NOT LISTED FOR SALE

7 Morcom Terrace Oradell, NJ 07649

Estimated Value: $554,000 - $663,000

2 Beds
2.5 Baths
1,764 Sq Ft
$335/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $415,000 $235 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,225/month

37 Days on Market

Highlights

  • Property is near a park
  • Terrace
  • Attached Garage
  • Oradell Elementary School Rated A
  • Skylights
  • Storage

About This Home

As of August 2020

A spacious 2 bedroom, 2.5 bath townhouse located in a convenient Oradell neighborhood. Vaulted ceiling, large living room with triple window and skylights, formal dining room, newer powder room, laundry and a newer good size eat in kitchen that opens into a family room. Access the deck and backyard through a door in the family room. The 2nd floor offers a large master suite with a walk in closet, master bath, and access to 2nd floor terrace. There is also a 2nd bedroom and a full bath. Lovely hardwood floors throughout. 2nd large family room in the basement with a murphy bed. Oversized one car garage with lots of storage. Newer a/c unit, water filter, water softener, water tank, washer and dryer, and dishwasher. Nest thermostat installed for convenience.

Last Agent to Sell the Property

Linda Chang

Christie's International Real Estate Group-Fort Lee Listed on: 06/09/2020

Last Buyer's Agent

Woo Choi

Alpine MC Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,653

Lot Details

  • 4,269

Home Design

  • Built in the 1980s
  • Townhome

Interior Spaces

  • Skylights
  • Storage
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • Attached Garage
  • Garage Door Opener

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • Terrace
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 024400112 00008 0007

Community Details

Overview

  • $300 Maintenance Fee
  • Association Phone (201) 261-5400
  • Property managed by Hemlock Ridge Assoc

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,653

Lot Details

0

Listing Details

  • Property Short: CCT
  • Sub-Style: Townhouse
  • Lifestyle: Close/Parks, Close/School, Close/Trans
  • Views/Exposure: None
  • Year Built: 1980's
  • Miscellaneous: Basement, Hdwd As In, Skylights, Terrace
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances Included: Dishwasher, Microwave, Ov/Rg/Gas, Refrigerator, Washer/Dryer
  • Fireplace: None
  • Bedrooms: 2
  • Total Bathrooms: 2.10
  • Primary Bathroom: Y
  • Full Bathrooms: 2
  • Partial Bathroom: 1
  • Basement: Finished, Storage
  • Basement: FINISHED FAMILY ROOM,STORAGE,UTILITIES
  • Laundry: In Unit

Exterior Features

  • Waterfront: None

Garage/Parking

  • Garage: Attached, Gar Opener, 1 Car

Utilities

  • Heating: Baseboard, Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Condo Number: 0007

Association/Amenities

  • Maintenance Charges: 300.00
  • Mgmt Company: Hemlock Ridge Assoc
  • Management Phone: (201) 261-5400

Schools

  • Elementary School: Oradell Public E.S.
  • Middle School: River Dell M.S.
  • High School: River Dell Reg. H.S.

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00008

Rental Info

  • Pets: Cats Allowed, Dogs Allowed

Tax Info

  • Tax: 10653
  • Assessor Parcel Number: 024400112 00008 0007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Aug 31, 2020
Sold by
Oh Kyungjin and Kim Mi Kyung
Bought by
Kim Seyong O and Kim Yeojin
Seller's Agent
Linda Chang
Christie's International Real Estate Group-Fort Lee
Buyer's Agent
Woo Choi
Alpine MC Realty LLC
List Price
$435,000
Sold Price
$415,000
Premium/Discount to List
-$20,000
-4.6%
Current Estimated Value
$590,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,452
Avg. Annual Appreciation
7.62%
Original Mortgage
$332,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2013
Closed on
Mar 15, 2013
Sold by
Aversa Alfred
Bought by
Kyung Kim Mi
Seller's Agent
ALINA C. NOLAN
COLDWELL BANKER REALTY RDG
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Original Mortgage
$251,250
Interest Rate
3.56%
Mortgage Type
New Conventional
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
Kim Seyong O $415,000 Old Republic Natl Ttl Ins Co
Kyung Kim Mi $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Yeojin O $325,000
Previous Owner Kim Seyong O $332,000
Previous Owner Kyung Kim Mi $251,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $415,000 -4.6% $235 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $435,000 +29.9% $247 / Sq Ft
03/15/2013 03/15/13 Sold $335,000 -- $190 / 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
2024 $11,214 $419,200 $194,500 $224,700
2023 $10,688 $420,300 $194,000 $226,300
2022 $10,688 $399,700 $185,000 $214,700
2021 $10,882 $389,200 $181,000 $208,200
2020 $10,676 $386,400 $179,500 $206,900
2019 $10,654 $382,400 $177,000 $205,400
2018 $10,467 $381,300 $178,500 $202,800
2017 $10,165 $376,200 $175,000 $201,200
2016 $9,824 $330,100 $140,000 $190,100
2015 $9,609 $330,100 $140,000 $190,100
2014 $9,190 $330,100 $140,000 $190,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20020928

New Jersey MLS

APN: 44-00112-0000-00008-0000-C0007