NOT LISTED FOR SALE

119 E 16th St Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $443,209 - $565,000

-- Bed
-- Bath
1,754 Sq Ft
$302/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $190,000 $108 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $3,557/month

15 Days on Market

About This Home

As of December 2017

This home is located at 119 E 16th St, Paterson, NJ 07524 since 31 August 2017 and is currently estimated at $529,302, approximately $301 per square foot. 119 E 16th St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

Last Agent to Sell the Property

Henry Perez

GOLD TEAM REALTY Brokerage Phone: 973-278-7880 Listed on: 08/31/2017

Last Buyer's Agent

JORGE DONADO

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,972

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,972

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 119
  • I D: 4743059
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-278-7880
  • 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

Listed on
Aug 31, 2017
Closed on
Nov 29, 2017
Sold by
Secretary Of Housing & Urban Development
Bought by
Genao Sandy
Seller's Agent
Henry Perez
GOLD TEAM REALTY
Buyer's Agent
JORGE DONADO
COLDWELL BANKER REALTY
List Price
$165,000
Sold Price
$190,000
Premium/Discount to List
$25,000
15.15%
Total Days on Market
15
Current Estimated Value
$529,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,302
Avg. Annual Appreciation
14.64%
Original Mortgage
$142,500
Outstanding Balance
$121,366
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$407,936

Purchase Details

Closed on
Aug 10, 2017
Sold by
Montalvo Alex and Caceres Angelica
Bought by
Secretary Of Hud

Purchase Details

Closed on
Aug 22, 2007
Sold by
Sierra Santos and Sierra Gustavo
Bought by
Montalvo Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,400
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 1998
Sold by
Sierra Santos and Sierra David
Bought by
Sierra Santos and Sierra Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
7.03%

Purchase Details

Closed on
Oct 23, 1997
Sold by
Sierra Santos and Sierra Martha
Bought by
Sierra Santos and Sierra Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.23%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Genao Sandy $8,190,000 Fidelity Natl Title Ins Co
Secretary Of Hud -- None Available
Montalvo Alex $380,000 --
Sierra Santos $26,000 Old Republic Title
Sierra Santos $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genao Sandy $142,500
Previous Owner Montalvo Alex $366,400
Previous Owner Sierra Santos $40,000
Previous Owner Sierra Santos $83,500
Previous Owner Sierra Santos $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $190,000 +15.2% $108 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $165,000 -- $94 / 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 $8,972 $183,000 $42,400 $140,600
2022 $8,495 $183,000 $42,400 $140,600
2021 $8,191 $183,000 $42,400 $140,600
2020 $7,640 $183,000 $42,400 $140,600
2019 $7,392 $178,800 $41,500 $137,300
2018 $7,622 $176,200 $41,100 $135,100
2017 $7,276 $174,900 $40,800 $134,100
2016 $8,005 $184,500 $42,800 $141,700
2015 $7,579 $184,500 $42,800 $141,700
2014 $11,023 $380,100 $168,200 $211,900
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    Henry Perez

    GOLD TEAM REALTY

    (973) 722-0579

    2 in this area

    32 Total Sales

    Henry Perez
    Section Image

  • J

    Buyer's Agent in 2017

    JORGE DONADO

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3414904

Garden State MLS

APN: 08-02109-0000-00007

New Jersey Passaic County Paterson 07524 Riverside

119 E 16th St, Paterson, NJ

This home is located at 119 E 16th St, Paterson, NJ 07524 since 31 August 2017 and is currently estimated at $529,302, approximately $301 per square foot. 119 E 16th St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

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