Listed by: Jeannemarie Phelan, [email protected], Weichert Realtors, Wayne, (973) 696-6660, Listing Courtesy of NJMLS
$715,000
●
House -
Off Market
514 Black Oak Ridge Road
Wayne, NJ 07470
4 Beds
4 Baths,
2
Half Baths
$710,540
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Ready to be impressed? Whether you're looking for an entertainer's
dream, or your own private oasis, you've come to the right place.
Picturesque lemonade porch, spacious driveway, and detached 2car
garage welcome you home. Before you enter, check out the backyard
with never-ending lush green grass leading to the inground pool,
perfectly nestled in the far end of your property with a pool house
retreat. The 1st floor offers a foyer with coat closet, spacious
living room with 1/2 bath, dining room leading into eat-in-kitchen
with breakfast bar completely open to the family room with
wood-burning fireplace, and two sets of sliders to the backyard
deck. Sun-drenched open landing on the 2nd floor creates privacy
and separation from the two bedrooms and common full bath on the
left, to the master suite with cathedral ceilings, his&her
closets, and full steam shower found on the right. Full finished
walk-out basement: 4th bedrm/office, temp-controlled wine cellar,
1/2 bath, &laundry.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,064
HOA Dues
-
Year Built
1955
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 4 years ago (NJMLS #23021723)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2023 | In contract | - | |
| In contract | |||
| Jul 13, 2023 | Listed by Weichert Realtors, Wayne | $635,000 | |
| Listed by Weichert Realtors, Wayne | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Passaic
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jeannemarie Phelan
Weichert Realtors, Wayne
Last Updated: 4 years ago
Data Source: NJMLS , MLS# 23021723
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.
Weichert Realtors, Wayne
Last Updated: 4 years ago
Data Source: NJMLS , MLS# 23021723
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.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017