NOT LISTED FOR SALE

701 Paramus Rd Paramus, NJ 07652

Estimated Value: $1,571,000 - $1,705,000

5 Beds
4 Baths
3,908 Sq Ft
$417/Sq Ft Est. Value

Last Sold August 07, 2019

Last sale price $900,000 $230 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $10,532/month

156 Days on Market

Highlights

  • Colonial Architecture
  • Property is near a park
  • En-Suite Primary Bedroom
  • Paramus High School Rated A-
  • Fireplace
  • Central Air

About This Home

As of August 2019

Elegant 5 BED 4 BATH brick Colonial 3900 SQ FT house in highly desirable town of Paramus. Impeccably maintained home w/rich wood floors on 1st floor; crown molding/wood detailing designed by a wood craftsman. Two story foyer opens into the main living areas, complete w/grand staircase. Bedroom on main floor can be used as home office. Dining room has stunning built-in wood buffet complete w/intricate woodwork. Spacious kitchen has modern steel appliances, pendant lighting; opens to a sun-drenched two story eat-in dining area. All 1st floor rooms let in ample sunlight. 2nd floor has 4 bedrooms, 2 bedrooms share a Jack & Jill bathroom, 3rd bedroom has own bathroom. Master bedroom includes space for a comfortable sitting area. Master ensuite includes walk-in shower, and jacuzzi tub. All 2nd floor bedrooms are spacious, each with closet space. Fully finished basement includes home theater room w/coffered ceilings, dry bar, office space, and woodworker's dream workshop (All included).

Last Agent to Sell the Property

Rich Kim

Real Listed on: 02/11/2019

Last Buyer's Agent

Shpresa Lita

Keller Williams City Views Realty

Keller Williams City Views Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,564

Lot Details

  • 0.42 Acre Lot
  • Rectangular Lot

Home Design

  • Built in the 2000s
  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Central Vacuum
  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Location

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

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 024606701 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,564

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, Extended Family
  • Miscellaneous: Central Vac
  • Views/Exposure: None
  • Year Built: 2000's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 9
  • Fireplace: 1 Fireplace
  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Primary Bathroom: Y
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Basement: WOOD SHOP, OFFICE, ENT RM

Exterior Features

  • Exterior: Brick, Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: 2 Car

Utilities

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

Condo/Co-op/Association

  • Association: None

Schools

  • Middle School: West Brook M.S.
  • High School: Paramus H.S.

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00005
  • Lot Description: Regular
  • Lot Dimensions: 105 x 175
  • Estimated Lot Sq Ft: 18374

Tax Info

  • Tax: 16564
  • Assessor Parcel Number: 024606701 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2019
Closed on
Aug 6, 2019
Sold by
Kang Chong Y and Kang Son Y
Bought by
Lita Donika
Seller's Agent
Rich Kim
Real
Buyer's Agent
Shpresa Lita
Keller Williams City Views Realty
List Price
$1,049,000
Sold Price
$900,000
Premium/Discount to List
-$149,000
-14.2%
Current Estimated Value
$1,630,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$730,303
Avg. Annual Appreciation
10.52%

Purchase Details

Closed on
Aug 18, 2005
Sold by
Spataro Matteo
Bought by
Kang Son and Kang Tae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
5.81%

Purchase Details

Closed on
Sep 2, 2004
Sold by
Finley May
Bought by
Spataro Matteo and Spataro Carmela
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
Lita Donika $900,000 --
Kang Son $995,000 --
Spataro Matteo $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lita Donika $538,543
Closed Lita Donika $400,000
Previous Owner Kang Tae B $651,000
Previous Owner Kang Son Y $670,000
Previous Owner Kang Son $725,000
Previous Owner Finley James J $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2019 08/07/19 Sold $900,000 -14.2% $230 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $1,049,000 -- $268 / 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 $18,330 $1,244,200 $329,100 $915,100
2023 $17,406 $1,194,900 $313,800 $881,100
2022 $17,406 $1,121,500 $293,400 $828,100
2021 $17,074 $1,032,300 $271,500 $760,800
2020 $16,411 $1,028,900 $279,600 $749,300
2019 $16,773 $903,700 $267,800 $635,900
2018 $16,565 $903,700 $267,800 $635,900
2017 $16,276 $903,700 $267,800 $635,900
2016 $15,833 $903,700 $267,800 $635,900
2015 $15,670 $903,700 $267,800 $635,900
2014 $15,535 $903,700 $267,800 $635,900
Source: Public Records

Agents Affiliated with this Home

  • Rich Kim

    Seller's Agent in 2019

    Rich Kim

    Real

    (551) 800-1102

    4 in this area

    180 Total Sales

    Rich Kim
    Section Image

  • S

    Buyer's Agent in 2019

    Shpresa Lita

    Keller Williams City Views Realty

    (201) 657-9977

    2 in this area

    25 Total Sales

    Shpresa Lita
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 1905514

New Jersey MLS

APN: 46-06701-0000-00005

New Jersey Bergen County Paramus 07652

701 Paramus Rd, Paramus, NJ

This home is located at 701 Paramus Rd, Paramus, NJ 07652 since 11 February 2019 and is currently estimated at $1,630,303, approximately $417 per square foot. 701 Paramus Rd is a home located in Bergen County with nearby schools including Paramus High School, Alpine Learning Group, and Academy Of Our Lady At St Catharine.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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