$685,000
SOLD JUN 14, 2024
4 Beds
3 Baths
1,973 Sq Ft
0.45 Acres

Recently Sold

$347 Per Sq Ft

10% Above List Price

24 Days on Market

About This Home

As of June 2024

This home is located at 8 Lorenz Place, Wayne, NJ 07470 and is currently priced at $685,000, approximately $347 per square foot. This property was built in 1963. 8 Lorenz Place is a home located in Passaic County with nearby schools including Packanack Elementary School, George Washington Middle School, and Wayne Valley High School.

Last Agent to Sell the Property

Lauren Turano

COLDWELL BANKER REALTY Brokerage Phone: 973-694-8000 Listed on: 04/01/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

ARI MESMER

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,895

Year Built

  • Built in 1963

Lot Details

  • 0.45 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,895

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • County Name: Passaic
  • Street Number Display: 8
  • I D: 5278657
  • Modified: 2024-06-16
  • Number Images: 1
  • Attribution Contact: 973-694-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .451 AC
  • Total Acres: 0.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Jun 6, 2024
Sold by
Andalft Anthony C
Bought by
Ullah Azmat and Javed Rabia
Seller's Agent
Lauren Turano
COLDWELL BANKER REALTY
Buyer's Agent
ARI MESMER
RE/MAX SELECT
List Price
$624,900
Sold Price
$685,000
Premium/Discount to List
$60,100
9.62%
Total Days on Market
24
Views
197
Current Estimated Value
$748,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,901
Avg. Annual Appreciation
9.43%
Original Mortgage
$650,750
Outstanding Balance
$645,368
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$103,533

Purchase Details

Closed on
Nov 1, 2001
Sold by
Andalft Mary
Bought by
Andalft Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.61%
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 $685,000 Main Street Title
Deed $340,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,750 New Conventional
Previous Owner $170,000 Unknown
Previous Owner $88,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $685,000 +9.6% $347 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $624,900 -- $317 / 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 $14,895 $260,500 $135,800 $124,700
2023 $14,729 $260,500 $135,800 $124,700
2022 $14,713 $260,500 $135,800 $124,700
2021 $14,713 $260,500 $135,800 $124,700
2020 $14,648 $260,500 $135,800 $124,700
2019 $14,364 $260,500 $135,800 $124,700
2018 $14,236 $260,500 $135,800 $124,700
2017 $14,106 $260,500 $135,800 $124,700
2016 $13,908 $260,500 $135,800 $124,700
2015 $13,741 $260,500 $135,800 $124,700
2014 $13,353 $260,500 $135,800 $124,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3893582

Garden State MLS

APN: 14-01604-0000-00006