NOT LISTED FOR SALE

175 Broadway Unit 305 Paterson, NJ 07505

Downtown Paterson Neighborhood

Estimated Value: $257,099 - $312,000

1 Bed
1 Bath
717 Sq Ft
$409/Sq Ft Est. Value

About This Home

This home is located at 175 Broadway Unit 305, Paterson, NJ 07505 and is currently estimated at $293,025, approximately $408 per square foot. 175 Broadway Unit 305 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2025
Sold by
Mc 14 Condo 1121 Llc
Bought by
Mc 175 Broadway Llc
Current Estimated Value
$293,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,795,334
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$1,502,309

Purchase Details

Closed on
Nov 10, 2021
Sold by
Jcm Properties Ix Llc
Bought by
Mc 14 Condo 1121 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,924,000
Interest Rate
3.14%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mc 175 Broadway Llc -- None Listed On Document
Mc 175 Broadway Llc -- None Listed On Document
Mc 14 Condo 1121 Llc -- Os National Resware
Mc 14 Condo 1121 Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mc 175 Broadway Llc $1,800,000
Closed Mc 175 Broadway Llc $1,800,000
Previous Owner Mc 14 Condo 1121 Llc $1,924,000
Source: Public Records

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 $3,852 $75,600 $24,700 $50,900
2024 $3,707 $75,600 $24,700 $50,900
2022 $3,384 $75,600 $24,700 $50,900
2021 $3,384 $75,600 $24,700 $50,900
2020 $3,156 $75,600 $24,700 $50,900
2019 $3,034 $73,400 $24,000 $49,400
2018 $3,119 $72,100 $23,700 $48,400
2017 $3,998 $96,100 $23,500 $72,600
2016 $4,877 $112,400 $25,000 $87,400
2015 $3,693 $89,900 $20,000 $69,900
2014 $510 $17,600 $4,400 $13,200
Source: Public Records

Map

New Jersey Passaic County Paterson 07501 Downtown Paterson

175 Broadway Unit 305, Paterson, NJ

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