NOT LISTED FOR SALE

117 Madison Ave Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $579,695 - $691,000

-- Bed
-- Bath
2,092 Sq Ft
$310/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $345,000 $165 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,740/month

69 Days on Market

About This Home

As of May 2019

This home is located at 117 Madison Ave, Paterson, NJ 07524 since 15 January 2019 and is currently estimated at $648,674, approximately $310 per square foot. 117 Madison 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

COREY J SCHNEIDER

COREY J SCHNEIDER Brokerage Phone: 973-472-3909 Listed on: 01/15/2019

Last Buyer's Agent

Domingo Rodriguez

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,407

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,407

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 117
  • I D: 4864182
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-472-3909
  • 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
Aug 11, 2021
Sold by
Malave Glendaly
Bought by
Chalas Timothy and Almanzar Dania
Current Estimated Value
$648,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 15, 2019
Closed on
May 1, 2019
Sold by
Ari Investment Group Llc
Bought by
Malave Glendaly
Seller's Agent
COREY J SCHNEIDER
COREY J SCHNEIDER
Buyer's Agent
Domingo Rodriguez
EXP REALTY, LLC
List Price
$329,900
Sold Price
$345,000
Premium/Discount to List
$15,100
4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$338,751
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2018
Sold by
Arevalo Amaya Juan and Arevalo Martina
Bought by
Ocwen Loanservicing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 16, 2008
Sold by
Amaya Juan Arevalo
Bought by
Amaya Juan Arevalo and Arevalo Martina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,818
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2007
Sold by
Castro Edinson
Bought by
Amaya Juan Arevalo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2006
Sold by
Bencosme Jose
Bought by
Castro Edinson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
8.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2000
Sold by
Mee William Russell
Bought by
Bencosme Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,714
Interest Rate
8.18%
Mortgage Type
FHA
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
Chalas Timothy $425,000 Nu World Title Llc
Malave Glendaly $345,000 Elite Title Group Llc
Ocwen Loanservicing Llc $200,000 Belmont Title & Settlements
Amaya Juan Arevalo -- --
Amaya Juan Arevalo $425,000 --
Castro Edinson $385,000 --
Bencosme Jose $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chalas Timothy $417,302
Previous Owner Malave Glendaly $338,751
Previous Owner Ari Investment Group Llc $225,000
Previous Owner Ocwen Loanservicing Llc $225,000
Previous Owner Arevalo Amaya Juan $453,197
Previous Owner Amaya Juan Arevalo $447,818
Previous Owner Amaya Juan Arevalo $340,000
Previous Owner Castro Edinson $308,000
Previous Owner Bencosme Jose $26,100
Previous Owner Bencosme Jose $159,714
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $345,000 +4.6% $165 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $329,900 -- $158 / 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 $15,407 $302,385 $29,700 $272,685
2024 $14,826 $302,385 $29,700 $272,685
2022 $14,037 $302,385 $29,700 $272,685
2021 $14,247 $318,300 $29,700 $288,600
2020 $13,289 $318,300 $29,700 $288,600
2019 $7,656 $185,200 $29,000 $156,200
2018 $7,012 $162,100 $28,800 $133,300
2017 $6,689 $160,800 $28,600 $132,200
2016 $7,359 $169,600 $29,900 $139,700
2015 $6,967 $169,600 $29,900 $139,700
2014 $10,455 $360,500 $150,500 $210,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    COREY J SCHNEIDER

    COREY J SCHNEIDER

  • Domingo Rodriguez

    Buyer's Agent in 2019

    Domingo Rodriguez

    EXP REALTY, LLC

    (973) 296-3776

    9 in this area

    107 Total Sales

    Domingo Rodriguez
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3526156

Garden State MLS

APN: 08-02404-0000-00006

New Jersey Passaic County Paterson 07514 Riverside

117 Madison Ave, Paterson, NJ

This home is located at 117 Madison Ave, Paterson, NJ 07524 since 15 January 2019 and is currently estimated at $648,674, approximately $310 per square foot. 117 Madison 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.

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