NOT LISTED FOR SALE

1047 Madison Ave Unit 1049 Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $479,000 - $616,000

6 Beds
4 Baths
2,047 Sq Ft
$258/Sq Ft Est. Value

About This Home

This home is located at 1047 Madison Ave Unit 1049, Paterson, NJ 07501 and is currently estimated at $528,840, approximately $258 per square foot. 1047 Madison Ave Unit 1049 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2024
Sold by
Nassiry Mohammad
Bought by
1047 Realty Llc
Current Estimated Value
$528,840

Purchase Details

Closed on
Aug 13, 2018
Sold by
Wells Kfargo Bank Na
Bought by
Nassiry Mohammad

Purchase Details

Closed on
Oct 10, 2017
Sold by
Berdnik Richard H
Bought by
Wells Fargo Bank and Carrington Mortagae Laon Trust

Purchase Details

Closed on
Jul 26, 2006
Sold by
Garay Tito
Bought by
Perdomo Ramon Gomez

Purchase Details

Closed on
Dec 9, 2004
Sold by
Pedroza Abilio
Bought by
Garay Tino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.81%

Purchase Details

Closed on
Jan 28, 1999
Sold by
Gaona Manuel and Gaona Eloina
Bought by
Matos Maximo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,166
Interest Rate
6.74%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
1047 Realty Llc -- First American Title
1047 Realty Llc -- First American Title
Nassiry Mohammad $216,500 Coastal Title Agency Inc
Wells Fargo Bank -- None Available
Perdomo Ramon Gomez $442,000 --
Garay Tino $360,000 --
Matos Maximo $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garay Tino $288,000
Previous Owner Matos Maximo $171,166
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $10,730 $210,600 $20,500 $190,100
2024 $10,326 $210,600 $20,500 $190,100
2022 $9,776 $210,600 $20,500 $190,100
2021 $9,426 $210,600 $20,500 $190,100
2020 $8,793 $210,600 $20,500 $190,100
2019 $8,516 $206,000 $20,300 $185,700
2018 $6,580 $152,100 $20,200 $131,900
2017 $6,273 $150,800 $20,100 $130,700
2016 $7,441 $171,500 $21,200 $150,300
2015 $7,045 $171,500 $21,200 $150,300
2014 $7,760 $267,600 $124,600 $143,000
Source: Public Records

Map

New Jersey Passaic County Paterson 07501 Eastside

1047 Madison Ave Unit 1049, Paterson, NJ

This home is located at 1047 Madison Ave Unit 1049, Paterson, NJ 07501 and is currently estimated at $528,840, approximately $258 per square foot. 1047 Madison Ave Unit 1049 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

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