NOT LISTED FOR SALE

16 Paterson Place Newton, NJ 07860

Estimated Value: $508,000 - $566,766

3 Beds
3 Baths
1,867 Sq Ft
$284/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $499,900 $268 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,937/month

128 Days on Market

About This Home

As of July 2024

This home is located at 16 Paterson Place, Newton, NJ 07860 since 30 January 2024 and is currently estimated at $530,692, approximately $284 per square foot. This property was built in 1999. 16 Paterson Place is a home located in Sussex County with nearby schools including Merriam Avenue School, Halsted Street Middle School, and Newton High School.

Last Agent to Sell the Property

Mary Smith

WEICHERT REALTORS Brokerage Phone: 973-729-2700 Listed on: 01/30/2024

WEICHERT REALTORS

Last Buyer's Agent

Thomas Peterson

RE/MAX PLATINUM GROUP

RE/MAX PLATINUM GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,538

Year Built

  • Built in 1999

Lot Details

  • 0.3 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,538

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Year Built: 1999
  • County Name: Sussex
  • Street Number Display: 16
  • I D: 5266885
  • Modified: 2025-07-16
  • Number Images: 1
  • Attribution Contact: 973-729-2700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 00000.30AC.
  • Total Acres: 0.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Jul 9, 2024
Sold by
Parekh Usha and Patel Rakesh Kumar
Bought by
Ellis William C and Ellis Claudia N
Seller's Agent
Mary Smith
WEICHERT REALTORS
Buyer's Agent
Thomas Peterson
RE/MAX PLATINUM GROUP
List Price
$499,900
Sold Price
$499,900
Views
393
Current Estimated Value
$530,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,792
Avg. Annual Appreciation
4.17%
Original Mortgage
$349,930
Outstanding Balance
$347,282
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$175,404

Purchase Details

Closed on
Jun 29, 2006
Sold by
Roccoberton Bruno and Roccoberton Jennifer
Bought by
Parekh Usha and Patel Rakesh Kumar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2002
Sold by
Romme Carol and Smith Donald
Bought by
Roccoberton Bruno and Roccoberton Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 25, 1999
Sold by
Castle Ridge At Newton Inc
Bought by
Romme Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Ellis William C $499,900 Title Trust
Parekh Usha $438,000 None Available
Roccoberton Bruno $325,000 Commonwealth Land Title Ins
Romme Carol $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis William C $349,930
Previous Owner Patel Rakesh Kumar $322,578
Previous Owner Parekh Usha $350,400
Previous Owner Roccoberton Bruno $75,000
Previous Owner Roccoberton Bruno $260,000
Previous Owner Smith Donald L $115,000
Previous Owner Smith Carol Romme $30,000
Previous Owner Romme Carol $80,000
Closed Parekh Usha $43,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $499,900 0.0% $268 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $499,900 -- $268 / 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 $12,538 $473,600 $95,000 $378,600
2023 $12,538 $279,000 $70,000 $209,000
2022 $12,588 $279,000 $70,000 $209,000
2021 $12,533 $279,000 $70,000 $209,000
2020 $12,340 $279,000 $70,000 $209,000
2019 $11,958 $279,000 $70,000 $209,000
2018 $11,894 $279,000 $70,000 $209,000
2017 $11,824 $279,000 $70,000 $209,000
2016 $11,634 $279,000 $70,000 $209,000
2015 $11,327 $279,000 $70,000 $209,000
2014 $11,093 $279,000 $70,000 $209,000
Source: Public Records

Agents Affiliated with this Home

  • Mary Smith

    Seller's Agent in 2024

    Mary Smith

    WEICHERT REALTORS

    (973) 729-2700

    15 in this area

    75 Total Sales

    Section Image

  • T

    Buyer's Agent in 2024

    Thomas Peterson

    RE/MAX

    (610) 217-5419

    1 in this area

    23 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3883682

Garden State MLS

APN: 15-00021-03-00001

New Jersey Sussex County Newton 07860

16 Paterson Place, Newton, NJ

This home is located at 16 Paterson Place, Newton, NJ 07860 since 30 January 2024 and is currently estimated at $530,692, approximately $284 per square foot. This property was built in 1999. 16 Paterson Place is a home located in Sussex County with nearby schools including Merriam Avenue School, Halsted Street Middle School, and Newton High School.

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