127 16th Ave Paterson, NJ 07501
Eastside NeighborhoodEstimated Value: $622,000
Studio
--
Bath
--
Sq Ft
1,481
Sq Ft Lot
About This Home
This home is located at 127 16th Ave, Paterson, NJ 07501 and is currently priced at $622,000. 127 16th Ave is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 7, 2025
Sold by
127-135 16Th Avenue Llc
Bought by
Godwin 16Th Avenue Holdings Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,909,000
Outstanding Balance
$11,867,719
Interest Rate
6.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 29, 2021
Sold by
Paterson Qualified Opportunity Zone Llc
Bought by
127 135 16Th Avenue Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,735,000
Interest Rate
2.99%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 5, 2020
Sold by
Montesino Marino
Bought by
Paterson Qualified Opportunity Zone Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Godwin 16Th Avenue Holdings Llc | -- | Fineprint Settlements | |
| Godwin 16Th Avenue Holdings Llc | -- | Fineprint Settlements | |
| 127 135 16Th Avenue Llc | -- | Ans Title | |
| 127-135 16Th Avenue Llc | -- | New Title Company Name | |
| Paterson Qualified Opportunity Zone Llc | $550,000 | Wfg National Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Godwin 16Th Avenue Holdings Llc | $11,909,000 | |
| Closed | Godwin 16Th Avenue Holdings Llc | $11,909,000 | |
| Previous Owner | 127-135 16Th Avenue Llc | $5,735,000 |
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 | $1,569 | $30,800 | $30,800 | -- |
| 2024 | $1,510 | $30,800 | $30,800 | -- |
| 2022 | $1,430 | $30,800 | $30,800 | $0 |
| 2021 | $7,274 | $162,500 | $30,800 | $131,700 |
| 2020 | $6,784 | $162,500 | $30,800 | $131,700 |
| 2019 | $6,461 | $156,300 | $30,800 | $125,500 |
| 2018 | $6,082 | $140,600 | $30,800 | $109,800 |
| 2017 | $5,549 | $133,400 | $30,800 | $102,600 |
| 2016 | $5,788 | $133,400 | $30,800 | $102,600 |
| 2015 | $5,480 | $133,400 | $30,800 | $102,600 |
| 2014 | $1,528 | $52,700 | $40,000 | $12,700 |
Source: Public Records
Map
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