$389,237
SOLD MAY 13, 2024

164 E 31st St Unit 166 Paterson, NJ 07514

Eastside Neighborhood
3 Beds
4 Baths
1,667 Sq Ft
3,703 Sq Ft Lot

Recently Sold

$233 Per Sq Ft

11% Above List Price

129 Days on Market

About This Home

As of May 2024

Situated on the East Side of Paterson, E 31st offers a unique investment opportunity for the local investor looking for their next project or an end user who's looking for a renovation project to build equity themselves. The owners have utilized the property as a single family home, which is reflected in its current layout, but the property is a legal 2 family, according to city records. The property has 4 total floors: the basement, first floor, second floor & attic which is finished. The basement is finished with a full bathroom, mechanical room, laundry room & den. The first floor consists of a 1 bedroom, 1 full bathroom, kitchen, dining room and living room and has easy access to basement. The second floor currently has 1 bedroom, 1 full bathroom, a kitchen & living room. The top floor, the attic is one large room with closets and a full bathroom.

Last Agent to Sell the Property

Eric Eckhardt

EXP Realty, LLC

EXP Realty, LLC

Co-Listed By

Yadira Rosa

EXP Realty, LLC

Last Buyer's Agent

Diana Rosario

Russo Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,846

Lot Details

  • Lot Dimensions are 35x100

Home Design

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00010 / 08403

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,846

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (866) 201-6210
  • MLS Status: Sold - Sold
  • Directions: Rt 20 to Broadway to E 31st St
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Basement Remarks: 1FullBath

Exterior Features

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

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Dimensions: 35x100

Tax Info

  • Tax Annual Amount: 9846.0
  • Tax Block: 08403
  • Tax Lot: 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
May 9, 2024
Sold by
Foster Audrey and Foster Audrey Fay
Bought by
Santos Cesar
Seller's Agent
Eric Eckhardt
EXP Realty, LLC
Buyer's Agent
Diana Rosario
Russo Real Estate
List Price
$350,000
Sold Price
$389,237
Premium/Discount to List
$39,237
11.21%
Total Days on Market
129
Views
362
Current Estimated Value
$465,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,493
Avg. Annual Appreciation
19.87%
Original Mortgage
$311,390
Outstanding Balance
$308,956
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$156,774

Purchase Details

Closed on
Jan 18, 2007
Sold by
Foster Lloyd H
Bought by
Foster Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 11, 2003
Sold by
Foster Audrey
Bought by
Foster Audrey

Purchase Details

Closed on
Jun 28, 2002
Sold by
Laney Rodney
Bought by
Foster Audrey and Forter Terrence

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
6.73%

Map

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
Deed $389,237 American Land Title
Deed -- --
Deed -- --
Deed $168,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $311,390 New Conventional
Previous Owner $201,500 FHA
Previous Owner $216,000 New Conventional
Previous Owner $50,000 Adjustable Rate Mortgage/ARM
Previous Owner $22,000 Adjustable Rate Mortgage/ARM
Previous Owner $138,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $389,237 0.0% $233 / Sq Ft
05/05/2024 05/05/24 Off Market $389,237 -- --
01/05/2024 01/05/24 For Sale $350,000 -- $210 / 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
2024 $10,399 $212,100 $47,800 $164,300
2022 $9,846 $212,100 $47,800 $164,300
2021 $9,494 $212,100 $47,800 $164,300
2020 $8,855 $212,100 $47,800 $164,300
2019 $8,578 $207,500 $47,000 $160,500
2018 $8,129 $187,900 $46,600 $141,300
2017 $7,754 $186,400 $46,300 $140,100
2016 $8,543 $196,900 $48,800 $148,100
2015 $8,089 $196,900 $48,800 $148,100
2014 $7,781 $268,300 $146,300 $122,000
Source: Public Records

Source: New Jersey MLS

MLS Number: 24000546

New Jersey MLS

APN: 08-08403-0000-00010