NOT LISTED FOR SALE

1050 Main St Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $632,000

2 Beds
1 Bath
3,247 Sq Ft
$195/Sq Ft Est. Value

About This Home

This home is located at 1050 Main St, Paterson, NJ 07503 and is currently estimated at $632,000, approximately $194 per square foot. 1050 Main St 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
Apr 9, 2014
Sold by
Abredrabbo Abdallah and Abredrabbo Sharsan
Bought by
17 Michigan Realty Llc
Current Estimated Value
$632,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$923,100
Outstanding Balance
$702,521
Interest Rate
4.37%
Mortgage Type
Construction
Estimated Equity
-$70,521

Purchase Details

Closed on
Apr 29, 1997
Sold by
Connelly Edward
Bought by
Abedrabbo Sharsan and Abedrabbo Abdallah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.85%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
17 Michigan Realty Llc -- Man Street Title & Settlemen
Abedrabbo Sharsan $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 17 Michigan Realty Llc $923,100
Previous Owner Abedrabbo Sharsan $91,000
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 $11,759 $230,800 $64,100 $166,700
2024 $11,316 $230,800 $64,100 $166,700
2022 $10,714 $230,800 $64,100 $166,700
2021 $10,331 $230,800 $64,100 $166,700
2020 $9,636 $230,800 $64,100 $166,700
2019 $9,541 $230,800 $64,100 $166,700
2018 $9,509 $219,800 $64,100 $155,700
2017 $8,312 $199,800 $64,100 $135,700
2016 $8,669 $199,800 $64,100 $135,700
2015 $8,208 $199,800 $64,100 $135,700
2014 $4,176 $144,000 $144,000 $0
Source: Public Records

Map

New Jersey Passaic County Paterson 07503 South Paterson

1050 Main St, Paterson, NJ

Not Listed for Sale

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