NOT LISTED FOR SALE

120 Lyon St Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $548,000 - $574,000

6 Beds
4 Baths
1,930 Sq Ft
$291/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $520,000 $269 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,673/month

26 Days on Market

About This Home

As of May 2024

GREAT INVESTMENT or first time buyers. All separate utilities. Gas. Finished basement. 4 bathrooms. All tenants are month-to-month. LOW LOW taxes. 2nd fl combined with attic. WON'T LAST!

Last Agent to Sell the Property

Nancy Pavic

Listed on: 02/23/2024

Last Buyer's Agent

Sebastian Taco

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,104

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25 x 100

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00008 / 02919

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,104

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (973) 684-1110
  • MLS Status: Sold - Sold
  • Directions: River St to Lyon ST
  • Architectural Style: 2 Family
  • Year Built Details: 1940's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Remarks: finished / bath

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Dimensions: 25 x 100
  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 7104.0
  • Tax Block: 02919
  • Tax Lot: 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
May 14, 2024
Sold by
Rana Hinesh and Gandhi Vivek
Bought by
Lachapel Rafael Miguel Figue and Reyes Laury M
Seller's Agent
Nancy Pavic
Buyer's Agent
Sebastian Taco
List Price
$459,900
Sold Price
$520,000
Premium/Discount to List
$60,100
13.07%
Views
28
Current Estimated Value
$561,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,323
Avg. Annual Appreciation
6.21%
Original Mortgage
$510,581
Outstanding Balance
$503,889
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$57,434

Purchase Details

Listed on
Nov 5, 2020
Closed on
Feb 6, 2021
Sold by
Castro Victor
Bought by
Rana Hinesh and Gandhi Vivek
Seller's Agent
LUIS H. AGUASVIVAS
CASA REAL PROPERTIES, LLC
Buyer's Agent
Nancy Pavic
CASA REAL PROPERTY GROUP LLC
List Price
$319,900
Sold Price
$305,000
Premium/Discount to List
-$14,900
-4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.84%
Original Mortgage
$228,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1992
Bought by
Castro Victor
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
Lachapel Rafael Miguel Figue $520,000 Westcor Land Title
Rana Hinesh $305,000 Golden Title Agency Llc
Castro Victor $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lachapel Rafael Miguel Figue $510,581
Previous Owner Rana Hinesh $228,750
Previous Owner Castro Victor $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $520,000 +13.1% $269 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $459,900 +50.8% $238 / Sq Ft
02/19/2021 02/19/21 Sold $305,000 -4.7% $158 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $319,900 -- $166 / Sq Ft
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
2025 $7,383 $144,900 $24,000 $120,900
2024 $7,104 $144,900 $24,000 $120,900
2022 $6,726 $144,900 $24,000 $120,900
2021 $6,486 $144,900 $24,000 $120,900
2020 $6,050 $144,900 $24,000 $120,900
2019 $5,862 $141,800 $23,700 $118,100
2018 $6,048 $139,800 $23,600 $116,200
2017 $5,774 $138,800 $23,500 $115,300
2016 $6,261 $144,300 $22,500 $121,800
2015 $5,928 $144,300 $22,500 $121,800
2014 $10,913 $376,300 $154,300 $222,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nancy Pavic

    (973) 684-1110

    18 in this area

    220 Total Sales

    Nancy Pavic
    Section Image

  • S

    Buyer's Agent in 2024

    Sebastian Taco

    (908) 325-5300

    2 in this area

    34 Total Sales

    Sebastian Taco
    Section Image

  • L

    Seller's Agent in 2021

    LUIS H. AGUASVIVAS

    CASA REAL PROPERTIES, LLC

See All Agents

Map

Source: New Jersey MLS

MLS Number: 24005466

New Jersey MLS

APN: 08-02919-0000-00008

New Jersey Passaic County Paterson 07524 Riverside

120 Lyon St, Paterson, NJ

This home is located at 120 Lyon St, Paterson, NJ 07524 since 23 February 2024 and is currently estimated at $561,323, approximately $290 per square foot. 120 Lyon St 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.

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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