NOT LISTED FOR SALE

1049 Madison Ave Unit 1051 Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $471,000 - $693,000

7 Beds
4 Baths
2,540 Sq Ft
$224/Sq Ft Est. Value

About This Home

This home is located at 1049 Madison Ave Unit 1051, Paterson, NJ 07501 and is currently estimated at $569,258, approximately $224 per square foot. 1049 Madison Ave Unit 1051 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
Nov 5, 2020
Sold by
Cortavarria Jose L and Deras Jose A
Bought by
Cortavarria Jose L
Current Estimated Value
$569,258

Purchase Details

Closed on
Aug 28, 2017
Sold by
1049 Madison Holdings Llc
Bought by
Cortavarria Jose L and Deras Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2013
Sold by
Polymathic Properties Inc
Bought by
1049 Madison Holdings Llc

Purchase Details

Closed on
Dec 20, 2012
Sold by
Bank Of New York Mellon
Bought by
Polymathic Properties Inc

Purchase Details

Closed on
Dec 7, 2009
Sold by
Passaic County Sheriff
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Mar 4, 2005
Sold by
Rodriguez Mario
Bought by
Tavarez Nori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2005
Sold by
Hernandez Virgilio
Bought by
Rodriguez Mario and Rodriguez Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 1998
Sold by
Plata Jesus and Plata Maritz
Bought by
Hernandez Virgilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,438
Interest Rate
6.68%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Cortavarria Jose L $130,871 Equity Settlement Svcs Inc
Cortavarria Jose L $280,000 Main Street Title & Settleme
1049 Madison Holdings Llc $125,000 None Available
Polymathic Properties Inc $67,534 None Available
The Bank Of New York Mellon $295,786 --
Tavarez Nori $350,000 --
Rodriguez Mario $178,000 --
Hernandez Virgilio $500 First American Title Ins Co
Rodriguez Mario $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortavarria Jose L $270,955
Previous Owner Cortavarria Jose L $274,928
Previous Owner Tavarez Nori $280,000
Previous Owner Tavarez Nori $70,000
Previous Owner Tavarez Nori $280,000
Previous Owner Rodriguez Mario $35,135
Previous Owner Rodriguez Mario $174,438
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 $10,088 $198,000 $20,500 $177,500
2024 $9,708 $198,000 $20,500 $177,500
2022 $9,191 $198,000 $20,500 $177,500
2021 $8,862 $198,000 $20,500 $177,500
2020 $8,267 $198,000 $20,500 $177,500
2019 $8,008 $193,700 $20,300 $173,400
2018 $9,314 $215,300 $20,200 $195,100
2017 $6,939 $166,800 $20,100 $146,700
2016 $7,650 $176,300 $21,200 $155,100
2015 $7,242 $176,300 $21,200 $155,100
2014 $8,216 $283,300 $124,600 $158,700
Source: Public Records

Map

New Jersey Passaic County Paterson 07501 Eastside

1049 Madison Ave Unit 1051, Paterson, NJ

This home is located at 1049 Madison Ave Unit 1051, Paterson, NJ 07501 and is currently estimated at $569,258, approximately $224 per square foot. 1049 Madison Ave Unit 1051 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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