NOT LISTED FOR SALE

786 Preakness Ave Wayne, NJ 07470

Estimated Value: $620,000 - $728,000

4 Beds
2.5 Baths
832 Sq Ft
$798/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $455,000 $547 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,443/month

13 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Lafayette Elementary School Rated A-
  • Wood Flooring
  • Mud Room

About This Home

As of June 2020

Located on a double lot, this updated cape with a separate, oversized, steel beam constructed 3+ car garage plus car/boat port, office & large updated 3 room apt above offers Endless possibilities.. This property provides a wonderful opportunity for all contractors, landscapers, artist studio, car collector or multi generational living. Move-in ready 6 room Cape with 3 bdrms, 1 updated FBA , recently renovated kitchen with granite CT, large deck, fenced yard, 3 zone BBHW heat & fabulous floor plans(see attached). Spacious, well designed, updated apartment over a detached, 3 car garage. Tremendous amount of additional parking. Convenient to everything, schools, shopping, houses or worship & highways. A rare find and great value for this unique and very special property. Your clients will thank you.

Last Agent to Sell the Property

Lori Buck

HOWARD HANNA RAND REALTY Listed on: 03/11/2020

HOWARD HANNA RAND REALTY

Last Buyer's Agent

Douglass Holmes

HOWARD HANNA RAND REALTY

HOWARD HANNA RAND REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,567

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 77 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Detached Carport Space
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Converted Dwelling
  • Vinyl Siding
  • Tile

Interior Spaces

  • Skylights
  • Mud Room
  • Living Room
  • Formal Dining Room
  • Workshop
  • Storage Room
  • Utility Room
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Lafayette Elementary School
  • Anthony Wayne Middle School
  • Wayne Valley High School

Utilities

  • Window Unit Cooling System
  • Forced Air Zoned Heating and Cooling System
  • Electric Baseboard Heater
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2514-01902-0000-00123-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,567

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Style: Cape Cod, Converted Structure
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Renovated
  • County Name: Passaic
  • Exclusions: refrigerators and washer & dryer in garage
  • Possible Other Uses: Home-Office
  • Renovated Year: 2016
  • Street Number Display: 786
  • Directions: Valley Road to Preakness
  • I D: 4969519
  • Modified: 2021-09-23
  • Number Images: 16
  • First Name: LORI
  • First Name3: DOUGLASS
  • Last Name: BUCK
  • Last Name3: HOLMES
  • Office Phone3: 973-740-1881
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Flooring: Carpeting, Laminate, Tile, Wood
  • Appliances: Dishwasher, Dryer, Kitchen Exhaust Fan, Range/Oven-Gas, Refrigerator, Sump Pump, Washer
  • Interior Amenities: Skylight, StallTub
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room, Storage Room, Utility Room, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Dining Room, Kitchen, Living Room, MudRoom, Pantry
  • Level 2 Rooms: 1 Bedroom
  • Phone: 973-740-1881

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Carport-Detached, Detached Garage, Finished Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 10
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Central Air, Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 4 Units, Baseboard - Electric, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: LAFAYETTE
  • Middle School: ANTHONY WAYNE
  • High School: WAYNE VALLEY
  • High School: WAYNE VALLEY
  • Middle Jr High School: ANTHONY WAYNE

Lot Info

  • Lot Size: 77 X 202 IRR
  • Assessed Improvement Value: 101400
  • Assessed Land Value: 72100
  • Assessment: 173500
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 123/124

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9567
  • Assessor Parcel Number: 2514-01902-0000-00123-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.514
  • Tax Rate Year: 2019
  • Tax Year: 2019

MLS Schools

  • Grade School: LAFAYETTE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Jun 10, 2020
Sold by
Vigilante Louis R
Bought by
Ags Realty Llc
Seller's Agent
Lori Buck
HOWARD HANNA RAND REALTY
Buyer's Agent
Douglass Holmes
HOWARD HANNA RAND REALTY
List Price
$430,000
Sold Price
$455,000
Premium/Discount to List
$25,000
5.81%
Current Estimated Value
$663,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,650
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
Feb 19, 2004
Sold by
Zarantonello Mark
Bought by
Vigilante Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.83%
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
Ags Realty Llc $455,000 Simplicity Title Llc
Vigilante Louis $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vigilante Louis R $172,409
Previous Owner Vigilante Louis $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2020 06/10/20 Sold $455,000 +5.8% $547 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $430,000 -- $517 / 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
2024 $9,921 $173,500 $72,100 $101,400
2022 $9,810 $173,500 $72,100 $101,400
2021 $9,799 $173,500 $72,100 $101,400
2020 $9,756 $173,500 $72,100 $101,400
2019 $9,567 $173,500 $72,100 $101,400
2018 $9,482 $173,500 $72,100 $101,400
2017 $9,395 $173,500 $72,100 $101,400
2016 $9,263 $173,500 $72,100 $101,400
2015 $9,152 $173,500 $72,100 $101,400
2014 $8,894 $173,500 $72,100 $101,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3622856

Garden State MLS

APN: 14-01902-0000-00123