NOT LISTED FOR SALE

130 Danforth Ave Paterson, NJ 07501

Old Great Falls Neighborhood

Estimated Value: $634,288 - $787,000

7 Beds
3 Baths
1,980 Sq Ft
$370/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $599,000 $303 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,905/month

25 Days on Market

About This Home

As of May 2024

Fantastic opportunity to own a true THREE FAMILY home on a double lot in the desirable Stony Road section of Paterson right off Squirrlewood Rd off route 80. This home features TWO 3 bedroom units and a top floor one bedroom unit. Full renovations were completed in 2009 when all three units were completely rebuilt including all new plumbing, electrical and walls down to the studs. This home is truly a MUST-SEE for anyone looking for a true investment property or owner occupy. Located on a fantastic tree-lined street with close proximity to major highways, shopping and places or worship.

Last Agent to Sell the Property

Ryan Cooper

Coldwell Banker, Hoboken Listed on: 01/18/2024

Last Buyer's Agent

Ryan Cooper

Coldwell Banker, Hoboken Listed on: 01/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,164

Lot Details

  • 3,498

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in unit
  • 3,498 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00010 / 05106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,164

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (201) 592-8900
  • MLS Status: Sold - Sold
  • Directions: McBride Ave to Danforth Ave.
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 3498.0

Tax Info

  • Tax Annual Amount: 11164.0
  • Tax Block: 05106
  • Tax Lot: 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
May 23, 2024
Sold by
Findlay Michael A and Ryle Edith May
Bought by
Tipu Sultan Mahmud and Sipu Sultan Masud
Seller's Agent
Ryan Cooper
Coldwell Banker, Hoboken
Buyer's Agent
Ryan Cooper
Coldwell Banker, Hoboken
List Price
$599,000
Sold Price
$599,000
Views
66
Current Estimated Value
$732,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,572
Avg. Annual Appreciation
15.95%
Original Mortgage
$479,200
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2023
Sold by
Ryle Edith May
Bought by
Findlay Michael A
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
Tipu Sultan Mahmud $599,000 Main Street Title & Settlement
Mahmud Tipu Sultan $599,000 Main Street Title & Settlement
Findlay Michael A -- Nexus Title
Findlay Michael A -- Nexus Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahmud Tipu Sultan $479,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $599,000 0.0% $303 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $599,000 -- $303 / 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 $12,253 $240,500 $52,500 $188,000
2024 $11,792 $240,500 $52,500 $188,000
2022 $11,137 $240,500 $52,500 $188,000
2021 $10,765 $240,500 $52,500 $188,000
2020 $10,041 $240,500 $52,500 $188,000
2019 $9,711 $234,900 $51,200 $183,700
2018 $9,041 $209,000 $50,700 $158,300
2017 $8,628 $207,400 $50,300 $157,100
2016 $9,129 $210,400 $44,400 $166,000
2015 $8,643 $210,400 $44,400 $166,000
2014 $11,301 $389,700 $184,000 $205,700
Source: Public Records

Agents Affiliated with this Home

  • Ryan Cooper

    Seller's Agent in 2024

    Ryan Cooper

    Coldwell Banker, Hoboken

    (917) 224-7441

    1 in this area

    18 Total Sales

    Ryan Cooper
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Map

Source: New Jersey MLS

MLS Number: 24002464

New Jersey MLS

APN: 08-05106-0000-00010

New Jersey Passaic County Paterson 07501 Old Great Falls

130 Danforth Ave, Paterson, NJ

This home is located at 130 Danforth Ave, Paterson, NJ 07501 since 18 January 2024 and is currently estimated at $732,572, approximately $369 per square foot. 130 Danforth 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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