NOT LISTED FOR SALE

Estimated Value: $569,984

6 Beds
3 Baths
1,696 Sq Ft
$336/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $490,000 $289 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,664/month

27 Days on Market

About This Home

As of June 2024

Welcome to your ideal investment opportunity or multigenerational living space in the heart of Paterson! This beautifully updated two-family home boasts modern amenities, flexible living arrangements, and a coveted third-floor bonus level, offering ample space for comfortable living or rental income potential. The first unit features three spacious bedrooms, offering ample space for rest and relaxation. A full bath adds convenience and functionality to this inviting living space. The second unit offers two cozy bedrooms, ideal for smaller households or as a rental unit. A full bath complements the comfortable living quarters. Ascend to the third floor to discover a versatile bonus level, comprising three additional rooms and a full bath. This expansive area presents endless possibilities, whether utilized as additional living space, a home office, or a recreational area. All units have all been thoughtfully updated. Nestled in a prime Paterson location, this home offers it all!

Last Agent to Sell the Property

Michael Morris

Vylla Home Listed on: 05/02/2024

Vylla Home

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,070

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00032 / 00504

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,070

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (856) 206-0413
  • MLS Status: Sold - Sold
  • Directions: Temple Street to North 5th Street
  • Architectural Style: 2 Family
  • Year Built Details: Pre 1900,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Remarks: Full/Unfinished

Exterior Features

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

Utilities

  • Utilities: Electricity Connected, Sep Heat

Lot Info

  • Lot Dimensions: 25X100
  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 8070.0
  • Tax Block: 00504
  • Tax Lot: 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jun 27, 2024
Sold by
Hayath Holding 138 Llc
Bought by
Machacuay Hipolito K and Machacuay Hilda C
Seller's Agent
Michael Morris
Vylla Home
Buyer's Agent
Outside Agent
Outside Office
List Price
$449,900
Sold Price
$490,000
Premium/Discount to List
$40,100
8.91%
Views
36
Current Estimated Value
$569,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,984
Avg. Annual Appreciation
9.19%
Original Mortgage
$473,646
Outstanding Balance
$466,768
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
$103,216

Purchase Details

Closed on
Nov 15, 2023
Sold by
Hayath Hldg Ltd Liability Co
Bought by
Hayath Holding 138 Llc

Purchase Details

Closed on
Aug 14, 2019
Sold by
Snu Properties Llc
Bought by
Hayath Holdings Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2018
Closed on
Jun 15, 2018
Sold by
Carisbrook Asset Holding Trust
Bought by
Snu Properties Llc
Seller's Agent
MATTHEW HUDA
HOWARD HANNA RAND REALTY
Buyer's Agent
MATTHEW HUDA
HOWARD HANNA RAND REALTY
List Price
$89,900
Sold Price
$99,300
Premium/Discount to List
$9,400
10.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.40%
Original Mortgage
$139,300
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 24, 2018
Sold by
Brown Steven and The Florida Department Of Reve
Bought by
Carisbrook Asset Holding Trusts

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,300
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 24, 2009
Sold by
Ciriaco Phil M
Bought by
Brown Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,772
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2006
Sold by
Mangini Thomas
Bought by
Ciriaco Phil M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 24, 2002
Sold by
Comer Dave
Bought by
Perez Alex

Purchase Details

Closed on
Apr 4, 2002
Sold by
Perez Alex
Bought by
Mangini Thomas and Mangini Antonella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
5.75%
Source: Public Records
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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
Machacuay Hipolito K $490,000 Heritage Abstract
Machacuay Hipolito K $490,000 Heritage Abstract
Hayath Holding 138 Llc -- None Listed On Document
Hayath Holding 138 Llc -- None Listed On Document
Hayath Holdings Ltd $140,606 Liberty Title & Escrow Co
Snu Properties Llc $99,300 1St Rate Title & Settlement
Carisbrook Asset Holding Trusts -- None Available
Brown Steven $123,000 --
Ciriaco Phil M $289,000 --
Perez Alex $114,000 --
Mangini Thomas $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Machacuay Hipolito K $473,646
Closed Machacuay Hipolito K $473,646
Previous Owner Hayath Holdings Ltd $159,000
Previous Owner Snu Properties Llc $139,300
Previous Owner Brown Steven $120,772
Previous Owner Ciriaco Phil M $231,200
Previous Owner Mangini Thomas $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $490,000 +8.9% $289 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $449,900 +353.1% $265 / Sq Ft
07/02/2018 07/02/18 Sold $99,300 +10.5% $59 / Sq Ft View Prior Sale
06/18/2018 06/18/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $89,900 -- $53 / Sq Ft
Source: New Jersey MLS

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 $8,386 $164,600 $31,900 $132,700
2024 $8,070 $164,600 $31,900 $132,700
2023 $7,641 $164,600 $31,900 $132,700
2022 $7,641 $164,600 $31,900 $132,700
2021 $7,368 $164,600 $31,900 $132,700
2020 $6,872 $164,600 $31,900 $132,700
2019 $6,656 $161,000 $31,400 $129,600
2018 $6,861 $158,600 $31,100 $127,500
2017 $6,548 $157,400 $30,900 $126,500
2016 $7,211 $166,200 $32,500 $133,700
2015 $6,828 $166,200 $32,500 $133,700
2014 $9,106 $314,000 $154,300 $159,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24013640

New Jersey MLS

APN: 08-00504-0000-00032

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