NOT LISTED FOR SALE

Estimated Value: $322,000 - $745,000

7 Beds
3 Baths
-- Sq Ft
2,901 Sq Ft Lot

Last Sold February 23, 2024

Last sale price $500,000

Est. 16% increase in value since last sale

Current estimated payment $3,947/month

21 Days on Market

About This Home

As of February 2024

OFFERS DUE on WED. 12/6 by 12:00 PM.Property will be conveyed w/tenants, however notice can be given to tenants once buyer obtains loan commitment. Leases are month to month. Welcome to 121 Graham Ave in Paterson, an amazing opportunity to own a large, well-maintained 2-family home. Step inside the home's first-floor unit, which offers a living room, dining room, 2 bedrooms, 1 bathroom, and kitchen. The second unit offers 2 full floors of living space featuring a living room, dining room, 5 bedrooms, 2 bathrooms, a kitchen, and a nice porch for extra entertaining space. Both units feature beautiful Hardwood floors throughout main living areas. Recent updates have been made to both kitchens and front landscaping. Seller has removed UST (May '22), repaired the roof (May '22) and installed 2 new boilers (Nov '23). House sits on a nice fenced-in lot. Both units have steady paying tenants on month to month leases. Rents are currently below market.

Last Agent to Sell the Property

Kelly Arthur

EXP Realty, LLC Listed on: 11/27/2023

EXP Realty, LLC

Last Buyer's Agent

Anibal Mosquera

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,580

Lot Details

  • 2,901 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00059 / 03202

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,580

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (866) 201-6210
  • MLS Status: Sold - Sold
  • Directions: Montgomery St to Graham Ave also known as Rosa Parks Blvd. Across from Vera Ames Park
  • Architectural Style: 2 Family
  • Year Built Details: 1950's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Remarks: Unfinished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2901.0

Tax Info

  • Tax Annual Amount: 8580.0
  • Tax Block: 03202
  • Tax Lot: 00059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2020
Sold by
Morris Michael
Bought by
Morris Michael and Morris Traci L
Current Estimated Value
$580,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.1%
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
Morris Michael -- None Available
Morris Michael -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Cirilo $500,000
Previous Owner Morris Michael $215,000
Previous Owner Morris Michael $136,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $500,000 +11.1% --
12/18/2023 12/18/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $450,000 -- --
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 $9,399 $191,700 $21,200 $170,500
2022 $8,899 $191,700 $21,200 $170,500
2021 $8,580 $191,700 $21,200 $170,500
2020 $8,003 $191,700 $21,200 $170,500
2019 $7,755 $187,600 $21,000 $166,600
2018 $7,994 $184,800 $20,900 $163,900
2017 $8,174 $196,500 $20,800 $175,700
2016 $9,008 $207,600 $21,900 $185,700
2015 $8,528 $207,600 $21,900 $185,700
2014 $10,156 $350,200 $148,900 $201,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23035918

New Jersey MLS

APN: 08-03202-0000-00059