NOT LISTED FOR SALE

362 Lafayette Ave Cliffside Park, NJ 07010

Estimated Value: $778,000 - $916,000

4 Beds
3 Baths
1,783 Sq Ft
$465/Sq Ft Est. Value

Last Sold July 05, 2024

Last sale price $810,000 $454 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,517/month

42 Days on Market

About This Home

As of July 2024

Discover this cozy, charming income-generating 2-family home on a spacious 50X100 lot, just steps away from Anderson Ave. Ideal location close to NYC transit and shopping. The basement offers a family room, full bath, washer/dryer, backyard access, and utility space. The first floor boasts a living room with fireplace, kitchen, full bath, deck, and 2 bedrooms, while the second floor features 1 bed, full bath, living room, and kitchen. Tenant is currently on month-to-month lease and paying below market value, offering potential for expansion or development. Dream big with this opportunity!

Last Listed By

Aiden Kim

EXP Realty, LLC - Englewood Cliffs Listed on: 04/03/2024

EXP Realty, LLC - Englewood Cliffs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,840

Year Built

  • 1952

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00009 / 02803

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,840

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (866) 201-6210
  • MLS Status: Sold - Sold
  • Directions: use GPS
  • Architectural Style: 2 Family
  • Year Built Details: 1950's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Remarks: Family Room, Full Bath, Laundry Room

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Dimensions: 50x100
  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 10840.0
  • Tax Block: 02803
  • Tax Lot: 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
Jul 3, 2024
Sold by
Kim Eun Jeong
Bought by
Bachynsky Mark and Valentina Raissikh
Seller's Agent
Aiden Kim
EXP Realty, LLC - Englewood Cliffs
Buyer's Agent
Sungwook Kim
EXP Realty, LLC
List Price
$699,000
Sold Price
$810,000
Premium/Discount to List
$111,000
15.88%
Total Days on Market
42
Views
94
Current Estimated Value
$828,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,208
Avg. Annual Appreciation
2.82%
Original Mortgage
$1,349,000
Outstanding Balance
$1,339,584
Interest Rate
7.03%
Mortgage Type
Construction
Estimated Equity
-$511,376

Purchase Details

Listed on
Aug 15, 2018
Closed on
Oct 23, 2018
Sold by
Kwak Ki D
Bought by
Kim Eun J
Seller's Agent
Danny Yoon
Prominent Properties Sotheby's International Realty-Edgewater
Buyer's Agent
Danny Yoon
Prominent Properties Sotheby's International Realty-Edgewater
List Price
$549,000
Sold Price
$554,000
Premium/Discount to List
$5,000
0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$362,700
Interest Rate
4.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 30, 2018
Sold by
Min-Na Jong Y and Jung Hye Y
Bought by
Kwak Ki D

Purchase Details

Closed on
Aug 8, 2003
Sold by
Choi Yong
Bought by
Jong Min Na and Jung Hye Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.02%

Purchase Details

Closed on
Mar 17, 1999
Sold by
Leach Christina and Czerniak Irene
Bought by
Choi Yong I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.78%

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
Bachynsky Mark $810,000 None Listed On Document
Kim Eun J $554,000 --
Kwak Ki D $440,000 --
Jong Min Na $350,000 --
Choi Yong I $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bachynsky Mark $1,349,000
Previous Owner Kim Eun J $362,700
Previous Owner Jong Min Na $200,000
Previous Owner Choi Yong I $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2024 07/05/24 Sold $810,000 +15.9% $454 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $699,000 +26.2% $392 / Sq Ft
10/23/2018 10/23/18 Sold $554,000 +0.9% $311 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $549,000 -- $308 / 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
2024 $10,840 $405,100 $242,300 $162,800
2023 $10,391 $405,100 $242,300 $162,800
2022 $10,391 $405,100 $242,300 $162,800
2021 $10,196 $405,100 $242,300 $162,800
2020 $10,079 $405,100 $242,300 $162,800
2019 $9,289 $380,400 $242,300 $138,100
2018 $9,274 $380,400 $242,300 $138,100
2017 $9,099 $380,400 $242,300 $138,100
2016 $8,920 $380,400 $242,300 $138,100
2015 $8,654 $380,400 $242,300 $138,100
2014 $8,414 $380,400 $242,300 $138,100
Source: Public Records

Agents Affiliated with this Home

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Source: New Jersey MLS

MLS Number: 24009793

New Jersey MLS

APN: 06-02803-0000-00009