$527,000
SOLD APR 20, 2022

78 Lanza Ave Garfield, NJ 07026

4 Beds
2 Baths
1,564 Sq Ft
5,288 Sq Ft Lot

Recently Sold

$337 Per Sq Ft

20% Above List Price

7 Days on Market

About This Home

As of April 2022

Incredible Opportunity! 2-Family with Updated Units. 1st Floor Unit boasts 2 Bedrooms, Living Room, Dining Area, Eat-in-Kitchen and Full Bath. 2nd Floor Unit features 2 Bedrooms, Living Room, Dining Room, Eat-in-Kitchen and Full Bath. Bright Open Porch on both levels. Unfinished Basement with Laundry Hook-Ups and Huge Unfinished Attic - Lots of Possibilities! Great Investment or Let Your Tenant Pay Your Mortgage! Rear Patio too & Large Yard with Spacious Shed. Being Sold As Is. Will Not Last. Call Now!

Last Agent to Sell the Property

Linda ROWE

Christie's International Real Estate Group-Ridgewood Listed on: 01/19/2022

Christie's International Real Estate Group-Ridgewood

Last Buyer's Agent

Sara Hashemi-nasab

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,262

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 5,288 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00050 / 00198

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,262

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups, In Unit
  • Co List Office Phone: 201-962-9552
  • MLS Status: Sold - Sold
  • Directions: River Dr to Lanza Ave or Midland Ave to Lanza Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Remarks: Full, Unfinished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5288.0

Tax Info

  • Tax Annual Amount: 7262.0
  • Tax Block: 00198
  • Tax Lot: 00050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Feb 21, 2022
Sold by
Lanza Avenue Llc
Bought by
Vahid Arash and Nasab Samira
Seller's Agent
Linda ROWE
Christie's International Real Estate Group-Ridgewood
Buyer's Agent
Sara Hashemi-nasab
Keller Williams Village Square Realty
List Price
$439,000
Sold Price
$527,000
Premium/Discount to List
$88,000
20.05%
Current Estimated Value
$635,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,874
Avg. Annual Appreciation
5.24%
Original Mortgage
$330,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2020
Closed on
Jul 29, 2021
Sold by
Garfield Lodge No 2267 Benevolent
Bought by
Lanza Avenue Llc
Seller's Agent
Calvin Wingo
COLDWELL BANKER REALTY
Buyer's Agent
LINDA ROWE
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.66%

Purchase Details

Closed on
Aug 10, 1982
Bought by
Garfield Lodge 2267 Elks
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $527,000 New Title Company Name
Bargain Sale Deed $400,000 Chicago Title Insurance Co
Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $330,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Rented $1,900 0.0% --
02/03/2023 02/03/23 For Rent $1,900 0.0% --
04/20/2022 04/20/22 Sold $527,000 +20.0% $337 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $439,000 +9.8% $281 / Sq Ft
07/30/2021 07/30/21 Sold $400,000 +0.3% $256 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $399,000 -- $255 / 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 $8,182 $245,200 $120,100 $125,100
2024 $8,045 $245,200 $120,100 $125,100
2023 $7,648 $245,200 $120,100 $125,100
2022 $7,648 $245,200 $120,100 $125,100
2021 $7,425 $245,200 $120,100 $125,100
2020 $7,263 $245,200 $120,100 $125,100
2019 $7,126 $245,200 $120,100 $125,100
2018 $6,966 $245,200 $120,100 $125,100
2017 $6,844 $245,200 $120,100 $125,100
2016 $6,640 $245,200 $120,100 $125,100
2015 $6,476 $245,200 $120,100 $125,100
2014 $6,304 $245,200 $120,100 $125,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22001870

New Jersey MLS

APN: 21-00198-0000-00050