NOT LISTED FOR SALE

174 Sherman Ave Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $574,000 - $856,758

-- Bed
4 Baths
-- Sq Ft
3,746 Sq Ft Lot

Last Sold October 27, 2020

Last sale price $510,000

Est. 40% increase in value since last sale

Current estimated payment $3,961/month

59 Days on Market

About This Home

As of October 2020

This home is located at 174 Sherman Ave, Paterson, NJ 07502 since 06 January 2020 and is currently estimated at $715,379. 174 Sherman Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

Last Agent to Sell the Property

Ileana Chacon

RE/MAX PROPERTIES SELECT Brokerage Phone: 201-796-9400 Listed on: 01/06/2020

RE/MAX PROPERTIES SELECT

Last Buyer's Agent

ROSELYS RAMIREZ

NICHOLAS REAL ESTATE AGENCY

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,804

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 174
  • I D: 4953198
  • Modified: 2021-10-28
  • Number Images: 1
  • Attribution Contact: 201-796-9400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Oct 27, 2020
Sold by
North Jersey Holdings Vi Llc
Bought by
Reyes Kenia
Seller's Agent
Ileana Chacon
RE/MAX PROPERTIES SELECT
Buyer's Agent
ROSELYS RAMIREZ
NICHOLAS REAL ESTATE AGENCY
List Price
$549,000
Sold Price
$510,000
Premium/Discount to List
-$39,000
-7.1%
Current Estimated Value
$715,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,379
Avg. Annual Appreciation
8.18%
Original Mortgage
$478,225
Outstanding Balance
$426,316
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$322,254

Purchase Details

Closed on
Aug 14, 2019
Sold by
North Jersey Holdings Vi Llc
Bought by
New Jersey Holdings Vi Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Reyes Kenia $510,000 Advent Title Agency Llc
Reyes Kenia $510,000 Advent Title
New Jersey Holdings Vi Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Kenia $478,225
Closed Reyes Kenia $478,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $510,000 -7.1% --
03/05/2020 03/05/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $549,000 -- --
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
2025 $1,804 $35,400 $35,400 --
2024 $1,736 $35,400 $35,400 $0
2022 $1,643 $35,400 $35,400 $0
2021 $1,585 $35,400 $35,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Ileana Chacon

    Seller's Agent in 2020

    Ileana Chacon

    RE/MAX

    (973) 583-9822

    6 in this area

    24 Total Sales

    Ileana Chacon
    Section Image

  • R

    Buyer's Agent in 2020

    ROSELYS RAMIREZ

    NICHOLAS REAL ESTATE AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3608179

Garden State MLS

APN: 08 01012-0000-00031- 02

New Jersey Passaic County Paterson 07502 Totowa Section

174 Sherman Ave, Paterson, NJ

This home is located at 174 Sherman Ave, Paterson, NJ 07502 since 06 January 2020 and is currently estimated at $715,379. 174 Sherman Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

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