NOT LISTED FOR SALE

1244 Madison Ave Unit 2 Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $445,694 - $831,000

4 Beds
1 Bath
-- Sq Ft
2,483 Sq Ft Lot

About This Home

As of August 2023

Lovely 4 bed, 1 bath second-floor apartment located in the highly desirable south Paterson neighborhood. Large kitchen and living rooms. Good sized bedrooms. 1 minute walk to Main Street. Close to all major highways, transportation, restaurants, shops, and places of worship. Owner pays hot water and maintenance, tenant pays gas, electric, cable etc. Ready 8/1.

Last Agent to Rent the Property

Ali Helwani

EXP Realty, LLC Listed on: 07/21/2023

EXP Realty, LLC

Last Renter's Agent

Ali Helwani

EXP Realty, LLC Listed on: 07/21/2023

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,541

Lot Details

  • 2,483

Kitchen

  • Gas Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Powered By Gas
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,541

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: 2 Family
  • ResoLaundryFeatures: None
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Ov/Rang/Gs, Refrigerator
  • Reso Association Amenities: None
  • Reso Pets Allowed: Cats OK
  • Co List Office Phone: (866) 201-6210
  • MLS Status: Leased - Leased
  • Directions: Main to Madison
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1940's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Gas
  • Heating: Baseboard, Natural Gas

Lot Info

  • Lot: 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2024
Sold by
Abuassi Amer
Bought by
Abuassi Amer and Abuassi Mohammed
Current Estimated Value
$662,174

Purchase Details

Closed on
May 24, 2023
Sold by
Navarro Gladys
Bought by
Abuassi Amer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 1999
Sold by
Albut Zuriyat
Bought by
Guzman Alfredo and Guzman Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,780
Interest Rate
7.81%
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
Abuassi Amer $202,500 None Listed On Document
Abuassi Amer $202,500 None Listed On Document
Abuassi Amer $610,000 First American Title Insurance
Guzman Alfredo $164,200 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abuassi Amer $457,500
Previous Owner Guzman Alfredo $147,780
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2023 08/01/23 Rented $2,500 0.0% --
07/21/2023 07/21/23 For Rent $2,500 -- --
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
2025 $14,541 $285,400 $29,900 $255,500
2024 $13,993 $285,400 $29,900 $255,500
2023 $13,248 $285,400 $29,900 $255,500
2022 $13,248 $285,400 $29,900 $255,500
2021 $12,775 $285,400 $29,900 $255,500
2020 $11,915 $285,400 $29,900 $255,500
2019 $11,526 $278,800 $29,200 $249,600
2018 $10,737 $248,200 $28,900 $219,300
2017 $11,182 $268,800 $28,700 $240,100
2016 $12,323 $284,000 $30,200 $253,800
2015 $11,667 $284,000 $30,200 $253,800
2014 $8,224 $283,600 $127,200 $156,400
Source: Public Records

Agents Affiliated with this Home

  • Ali Helwani

    Landlord's Agent in 2023

    Ali Helwani

    EXP Realty, LLC

    (973) 288-3331

    7 in this area

    67 Total Sales

    Ali Helwani
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Map

Source: New Jersey MLS

MLS Number: 23022585

New Jersey MLS

APN: 08-05703-0000-00007

New Jersey Passaic County Paterson 07503 South Paterson

1244 Madison Ave Unit 2, Paterson, NJ

Not Listed for Sale

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