NOT LISTED FOR SALE

49 Island Terrace Oakland, NJ 07436

Estimated Value: $274,000 - $341,416

1 Bed
1 Bath
540 Sq Ft
$573/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $290,000 $537 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,204/month

168 Days on Market

Highlights

  • Docks
  • Indian Hills High School Rated A
  • Rectangular Lot

About This Home

As of December 2023

Just renovated! Get ready to move into this Charming Cottage Home in Oakland! Nothing to do but move in. Freshly Painted, Updated Bathroom & New Roof. Additional features include a garage and new Septic. This is a HomePath Property.

Last Listed By

David Quinones

Coldwell Banker Garden State Listed on: 04/14/2023

Coldwell Banker Garden State

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,395

Year Built

  • 1925

Lot Details

  • 7,579 Sq Ft Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Docks
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00002 / 02205

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,395

Year Built

1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: REO
  • PropertySubType: Ranch
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 201-791-9000
  • MLS Status: Sold - Sold
  • Directions: Center Ave to Island
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Primary Bathroom: No

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: None
  • Heating: Natural Gas

Lot Info

  • Lot Size Sq Ft: 7579.0

Tax Info

  • Tax Annual Amount: 5395.0
  • Tax Block: 02205
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Dec 1, 2023
Sold by
Federal National Mortgage Assn
Bought by
Palombo Janice A
Seller's Agent
David Quinones
Coldwell Banker Garden State
Buyer's Agent
Patrick Varelas
RE/MAX SELECT - Oakland
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Total Days on Market
168
Views
2615
Current Estimated Value
$309,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,354
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Mar 21, 2023
Sold by
Federal National Morteaee Association
Bought by
Norweco Inc

Purchase Details

Closed on
Sep 22, 2004
Sold by
Baker Spencer
Bought by
Saporito Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Interest Rate
5.81%

Purchase Details

Closed on
Apr 8, 1999
Sold by
Ehrlich Sanford
Bought by
Baker Spencer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,809
Interest Rate
6.83%

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
Palombo Janice A $290,000 None Listed On Document
Norweco Inc -- --
Saporito Gerald $180,000 --
Baker Spencer $53,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saporito Gerald $36,000
Previous Owner Saporito Gerald $174,600
Previous Owner Baker Spencer $53,550
Previous Owner Baker Spencer $50,809
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $290,000 -3.3% $537 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $299,900 0.0% $555 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/11/2023 08/11/23 Price Changed $299,900 -4.8% $555 / Sq Ft
06/15/2023 06/15/23 Price Changed $314,900 -4.5% $583 / Sq Ft
06/05/2023 06/05/23 For Sale $329,900 0.0% $611 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $329,900 -- $611 / 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 $5,769 $262,400 $170,300 $92,100
2023 $5,395 $243,000 $162,500 $80,500
2022 $5,395 $229,400 $151,100 $78,300
2021 $3,887 $126,600 $79,500 $47,100
2020 $3,797 $126,600 $79,500 $47,100
2019 $3,664 $126,600 $79,500 $47,100
2018 $3,587 $126,600 $79,500 $47,100
2017 $3,540 $126,600 $79,500 $47,100
2016 $3,444 $126,600 $79,500 $47,100
2015 $3,375 $126,600 $79,500 $47,100
2014 $3,306 $126,600 $79,500 $47,100
Source: Public Records

Agents Affiliated with this Home

  • David Quinones

    Seller's Agent in 2023

    David Quinones

    Coldwell Banker Garden State

    (201) 773-9109

    6 in this area

    191 Total Sales

    David Quinones
    Section Image
  • Patrick Varelas

    Buyer's Agent in 2023

    Patrick Varelas

    RE/MAX SELECT - Oakland

    (201) 400-5344

    3 in this area

    20 Total Sales

    Patrick Varelas
    Section Image
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Map

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Source: New Jersey MLS

MLS Number: 23010752

New Jersey MLS

APN: 42-02205-0000-00002

New Jersey Bergen County Oakland 07436

49 Island Terrace, Oakland, NJ

Homes for Sale in Oakland, NJ

This home is located at 49 Island Terrace, Oakland, NJ 07436 since 14 April 2023 and is currently estimated at $309,354, approximately $572 per square foot. This property was built in 1925. 49 Island Terrace is a home located in Bergen County with nearby schools including Dogwood Hill Elementary School, Valley Middle School, and Indian Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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