NOT LISTED FOR SALE

108 Madison St Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $442,000 - $506,148

7 Beds
2 Baths
1,848 Sq Ft
$259/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $440,000 $238 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,180/month

6 Days on Market

About This Home

As of July 2024

Renovated 2 Family house, ready to move in or add to the investor portfolio! Featuring 3 bedrooms in the first unit and 4 bedrooms in the second unit. Fenced in backyard perfect for summer days. Close to shopping and transportation. Now is your time to get a multiunit!

Last Agent to Sell the Property

Domingo Rodriguez

EXP Realty, LLC Listed on: 06/06/2024

EXP Realty, LLC

Last Buyer's Agent

Rosa Ayala

A.W. Van Winkle & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,648

Lot Details

  • 2,500 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00005 / 06111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,648

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: OAK ST TO MADISON ST
  • Architectural Style: 2 Family
  • Year Built Details: 1950's,Renovated,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Basement Remarks: UNFINISHED

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 7648.0
  • Tax Block: 06111
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jul 20, 2024
Sold by
Cmf Bergen Group 42 Cv22 Llc
Bought by
Cardona Paola and Cardona Mauricio
Seller's Agent
Domingo Rodriguez
EXP Realty, LLC
Buyer's Agent
Rosa Ayala
A.W. Van Winkle & Company
List Price
$455,000
Sold Price
$440,000
Premium/Discount to List
-$15,000
-3.3%
Views
6
Current Estimated Value
$479,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,037
Avg. Annual Appreciation
8.52%
Original Mortgage
$446,758
Outstanding Balance
$443,739
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$35,298

Purchase Details

Closed on
May 30, 2017
Sold by
Jcm Properties Fk3 Llc
Bought by
Jcm Properties X1llc

Purchase Details

Closed on
Aug 12, 2015
Sold by
Jcm Investors 1012 Llc
Bought by
Jcm Properties Fk3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,190,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2015
Sold by
S A Belkys Homes Llc
Bought by
Jcm Investors 1012 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2014
Sold by
Aguilar Ivan
Bought by
S A Belkys Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2004
Sold by
Stukes Andrew
Bought by
Aguilar Ivan

Purchase Details

Closed on
Jan 14, 1998
Sold by
Scillieri Investment Corp
Bought by
Stukes Andrew and Stukes Dorothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,950
Interest Rate
7.02%
Source: Public Records

Range of Values:

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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
Cardona Paola $455,000 Elite Title Group
Jcm Properties X1llc -- None Available
Jcm Properties Fk3 Llc -- Surety Title Co Llc
Jcm Investors 1012 Llc $80,000 Surety Title Corp
S A Belkys Homes Llc $57,000 None Available
Aguilar Ivan $176,483 --
Stukes Andrew $105,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardona Paola $446,758
Previous Owner Cmf Bergen Group 42 Cv22 Llc $150,000
Previous Owner Jcm Properties Xi Llc $1,027,000
Previous Owner Jcm Properties Xi Llc $1,352,000
Previous Owner Jcm Properties F3k Llc $195,000
Previous Owner Jcm Properties Fk3 Llc $4,190,000
Previous Owner Jcm Investors 1012 Llc $1,400,000
Previous Owner Jcm Investors 1012 Llc $136,500
Previous Owner Aguilar Ivan $120,600
Previous Owner Aguilar Ivan $207,000
Previous Owner Stukes Andrew $94,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $440,000 -3.3% $238 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $455,000 -- $246 / Sq Ft
Source: New Jersey MLS

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
2024 $7,649 $156,000 $19,700 $136,300
2023 $7,242 $156,000 $19,700 $136,300
2022 $7,237 $156,000 $19,700 $136,300
2021 $6,983 $156,000 $19,700 $136,300
2020 $6,513 $156,000 $19,700 $136,300
2019 $6,304 $152,500 $19,400 $133,100
2018 $6,502 $150,300 $19,300 $131,000
2017 $3,877 $93,200 $19,200 $74,000
2016 $4,274 $98,500 $20,300 $78,200
2015 $4,046 $98,500 $20,300 $78,200
2014 $8,410 $290,000 $114,300 $175,700
Source: Public Records

Agents Affiliated with this Home

  • Domingo Rodriguez

    Seller's Agent in 2024

    Domingo Rodriguez

    EXP Realty, LLC

    (973) 296-3776

    10 in this area

    108 Total Sales

    Section Image
  • Rosa Ayala

    Buyer's Agent in 2024

    Rosa Ayala

    A.W. Van Winkle & Company

    (973) 288-3290

    3 in this area

    41 Total Sales

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Map

Source: New Jersey MLS

MLS Number: 24018090

New Jersey MLS

APN: 08-06111-0000-00005

New Jersey Passaic County Paterson 07501 Eastside

108 Madison St, Paterson, NJ

This home is located at 108 Madison St, Paterson, NJ 07501 since 06 June 2024 and is currently estimated at $479,037, approximately $259 per square foot. 108 Madison 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.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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