • Total Acres: 0.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jul 7, 2021
Sold by
Tobias Samuel L and Tobias Felice D
Bought by
Sharkey Vincent and Sharkey Jami Lauren
Seller's Agent
ANDREA G. MIKHAIL
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
Nicola Casasanta
COLDWELL BANKER REALTY WYK
List Price
$585,000
Sold Price
$615,000
Premium/Discount to List
$30,000
5.13%
Current Estimated Value
$863,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,424
Avg. Annual Appreciation
8.37%
Original Mortgage
$548,000
Outstanding Balance
$497,225
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$366,199

Purchase Details

Closed on
Jul 31, 1986
Bought by
Tobias Samuel L and Tobias Felice D
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
Sharkey Vincent $615,000 Rally Point Title Agency Llc
Sharkey Vincent $615,000 Rally Point Title
Tobias Samuel L $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharkey Vincent $548,000
Closed Sharkey Vincent $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $615,000 +5.1% $291 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $585,000 -- $276 / Sq Ft
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 $16,625 $279,600 $135,500 $144,100
2024 $15,988 $279,600 $135,500 $144,100
2022 $15,023 $265,700 $135,500 $130,200
2021 $15,007 $265,700 $135,500 $130,200
2020 $14,940 $265,700 $135,500 $130,200
2019 $14,651 $265,700 $135,500 $130,200
2018 $14,521 $265,700 $135,500 $130,200
2017 $14,388 $265,700 $135,500 $130,200
2016 $14,186 $265,700 $135,500 $130,200
2015 $14,016 $265,700 $135,500 $130,200
2014 $13,620 $265,700 $135,500 $130,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    ANDREA G. MIKHAIL

    REALTY EXECUTIVES EXCEPTIONAL

  • Nicola Casasanta

    Buyer's Agent in 2021

    Nicola Casasanta

    COLDWELL BANKER REALTY WYK

    (973) 271-2220

    1 in this area

    33 Total Sales

    Nicola Casasanta
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Map

Source: Garden State MLS

MLS Number: 3705818

Garden State MLS

APN: 14-01604-0000-00008

New Jersey Passaic County Wayne 07470

7 Lorenz Place, Wayne, NJ

This home is located at 7 Lorenz Place, Wayne, NJ 07470 since 19 April 2021 and is currently estimated at $863,424, approximately $408 per square foot. This property was built in 1964. 7 Lorenz Place is a home located in Passaic County with nearby schools including Packanack Elementary School, George Washington Middle School, and Wayne Valley High School.

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