NOT LISTED FOR SALE

114 Ellison St Paterson, NJ 07505

Downtown Paterson Neighborhood

Estimated Value: $4,576,800

-- Bed
-- Bath
9,000 Sq Ft
$509/Sq Ft Est. Value

About This Home

This home is located at 114 Ellison St, Paterson, NJ 07505 and is currently estimated at $4,576,800, approximately $508 per square foot. 114 Ellison 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 Two.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2021
Sold by
114 118 Ellison St Project Llc
Bought by
114 118 Ellison St Arb21 Llc
Current Estimated Value
$4,576,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,413,000
Outstanding Balance
$7,609,890
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
-$3,172,754

Purchase Details

Closed on
Dec 14, 2018
Sold by
136 Washington St Llc
Bought by
114-118 Ellison St Project Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,490,000
Interest Rate
4.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
114 118 Ellison St Arb21 Llc -- Property Title Group
114-118 Ellison St Project Llc $2,700,000 Amtrust Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 114 118 Ellison St Arb21 Llc $8,413,000
Closed 114-118 Ellison St Project Llc $7,350,000
Previous Owner 114 118 Ellison St Project Llc $120,000
Previous Owner 114-118 Ellison St Project Llc $2,490,000
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
2024 $61,778 $1,260,000 $467,200 $792,800
2022 $58,489 $1,260,000 $467,200 $792,800
2021 $56,398 $1,260,000 $467,200 $792,800
2020 $52,605 $1,260,000 $467,200 $792,800
2019 $52,088 $1,260,000 $467,200 $792,800
2018 $51,912 $1,200,000 $467,200 $732,800
2017 $81,270 $1,953,600 $467,200 $1,486,400
2016 $84,767 $1,953,600 $467,200 $1,486,400
2015 $80,254 $1,953,600 $467,200 $1,486,400
2014 $34,185 $1,178,800 $254,000 $924,800
Source: Public Records

Map

New Jersey Passaic County Paterson 07505 Downtown Paterson

114 Ellison St, Paterson, NJ

This home is located at 114 Ellison St, Paterson, NJ 07505 and is currently estimated at $4,576,800, approximately $508 per square foot. 114 Ellison 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 Two.

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