NOT LISTED FOR SALE

119 Madison Ave Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $525,000 - $622,000

Studio
-- Bath
2,092 Sq Ft
$268/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $360,000 $172 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,477/month

109 Days on Market

About This Home

As of August 2019

This home is located at 119 Madison Ave, Paterson, NJ 07524 since 28 March 2019 and is currently estimated at $560,688, approximately $268 per square foot. 119 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

Ileana Chacon

RE/MAX PROPERTIES SELECT Brokerage Phone: 201-796-9400 Listed on: 03/28/2019

RE/MAX PROPERTIES SELECT

Last Buyer's Agent

THOMAS D. ROGERS

EXIT PLATINUM REALTY

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

2,614 Sq Ft Lot

Listing Details

  • County Name: Passaic
  • I D: 4875932
  • Attribution Contact: 201-796-9400
  • 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
Mar 28, 2019
Closed on
Aug 5, 2019
Sold by
119 Madison Ave Holding Llc
Bought by
Pompey Terrance E
Seller's Agent
Ileana Chacon
RE/MAX PROPERTIES SELECT
Buyer's Agent
THOMAS D. ROGERS
EXIT PLATINUM REALTY
List Price
$379,000
Sold Price
$360,000
Premium/Discount to List
-$19,000
-5.01%
Current Estimated Value
$560,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,688
Avg. Annual Appreciation
6.93%
Original Mortgage
$357,479
Outstanding Balance
$313,086
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$247,602

Purchase Details

Listed on
May 27, 2014
Closed on
May 16, 2014
Sold by
Mejia Edgardo
Bought by
S A Belkys Homes Llc
Seller's Agent
ROBERTO GALAN
GOLD TEAM REALTY
Buyer's Agent
Henry Perez
GOLD TEAM REALTY
Sold Price
$69,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.23%

Purchase Details

Closed on
Dec 10, 2008
Sold by
Toro Miguel
Bought by
Mejia Edgardo

Purchase Details

Closed on
Sep 26, 2007
Sold by
Acosta Jorge
Bought by
Toro Miguel

Purchase Details

Closed on
Sep 15, 2006
Sold by
Oettinger Lydia Perez
Bought by
Acosta Jorge and Mejia Edgardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Pompey Terrance E $360,000 Hudson United Title Svcs Llc
S A Belkys Homes Llc $69,644 None Available
Mejia Edgardo -- --
Toro Miguel -- --
Acosta Jorge $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pompey Terrance E $357,479
Previous Owner Acosta Jorge $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2019 08/05/19 Sold $360,000 -5.0% $172 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $379,000 +444.2% $181 / Sq Ft
05/27/2014 05/27/14 Sold $69,644 -- $33 / Sq Ft View Prior Sale
Source: Garden State MLS

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 $6,725 $132,000 $36,000 $96,000
2024 $6,472 $132,000 $36,000 $96,000
Source: Public Records

Agents Affiliated with this Home

  • Ileana Chacon

    Seller's Agent in 2019

    Ileana Chacon

    RE/MAX

    (973) 583-9822

    3 in this area

    18 Total Sales

    Ileana Chacon
    Section Image

  • T

    Buyer's Agent in 2019

    THOMAS D. ROGERS

    EXIT PLATINUM REALTY

  • R

    Seller's Agent in 2014

    ROBERTO GALAN

    GOLD TEAM REALTY

  • H

    Buyer's Agent in 2014

    Henry Perez

    GOLD TEAM REALTY

    (973) 722-0579

    1 in this area

    16 Total Sales

    Henry Perez
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3542771

Garden State MLS

APN: 08-02404-0000-00005

New Jersey Passaic County Paterson 07514 Riverside

119 Madison Ave, Paterson, NJ

Not Listed for Sale

MultiFamily

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