NOT LISTED FOR SALE

116 Buffalo Ave Unit 118 Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $462,000 - $573,000

3 Beds
2 Baths
1,413 Sq Ft
$375/Sq Ft Est. Value

Last Sold March 13, 2018

Last sale price $108,000 $76 Per Sq Ft

Est. 391% increase in value since last sale

Current estimated payment $3,668/month

165 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of March 2018

Needs complete rehab. Third party approval required. All showings have been temporarily suspended until further notice

Last Agent to Sell the Property

Omer Angun

REALTY EMPIRE, LLC Listed on: 07/28/2017

Last Buyer's Agent

Chris Varela

REALTY EMPIRE, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Utilities

  • Radiant Heating System
  • Standard Electricity

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 2508-07010-0000-00026-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 116-118
  • Directions: Getty Ave to Buffalo Ave going up towards Main Ave
  • I D: 4734946
  • Modified: 2021-09-23
  • Number Images: 1
  • First Name: OMER
  • First Name3: CHRISTOPHER
  • Last Name: ANGUN
  • Last Name3: VARELA
  • Office Phone: 973-510-2260 x 103
  • Office Phone3: 973-510-2260
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven-Gas
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Phone: 973-510-2260

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiant - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 37X130
  • Assessed Improvement Value: 104500
  • Assessed Land Value: 60700
  • Assessment: 165200
  • Easement: Unknown
  • Lot Identifier: 26
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7562
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-07010-0000-00026-0000-
  • Tax Rate Amount: 4.339
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2018
Sold by
116 Buffalo Llc
Bought by
110 Buffalo Ave
Current Estimated Value
$529,909

Purchase Details

Listed on
Jul 28, 2017
Closed on
Feb 26, 2018
Sold by
Amato John B
Bought by
116 Buffalo Llc
Seller's Agent
Omer Angun
REALTY EMPIRE, LLC
Buyer's Agent
Chris Varela
REALTY EMPIRE, LLC
List Price
$99,900
Sold Price
$108,000
Premium/Discount to List
$8,100
8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.30%
Original Mortgage
$1,100
Interest Rate
4.15%
Mortgage Type
Unknown

Purchase Details

Closed on
May 31, 1985
Bought by
Amato John B
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
110 Buffalo Ave $210,000 Providence Abstract Llc
116 Buffalo Llc $108,300 Providence Abstract Llc
Amato John B $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 116 Buffalo Llc $1,100
Previous Owner Amato John B $0
Previous Owner Amato John B $270,000
Previous Owner Amato John B $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2018 03/13/18 Sold $108,000 +8.1% $76 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
07/28/2017 07/28/17 For Sale $99,900 -- $71 / 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
2024 $9,370 $191,100 $62,700 $128,400
2022 $8,871 $191,100 $62,700 $128,400
2021 $8,554 $191,100 $62,700 $128,400
2020 $7,978 $191,100 $62,700 $128,400
2019 $7,731 $187,000 $61,500 $125,500
2018 $7,194 $166,300 $61,000 $105,300
2017 $6,872 $165,200 $60,700 $104,500
2016 $7,563 $174,300 $63,900 $110,400
2015 $7,160 $174,300 $63,900 $110,400
2014 $6,455 $222,600 $135,800 $86,800
Source: Public Records

Agents Affiliated with this Home

  • Omer Angun

    Seller's Agent in 2018

    Omer Angun

    REALTY EMPIRE, LLC

    (973) 610-5007

    2 Total Sales

    Section Image
  • Chris Varela

    Buyer's Agent in 2018

    Chris Varela

    REALTY EMPIRE, LLC

    (973) 510-2260

    1 in this area

    29 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3407353

Garden State MLS

APN: 08-07010-0000-00026

New Jersey Passaic County Paterson 07503 South Paterson

116 Buffalo Ave Unit 118, Paterson, NJ

This home is located at 116 Buffalo Ave Unit 118, Paterson, NJ 07503 since 28 July 2017 and is currently estimated at $529,909, approximately $375 per square foot. This property was built in 1930. 116 Buffalo Ave Unit 118 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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