$495,000
SOLD NOV 15, 2024

166 N 12th St Prospect Park, NJ 07508

5 Beds
2 Baths
1,872 Sq Ft
7,200 Sq Ft Lot

Recently Sold

$264 Per Sq Ft

6% Below List Price

227 Days on Market

About This Home

As of November 2024

Welcome to your next investment opportunity or dream home at 166 North 12th Street, Prospect Park! This two-family residence boasts a total of 1,860 sq ft of living space, featuring five bedrooms, two bathrooms, and ample off-street parking. Perfectly situated near the vibrant Paterson Downtown Business District , major public commuter lines,convenient shopping and dining,also located close to schools,houses of worship and close to Hofstra Park Recreation Area for outdoor enjoyment. Don't miss out on this prime location offering both convenience and comfort! being sold as is and buyer is responsible to apply for and obtain all required municipal certs to close all offers must be accompanied by proof of funds and pre approval no older than 30 days

Last Agent to Sell the Property

Nicholas Verdi

Keller Williams City Views Realty Listed on: 03/22/2024

Keller Williams City Views Realty

Last Buyer's Agent

Socrates Olivero

Coldwell Banker, Clifton

Coldwell Banker, Clifton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,137

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in unit
  • 7,200 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00011 / 00028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,137

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (201) 559-5770
  • MLS Status: Sold - Sold
  • Directions: Brown Ave to N. 12th Street
  • Architectural Style: 2 Family
  • Year Built Details: 1960's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Transaction Broker, Seller Disclosure - No

Utilities

  • Utilities: Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 7200.0

Tax Info

  • Tax Annual Amount: 13137.0
  • Tax Block: 00028
  • Tax Lot: 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Oct 30, 2024
Sold by
Lsf9 Master Participation Trust and Us Bank Trust Na
Bought by
Camilo Elisa
Seller's Agent
Nicholas Verdi
Keller Williams City Views Realty
Buyer's Agent
Socrates Olivero
Coldwell Banker, Clifton
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Views
263
Current Estimated Value
$523,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,808
Avg. Annual Appreciation
9.89%

Purchase Details

Closed on
Aug 7, 2017
Sold by
Vassel Desmond and Vassel Mary
Bought by
U S Bank Tr N A and Lsf9 Master Participation Trusts

Purchase Details

Closed on
Jun 14, 2002
Sold by
Dauti Perviz
Bought by
Vassel Desmond and Marva Vassel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,900
Interest Rate
6.92%
Source: Public Records

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Range of Values:

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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 $495,000 Coastal Title Agency
Sheriffs Deed -- Terra Abstrct Inc
Deed $280,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $384,000 New Conventional
Previous Owner $293,000 Adjustable Rate Mortgage/ARM
Previous Owner $263,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $495,000 -1.0% $264 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $499,900 -4.8% $267 / Sq Ft
09/12/2024 09/12/24 For Sale $525,000 0.0% $280 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $525,000 -- $280 / 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
2024 $13,137 $237,900 $70,200 $167,700
2022 $12,672 $237,900 $70,200 $167,700
2021 $12,849 $237,900 $70,200 $167,700
2020 $11,835 $226,300 $70,200 $156,100
2019 $11,713 $226,300 $70,200 $156,100
2018 $11,598 $226,300 $70,200 $156,100
2017 $11,435 $226,300 $70,200 $156,100
2016 $11,286 $226,300 $70,200 $156,100
2015 $10,672 $226,300 $70,200 $156,100
2014 $14,881 $225,400 $65,500 $159,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24008613

New Jersey MLS

APN: 10-00028-0000-00011