NOT LISTED FOR SALE

1244 Madison Ave Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $614,997 - $776,000

9 Beds
3 Baths
3,477 Sq Ft
$194/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $615,000 $177 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,713/month

38 Days on Market

About This Home

As of May 2023

This home is located at 1244 Madison Ave, Paterson, NJ 07503 since 13 February 2023 and is currently estimated at $673,499, approximately $193 per square foot. 1244 Madison Ave is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

Last Agent to Sell the Property

Tina Henderson

REAL Brokerage Phone: 973-607-2001 Listed on: 02/13/2023

Last Buyer's Agent

Ali Helwani

EXP REALTY, LLC

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: 5203711
  • Attribution Contact: 973-607-2001
  • 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
Jun 5, 2024
Sold by
Abuassi Amer
Bought by
Abuassi Amer and Abuassi Mohammed
Current Estimated Value
$673,499

Purchase Details

Listed on
Feb 13, 2023
Closed on
May 24, 2023
Sold by
Navarro Gladys
Bought by
Abuassi Amer
Seller's Agent
Tina Henderson
REAL
Buyer's Agent
Ali Helwani
EXP REALTY, LLC
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%
Views
195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Original Mortgage
$457,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2022
Sold by
Alfredo Guzman
Bought by
Navarro Gladys

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
Collateral Analytics

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ICE

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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
Navarro Gladys -- Advent Title
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
05/26/2023 05/26/23 Sold $615,000 -1.6% $177 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $625,000 0.0% $180 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $625,000 -- $180 / 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 $14,541 $285,400 $29,900 $255,500
2024 $13,993 $285,400 $29,900 $255,500
Source: Public Records

Agents Affiliated with this Home

  • Tina Henderson

    Seller's Agent in 2023

    Tina Henderson

    REAL

    (973) 255-0059

    1 in this area

    12 Total Sales

    Tina Henderson
    Section Image
  • Ali Helwani

    Buyer's Agent in 2023

    Ali Helwani

    EXP REALTY, LLC

    (973) 288-3331

    7 in this area

    62 Total Sales

    Ali Helwani
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3828770

Garden State MLS

APN: 08-05703-0000-00007

New Jersey Passaic County Paterson 07503 South Paterson

1244 Madison Ave, Paterson, NJ

Not Listed for Sale

MultiFamily

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