$435,000
SOLD NOV 21, 2019

131 N 8th St Unit 135 Paterson, NJ 07522

Northside Neighborhood
6 Beds
2 Baths
1,254 Sq Ft
6,199 Sq Ft Lot

Recently Sold

$347 Per Sq Ft

21% Above List Price

17 Days on Market

Highlights

  • Property is near public transit
  • Rectangular Lot
  • 5-minute walk to Hillford Park
  • Central Air

About This Home

As of November 2019

2 Family home. Complete gut renovation, ample parking, 2 car garage, central heat and A/C, granite countertops, 6 bedroom, 2 bath, basement partially finished.

Last Agent to Sell the Property

Alberto Sanchez

Prestige Property Group - Montclair Listed on: 09/24/2019

Last Buyer's Agent

Aileen Colon

United Real Estate

United Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,861

Lot Details

  • 6,199 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built in the 1990s
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Central Air
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 160800404 00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,861

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/Trans, Close/Wrshp
  • Views/Exposure: None
  • Year Built: 1990's
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 12
  • Fireplace: None
  • Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Prt Finished
  • Basement: Partially finished!
  • Laundry: None

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: 2 Car

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: Central Air

Lot Info

  • County Name: PASSAIC
  • Lot: 00008
  • Estimated Lot Sq Ft: 6199
  • Lot Description: Regular

Tax Info

  • Tax: 6861
  • Assessor Parcel Number: 160800404 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Nov 21, 2019
Sold by
Sunira Group Llc
Bought by
Mendez Wilkins Cohimbre Martinez and Mendez Edgar Martinez
Seller's Agent
Alberto Sanchez
Prestige Property Group - Montclair
Buyer's Agent
Aileen Colon
United Real Estate
List Price
$359,000
Sold Price
$435,000
Premium/Discount to List
$76,000
21.17%
Current Estimated Value
$599,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,800
Avg. Annual Appreciation
5.84%
Original Mortgage
$427,121
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 4, 2019
Closed on
Feb 22, 2019
Sold by
Us Bank Trust Na
Bought by
Sunira Group Llc
Seller's Agent
Jo-Anne Mitchell
Prominent Properties Sotheby's International Realty-Towaco
Buyer's Agent
Outside Agent
Outside Office
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
250.32%

Purchase Details

Closed on
May 2, 2016
Sold by
Roman Ramon and Rodriguez Idalia A
Bought by
U S Bank N A and Lsf9 Master Participation Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $435,000 New Horizon Abstract
Deed $195,000 Clear Skies Title Agency
Sheriffs Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,779 FHA
Previous Owner $427,121 FHA
Previous Owner $60,000 Credit Line Revolving
Previous Owner $274,050 FHA
Previous Owner $180,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $435,000 +21.2% $347 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $359,000 +84.1% $286 / Sq Ft
04/03/2019 04/03/19 Sold $195,000 0.0% $156 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $195,000 -- $156 / 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 $7,874 $160,600 $58,900 $101,700
2022 $15,801 $340,400 $62,200 $278,200
2021 $15,236 $340,400 $62,200 $278,200
2020 $14,212 $340,400 $62,200 $278,200
2019 $6,639 $160,600 $58,900 $101,700
2018 $6,861 $158,600 $58,500 $100,100
2017 $6,552 $157,500 $58,200 $99,300
2016 $7,216 $166,300 $61,300 $105,000
2015 $6,832 $166,300 $61,300 $105,000
2014 $7,923 $273,200 $175,500 $97,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1944321

New Jersey MLS

APN: 08-00404-0000-00008