NOT LISTED FOR SALE

116 Wayne Ave Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $549,787 - $613,000

Studio
-- Bath
1,818 Sq Ft
$316/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $225,000 $124 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $3,863/month

166 Days on Market

About This Home

As of December 2018

This home is located at 116 Wayne Ave, Paterson, NJ 07502 since 04 April 2018 and is currently estimated at $574,697, approximately $316 per square foot. 116 Wayne Ave 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. 5.

Last Agent to Sell the Property

ROSELYS RAMIREZ

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 04/04/2018

Last Buyer's Agent

ROSELYS RAMIREZ

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 04/04/2018

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 4791121
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X101
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2018
Closed on
Dec 20, 2018
Sold by
Ahmed Mdf and Akter Parvin
Bought by
Alom Saiful
Seller's Agent
ROSELYS RAMIREZ
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
ROSELYS RAMIREZ
NICHOLAS REAL ESTATE AGENCY
List Price
$269,000
Sold Price
$225,000
Premium/Discount to List
-$44,000
-16.36%
Current Estimated Value
$574,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,697
Avg. Annual Appreciation
14.25%
Original Mortgage
$180,000
Outstanding Balance
$158,584
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$416,113

Purchase Details

Closed on
Jun 30, 2011
Sold by
Trommelen Maryann and Katzianer John
Bought by
Ahmed Mdf and Akter Parvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,064
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 2003
Sold by
Losier Theresa
Bought by
Trommelen Maryann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alom Saiful $225,000 Simplicity Title Llc
Ahmed Mdf $135,500 --
Trommelen Maryann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alom Saiful $180,000
Previous Owner Ahmed Mdf $132,064
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $225,000 -16.4% $124 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $269,000 -- $148 / 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 $10,333 $202,800 $42,300 $160,500
2024 $9,943 $202,800 $42,300 $160,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    ROSELYS RAMIREZ

    NICHOLAS REAL ESTATE AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3458478

Garden State MLS

APN: 08-00922-0000-00022

New Jersey Passaic County Paterson 07502 Totowa Section

116 Wayne Ave, Paterson, NJ

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes