Listed by: James Arakelian, [email protected], RE/MAX Real Estate Limited, (201) 599-1100, Listing Courtesy of NJMLS
$349,000
●
Co-op -
Off Market
189 Forest Avenue #109
Paramus, NJ 07652
2 Beds
2 Baths
$2,626
Est. Monthly
$912
HOA / Fees
5.46%
Cap Rate
About This Property
A very rare find in the center of Bergen County. Welcome to
your move-in ready two-bedroom age restricted (65+) co-op nestled
in the heart of Bergen County, New Jersey. With two pristine
bedrooms, including a primary suite with a primary bathroom and
laundry area, and a secondary bedroom, the unit offers convenience
and comfort are at your fingertips. The open-concept living space
boasts ample room for relaxation and dining. Enjoy the luxury of
covered parking area ensuring your vehicle stays protected
year-round. Don't miss the opportunity to make this beautiful co-op
your new home sweet home.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$912
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (NJMLS #24009749)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by RE/MAX Real Estate Limited | $349,000 | |
| Listed by RE/MAX Real Estate Limited | |||
Property Highlights
Garage
Parking Details
Attached, Guest Parking, Pkg Space In, Deeded Parking Space Included
Interior Details
Bedrooms: 2
Bathrooms: 2
None
Exterior Details
View: None
Year Built: 2000's
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/03/2025
|
1 Bed
|
1 Bath
|
-
|
$285,000
1 Bed
1 Bath
|
$285,000
01/03/2025
|
Linda Amabile
RE/MAX Signature Homes
| |
|
07/08/2024
|
2 Bed
|
2 Bath
|
-
|
$369,000
2 Bed
2 Bath
|
$374,000
+1.36%
10/28/2024
|
Erin Pruitt
Compass New Jersey, LLC
| |
|
04/03/2024
|
2 Bed
|
2 Bath
|
-
|
$349,000
2 Bed
2 Bath
|
$349,000
06/21/2024
|
James Arakelian
RE/MAX Real Estate Limited
| |
|
04/01/2024
|
1 Bed
|
1 Bath
|
-
|
$265,000
1 Bed
1 Bath
|
$275,000
+3.77%
06/28/2024
|
Linda Amabile
RE/MAX Signature Homes
| |
|
04/11/2023
|
2 Bed
|
2 Bath
|
-
|
$349,900
2 Bed
2 Bath
|
$332,000
-5.12%
01/04/2024
|
Linda Amabile
RE/MAX Signature Homes
| |
|
04/05/2023
|
1 Bed
|
1 Bath
|
-
|
$280,000
1 Bed
1 Bath
|
$230,000
-17.86%
09/27/2023
|
Linda Amabile
RE/MAX Signature Homes
| |
|
11/20/2022
|
2 Bed
|
1 Bath
|
-
|
$329,900
2 Bed
1 Bath
|
$320,000
-3.00%
10/27/2023
|
Brenda Richards
Howard Hanna Rand Realty, Old Tappan
| |
|
08/22/2022
|
1 Bed
|
1 Bath
|
769 ft²
|
$260,000
1 Bed
1 Bath
769 ft²
|
-
-
|
Linda Amabile
RE/MAX Signature Homes
| |
|
05/16/2022
|
2 Bed
|
1 Bath
|
1130 ft²
|
$339,900
2 Bed
1 Bath
1130 ft²
|
-
-
|
Linda Amabile
RE/MAX Signature Homes
| |
|
04/11/2022
|
Loft
|
2 Bath
|
1042 ft²
|
$321,000
Loft
2 Bath
1042 ft²
|
-
-
|
Donna Nicolich
Keller Williams Valley Realty
| |
|
02/08/2022
|
Loft
|
2 Bath
|
1042 ft²
|
$329,000
Loft
2 Bath
1042 ft²
|
-
-
|
Olinda Sturm
Keller Williams Valley Realty
| |
|
11/30/-0001
|
2 Bed
|
2 Bath
|
-
|
$335,000
2 Bed
2 Bath
|
$327,500
-2.24%
12/21/2022
|
KELLY LACAST
COLDWELL BANKER REALTY
|
Building Info
About Paramus
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Listed by: James Arakelian
RE/MAX Real Estate Limited
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24009749
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 RHP Realty NJ, Inc. 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.
RE/MAX Real Estate Limited
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24009749
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