The home itself
57 Memorial Place is a renovated single family home with four bedrooms, three full bathrooms, and about 4,016 square feet across four finished levels. It was built in 1950 and sits on a 5,876 square foot lot on a residential block between two dead-end streets in Elmwood Park.
The updates are recent and documented in the listing. The kitchen was completed in 2026 with Forno stainless steel appliances and Taj Mahal quartzite countertops. The basement was finished in 2026 with LVT flooring, recessed lighting, and a new LG washer and dryer. There is a four-season sunroom measuring 23 by 11 feet, a finished third-floor attic used as flexible space, and an in-ground saltwater pool in a fenced backyard. The second level holds four bedrooms, including a primary suite with two walk-in closets. The home has central air, gas heat, and three off-street parking spaces.
The 2025 annual property tax was $10,161. The home last sold in August 2024, and the current asking price reflects the renovation work completed across 2025 and 2026. Those are the owner's figures. Verify them against your own inspection and the municipal records before you rely on any of them.
Where Elmwood Park sits
Elmwood Park is a Bergen County borough in the 07407 zip code, bordered by the Passaic River and close to several major commuter routes. Route 4, Route 46, Interstate 80, and the Garden State Parkway are all within a short drive, which puts the George Washington Bridge and the Lincoln Tunnel within reach for a New York City commute. The listing carries a Walk Score of 73, which the scoring service rates as very walkable, along with bus service through the area.
Elmwood Park is not one of the towns I cover with a dedicated neighborhood guide, but it sits in the same Bergen County market I have worked in since 1993. If you are weighing it against nearby towns like Fair Lawn, Garfield, or Saddle Brook, that is a comparison worth running before you commit.
What buying for sale by owner actually changes
In a for-sale-by-owner sale, there is no listing agent, which means there is no licensed professional on the seller side and, unless you bring your own, none on yours either. That is the single most important thing to understand before you walk through the door on Saturday.
In this case, the owner holds a New Jersey real estate license and is selling the home as is. A licensed owner knows the paperwork, which is a point in the seller's favor, not the buyer's. As is means the seller is not agreeing to make repairs. It does not remove your right to inspect, and it does not waive the seller's legal duty to disclose known material defects. You still inspect, you still negotiate, you simply negotiate on price or credits instead of on a repair list.
Here is what does not disappear in a FSBO: attorney review, the home inspection, the mortgage appraisal, title work, and the New Jersey contract timeline. All of it still happens. The only thing missing is someone whose job is to protect the buyer. If you want that, you bring a buyer's agent, and in most cases the arrangement can be structured so it does not cost you out of pocket. That is a conversation to have before you make an offer, not after.
How I can help on this one
You can tour the home at the open house this weekend without any agent involved. If you decide you want to make an offer, or you just want a second set of eyes before you do, that is where a buyer's agent earns the fee. I can review the contract terms with your attorney, order and attend the inspection, pull comparable sales so you know whether $969,000 is the right number, and handle the back and forth so you are not negotiating directly against a licensed seller on your own.
You can start a search and see what else is active in this price range on the home search, and you can read how I work with buyers on my home purchasing services page. When you are ready to talk it through, book a time and we will look at the numbers together.
The Three Pillars Behind Every Good Decision
Whether you are touring this home or comparing it against three others, a smart purchase sits at the intersection of timing, cash flow, and lifestyle fit.
Timing & Strategy
Knowing whether to move now or keep looking is a timing question first. Start with the assessment at quiz.sellecksellsnj.com.
Financing & Cash-Flow
Taxes, insurance, and carrying costs shape what you can actually afford. See the advisory approach at scott.sellecksellsnj.com.
Lifestyle & Location Fit
Commute, walkability, and neighborhood character differ block by block in Bergen County. Compare towns at communityguides.sellecksellsnj.com.
Frequently Asked Questions
When is the open house at 57 Memorial Place in Elmwood Park?
The open house is Saturday, July 25 and Sunday, July 26, 2026, from 1:00 PM to 4:00 PM, at 57 Memorial Place, Elmwood Park, NJ 07407. The home is offered for sale by owner at $969,000. Confirm details directly with the owner before you go.
Can a buyer use their own agent on a for-sale-by-owner home?
Yes. A buyer can hire their own agent to represent them even when the seller is not using one. The buyer's agent handles the offer, inspection, negotiation, and contract coordination, and in most cases the compensation can be arranged so it does not come out of the buyer's pocket. Discuss the arrangement before you make an offer.
Does an as-is sale mean you cannot inspect the home?
No. An as-is sale means the seller is not agreeing to make repairs, but the buyer keeps the right to a home inspection. You can still inspect, and if the inspection turns up problems, you negotiate on price or a credit instead of on a repair list. In New Jersey the seller must still disclose known material defects.
Is Elmwood Park a good place to buy a home in Bergen County?
Elmwood Park is a Bergen County borough with strong commuter access to Route 4, Route 46, Interstate 80, and the Garden State Parkway, which connect to the George Washington Bridge and Lincoln Tunnel for a New York City commute. Whether it is right for you depends on your budget, commute, and how it compares to nearby towns, which is worth running before you commit.
Scott Selleck is not the listing agent for 57 Memorial Place. This home is offered for sale by owner and is being shared as a courtesy and as a buyer education resource. All property details, including price, square footage, taxes, and open house times, are as represented by the owner on Zillow and should be independently verified. This article is general information, not legal or tax advice. Confirm your specific situation with a qualified New Jersey real estate attorney or accountant before making a decision.
Top 5 Sources
- Property listing and open house details, 57 Memorial Place, Elmwood Park, NJ, for sale by owner via Zillow, accessed July 24, 2026.
- Walk Score, walkability and transit ratings for 57 Memorial Place, Elmwood Park, NJ, 2026.
- New Jersey Division of Consumer Affairs, Real Estate Commission guidance on buyer representation and disclosure.
- Scott Selleck Foundation Document for voice, positioning, and advisory framing.
- Scott Selleck Link Directory for CTA structure, internal linking, and required site references.
