$480,000
SOLD OCT 9, 2020

8-50 Forest St Unit 1X Fair Lawn, NJ 07410

3 Beds
2 Baths
1,188 Sq Ft
5,001 Sq Ft Lot

Recently Sold

$404 Per Sq Ft

2% Below List Price

20 Days on Market

Highlights

  • Property is near a park
  • Attached Garage
  • Central Air
  • Westmoreland Elementary School Rated A
  • En-Suite Primary Bedroom
  • Rectangular Lot

About This Home

As of October 2020

Welcome to this beautifully renovated tri-level split located near the end of quiet tree-lined street in desirable town of Fair Lawn. This home has 1700 sqft of finished space and offers open concept living room ,eat in kitchen with side island and stainless steel appliances. Kitchen is fully updated with granite countertops, modern backsplash and touch faucet. Upstairs are 3 bedrooms and wonderful new bathroom. Going down is a laundry area and another full bath. Basement is finished . Hardwood floors through out . Brand new central AC, updated electric and plumbing. Large backyard is perfect for entertaining in warmer seasons. There is a lot of value in this house. Now is time to make it home. Call today !

Last Agent to Sell the Property

Marta Zak

Coldwell Banker, Kinnelon/Butler Listed on: 08/06/2020

Coldwell Banker, Kinnelon/Butler

Last Buyer's Agent

Christina Tolen

Weichert Realtors, Monroe

Weichert Realtors, Monroe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,778

Lot Details

  • 5,001 Sq Ft Lot
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Built in the 1950s
  • Split Level Home
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Location

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

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 021705819 00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,778

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Split Level
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Wrshp
  • Miscellaneous: None
  • Views/Exposure: None
  • Year Built: 1950's, Renovated
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 6
  • Fireplace: None
  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Primary Bathroom: Y
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Basement: Full finished
  • Items Included: Refrigerator

Exterior Features

  • Exterior: Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Attached, 1 Car

Utilities

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

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00025
  • Lot Description: Regular
  • Lot Dimensions: 50x100
  • Estimated Lot Sq Ft: 5001

Tax Info

  • Tax: 7778
  • Assessor Parcel Number: 021705819 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Oct 9, 2020
Sold by
264 Haworth Llc
Bought by
Laureano Pedro and Laureano Jennifer
Seller's Agent
Marta Zak
Coldwell Banker, Kinnelon/Butler
Buyer's Agent
Christina Tolen
Weichert Realtors, Monroe
List Price
$489,000
Sold Price
$480,000
Premium/Discount to List
-$9,000
-1.84%
Current Estimated Value
$626,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,478
Avg. Annual Appreciation
5.73%
Original Mortgage
$408,000
Outstanding Balance
$366,360
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$260,118

Purchase Details

Listed on
May 5, 2020
Closed on
Jun 10, 2020
Sold by
Klemchak Craig S
Bought by
264 Haworth Llc
Seller's Agent
Maria Rini
RE/MAX Real Estate Limited
Buyer's Agent
Marta Zak
Coldwell Banker, Kinnelon/Butler
List Price
$310,000
Sold Price
$320,000
Premium/Discount to List
$10,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
241.67%
Original Mortgage
$290,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 4, 2019
Sold by
Klemchak Carole J
Bought by
Klemchak Craig S
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 $480,000 Wfg National Title Ins Co
Deed $320,000 Stewart Title Guaranty Co
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,000 New Conventional
Previous Owner $290,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $480,000 -1.8% $404 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $489,000 +52.8% $412 / Sq Ft
06/10/2020 06/10/20 Sold $320,000 +3.2% $269 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $310,000 -- $261 / 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 $9,520 $272,400 $143,000 $129,400
2023 $9,406 $272,400 $143,000 $129,400
2022 $9,406 $272,400 $143,000 $129,400
2021 $7,976 $230,800 $143,000 $87,800
2020 $7,916 $230,800 $143,000 $87,800
2019 $7,778 $230,800 $143,000 $87,800
2018 $7,635 $230,800 $143,000 $87,800
2017 $7,446 $230,800 $143,000 $87,800
2016 $7,240 $230,800 $143,000 $87,800
2015 $6,854 $230,800 $143,000 $87,800
2014 $6,734 $230,800 $143,000 $87,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20031705

New Jersey MLS

APN: 17-05819-0000-00025