NOT LISTED FOR SALE

80 Westervelt Ave Tenafly, NJ 07670

Estimated Value: $909,000 - $1,092,000

5 Beds
2 Baths
1,562 Sq Ft
$632/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $830,000 $531 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,140/month

16 Days on Market

About This Home

As of June 2023

RARE 2 family home offered for sale in the heart of Tenafly! Unit 1, which is vacant, features 3 bedrooms & 1 bathroom. Unit 2, which has a tenant in place, features 2 bedrooms & 1 bathroom. Each unit boasts Stainless Steel Appliances, Quartz Countertops, and Washer / Dryer IN UNIT! Parking for multiple vehicles in driveway and back of the home plus 1 car detached garage. Baseboard heating and window A/C Units. Unfinished Basement. You will love the charming and welcoming front porch. Tenafly is home to AMAZING schools and a quick commute into NYC. Live in 1 unit and collect rent from 2nd unit! Or rent both! This multi-family home is not to be missed. Highest and Best Offers due Tuesday 5/9 at 12pm!

Last Agent to Sell the Property

Taylor Lucyk

Christie's International Real Estate Group-Paramus Listed on: 05/02/2023

Last Buyer's Agent

Heesun Kang

Christie's International Real Estate Group-Fort Lee

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,391

Lot Details

  • 7,301 Sq Ft Lot
  • Lot Dimensions are 49x149

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit

Listing and Financial Details

  • Legal Lot and Block 00003 / 00802

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,391

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (201) 476-0777
  • MLS Status: Sold - Sold
  • Directions: Tenafly to Westervelt Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Renovated,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Remarks: Unfinished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Dimensions: 49X149
  • Lot Size Sq Ft: 7301.0

Tax Info

  • Tax Annual Amount: 11391.0
  • Tax Block: 00802
  • Tax Lot: 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Jun 20, 2023
Sold by
Kraus Scott and Kraus Elizabeth
Bought by
Kim Jason and Kim Kyung-A
Seller's Agent
Taylor Lucyk
Christie's International Real Estate Group-Paramus
Buyer's Agent
Heesun Kang
Christie's International Real Estate Group-Fort Lee
List Price
$799,000
Sold Price
$830,000
Premium/Discount to List
$31,000
3.88%
Views
192
Current Estimated Value
$987,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,062
Avg. Annual Appreciation
6.76%
Original Mortgage
$581,000
Outstanding Balance
$562,967
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$424,095

Purchase Details

Closed on
Aug 30, 1999
Sold by
Steir Arthur and Steir Anne
Bought by
Kraus Scott and Kraus Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
7.5%
Mortgage Type
Stand Alone First
Source: Public Records
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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
Kim Jason $830,000 American Land Title
Kraus Scott $163,000 Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Jason $581,000
Previous Owner Kraus Scott $130,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $830,000 +3.9% $531 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $799,000 -- $512 / Sq Ft
Source: New Jersey MLS

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 $12,179 $428,700 $258,500 $170,200
2024 $11,884 $428,700 $258,500 $170,200
2023 $11,596 $428,700 $258,500 $170,200
2022 $11,596 $428,700 $258,500 $170,200
2021 $11,391 $428,700 $258,500 $170,200
2020 $11,223 $428,700 $258,500 $170,200
2019 $11,026 $428,700 $258,500 $170,200
2018 $10,855 $428,700 $258,500 $170,200
2017 $10,816 $428,700 $258,500 $170,200
2016 $10,602 $428,700 $258,500 $170,200
2015 $10,366 $428,700 $258,500 $170,200
2014 $10,173 $428,700 $258,500 $170,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23012816

New Jersey MLS

APN: 61-00802-0000-00003

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