NOT LISTED FOR SALE

166 E 16th St Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $364,000 - $444,000

2 Beds
1 Bath
1,100 Sq Ft
$353/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $85,000 $77 Per Sq Ft

Est. 357% increase in value since last sale

Current estimated payment $2,613/month

248 Days on Market

About This Home

As of December 2019

Cozy and charming single family home , centrally located close to schools,public commuter lines,houses of worship,shopping centers, PCC College and Eastside/Memorial and the Paterson Great falls National Historical Park/Recreational areas, being sold strictly as is , buyer is responsible to obtain all required City certifications to close Property is in the first look initiative program and is only available to owner occupants for the first 21 days on the market

Last Agent to Sell the Property

Nicholas Verdi

KELLER WILLIAMS CITY VIEWS REALTY Listed on: 03/30/2019

KELLER WILLIAMS CITY VIEWS REALTY

Last Buyer's Agent

Nicholas Verdi

KELLER WILLIAMS CITY VIEWS REALTY Listed on: 03/30/2019

KELLER WILLIAMS CITY VIEWS REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 2,614

Parking

  • On-Street Parking

Home Design

  • 1,100 Sq Ft Home
  • Ranch Style House
  • Flat Roof Shape
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Eat-In Kitchen
  • 2,614 Sq Ft Lot
  • Heating System Uses Oil Below Ground
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 2508-02107-0000-00021-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate, Unknown
  • County Name: Passaic
  • Street Number Display: 166
  • Directions: East 16th St between 6th & 7th Avenues
  • I D: 4883307
  • Modified: 2021-09-23
  • Number Images: 4
  • First Name: NICHOLAS
  • First Name3: NICHOLAS
  • Last Name: VERDI
  • Last Name3: VERDI
  • Office Phone: 973-623-1001
  • Office Phone3: 973-623-1001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Rooms: 7
  • Bedrooms: 2
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Eat-In Kitchen
  • Estimated Sq Ft: 1100
  • Phone: 973-623-1001

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Flat

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Fuel Type: Oil Tank Below Ground
  • Sewer: Public Sewer
  • Water: Public Water

Lot Info

  • Lot Size: 25X100
  • Assessed Improvement Value: 88100
  • Assessed Land Value: 45700
  • Assessment: 133800
  • Easement: Unknown
  • Lot Identifier: 21
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5788
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-02107-0000-00021-0000-
  • Tax Rate Amount: 4.326
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2023
Sold by
Morillo Edwin
Bought by
Cuba Margarita and Angel Alcant Brito Miguel
Current Estimated Value
$388,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Outstanding Balance
$250,248
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$135,971

Purchase Details

Listed on
Mar 30, 2019
Closed on
Dec 13, 2019
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Morillo Edwin
Seller's Agent
Nicholas Verdi
KELLER WILLIAMS CITY VIEWS REALTY
Buyer's Agent
Nicholas Verdi
KELLER WILLIAMS CITY VIEWS REALTY
List Price
$109,900
Sold Price
$85,000
Premium/Discount to List
-$24,900
-22.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.29%

Purchase Details

Closed on
Oct 9, 2018
Sold by
Olivencia Jose
Bought by
Wilmington Savings Fund Society and Christiana Trust

Purchase Details

Closed on
Mar 6, 2008
Sold by
Rodriguez Nelva and Lopez Peter
Bought by
Olivencia Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 1999
Sold by
Esparragoza Augusto and Esparragoza Carmen
Bought by
Rodriguez Nelva and Lopez Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,718
Interest Rate
7.49%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Cuba Margarita $320,000 Sunnyside Title
Morillo Edwin $85,000 None Available
Wilmington Savings Fund Society -- Assured Title Agency
Olivencia Jose $160,000 --
Rodriguez Nelva $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuba Margarita $256,000
Previous Owner Olivencia Jose $152,000
Previous Owner Rodriguez Nelva $91,718
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $85,000 -22.7% $77 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $109,900 0.0% $100 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
09/13/2019 09/13/19 Price Changed $109,900 -4.4% $100 / Sq Ft
09/10/2019 09/10/19 For Sale $114,900 -17.9% $104 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
03/30/2019 03/30/19 For Sale $139,900 -- $127 / 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 $5,589 $114,000 $47,100 $66,900
2022 $5,292 $114,000 $47,100 $66,900
2021 $5,103 $114,000 $47,100 $66,900
2020 $5,816 $139,300 $47,100 $92,200
2019 $5,606 $135,600 $46,100 $89,500
2018 $5,788 $133,800 $45,700 $88,100
2017 $5,524 $132,800 $45,400 $87,400
2016 $6,070 $139,900 $47,500 $92,400
2015 $5,747 $139,900 $47,500 $92,400
2014 $6,499 $224,100 $128,200 $95,900
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Verdi

    Seller's Agent in 2019

    Nicholas Verdi

    KELLER WILLIAMS CITY VIEWS REALTY

    (973) 769-1009

    174 Total Sales

    Nicholas Verdi
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3543419

Garden State MLS

APN: 08-02107-0000-00021

New Jersey Passaic County Paterson 07524 Riverside

166 E 16th St, Paterson, NJ

This home is located at 166 E 16th St, Paterson, NJ 07524 since 30 March 2019 and is currently estimated at $388,665, approximately $353 per square foot. This property was built in 1950. 166 E 16th St 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.

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