NOT LISTED FOR SALE

128 Lafayette St Paterson, NJ 07501

Riverside Neighborhood

Estimated Value: $465,145 - $567,000

-- Bed
-- Bath
1,624 Sq Ft
$319/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $185,000 $114 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $3,314/month

426 Days on Market

About This Home

As of October 2018

This home is located at 128 Lafayette St, Paterson, NJ 07501 since 04 March 2017 and is currently estimated at $518,536, approximately $319 per square foot. 128 Lafayette St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

Last Agent to Sell the Property

joseph burgos

BURGOS REALTY COMPANY Brokerage Phone: 973-746-4777 Listed on: 03/04/2017

Last Buyer's Agent

joseph burgos

BURGOS REALTY COMPANY Brokerage Phone: 973-746-4777 Listed on: 03/04/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,776

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,776

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 128
  • I D: 4693612
  • Modified: 2019-11-01
  • Number Images: 1
  • Attribution Contact: 973-746-4777
  • 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
Dec 19, 2022
Sold by
Silk City Cv Iii Llc
Bought by
Silk City Cv Ii Llc
Current Estimated Value
$518,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,238,000
Outstanding Balance
$2,162,844
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
-$1,644,308

Purchase Details

Closed on
Aug 17, 2018
Sold by
Gonnella John
Bought by
Silky City Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2018
Sold by
Silk City Development Llc
Bought by
Silk City Cv Iii Llc

Purchase Details

Closed on
Jun 8, 2015
Sold by
Dnt Properties Llc
Bought by
Gonnella John

Purchase Details

Listed on
Jan 25, 2013
Closed on
Jan 24, 2013
Sold by
Hafner Patricia
Bought by
Dmt Properties Llc
Buyer's Agent
Jerry Sahlman
VILLAGE SQUARE REALTORS
Sold Price
$88,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.95%
Original Mortgage
$60,000
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2010
Sold by
Delvecchio Joseph F and Dente Robert
Bought by
Bedrock Rehab Solutions Llc

Purchase Details

Closed on
Dec 11, 2009
Sold by
Hodgson Antoinette
Bought by
Delvecchio Joseph F and Dente Robert

Purchase Details

Closed on
Nov 9, 2009
Sold by
Jpmorgan Chase Bank Na
Bought by
Hodgson Antoinette

Purchase Details

Closed on
Sep 25, 1998
Sold by
Scillieri Investment Corp
Bought by
Martinez Madeline and Martinez Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,550
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 1998
Sold by
Obi Margaret
Bought by
Scillieri Investment Corp
Source: Public Records

Range of Values:

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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
Silk City Cv Ii Llc -- Atlantic Title & Settlement
Silk City Cv Ii Llc -- Atlantic Title & Settlement
Silky City Development Llc $150,000 Am Turst Title Ins Co
Silk City Cv Iii Llc -- New Title Company Name
Gonnella John -- Title Source Inc
Dmt Properties Llc $88,000 Chicago Title Insurance Co
Bedrock Rehab Solutions Llc $52,500 --
Delvecchio Joseph F $50,000 --
Hodgson Antoinette $40,000 --
Martinez Madeline $59,000 --
Scillieri Investment Corp $20,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silk City Cv Ii Llc $2,238,000
Closed Silk City Cv Ii Llc $2,238,000
Previous Owner Silky City Development Llc $148,000
Previous Owner Dmt Properties Llc $60,000
Previous Owner Martinez Madeline $102,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2018 10/31/18 Sold $185,000 -17.8% $114 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
03/04/2017 03/04/17 For Sale $225,000 +155.7% $139 / Sq Ft
01/25/2013 01/25/13 Sold $88,000 -- $54 / Sq Ft View Prior Sale
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 $6,776 $133,000 $19,700 $113,300
2024 $6,521 $133,000 $19,700 $113,300
2022 $6,174 $133,000 $19,700 $113,300
2021 $5,953 $133,000 $19,700 $113,300
2020 $5,553 $133,000 $19,700 $113,300
2019 $5,374 $130,000 $19,400 $110,600
2018 $5,209 $120,400 $19,300 $101,100
2017 $4,971 $119,500 $19,200 $100,300
2016 $5,480 $126,300 $20,300 $106,000
2015 $5,188 $126,300 $20,300 $106,000
2014 $7,836 $270,200 $154,300 $115,900
Source: Public Records

Agents Affiliated with this Home

  • j

    Seller's Agent in 2018

    joseph burgos

    BURGOS REALTY COMPANY

    (973) 692-8607

    32 Total Sales

    joseph burgos
    Section Image
  • Trina Olivo

    Buyer Co-Listing Agent in 2018

    Trina Olivo

    KELLER WILLIAMS TOWN LIFE

    (201) 723-3926

    1 in this area

    58 Total Sales

    Trina Olivo
    Section Image

  • J

    Buyer's Agent in 2013

    Jerry Sahlman

    VILLAGE SQUARE REALTORS

    (973) 979-2222

    19 Total Sales

    Jerry Sahlman
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3368942

Garden State MLS

APN: 08-03201-0000-00007

New Jersey Passaic County Paterson 07501 Riverside

128 Lafayette St, Paterson, NJ

This home is located at 128 Lafayette St, Paterson, NJ 07501 since 04 March 2017 and is currently estimated at $518,536, approximately $319 per square foot. 128 Lafayette St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

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