NOT LISTED FOR SALE

127 E 16th St Unit 129 Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $594,476 - $833,000

8 Beds
5 Baths
2,964 Sq Ft
$248/Sq Ft Est. Value

Last Sold January 24, 2018

Last sale price $390,000 $132 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,600/month

67 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • Rectangular Lot
  • Intercom
  • Laundry Facilities

About This Home

As of January 2018

Legal 3 family ,Totally renovated in 2010, new roof, siding, boilers all units rented, separate utilities. State inspection done July 2017. House has fire sprinkler system on all floors.Lead free.Security camera system installed on driveway and entrance.

Last Listed By

Ileana Chacon

RE/MAX Properties Select Listed on: 10/21/2017

RE/MAX Properties Select

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,600

Year Built

  • 1920

Lot Details

  • 3,698 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built in the 1940s
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Washer and Dryer Hookup
  • Property is near public transit
  • Finished Basement

Community Details

  • Laundry Facilities
  • Security

Listing and Financial Details

  • Assessor Parcel Number 160802109 00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,600

Year Built

1920

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 3 Family
  • Lifestyle: Close/Trans
  • Views/Exposure: None
  • Year Built: 1940's, Renovated, 2010's
  • Miscellaneous: Intercom, Security
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 19
  • Fireplace: None
  • Bedrooms: 8
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Finished
  • Basement: Finished
  • Laundry: Basement, Hook Ups

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: O/See Remk

Utilities

  • Heating: Baseboard, Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: Win/AC

Lot Info

  • County Name: PASSAIC
  • Lot: 00003
  • Estimated Lot Sq Ft: 3698
  • Lot Description: Regular

Tax Info

  • Tax: 12600
  • Assessor Parcel Number: 160802109 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2021
Sold by
Moreno Alexander Gallego
Bought by
Moreno Alexander Gallego
Total Days on Market
67
Current Estimated Value
$733,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,227
Outstanding Balance
$336,992
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$396,877

Purchase Details

Listed on
Oct 21, 2017
Closed on
Dec 26, 2017
Sold by
North Jersey Holdings Iv Llc
Bought by
Moreno Alexandro Gallego
Seller's Agent
Ileana Chacon
RE/MAX Properties Select
Buyer's Agent
Outside Agent
Outside Office
List Price
$389,000
Sold Price
$390,000
Premium/Discount to List
$1,000
0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$382,936
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2012
Sold by
North Jesey Holdings Llc
Bought by
North Jeresey Holdings Iv Llc

Purchase Details

Closed on
Dec 8, 2011
Sold by
Deutsche Bank National Trust Co
Bought by
North Jersey Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,350
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2010
Sold by
Passaic County Sheriff
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Mar 29, 2005
Sold by
Pou Rafael
Bought by
Andujar Maximiliano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.87%

Purchase Details

Closed on
Sep 30, 1996
Sold by
Rainey Francis and Rainey Erna
Bought by
Matos Pou Rafael and Matos Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.9%
Mortgage Type
FHA

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Moreno Alexander Gallego -- Accommodation
Moreno Alexandro Gallego $390,000 Title Agency Of New Jersey I
North Jeresey Holdings Iv Llc -- None Available
North Jersey Holdings Llc $98,699 --
Deutsche Bank National Trust Co $604,978 --
Andujar Maximiliano $460,000 --
Matos Pou Rafael $166,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Alexander Gallego $368,227
Closed Moreno Alexandro Gallego $382,936
Previous Owner North Jersey Holdings Llc $49,350
Previous Owner Andujar Maximiliano $500,000
Previous Owner Andujar Maximiliano $18,532
Previous Owner Andujar Maximiliano $368,000
Previous Owner Matos Luisa $165,849
Previous Owner Matos Pou Rafael $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2018 01/24/18 Sold $390,000 +0.3% $132 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
10/21/2017 10/21/17 For Sale $389,000 -- $131 / Sq Ft
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
2024 $18,376 $374,800 $47,700 $327,100
2022 $17,398 $374,800 $47,700 $327,100
2021 $16,776 $374,800 $47,700 $327,100
2020 $15,648 $374,800 $47,700 $327,100
2019 $15,143 $366,300 $46,800 $319,500
2018 $12,000 $277,400 $46,500 $230,900
2017 $11,448 $275,200 $46,200 $229,000
2016 $12,600 $290,400 $48,400 $242,000
2015 $11,930 $290,400 $48,400 $242,000
2014 $13,813 $476,300 $176,200 $300,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Similar Homes in Paterson, NJ

