NOT LISTED FOR SALE

123 E 16th St Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $568,955 - $624,000

Studio
-- Bath
1,998 Sq Ft
$298/Sq Ft Est. Value

Last Sold September 16, 2024

Last sale price $510,000 $255 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,884/month

11 Days on Market

About This Home

As of September 2024

This home is located at 123 E 16th St, Paterson, NJ 07524 since 03 May 2024 and is currently estimated at $594,739, approximately $297 per square foot. 123 E 16th 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.

Last Agent to Sell the Property

Hugo Meza

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 05/03/2024

EXP REALTY, LLC

Last Buyer's Agent

Hugo Meza

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 05/03/2024

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 5285522
  • Attribution Contact: 866-201-6210
  • 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
Oct 20, 2025
Sold by
Alejo Carlos
Bought by
123 East 16Th Street Llc
Current Estimated Value
$594,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$487,046
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$107,693

Purchase Details

Listed on
May 3, 2024
Closed on
Sep 13, 2024
Sold by
Quintero Sixta E and Quintero Teodolinda Cuellar
Bought by
Alejo Carlos
Seller's Agent
Hugo Meza
EXP REALTY, LLC
Buyer's Agent
Hugo Meza
EXP REALTY, LLC
List Price
$500,000
Sold Price
$510,000
Premium/Discount to List
$10,000
2%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.15%
Original Mortgage
$433,500
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 1988
Bought by
Quintero Sixta and Quintero Uellar,Teodolinda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
123 East 16Th Street Llc -- Main Street Title
Alejo Carlos $510,000 Main Street Title
Alejo Carlos $510,000 Main Street Title
Quintero Sixta $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 123 East 16Th Street Llc $487,500
Previous Owner Alejo Carlos $433,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2024 09/16/24 Sold $510,000 +2.0% $255 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $500,000 -- $250 / Sq Ft
Source: Garden State 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 $9,660 $189,600 $42,400 $147,200
2024 $9,296 $189,600 $42,400 $147,200
2022 $8,487 $189,600 $42,400 $147,200
2021 $8,487 $189,600 $42,400 $147,200
2020 $7,916 $189,600 $42,400 $147,200
2019 $7,656 $185,200 $41,500 $143,700
2018 $7,899 $182,600 $41,100 $141,500
2017 $7,534 $181,100 $40,800 $140,300
2016 $8,292 $191,100 $42,800 $148,300
2015 $7,850 $191,100 $42,800 $148,300
2014 $8,048 $277,500 $128,200 $149,300
Source: Public Records

Agents Affiliated with this Home

  • Hugo Meza

    Seller's Agent in 2024

    Hugo Meza

    EXP REALTY, LLC

    (973) 771-5995

    5 in this area

    82 Total Sales

    Hugo Meza
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Map

Source: Garden State MLS

MLS Number: 3899852

Garden State MLS

APN: 08-02109-0000-00005

New Jersey Passaic County Paterson 07524 Riverside

123 E 16th St, Paterson, NJ

Not Listed for Sale

MultiFamily

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