$525,000
SOLD JUL 6, 2022

111 12th Ave Paterson, NJ 07501

Eastside Neighborhood
-- Bed
-- Bath
2,940 Sq Ft
3,851 Sq Ft Lot

Recently Sold

$179 Per Sq Ft

172 Days on Market

About This Home

As of July 2022

Gross Monthly Income $5,240, Low Taxes, Good rents & Tenants pay Utilities except for water! State Registered, Legal 3 Family in Good Condition with Updated Kitchen's & Baths & Tiled! First and second floor features Living room, Large eat in kitchen, 4 bedrooms and a bath. Third floor features Living room, Large eat in kitchen, 3 bedrooms and a bath. Square feet information from tax records. Showings begin 1/15.

Last Listed By

Felix Nazario

REALTY MARK CENTRAL Listed on: 01/15/2022

REALTY MARK CENTRAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,690

Year Built

  • Built in 1950

Lot Details

  • 3,851 Sq Ft Lot
  • Lot Dimensions are 154.00 x 25.00
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,940 Sq Ft Home
  • 3-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • No Cooling
  • Hot Water Baseboard Heater
  • Gas Water Heater

Community Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water), unit 3 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,690

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0884
  • Lot Size: 154.00 x 25.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1950
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water), Unit 3 Owner Pays(Water)
  • Has Basement: Full, Exterior Entry
  • Interior Amenities: Unit 1(4 Bedrooms), Unit 2(4 Bedrooms), Unit 3(3 Bedrooms)
  • Living Area: 2940
  • Stories: 3

Exterior Features

  • Lot Features: Level
  • Roof: Asphalt

Garage/Parking

  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 3851

Tax Info

  • Tax Annual Amount: 9690
  • Tax Year: 2020

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2022
Closed on
Jun 8, 2022
Sold by
Gomez Luis R
Bought by
Harris Anthony
Seller's Agent
Felix Nazario
REALTY MARK CENTRAL
List Price
$525,000
Sold Price
$525,000
Total Days on Market
172
Current Estimated Value
$661,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,035
Avg. Annual Appreciation
8.27%
Original Mortgage
$515,490
Outstanding Balance
$493,790
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$167,245

Purchase Details

Closed on
Feb 1, 2019
Sold by
Gomez Luis R and Lopez Elka Y
Bought by
Gomez Luis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,300
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2014
Sold by
111 12 Ave Llc
Bought by
Gomez Luis R and Lopez Elka Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2009
Sold by
Colella Sonny and Dilisio Filippo
Bought by
One 11 12Th Ave Llc

Purchase Details

Closed on
Aug 17, 2009
Sold by
Passaic County Sheriff
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 31, 2007
Sold by
Hurtado Amanda
Bought by
Martinez Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2007
Sold by
Bordamonte Dino
Bought by
Hurtado Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2006
Sold by
Ciaravio John
Bought by
Bordamonte Dino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
9.02%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 28, 2004
Sold by
Bell Ora
Bought by
Ciaravino John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.16%

Purchase Details

Closed on
Jan 17, 2002
Sold by
Angella Surran Llc
Bought by
Bell Orajane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7.04%

Purchase Details

Closed on
Nov 16, 2001
Sold by
Johnston Edward
Bought by
Angella Surran Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,200
Interest Rate
6.61%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Bargain Sale Deed $525,000 Montalvo Felix Lopez
Interfamily Deed Transfer -- Security Ttl Guarantee Corp
Deed $220,000 The Security Title Guarantee
Deed -- --
Deed $35,000 --
Sheriffs Deed $441,995 --
Deed $420,000 --
Deed $420,000 --
Deed $360,000 --
Deed $250,000 --
Deed $135,000 --
Deed $57,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $20,078 FHA
Closed $21,816 FHA
Open $35,783 New Conventional
Open $515,490 FHA
Previous Owner $270,000 New Conventional
Previous Owner $212,500 New Conventional
Previous Owner $200,300 New Conventional
Previous Owner $165,000 New Conventional
Previous Owner $399,000 New Conventional
Previous Owner $420,000 New Conventional
Previous Owner $324,000 Adjustable Rate Mortgage/ARM
Previous Owner $187,500 No Value Available
Previous Owner $121,500 No Value Available
Previous Owner $68,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $525,000 0.0% $179 / Sq Ft
05/28/2022 05/28/22 Off Market $525,000 -- --
01/15/2022 01/15/22 For Sale $525,000 +133.3% $179 / Sq Ft
10/25/2014 10/25/14 Sold $225,000 -- $109 / Sq Ft
Source: All 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 $11,380 $232,100 $28,300 $203,800
2022 $10,389 $232,100 $28,300 $203,800
2021 $10,389 $232,100 $28,300 $203,800
2020 $9,690 $232,100 $28,300 $203,800
2019 $9,388 $227,100 $28,000 $199,100
2018 $8,773 $202,800 $27,900 $174,900
2017 $8,374 $201,300 $27,800 $173,500
2016 $9,229 $212,700 $29,300 $183,400
2015 $8,738 $212,700 $29,300 $183,400
2014 $8,143 $280,800 $120,200 $160,600
Source: Public Records

Agents Affiliated with this Home

  • Felix Nazario

    Seller's Agent in 2022

    Felix Nazario

    REALTY MARK CENTRAL

    (908) 216-6399

    1 in this area

    27 Total Sales

    Felix Nazario
    Section Image
  • Joe Mastropole

    Seller's Agent in 2014

    Joe Mastropole

    WAYNE HILLS REALTY

    (973) 907-0227

    3 in this area

    18 Total Sales

    Joe Mastropole
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2208355R

All Jersey MLS

APN: 08-03501-0000-00032

New Jersey Passaic County Paterson 07501 Eastside

111 12th Ave, Paterson, NJ

This home is located at 111 12th Ave, Paterson, NJ 07501 and is currently priced at $525,000, approximately $178 per square foot. This property was built in 1950. 111 12th Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

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