NOT LISTED FOR SALE

78 Eastern Way Rutherford, NJ 07070

Estimated Value: $618,000 - $764,000

3 Beds
2 Baths
1,480 Sq Ft
$451/Sq Ft Est. Value

Last Sold November 26, 2020

Last sale price $450,000 $304 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,655/month

12 Days on Market

Highlights

  • Views to the East
  • Property is near a park
  • Laundry Facilities
  • Rutherford High School Rated A
  • Detached Garage
  • Rectangular Lot

About This Home

As of November 2020

Here is a fabulous opportunity in a great location! Exceptional 2-family, very clean and well maintained perfect for investors or buyers who want to live in one and rent out another. Bonus enclosed front porch with all kinds of potential. You'll love this beautiful multi-family with 2 bedrooms, living room, eat-kitchen and 1 full bath on the first level. Second level 1 bedroom, living room, eat-in-kitchen, full bath and pull down attic storage. Both units are bright, spacious and comfortable with lots of windows. New concrete slab basement with high ceilings, storage, washer and dryer hook-ups. A gorgeous backyard with a delightful garden, patio, detached garage and driveway. Separate utilities, centrally located close to parks, shopping, great dining, major highways, minutes to NYC transportation including bus/train for a seamless commute and more. Wow, this is the one...don't wait to become the proud new owner!

Last Listed By

Tammy Holmes-Valentin

Real Listed on: 09/03/2020

Real

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,334

Year Built

  • 1925

Lot Details

  • 3,202 Sq Ft Lot
  • Rectangular Lot

Parking

  • Detached Garage

Home Design

  • Built in the 1940s
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

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

Utilities

  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Views to the East
  • Washer and Dryer Hookup

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 025600161 00034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,334

Year Built

1925

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Views/Exposure: East
  • Year Built: 1940's
  • Miscellaneous: Hdwd As In, Strms/Scrns
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 7
  • Fireplace: None
  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Laundry: Basement, Hook Ups

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: Detached, O/See Remk, Park Space

Utilities

  • Heating: Gas, Radiators, Steam
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: None

Lot Info

  • County Name: BERGEN
  • Locale: 300
  • Lot: 00034
  • Estimated Lot Sq Ft: 3202
  • Lot Description: Regular

Tax Info

  • Tax: 10334
  • Assessor Parcel Number: 025600161 00034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 30, 2020
Sold by
Araki Hajime and Araki Victoria S
Bought by
Zakry Moamen
Seller's Agent
Tammy Holmes-Valentin
Real
Buyer's Agent
Outside Agent
Outside Office
List Price
$439,500
Sold Price
$450,000
Premium/Discount to List
$10,500
2.39%
Total Days on Market
12
Current Estimated Value
$667,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,175
Avg. Annual Appreciation
9.25%
Original Mortgage
$396,825
Interest Rate
2.88%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2006

Purchase Details

Closed on
Jun 1, 2006
Sold by
Grover Francis X
Bought by
Grover Susan and Grover Francis X

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
Zakry Moamen $450,000 Addison Abstract
-- $420,000 --
Grover Susan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zakry Moamen $396,825
Previous Owner Araki Victoria S $351,932
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2020 11/26/20 Sold $450,000 +2.4% $304 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $439,500 -- $297 / 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 $11,477 $377,300 $235,600 $141,700
2023 $11,202 $377,300 $235,600 $141,700
2022 $11,202 $377,300 $235,600 $141,700
2021 $10,298 $377,300 $235,600 $141,700
2020 $10,757 $377,300 $235,600 $141,700
2019 $10,334 $377,300 $235,600 $141,700
2018 $10,191 $377,300 $235,600 $141,700
2017 $10,048 $377,300 $235,600 $141,700
2016 $9,825 $377,300 $235,600 $141,700
2015 $9,557 $377,300 $235,600 $141,700
2014 $9,259 $377,300 $235,600 $141,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20036570

New Jersey MLS

APN: 56-00161-0000-00034