$650,000
SOLD MAY 23, 2025

159 N 5th St Unit 161 Paterson, NJ 07522

Northside Neighborhood
-- Bed
-- Bath
2,500 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$260 Per Sq Ft

2% Above List Price

43 Days on Market

About This Home

As of May 2025

This home is located at 159 N 5th St Unit 161, Paterson, NJ 07522 and is currently priced at $650,000, approximately $260 per square foot. 159 N 5th St Unit 161 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

Last Agent to Sell the Property

JAYANA TORRES

UNITED REAL ESTATE Brokerage Phone: 888-501-6953 Listed on: 02/12/2025

Last Buyer's Agent

Michael Martinetti

KELLER WILLIAMS REALTY

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,062

Lot Details

  • 7,405 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,062

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 159
  • I D: 5337316
  • Modified: 2025-05-27
  • Number Images: 0
  • Attribution Contact: 888-501-6953
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X150
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2025
Closed on
May 13, 2025
Sold by
Ceja Griselda Sanchez and Mendez-Coyt Eduardo
Bought by
Lora Sonia Altagracia M and Sifre Alondra Matias
Seller's Agent
JAYANA TORRES
UNITED REAL ESTATE
Buyer's Agent
Michael Martinetti
KELLER WILLIAMS REALTY
List Price
$639,999
Sold Price
$650,000
Premium/Discount to List
$10,001
1.56%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
101.23%
Original Mortgage
$638,226
Outstanding Balance
$637,685
Interest Rate
6.83%
Mortgage Type
FHA
Estimated Equity
$54,538

Purchase Details

Closed on
Jul 22, 2019
Sold by
Arenas Carlos
Bought by
Mendez Coyt Eduardo and Mendez Griselda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,022
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 2016
Sold by
U S Bank Mational Assoction
Bought by
Arenas Carols

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,156
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2015
Sold by
Gulal Ahmet M and Mortgage Elctronic Systems Inc
Bought by
Us Bank Na

Purchase Details

Closed on
Mar 4, 2005
Sold by
Sandu Dimitru
Bought by
Gulal Ahmet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
5.79%
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 $650,000 Kelly Title
Deed $330,000 Simplicity Title Llc
Bargain Sale Deed $157,000 Fortune Title Agency Inc
Sheriffs Deed -- Attorney
Deed $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $638,226 FHA
Previous Owner $324,022 FHA
Previous Owner $154,156 FHA
Previous Owner $37,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $650,000 +1.6% $260 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
03/07/2025 03/07/25 Price Changed $639,999 0.0% $256 / Sq Ft
03/07/2025 03/07/25 For Sale $639,999 -1.5% $256 / Sq Ft
03/05/2025 03/05/25 Off Market $649,999 -- --
02/17/2025 02/17/25 Price Changed $649,999 -4.4% $260 / Sq Ft
02/12/2025 02/12/25 For Sale $679,999 -- $272 / Sq Ft
Source: Garden State 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 $15,062 $307,200 $55,500 $251,700
2022 $14,260 $307,200 $55,500 $251,700
2021 $13,750 $307,200 $55,500 $251,700
2020 $12,826 $307,200 $55,500 $251,700
2019 $10,029 $242,600 $55,000 $187,600
2018 $10,352 $239,300 $54,700 $184,600
2017 $9,888 $237,700 $54,500 $183,200
2016 $10,891 $251,000 $57,400 $193,600
2015 $10,311 $251,000 $57,400 $193,600
2014 $11,751 $405,200 $183,000 $222,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    JAYANA TORRES

    UNITED REAL ESTATE

  • Michael Martinetti

    Buyer's Agent in 2025

    Michael Martinetti

    KELLER WILLIAMS REALTY

    (908) 514-4869

    1 in this area

    1,172 Total Sales

    Michael Martinetti
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3945743

Garden State MLS

APN: 08-00503-0000-00015

New Jersey Passaic County Paterson 07522 Northside

159 N 5th St Unit 161, Paterson, NJ

This home is located at 159 N 5th St Unit 161, Paterson, NJ 07522 and is currently priced at $650,000, approximately $260 per square foot. 159 N 5th St Unit 161 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

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.

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