NOT LISTED FOR SALE

122 N 1st St Paterson, NJ 07522

Downtown Paterson Neighborhood

Estimated Value: $297,000 - $426,866

4 Beds
2 Baths
1,666 Sq Ft
$215/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $200,000 $120 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,528/month

23 Days on Market

About This Home

As of August 2021

Good Condition 2 family , Separate Utilities, Great Opportunity for Investors or 1st time home buyers.

Last Agent to Sell the Property

Mizell Ewing, Jr.

Coldwell Banker, Wayne Listed on: 05/25/2021

Coldwell Banker, Wayne

Last Buyer's Agent

Mizell Ewing, Jr.

Coldwell Banker, Wayne Listed on: 05/25/2021

Coldwell Banker, Wayne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,239

Year Built

  • 1887

Lot Details

  • 2,500 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built in the 1960s
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 160800112 00020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,239

Year Built

1887

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: None
  • Views/Exposure: None
  • Year Built: 1960's
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 8
  • Fireplace: None
  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Full
  • Laundry: None

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: None

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: None

Lot Info

  • County Name: PASSAIC
  • Lot: 00020
  • Estimated Lot Sq Ft: 2500
  • Lot Description: Regular

Tax Info

  • Tax: 5239
  • Assessor Parcel Number: 160800112 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2021
Sold by
122 N 1Th Llc
Bought by
Hoffman Leon
Total Days on Market
23
Current Estimated Value
$358,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Outstanding Balance
$215,429
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$143,538

Purchase Details

Listed on
May 25, 2021
Closed on
Aug 20, 2021
Sold by
Crescent Moon Realty Llc
Bought by
122 N 1Th Llc
Seller's Agent
Mizell Ewing, Jr.
Coldwell Banker, Wayne
Buyer's Agent
Mizell Ewing, Jr.
Coldwell Banker, Wayne
List Price
$170,000
Sold Price
$200,000
Premium/Discount to List
$30,000
17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.78%
Original Mortgage
$235,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 28, 2012
Closed on
Sep 26, 2012
Sold by
Atfh Real Property Llc
Bought by
Crescent Moon Realty Limited Liability C
Seller's Agent
Don Fanelli
COLDWELL BANKER REALTY
Buyer's Agent
CRAIG JOWETT
COLDWELL BANKER REALTY
Sold Price
$32,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.84%
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
Hoffman Leon -- Dekel Abstract Llc
122 N 1Th Llc $200,000 Madison Title Agency Llc
Crescent Moon Realty Limited Liability C $32,000 First Jersey Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Leon $232,500
Previous Owner 122 N 1Th Llc $235,000
Previous Owner Pagan Trinidad $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $200,000 +17.6% $120 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $170,000 +431.3% $102 / Sq Ft
09/28/2012 09/28/12 Sold $32,000 -- $19 / 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
2024 $6,153 $125,500 $30,300 $95,200
2023 $5,826 $125,500 $30,300 $95,200
2022 $5,826 $125,500 $30,300 $95,200
2021 $5,617 $125,500 $30,300 $95,200
2020 $5,240 $125,500 $30,300 $95,200
2019 $5,077 $122,800 $29,800 $93,000
2018 $5,234 $121,000 $29,500 $91,500
2017 $4,996 $120,100 $29,300 $90,800
2016 $5,502 $126,800 $30,900 $95,900
2015 $5,209 $126,800 $30,900 $95,900
2014 $9,492 $327,300 $154,300 $173,000
Source: Public Records

Agents Affiliated with this Home

  • Mizell Ewing, Jr.

    Seller's Agent in 2021

    Mizell Ewing, Jr.

    Coldwell Banker, Wayne

    (732) 735-4715

    2 in this area

    63 Total Sales

    Mizell Ewing, Jr.
    Section Image

  • D

    Seller's Agent in 2012

    Don Fanelli

    COLDWELL BANKER REALTY

    (973) 632-1449

    42 Total Sales

    Don Fanelli
    Section Image

  • C

    Buyer's Agent in 2012

    CRAIG JOWETT

    COLDWELL BANKER REALTY

See All Agents

Map

Source: New Jersey MLS

MLS Number: 21020894

New Jersey MLS

APN: 08-00112-0000-00020

New Jersey Passaic County Paterson 07522 Downtown Paterson

122 N 1st St, Paterson, NJ

This home is located at 122 N 1st St, Paterson, NJ 07522 since 25 May 2021 and is currently estimated at $358,967, approximately $215 per square foot. This property was built in 1887. 122 N 1st 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.

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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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