NOT LISTED FOR SALE

882 Ratzer Rd Wayne, NJ 07470

Estimated Value: $797,000 - $920,000

4 Beds
2.5 Baths
2,077 Sq Ft
$405/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $750,000 $361 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,412/month

137 Days on Market

Highlights

  • Views to the East
  • En-Suite Primary Bedroom
  • Baseboard Heating
  • Anthony Wayne Middle School Rated A-
  • Central Air
  • Rectangular Lot

About This Home

As of May 2024

A true DIAMOND IN THE ROUGH nestled on a park like property with a large set back from the road and plenty of parking for up to 12 cars. This fantastic home was just fully renovated and restored to almost like new construction; with a brand new roof, windows, doors, central air conditioning system, and full electrical service upgrade. Other features include: low taxes, kitchen with breakfast bar and brand new stainless steel appliances including an under the counter beverage cooler; dining room, living room, family room, ground floor laundry/mud room, partially finished basement, 4 bedrooms, 2 1/5 bathrooms, and a 2 car garage. Nearby schools, house of worship, golfing, fishing, parks, shops, & stops. Just foot steps from your front door to the bus stop into NY City.

Last Agent to Sell the Property

David Naseef

RE/MAX Elite Realty Listed on: 11/29/2023

RE/MAX Elite Realty

Last Buyer's Agent

Stephen Braconi

Christie's International Real Estate Group-Franklin Lakes

Christie's International Real Estate Group-Franklin Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,827

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 116x130
  • Rectangular Lot

Parking

  • 2 Car Garage

Property Views

  • Views to the East

Home Design

  • Split Level Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00012 / 02208

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,827

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Split Level
  • ResoLotFeatures: Regular
  • View Type:Pond View: East, South
  • Co List Office Phone: (973) 287-6047
  • Outside Inclusions: All kitchen appliances, fire estwingsher, smoke & carbon detectors
  • MLS Status: Sold - Sold
  • Directions: North on Valley Road then turn left onto Ratzer Road. Just past Preakness Hills Country Club and turn left into the driveway at 882 Ratzer Road.
  • Reso Fireplace Features: None
  • Year Built Details: 1960's,Renovated
  • PropertySubTypeAdditional: Other
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: Rec Room

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas, Hot Water, Zoned

Lot Info

  • Lot Dimensions: 116x130
  • Lot Size Sq Ft: 15072.0

Tax Info

  • Tax Annual Amount: 10827.0
  • Tax Block: 02208
  • Tax Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
May 8, 2024
Sold by
Norton William
Bought by
Peng Yuchen and Liu Xinglei
Seller's Agent
David Naseef
RE/MAX Elite Realty
Buyer's Agent
Stephen Braconi
Christie's International Real Estate Group-Franklin Lakes
List Price
$826,999
Sold Price
$750,000
Premium/Discount to List
-$76,999
-9.31%
Views
355
Current Estimated Value
$841,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,632
Avg. Annual Appreciation
8.71%
Original Mortgage
$600,000
Outstanding Balance
$592,041
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$249,591

Purchase Details

Listed on
May 4, 2023
Closed on
Jul 20, 2023
Sold by
Sharma Mamal T
Bought by
Norton William
Seller's Agent
Catherine Coppola
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
David Naseef
RE/MAX ELITE REALTY
List Price
$549,000
Sold Price
$534,000
Premium/Discount to List
-$15,000
-2.73%
Views
331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.90%
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
Peng Yuchen $750,000 Westcor Land Title
Peng Yuchen $750,000 Westcor Land Title
Norton William $534,000 Evident Title Agency
Norton William $534,000 Evident Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peng Yuchen $600,000
Closed Peng Yuchen $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $750,000 -2.6% $361 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
04/01/2024 04/01/24 Price Changed $769,999 -0.6% $371 / Sq Ft
03/04/2024 03/04/24 Price Changed $775,000 -1.9% $373 / Sq Ft
02/25/2024 02/25/24 Price Changed $789,999 -2.9% $380 / Sq Ft
12/22/2023 12/22/23 Price Changed $813,999 -1.6% $392 / Sq Ft
12/21/2023 12/21/23 For Sale $826,999 0.0% $398 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $826,999 +54.9% $398 / Sq Ft
07/27/2023 07/27/23 Sold $534,000 -2.7% $257 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $549,000 -- $264 / 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 $11,387 $240,300 $90,000 $150,300
2024 $10,950 $191,500 $90,000 $101,500
2023 $10,827 $191,500 $90,000 $101,500
2022 $10,827 $191,500 $90,000 $101,500
2021 $10,816 $191,500 $90,000 $101,500
2020 $10,768 $191,500 $90,000 $101,500
2019 $10,559 $191,500 $90,000 $101,500
2018 $10,465 $191,500 $90,000 $101,500
2017 $10,370 $191,500 $90,000 $101,500
2016 $10,224 $191,500 $90,000 $101,500
2015 $10,102 $191,500 $90,000 $101,500
2014 $9,816 $191,500 $90,000 $101,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23036160

New Jersey MLS

APN: 14-02208-0000-00012