NOT LISTED FOR SALE

1 Park Place Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $550,000 - $613,000

4 Beds
2 Baths
1,540 Sq Ft
$372/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $525,000 $341 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,413/month

14 Days on Market

About This Home

As of June 2024

This home is located at 1 Park Place, Paterson, NJ 07524 since 30 May 2024 and is currently estimated at $572,866, approximately $371 per square foot. 1 Park Place is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

Last Agent to Sell the Property

Trina Olivo

KELLER WILLIAMS TOWN LIFE Brokerage Phone: 201-489-0503 Listed on: 05/30/2024

KELLER WILLIAMS TOWN LIFE

Last Buyer's Agent

Yodelsy De La Cruz

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

2,178 Sq Ft Lot

Listing Details

  • County Name: Passaic
  • I D: 5291422
  • Attribution Contact: 201-489-0503
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X80
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jun 24, 2024
Sold by
Paterson Falls Realty Group Llc
Bought by
Saldana Aiden Ariel and Reyes Rohemil A
Seller's Agent
Trina Olivo
KELLER WILLIAMS TOWN LIFE
Buyer's Agent
Yodelsy De La Cruz
COLDWELL BANKER REALTY
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%
Views
6
Current Estimated Value
$572,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,866
Avg. Annual Appreciation
5.46%
Original Mortgage
$515,490
Outstanding Balance
$508,823
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$64,043

Purchase Details

Closed on
Nov 2, 2021
Sold by
Jcm Properties Ix Llc
Bought by
Paterson Falls Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,942,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2017
Sold by
Jcm Investors 1012 Llc
Bought by
Jcm Properties Ix Llc

Purchase Details

Listed on
May 4, 2016
Closed on
Nov 22, 2016
Sold by
Fannie Mae
Bought by
Jcm Investors 1012 Llc
Seller's Agent
David Quinones
COLDWELL BANKER GARDEN STATE
Buyer's Agent
TOM PHILLIPS
WEICHERT REALTORS
List Price
$104,000
Sold Price
$47,000
Premium/Discount to List
-$57,000
-54.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.15%

Purchase Details

Closed on
Jul 21, 2015
Sold by
Laluz Jose D and Laluz Juventin La
Bought by
Federals National Mortgage Assn

Purchase Details

Closed on
May 31, 2006
Sold by
Arroyo Santos
Bought by
Laluz Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 11, 1998
Sold by
Nieves Alexis and Rivera Lydia
Bought by
Nieves Alexis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Saldana Aiden Ariel $525,000 Evident Title Agency
Saldana Aiden Ariel $525,000 Evident Title Agency
Paterson Falls Realty Group Llc -- New Title Company Name
Paterson Falls Realty Grp Llc -- New Title Company Name
Jcm Properties Ix Llc -- None Available
Jcm Investors 1012 Llc -- Rms Title Services Llc
Federals National Mortgage Assn -- None Available
Laluz Jose $230,000 --
Nieves Alexis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saldana Aiden Ariel $515,490
Closed Saldana Aiden Ariel $515,490
Previous Owner Paterson Falls Realty Grp Llc $1,942,000
Previous Owner Laluz Jose $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $525,000 +5.0% $341 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $500,000 +963.8% $325 / Sq Ft
11/28/2016 11/28/16 Sold $47,000 -54.8% $31 / Sq Ft View Prior Sale
10/17/2016 10/17/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $104,000 -- $68 / Sq Ft
Source: Garden State MLS

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
2025 $5,635 $110,600 $21,500 $89,100
2024 $5,423 $110,600 $21,500 $89,100
Source: Public Records

Agents Affiliated with this Home

  • Trina Olivo

    Seller's Agent in 2024

    Trina Olivo

    KELLER WILLIAMS TOWN LIFE

    (201) 723-3926

    1 in this area

    56 Total Sales

    Trina Olivo
    Section Image

  • Y

    Buyer's Agent in 2024

    Yodelsy De La Cruz

    COLDWELL BANKER REALTY

    (201) 660-4227

    3 in this area

    8 Total Sales

    Yodelsy De La Cruz
    Section Image
  • David Quinones

    Seller's Agent in 2016

    David Quinones

    COLDWELL BANKER GARDEN STATE

    (201) 773-9109

    1 in this area

    42 Total Sales

    David Quinones
    Section Image

  • T

    Buyer's Agent in 2016

    TOM PHILLIPS

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3905085

Garden State MLS

APN: 08-02915-0000-00001

New Jersey Passaic County Paterson 07524 Riverside

1 Park Place, Paterson, NJ

Not Listed for Sale

MultiFamily

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