NOT LISTED FOR SALE

118 Sheridan Ave Unit 1 Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $553,000

2 Beds
1 Bath
-- Sq Ft
2,614 Sq Ft Lot

About This Home

As of September 2023

Welcome to this fully renovated 2 bed apartment, 1 bath. Landlord pays for water. Street parking. Se Habla Espanol.

Last Agent to Rent the Property

Emilio Luque

Keller Williams Village Square Realty Listed on: 08/30/2023

Keller Williams Village Square Realty

Last Renter's Agent

Emilio Luque

Keller Williams Village Square Realty Listed on: 08/30/2023

Keller Williams Village Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,228

Year Built

  • 1940

Lot Details

  • 2,614

Home Design

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Community Details

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,228

Year Built

1940

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: None
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Water
  • Reso Association Amenities: None
  • Reso Pets Allowed: No
  • Co List Office Phone: (201) 445-4300
  • MLS Status: Leased - Leased
  • Directions: Please Use GPS
  • Reso Fireplace Features: None
  • Year Built Details: 1940's
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1940

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Gas
  • Heating: Natural Gas

Lot Info

  • Lot: 00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2020
Sold by
118 Sheridan Ave Llc
Bought by
Burgess Nigel T
Current Estimated Value
$553,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Outstanding Balance
$380,260
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$172,740

Purchase Details

Closed on
Feb 22, 2018
Sold by
Hsbc Bank Usa
Bought by
118 Sheridan Ave Llc

Purchase Details

Closed on
Oct 17, 2016
Sold by
Hook David L and Hook Ruth
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 22, 2007
Sold by
Hook Marilyn and Hook David L
Bought by
Hook David L

Purchase Details

Closed on
May 31, 2005
Sold by
Hook David L
Bought by
Hook David L and Hook Marilyn

Purchase Details

Closed on
Feb 15, 2005
Sold by
Hook David L
Bought by
Hook David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 10, 1998
Sold by
Hook David L
Bought by
Hook David L

Purchase Details

Closed on
Aug 27, 1996
Sold by
Deluccia Vincent
Bought by
Hook Dave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
8.26%
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
Burgess Nigel T $430,000 Sunnyside Title
118 Sheridan Ave Llc $168,000 Premium Title Services Inc
Hsbc Bank Usa National Association -- Chicago Title Insurance Co
Hook David L -- --
Hook David L -- --
Hook David L -- --
Hook David L -- --
Hook David L -- --
Hook Dave $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Nigel T $422,211
Closed Burgess Nigel T $422,211
Previous Owner 118 Sheridan Ave Llc $301,000
Previous Owner Hook David L $315,000
Previous Owner Hook David L $165,163
Previous Owner Hook Dave $163,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Rented $1,700 0.0% --
08/30/2023 08/30/23 For Rent $1,700 -- --
Source: New Jersey 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 $10,228 $208,600 $44,400 $164,200
2022 $9,683 $208,600 $44,400 $164,200
2021 $9,337 $208,600 $44,400 $164,200
2020 $8,709 $208,600 $44,400 $164,200
2019 $8,313 $201,100 $41,100 $160,000
2018 $8,492 $196,300 $40,700 $155,600
2017 $8,266 $198,700 $40,400 $158,300
2016 $8,444 $194,600 $42,500 $152,100
2015 $7,994 $194,600 $42,500 $152,100
2014 $8,120 $280,000 $109,300 $170,700
Source: Public Records

Agents Affiliated with this Home

  • E

    Landlord's Agent in 2023

    Emilio Luque

    Keller Williams Village Square Realty

    (973) 897-6107

    4 Total Sales

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Map

Source: New Jersey MLS

MLS Number: 23026853

New Jersey MLS

APN: 08-00907-0000-00037

New Jersey Passaic County Paterson 07502 Totowa Section

118 Sheridan Ave Unit 1, Paterson, NJ

This home is located at 118 Sheridan Ave Unit 1, Paterson, NJ 07502 since 30 August 2023 and is currently priced at $553,000. This property was built in 1940. 118 Sheridan Ave Unit 1 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

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.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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