NOT LISTED FOR SALE

8 Academy Ln Demarest, NJ 07627

Estimated Value: $2,824,101 - $3,224,000

-- Bed
-- Bath
4,849 Sq Ft
$609/Sq Ft Est. Value

About This Home

This home is located at 8 Academy Ln, Demarest, NJ 07627 and is currently estimated at $2,954,275, approximately $609 per square foot. 8 Academy Ln is a home located in Bergen County with nearby schools including County Road Elementary School, Demarest Middle School, and Luther Lee Emerson Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 1995
Sold by
Ivan Corp
Bought by
Paka Kimar and Paka Renuka
Current Estimated Value
$2,954,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,000
Outstanding Balance
$45,508
Interest Rate
7.82%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Paka Kimar $1,015,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paka Kumar $190,000
Closed Paka Renuka Devi $240,000
Closed Paka Kimar $812,000
Source: Public Records

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 $48,148 $2,468,400 $1,218,000 $1,250,400
2024 $45,959 $1,575,000 $776,000 $799,000
2023 $44,714 $1,575,000 $776,000 $799,000
2022 $44,714 $1,575,000 $776,000 $799,000
2021 $43,610 $1,575,000 $776,000 $799,000
2020 $42,588 $1,575,000 $776,000 $799,000
2019 $41,360 $1,575,000 $776,000 $799,000
2018 $40,084 $1,575,000 $776,000 $799,000
2017 $39,123 $1,575,000 $776,000 $799,000
2016 $38,509 $1,575,000 $776,000 $799,000
2015 $37,989 $1,575,000 $776,000 $799,000
2014 $37,170 $1,575,000 $776,000 $799,000
Source: Public Records

Map

New Jersey Bergen County Demarest 07627

8 Academy Ln, Demarest, NJ

This home is located at 8 Academy Ln, Demarest, NJ 07627 and is currently estimated at $2,954,275, approximately $609 per square foot. 8 Academy Ln is a home located in Bergen County with nearby schools including County Road Elementary School, Demarest Middle School, and Luther Lee Emerson Elementary School.

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