$659,900
SOLD MAY 21, 2025

140 Albion Ave Paterson, NJ 07502

Totowa Section Neighborhood
7 Beds
3 Baths
2,368 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$279 Per Sq Ft

14 Days on Market

About This Home

As of May 2025

This expansive three-family home offers a total of 7 bedrooms and 3 bathrooms, thoughtfully divided across three levels to accommodate various living arrangements. This large property features off-street parking and a prime location close to shopping, schools, and other local amenities. Enjoy an easy commute to NYC with convenient access to public transportation and major highways. Whether you're seeking a smart investment or a versatile living space, this property offers endless possibilities. The neighborhood offers a blend of urban convenience appealing to a wide range of tenants. Schedule your private showing today!

Last Agent to Sell the Property

Joel Flores

Christie's International Real Estate Group-Hoboken Listed on: 03/10/2025

Christie's International Real Estate Group-Hoboken

Last Buyer's Agent

Tathiana Cespedes

Christie's International Real Estate Group-Paramus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,822

Lot Details

  • 2,500 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 1 / 908

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,822

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-962-9551
  • MLS Status: Sold - Sold
  • Directions: Crosby to Albion
  • Architectural Style: 3 Family
  • Year Built Details: 1940's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7

Exterior Features

  • Disclosures: Seller's Agent

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 13822.0
  • Tax Block: 908
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2025
Closed on
May 6, 2025
Sold by
Myrie Dameon
Bought by
Saad Md S and Saad Md R
Seller's Agent
Joel Flores
Christie's International Real Estate Group-Hoboken
Buyer's Agent
Tathiana Cespedes
Christie's International Real Estate Group-Paramus
List Price
$659,900
Sold Price
$659,900
Views
14
Current Estimated Value
$704,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,055
Avg. Annual Appreciation
20.77%
Original Mortgage
$626,905
Outstanding Balance
$624,672
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$80,283

Purchase Details

Closed on
Apr 7, 2011
Sold by
Fernandez Joel and Blanco Frank
Bought by
Myrie Dameon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,520
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2008
Sold by
Perez Domingo
Bought by
Fernandez Joel and Blanco Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,903
Interest Rate
6.3%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 1998
Sold by
Morel Inocensia
Bought by
Perez Domingo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,520
Interest Rate
6.65%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 1995
Sold by
Colon Juan
Bought by
Morel Inocenzia
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 Type Sale Price Title Company
Bargain Sale Deed $659,900 Chicago Title
Bargain Sale Deed $659,900 Chicago Title
Bargain Sale Deed $160,000 --
Deed $392,000 --
Deed $167,000 --
Deed $72,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $626,905 New Conventional
Closed $626,905 New Conventional
Previous Owner $153,520 FHA
Previous Owner $385,903 FHA
Previous Owner $164,520 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $659,900 0.0% $279 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $659,900 -- $279 / 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 $13,823 $271,300 $35,500 $235,800
2024 $13,302 $271,300 $35,500 $235,800
2022 $12,594 $271,300 $35,500 $235,800
2021 $12,143 $271,300 $35,500 $235,800
2020 $11,327 $271,300 $35,500 $235,800
2019 $10,881 $263,200 $32,900 $230,300
2018 $10,162 $234,900 $32,500 $202,400
2017 $9,693 $233,000 $32,300 $200,700
2016 $9,962 $229,600 $34,000 $195,600
2015 $9,432 $229,600 $34,000 $195,600
2014 $8,648 $298,200 $120,800 $177,400
Source: Public Records

Agents Affiliated with this Home

  • Joel Flores

    Seller's Agent in 2025

    Joel Flores

    Christie's Real Estate Northern NJ

    (973) 634-3088

    3 in this area

    26 Total Sales

    Joel Flores
    Section Image
  • Tathiana Cespedes

    Buyer's Agent in 2025

    Tathiana Cespedes

    Christie's International Real Estate Group-Paramus

    (347) 547-4104

    1 in this area

    24 Total Sales

    Tathiana Cespedes
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 25007767

New Jersey MLS

APN: 08-00908-0000-00001

New Jersey Passaic County Paterson 07502 Totowa Section

140 Albion Ave, Paterson, NJ

This home is located at 140 Albion Ave, Paterson, NJ 07502 and is currently priced at $659,900, approximately $278 per square foot. 140 Albion Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

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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