NOT LISTED FOR SALE

116 Park Ave Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $546,000 - $590,000

-- Bed
-- Bath
2,350 Sq Ft
$240/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $18,500 $8 Per Sq Ft

Est. 2,953% increase in value since last sale

Current estimated payment $3,984/month

154 Days on Market

About This Home

As of June 2016

This home is located at 116 Park Ave, Paterson, NJ 07501 since 13 January 2016 and is currently estimated at $564,807, approximately $240 per square foot. 116 Park Ave is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.

Last Agent to Sell the Property

David Quinones

COLDWELL BANKER GARDEN STATE Brokerage Phone: 201-794-7050 Listed on: 01/13/2016

COLDWELL BANKER GARDEN STATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,939

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,939

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 116
  • I D: 4592092
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 201-794-7050
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 28X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2016
Closed on
Jun 16, 2016
Sold by
Fannie Mae
Bought by
Vasquez Tannia Marilu
Seller's Agent
David Quinones
COLDWELL BANKER GARDEN STATE
List Price
$66,900
Sold Price
$18,500
Premium/Discount to List
-$48,400
-72.35%
Current Estimated Value
$564,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,307
Avg. Annual Appreciation
44.92%

Purchase Details

Closed on
Sep 28, 2015
Sold by
Latorre Myriam and Latorre Mr
Bought by
Federal National Mortgage Association
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
Vasquez Tannia Marilu $18,500 None Available
Federal National Mortgage Association -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Latorre Myriam $100,000
Previous Owner Latorre Myriam $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2016 06/17/16 Sold $18,500 -72.3% $8 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $66,900 -- $28 / 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 $10,939 $214,700 $14,700 $200,000
2024 $10,527 $214,700 $14,700 $200,000
2022 $9,966 $214,700 $14,700 $200,000
2021 $9,610 $214,700 $14,700 $200,000
2020 $8,964 $214,700 $14,700 $200,000
2019 $8,677 $209,900 $14,500 $195,400
2018 $8,946 $206,800 $14,500 $192,300
2017 $1,552 $37,300 $14,400 $22,900
2016 $1,710 $39,400 $15,200 $24,200
2015 $1,619 $39,400 $15,200 $24,200
2014 $8,532 $294,200 $130,400 $163,800
Source: Public Records

Agents Affiliated with this Home

  • David Quinones

    Seller's Agent in 2016

    David Quinones

    COLDWELL BANKER GARDEN STATE

    (201) 773-9109

    3 in this area

    48 Total Sales

    David Quinones
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Map

Source: Garden State MLS

MLS Number: 3275336

Garden State MLS

APN: 08-04101-0000-00003

New Jersey Passaic County Paterson 07501 Eastside

116 Park Ave, Paterson, NJ

This home is located at 116 Park Ave, Paterson, NJ 07501 since 13 January 2016 and is currently estimated at $564,807, approximately $240 per square foot. 116 Park Ave is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.

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