NOT LISTED FOR SALE

111 Fair St Paterson, NJ 07501

Downtown Paterson Neighborhood

Estimated Value: $430,000 - $541,000

-- Bed
-- Bath
2,018 Sq Ft
$250/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $109,000 $54 Per Sq Ft

Est. 364% increase in value since last sale

Current estimated payment $3,515/month

3 Days on Market

About This Home

As of December 2018

This home is located at 111 Fair St, Paterson, NJ 07501 since 01 June 2018 and is currently estimated at $505,417, approximately $250 per square foot. 111 Fair St 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.

Last Agent to Sell the Property

Mike Bocu

ALL COUNTY REAL ESTATE LLC Brokerage Phone: 973-916-9900 Listed on: 06/01/2018

Last Buyer's Agent

Mike Bocu

ALL COUNTY REAL ESTATE LLC Brokerage Phone: 973-916-9900 Listed on: 06/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,380

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,380

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 111
  • I D: 4809484
  • Modified: 2019-12-15
  • Number Images: 1
  • Attribution Contact: 973-916-9900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 23X100
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Dec 14, 2018
Sold by
Boone Dana S
Bought by
Govpat Llc
Seller's Agent
Mike Bocu
ALL COUNTY REAL ESTATE LLC
Buyer's Agent
Mike Bocu
ALL COUNTY REAL ESTATE LLC
List Price
$105,000
Sold Price
$109,000
Premium/Discount to List
$4,000
3.81%
Current Estimated Value
$505,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,417
Avg. Annual Appreciation
24.33%
Original Mortgage
$124,100
Interest Rate
6.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2014
Sold by
919 E 24Th Llc
Bought by
Boone Dana S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,147
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2009
Sold by
Jpmorgan Chase Bank Na
Bought by
919 E 24Th Llc

Purchase Details

Closed on
May 4, 2009
Sold by
Passaic County Sheriff and Nunez Anna
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Apr 18, 2007
Sold by
Colon Nylsa
Bought by
Nunez Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
8.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 13, 2006
Sold by
Ciaravino John
Bought by
Colon Nylsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2005
Sold by
Jones Marcus
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
$225,250
Interest Rate
9.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Govpat Llc $109,000 Evident Title Agency Inc
Boone Dana S $262,000 Residential Commercial Title
919 E 24Th Llc $37,000 --
Jpmorgan Chase Bank Na $408,087 --
Nunez Anna $370,000 --
Colon Nylsa $310,000 --
Ciaravino John $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Govpat Llc $124,100
Previous Owner Boone Dana S $257,147
Previous Owner Nunez Anna $370,000
Previous Owner Colon Nylsa $248,000
Previous Owner Ciaravino John $225,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $109,000 +3.8% $54 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $105,000 -- $52 / Sq Ft
Source: Garden State 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
2025 $9,380 $184,100 $16,700 $167,400
2024 $9,026 $184,100 $16,700 $167,400
2022 $8,546 $184,100 $16,700 $167,400
2021 $8,240 $184,100 $16,700 $167,400
2020 $7,686 $184,100 $16,700 $167,400
2019 $7,437 $179,900 $16,400 $163,500
2018 $7,666 $177,200 $16,300 $160,900
2017 $7,317 $175,900 $16,300 $159,600
2016 $8,062 $185,800 $17,100 $168,700
2015 $7,633 $185,800 $17,100 $168,700
2014 $6,995 $241,200 $120,600 $120,600
Source: Public Records

Agents Affiliated with this Home

  • Mike Bocu

    Seller's Agent in 2018

    Mike Bocu

    ALL COUNTY REAL ESTATE LLC

    (973) 723-4940

    8 Total Sales

    Mike Bocu
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3475639

Garden State MLS

APN: 08-03615-0000-00014

New Jersey Passaic County Paterson 07501 Downtown Paterson

111 Fair St, Paterson, NJ

This home is located at 111 Fair St, Paterson, NJ 07501 since 01 June 2018 and is currently estimated at $505,417, approximately $250 per square foot. 111 Fair St 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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