NOT LISTED FOR SALE

116 12th Ave Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $410,777 - $692,000

Studio
-- Bath
1,965 Sq Ft
$302/Sq Ft Est. Value

Sale Details

Date Sold: August 3, 2017

Last sale price $64,900 $33 Per Sq Ft

Est. 814% increase in value since last sale

Current estimated payment $3,526 / mo

43 Days on Market

About This Home

As of August 2017

This home is located at 116 12th Ave, Paterson, NJ 07501 since 30 May 2017 and is currently estimated at $592,944, approximately $301 per square foot. 116 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.

Last Agent to Sell the Property

Adeel Salam

FOUR POINT REALTY, LLC Brokerage Phone: 732-326-9030 Listed on: 05/30/2017

Last Buyer's Agent

Trina Olivo

KELLER WILLIAMS TOWN LIFE

KELLER WILLIAMS TOWN LIFE

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

2,614 Sq Ft Lot

Listing Details

  • County Name: Passaic
  • I D: 4718550
  • Attribution Contact: 732-326-9030
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Jcm Properties Xvi Llc
Bought by
Cmf Watson Group 43 Cv22 Llc
Current Estimated Value
$592,944

Purchase Details

Closed on
Apr 26, 2018
Sold by
Jcm Invetrioes Llc
Bought by
Jcm Properties Xvi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,311,500
Interest Rate
4.22%
Mortgage Type
Commercial

Purchase Details

Listed on
May 30, 2017
Closed on
Jul 19, 2017
Sold by
U S Bank National Association
Bought by
Jcm Investors 1012 Llc
Seller's Agent
Adeel Salam
FOUR POINT REALTY, LLC
Buyer's Agent
Trina Olivo
KELLER WILLIAMS TOWN LIFE
List Price
$64,900
Sold Price
$64,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.92%

Purchase Details

Closed on
Mar 13, 2017
Sold by
Severe Carl
Bought by
U S Bank Ntional Association

Purchase Details

Closed on
Apr 29, 2005
Sold by
Dharamjit Darmindra
Bought by
Severe Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.81%

Purchase Details

Closed on
Jun 23, 2004
Sold by
Alba Peter
Bought by
Dharamjit Darmindra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.28%

Purchase Details

Closed on
Apr 14, 2003
Sold by
Mickens Dave
Bought by
Perez Alba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,867
Interest Rate
5.64%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 1998
Sold by
Oliver Frank
Bought by
Mickens David and Mays Sterling C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,137
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 1997
Sold by
Federal National Mortgage Association
Bought by
Oliver Frank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cmf Watson Group 43 Cv22 Llc -- None Listed On Document
Jcm Properties Xvi Llc -- Os National Llc
Jcm Investors 1012 Llc $65,900 Lega Title Trust Iv
U S Bank Ntional Association -- None Available
Severe Carl $210,000 --
Dharamjit Darmindra $176,000 --
Perez Alba $138,000 --
Mickens David $100,000 --
Oliver Frank $28,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jcm Properties Xvi Llc $8,311,500
Previous Owner Severe Carl $168,000
Previous Owner Dharamjit Darmindra $158,400
Previous Owner Perez Alba $135,867
Previous Owner Mickens David $97,137
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2017 08/03/17 Sold $64,900 0.0% $33 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $64,900 -- $33 / Sq Ft
Source: Garden State MLS

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 $4,835 $94,900 $21,900 $73,000
2024 $4,653 $94,900 $21,900 $73,000
2022 $2,289 $94,900 $21,900 $73,000
2021 $4,248 $94,900 $21,900 $73,000
2020 $3,962 $94,900 $21,900 $73,000
2019 $3,840 $92,900 $21,600 $71,300
2018 $4,019 $92,900 $21,500 $71,400
2017 $3,865 $92,900 $21,400 $71,500
2016 $4,257 $98,100 $22,500 $75,600
2015 $4,030 $98,100 $22,500 $75,600
2014 $9,370 $323,100 $134,300 $188,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Adeel Salam

    FOUR POINT REALTY, LLC

    (732) 629-0002

    36 Total Sales

    Adeel Salam
    Section Image
  • Trina Olivo

    Buyer's Agent in 2017

    Trina Olivo

    KELLER WILLIAMS TOWN LIFE

    (201) 723-3926

    13 in this area

    56 Total Sales

    Trina Olivo
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3392461

Garden State MLS

APN: 08-03515-0000-00008

New Jersey Passaic County Paterson 07501 Eastside

116 12th Ave, Paterson, NJ

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