NOT LISTED FOR SALE

129 Buffalo Ave Unit 131 Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $548,000 - $658,000

4 Beds
2 Baths
1,812 Sq Ft
$329/Sq Ft Est. Value

Last Sold June 19, 2023

Last sale price $500,000 $276 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,968/month

19 Days on Market

About This Home

As of June 2023

YOUR SEARCH ENDS HERE! Welcome to the perfect opportunity for investors or ambitious homeowners! This two-family property is in need of a full gut renovation, but with a vision, you can make this a real beauty. With two units offering 2 bedrooms and 1 bathroom each, plus an eat-in kitchen, dining room, and living room plus a porch in each unit, this house offers plenty of potential. You'll have plenty of parking with a 3-car driveway and fenced-in yard for added privacy. Plus there's access to attic from the second floor unit. The unfinished basement provides extra storage space too! This is an AS-IS purchase where no credits will be given at closing and buyers are responsible for obtaining their own Paterson CO Certificate Certificate.For New York commuters convenience is key: enjoy having a bus on the corner & train within walking distance as well as parks nearby for leisurely walks or outdoor activities. School and shopping centers and houses of worship.

Last Agent to Sell the Property

Socrates Olivero

Coldwell Banker, Clifton Listed on: 03/17/2023

Coldwell Banker, Clifton

Last Buyer's Agent

Alice Tursun

Coldwell Banker, Wayne

Coldwell Banker, Wayne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,019

Lot Details

  • 3,202 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00008 / 07011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,019

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-778-4500
  • MLS Status: Sold - Sold
  • Directions: Getty Ave to Buffalo Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Remarks: unfinished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 3202.0

Tax Info

  • Tax Annual Amount: 9019.0
  • Tax Block: 07011
  • Tax Lot: 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Tursun Nizamettin and Tursun Azize
Bought by
129 131 Buffalo Ave Llc
Current Estimated Value
$596,816

Purchase Details

Listed on
Mar 17, 2023
Closed on
Jun 12, 2023
Sold by
Giardino-Maher Donna Marie
Bought by
Tursun Nizamettin and Tursun Azize
Seller's Agent
Socrates Olivero
Coldwell Banker, Clifton
Buyer's Agent
Alice Tursun
Coldwell Banker, Wayne
List Price
$400,000
Sold Price
$500,000
Premium/Discount to List
$100,000
25%
Views
418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
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
129 131 Buffalo Ave Llc -- None Listed On Document
129 131 Buffalo Ave Llc -- None Listed On Document
Tursun Nizamettin $500,000 Stewart Title
Tursun Nizamettin $500,000 Stewart Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2023 06/19/23 Sold $500,000 +25.0% $276 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $400,000 -- $221 / 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
2025 $9,900 $194,300 $55,200 $139,100
2024 $9,277 $194,300 $55,200 $139,100
2022 $8,742 $194,300 $55,200 $139,100
2021 $8,697 $194,300 $55,200 $139,100
2020 $8,112 $194,300 $55,200 $139,100
2019 $7,850 $189,900 $54,000 $135,900
2018 $8,098 $187,200 $53,500 $133,700
2017 $7,733 $185,900 $53,200 $132,700
2016 $8,263 $196,200 $56,000 $140,200
2015 $7,810 $196,200 $56,000 $140,200
2014 $11,263 $397,000 $213,700 $183,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Socrates Olivero

    Coldwell Banker, Clifton

    (973) 778-4500

    1 in this area

    27 Total Sales

    Socrates Olivero
    Section Image
  • Alice Tursun

    Buyer's Agent in 2023

    Alice Tursun

    Coldwell Banker, Wayne

    (646) 643-9104

    4 in this area

    29 Total Sales

    Alice Tursun
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23007647

New Jersey MLS

APN: 08-07011-0000-00008

New Jersey Passaic County Paterson 07503 South Paterson

129 Buffalo Ave Unit 131, Paterson, NJ

Not Listed for Sale

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