NOT LISTED FOR SALE

121 E 16th St Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $623,000 - $635,000

Studio
-- Bath
1,892 Sq Ft
$332/Sq Ft Est. Value

Last Sold July 05, 2017

Last sale price $235,000 $124 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $4,078/month

22 Days on Market

About This Home

As of July 2017

Good condition home renovated in 2021 and 2024 2-Family Gem in Paterson, NJ ? Just 25 Mins from NYC!Welcome to this beautiful 2-family home, move-in ready! Each unit offers 2 spacious bedrooms and 1 modern bathroom, featuring stylist finishes, updated kitchens, and vinyl flooring throughout.This property also includes a full finished basement for added living or storage space and a large walk-up attic with a separate entrance, perfect for future expansion, a home office, or additional storage.Conveniently located near shopping, schools, public transportation, and major highways, with an easy 25-minute commute to NYC. Whether you're looking to live in one unit and rent the other, or seeking a turnkey investment, this is a wonderful opportunity you don't want to miss!

Last Agent to Sell the Property

JUAN RIVAS

REALTY ONE GROUP LIVING Brokerage Phone: 862-257-1743 Listed on: 04/04/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Year Built: 1930
  • County Name: Passaic
  • I D: 4701947
  • Attribution Contact: 862-257-1743
  • 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

Closed on
Sep 19, 2019
Sold by
Acosta Leonardo
Bought by
Alcantara Sharllin and Alcantara Agustina
Current Estimated Value
$627,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 4, 2017
Closed on
Jul 5, 2017
Sold by
Rivas Juan A
Bought by
Acosta Leonardo
Seller's Agent
JUAN RIVAS
REALTY ONE GROUP LIVING
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%
Original Mortgage
$230,743
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 2016
Sold by
Rivas Juan A
Bought by
Rivas Juan A

Purchase Details

Closed on
Jun 28, 1988
Bought by
Mallqui Maria
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
Alcantara Sharllin $375,000 Safe Land Title Agency Llc
Acosta Leonardo $235,000 Residential Commercial Title
Rivas Juan A -- None Available
Mallqui Maria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alcantara Sharllin $368,207
Previous Owner Acosta Leonardo $230,743
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2025 06/11/25 For Sale $628,999 +167.7% --
07/05/2017 07/05/17 Sold $235,000 -4.1% $124 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $245,000 -- $129 / Sq Ft
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 $10,272 $201,600 $47,100 $154,500
2024 $9,884 $201,600 $47,100 $154,500
2022 $9,358 $201,600 $47,100 $154,500
2021 $9,024 $201,600 $47,100 $154,500
2020 $8,417 $201,600 $47,100 $154,500
2019 $8,144 $197,000 $46,100 $150,900
2018 $8,401 $194,200 $45,700 $148,500
2017 $7,692 $184,900 $40,800 $144,100
2016 $8,465 $195,100 $42,800 $152,300
2015 $8,015 $195,100 $42,800 $152,300
2014 $8,120 $280,000 $128,200 $151,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    LEONARDO ACOSTA

    MODERN REALTY GROUP

  • J

    Seller's Agent in 2017

    JUAN RIVAS

    REALTY ONE GROUP LIVING

See All Agents

Map

Source: Garden State MLS

MLS Number: 3376588

Garden State MLS

APN: 08-02109-0000-00006

New Jersey Passaic County Paterson 07524 Riverside

121 E 16th St, Paterson, NJ

Not Listed for Sale

MultiFamily

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