NOT LISTED FOR SALE

1 Park Place Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $536,000 - $753,000

4 Beds
2 Baths
1,540 Sq Ft
$392/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2024

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

Est. 15% increase in value since last sale

Current estimated payment $3,724 / mo

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 $603,686, approximately $392 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jun 24, 2024
Sold by
Bought by
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
$603,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,686
Avg. Annual Appreciation
7.31%
Original Mortgage
$515,490
Outstanding Balance
$508,823
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$94,863

Purchase Details

Closed on
Nov 2, 2021
Sold by
Bought by

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
Bought by

Purchase Details

Listed on
May 4, 2016
Closed on
Nov 22, 2016
Sold by
Bought by
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
30.57%

Purchase Details

Closed on
Jul 21, 2015
Sold by
Bought by

Purchase Details

Closed on
May 31, 2006
Sold by
Bought by

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
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 Evident Title Agency
$525,000 Evident Title Agency
-- New Title Company Name
-- New Title Company Name
-- None Available
-- Rms Title Services Llc
-- None Available
$230,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $515,490
Closed $515,490
Previous Owner $1,942,000
Previous Owner $184,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2023 $5,134 $110,600 $21,500 $89,100
2022 $5,134 $110,600 $21,500 $89,100
2021 $4,950 $110,600 $21,500 $89,100
2020 $4,618 $110,600 $21,500 $89,100
2019 $4,473 $108,200 $21,200 $87,000
2018 $4,620 $106,800 $21,100 $85,700
2017 $4,410 $106,000 $21,000 $85,000
2016 $4,764 $109,800 $20,000 $89,800
2015 $4,511 $109,800 $20,000 $89,800
2014 $6,914 $238,400 $131,500 $106,900
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

    55 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

    14 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

    34 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

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