$420,000
●
Co-op -
Off Market
189 Forest
Paramus, NJ 07652
2 Beds
2 Baths
$3,016
Est. Monthly
$929
HOA / Fees
4.44%
Cap Rate
About This Property
Welcome to Sipporta Village, a much sought after 65+ building in
the heart of Paramus. Lovely, spacious 2 bedroom, 2 bath unit with
peaceful views. The unit has an open layout with beautiful parquet
hardwood floors, tiled bathrooms, kitchen with stainless steel
appliances and pantry. New HVAC unit (1-2yr) Washer and dryer in
unit. Secure access building, full time maintenance man (M-F)
Maintenance includes heat , hot water, gas, basic cable, taxes,
indoor parking, community room, and storage bin. Daily weekday
shuttle bus to take you to Shop Rite, Stop n Shop, Bergen Town
Center Mall, Paramus Park and the Paramus Senior Center. Close to
shopping and right across from Van Saun Park. This unit has been
very well cared for, You will love living here!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$929
Year Built
2000
Payment Calculator
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Cap Rate Calculator
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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: 7 months ago (NJMLS #25029143)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Oct 1, 2025 | In contract | - | |
| In contract | |||
| Aug 19, 2025 | No longer available | - | |
| No longer available | |||
| Aug 15, 2025 | Listed by RE/MAX Signature Homes | $425,000 | |
| Listed by RE/MAX Signature Homes | |||
Property Highlights
Elevator
Doorman
Air Conditioning
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Elevator
Appliances: Dishwasher, Refrigerator, Washer/Dryer, Ov/Rg/Gas
Flooring Type: Hardwood
Laundry Features: In Unit
Basement: None
Exterior Details
Security Features: 24 Hour Security
Architectural Style: Midrise
Year Built: 2000
Waterfront Features: None
Patio and Porch Features: Terrace
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Hot Air
Location Details
HOA/Condo/Coop Fee Includes: Gas, Water, Common Area, Community Rm, Heat, Hot Water, Taxes
HOA/Condo/Coop Amenities: Elevator(s), 24hr Sec, Common Area, F/T Handyman, Recycling
HOA Fee: $929
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
08/15/2025
| |
2 Bed
|
2 Bath
|
-
|
$425,000
2 Bed
2 Bath
|
$420,000
-1.18%
03/23/2026
|
Linda Amabile
RE/MAX Signature Homes
|
Building Info
About Paramus
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Listed by: Linda Amabile
RE/MAX Signature Homes
Last Updated: 7 months ago
Data Source: NJMLS , 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 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 Signature Homes
Last Updated: 7 months ago
Data Source: NJMLS , MLS#
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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