NOT LISTED FOR SALE

176 Michigan Ave Unit 178 Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $370,000 - $474,000

3 Beds
1 Bath
1,008 Sq Ft
$417/Sq Ft Est. Value

About This Home

This home is located at 176 Michigan Ave Unit 178, Paterson, NJ 07503 and is currently estimated at $420,545, approximately $417 per square foot. 176 Michigan Ave Unit 178 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2023
Sold by
187 Michigan Ave Llc
Bought by
Thabatah Abed and Mosleh Eslam
Current Estimated Value
$399,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Outstanding Balance
$314,410
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$106,135

Purchase Details

Closed on
Dec 21, 2021
Sold by
Ortman Florence B
Bought by
187 Michigan Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2015
Sold by
St Thomas Syro Malabar Catholic Diocese
Bought by
St George Syro Malabar Catholic Church and St Thomas Syro Malabar Catholic Diocese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Thabatah Abed $340,000 Stewart Title
Thabatah Abed $340,000 Stewart Title
187 Michigan Ave Llc $285,000 Rally Point Title
St George Syro Malabar Catholic Church -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thabatah Abed $323,000
Closed Thabatah Abed $323,000
Previous Owner 187 Michigan Ave Llc $255,000
Previous Owner St George Syro Malabar Catholic Church $650,000
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
2024 $5,246 $107,000 $51,800 $55,200
2022 $4,967 $107,000 $51,800 $55,200
2021 $4,789 $107,000 $51,800 $55,200
2020 $4,467 $107,000 $51,800 $55,200
2019 $4,324 $104,600 $50,700 $53,900
2018 $4,728 $109,300 $50,200 $59,100
2017 $4,518 $108,600 $49,900 $58,700
2016 $4,718 $114,500 $52,500 $62,000
2015 $4,454 $114,500 $52,500 $62,000
2014 $8,401 $298,300 $218,800 $79,500
Source: Public Records

Map

New Jersey Passaic County Paterson 07503 South Paterson

176 Michigan Ave Unit 178, Paterson, NJ

This home is located at 176 Michigan Ave Unit 178, Paterson, NJ 07503 and is currently estimated at $420,545, approximately $417 per square foot. 176 Michigan Ave Unit 178 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

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