  • 266-268 E 17th St, Paterson, NJ 07524

    $900,000

    • 8 Beds
    • 5 Baths
    • 266-268 E 17th St
    • Paterson, NJ

    This exceptional new construction listing in one of Paterson's most desirable neighborhoods boasts an impressive layout with 4 spacious bedrooms and 2 full bathrooms, including a luxurious master bathroom on both the first and second floors. The finished basement offers additional living space, complete with a full bathroom and a private entrance. The property also features an attached two-car

    David Vanegas Empire Real Estate

    Section Image
  • 266 E 17th St Unit 268, Paterson, NJ 07524

    $900,000

    • 8 Beds
    • 5 Baths
    • 266 E 17th St
    • Unit 268
    • Paterson, NJ

    This exceptional new construction listing in one of Paterson's most desirable neighborhoods boasts an impressive layout with 4 spacious bedrooms and 2 full bathrooms, including a luxurious master bathroom on both the first and second floors. The finished basement offers additional living space, complete with a full bathroom and a private entrance. The property also features an attached two-car

    David Vanegas EMPIRE REAL ESTATE

    Section Image
  • 116 Marshall St, Paterson, NJ 07501

    $625,000

    • 7 Beds
    • 4 Baths
    • 116 Marshall St
    • Paterson, NJ

    4 Family, 2 2 family houses on one lot. Great investment property. The front property offers 1 bedroom, 1 bathroom on the first floor and 2 bedrooms, 2 bathrooms on the second floor. The back property offers 2 bedrooms, 2 bathrooms on the first floor and 2 bedrooms and 2 bathrooms on the 2nd floor. Leases are up on March 31st and are on a month to month basis thereafter Separated utilities, 4 gas

    Francis Sullivan, 3rd Howard Hanna Rand Realty

    Section Image
  • 22 2nd Ave, Paterson, NJ 07524

    $799,900

    • 7 Beds
    • 4 Baths
    • 22 2nd Ave
    • Paterson, NJ

    4 family, very well maintained, separate utilities. 3 bds on 2nd floor.2/3 brs 1st floor. 1 br on 1 rear and 3rd floors. DCA registration and current valid certificate.Great investment opportunity or to live in one unit and rent out the other 3..

    CARLOS TOME UNITED REAL ESTATE

    Section Image
  • 119 Montgomery St, Paterson, NJ 07501

    $689,000

    • 6 Beds
    • 4 Baths
    • 119 Montgomery St
    • Paterson, NJ

    Welcome to 119 Montgomery Street, Paterson, NJ - A Smart Investment or Perfect Starter Home! Discover the potential in this well maintained multi-family home located in the heart of Paterson's thriving community. This property features two spacious units, each offering generous living space, hardwood floors, and natural light throughout. Ideal for owner-occupants looking to live in one unit and

    ROY KESENCI C-21 CALABRESE

    Section Image
  • 15 Hillman St, Paterson, NJ 07522

    $799,000

    • 6 Beds
    • 4 Baths
    • 15 Hillman St
    • Paterson, NJ

    New construction 2-Family home. 3 bedroom 2 baths per unit. Modern style, brand new blank house, open floor plan. Perfect for investor.

    Yodelsy De La Cruz EXP REALTY, LLC

    Section Image

Source: New Jersey MLS

MLS Number: 1742177

New Jersey MLS

APN: 08-02109-0000-00003