NOT LISTED FOR SALE

123 Belmont Ave Unit 125 Paterson, NJ 07522

Northside Neighborhood

Estimated Value: $585,000 - $879,000

9 Beds
5 Baths
3,045 Sq Ft
$225/Sq Ft Est. Value

About This Home

This home is located at 123 Belmont Ave Unit 125, Paterson, NJ 07522 and is currently estimated at $684,030, approximately $224 per square foot. 123 Belmont Ave Unit 125 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
Paragon Asset Holdings Pl Llc
Bought by
East 18Th Apts Llc
Current Estimated Value
$684,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Outstanding Balance
$1,235,648
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
-$551,618

Purchase Details

Closed on
Mar 29, 2018
Sold by
Mtglq Investors L P
Bought by
Paragon Asset Holdings Pl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2017
Sold by
Payero Edy B and Payero Ofelia S
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Nov 21, 2006
Sold by
Estrella Rafael
Bought by
Payero Edy B and Payero Ofelia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 31, 2004
Sold by
Suarez Emma
Bought by
Estrella Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.81%

Purchase Details

Closed on
Jun 5, 2003
Sold by
Rodriguez Emilio
Bought by
Suarez Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,983
Interest Rate
5.45%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
East 18Th Apts Llc -- Title Agency
East 18Th Apts Llc -- Title Agency
Paragon Asset Holdings Pl Llc $155,000 Stewart Title
Mtglq Investors Lp -- None Available
Payero Edy B $460,000 --
Estrella Rafael $330,000 --
Suarez Emma $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East 18Th Apts Llc $1,260,000
Closed East 18Th Apts Llc $1,260,000
Previous Owner Paragon Asset Holdings Pl Llc $315,000
Previous Owner Paragon Asset Holdings Pl Llc $256,000
Previous Owner Payero Edy B $100,000
Previous Owner Payero Edy B $92,000
Previous Owner Payero Edy B $368,000
Previous Owner Estrella Rafael $264,000
Previous Owner Suarez Emma $255,983
Source: Public Records

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 $10,007 $204,100 $41,300 $162,800
2022 $9,474 $204,100 $41,300 $162,800
2021 $9,136 $204,100 $41,300 $162,800
2020 $8,521 $204,100 $41,300 $162,800
2019 $8,260 $199,800 $40,800 $159,000
2018 $11,334 $262,000 $40,500 $221,500
2017 $10,816 $260,000 $40,300 $219,700
2016 $11,915 $274,600 $42,400 $232,200
2015 $11,281 $274,600 $42,400 $232,200
2014 $13,427 $463,000 $155,700 $307,300
Source: Public Records

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