NOT LISTED FOR SALE

87 Colony Ave Park Ridge, NJ 07656

Estimated Value: $526,000 - $1,173,864

3 Beds
1 Bath
1,252 Sq Ft
$587/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $440,000 $351 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,897/month

29 Days on Market

Highlights

  • Baseboard Heating
  • Park Ridge High School Rated A-
  • Rectangular Lot

About This Home

As of October 2022

Nearly a half acre level lot on an incredible street in sought after Park Ridge! Bring your design ideas to make this home your own! There is so much potential here for a complete renovation or new build! The three bed one full bath ranch style home needs some TLC but there is plenty of room for expansion! Public sewer public water and natural gas already in home! The home is being sold AS IS and seller will not be making any repairs.

Last Agent to Sell the Property

Samson Romano

Howard Hanna Rand Realty Listed on: 05/16/2022

Howard Hanna Rand Realty

Last Buyer's Agent

William Adesso

Childers Sotheby's International Realty

Childers Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,377

Lot Details

  • 0.48 Acre Lot
  • Rectangular Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00003 / 00714

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,377

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Ranch
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 973-694-6500
  • MLS Status: Sold - Sold
  • Directions: Pascack Rd. to Colony Ave.
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: No
  • Basement Remarks: Utilities

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Exclusions: Owners personal property
  • Construction Type: Aluminum Siding

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas, Hot Water

Lot Info

  • Lot Size Sq Ft: 20900.0

Tax Info

  • Tax Annual Amount: 10377.0
  • Tax Block: 00714
  • Tax Lot: 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Oct 25, 2022
Sold by
Spears Mirian
Bought by
Espinosa Michael P
Seller's Agent
Samson Romano
Howard Hanna Rand Realty
Buyer's Agent
William Adesso
Childers Sotheby's International Realty
List Price
$429,000
Sold Price
$440,000
Premium/Discount to List
$11,000
2.56%
Views
83
Current Estimated Value
$734,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,716
Avg. Annual Appreciation
19.56%
Original Mortgage
$352,000
Outstanding Balance
$341,025
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$393,691
Source: Public Records

Range of Values:

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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
Espinosa Michael P $440,000 Land Title
Espinosa Michael P $440,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinosa Michael P $352,000
Closed Espinosa Michael P $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $440,000 +2.6% $351 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $429,000 -- $343 / 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
2025 $11,797 $363,200 $304,000 $59,200
2024 $11,568 $363,200 $304,000 $59,200
2023 $10,969 $363,200 $304,000 $59,200
2022 $11,219 $363,200 $304,000 $59,200
2021 $10,070 $363,200 $304,000 $59,200
2020 $10,627 $363,200 $304,000 $59,200
2019 $10,329 $363,200 $304,000 $59,200
2018 $10,050 $363,200 $304,000 $59,200
2017 $9,814 $363,200 $304,000 $59,200
2016 $9,472 $363,200 $304,000 $59,200
2015 $8,841 $363,200 $304,000 $59,200
2014 $8,579 $363,200 $304,000 $59,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22017301

New Jersey MLS

APN: 47-00714-0000-00003