NOT LISTED FOR SALE

185 Michigan Ave Unit 187 Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $567,046 - $640,000

-- Bed
-- Bath
1,414 Sq Ft
$429/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $485,000 $343 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,033/month

10 Days on Market

About This Home

As of May 2022

This home is located at 185 Michigan Ave Unit 187, Paterson, NJ 07503 since 08 March 2022 and is currently estimated at $606,012, approximately $428 per square foot. 185 Michigan Ave Unit 187 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.

Last Agent to Sell the Property

Dawn Cortes

CHRISTIE'S INT. REAL ESTATE GROUP Brokerage Phone: 201-962-9555 Listed on: 03/08/2022

CHRISTIE'S INT. REAL ESTATE GROUP

Last Buyer's Agent

Josue Reyes

PRESTIGE PROPERTY GROUP MONTCLAIR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,103

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,103

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 5134581
  • Attribution Contact: 201-962-9555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
May 20, 2022
Sold by
Woollen Elisa V
Bought by
Henriquez Chabeli and Medrano Jonathan Cabrera
Seller's Agent
Dawn Cortes
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
Josue Reyes
PRESTIGE PROPERTY GROUP MONTCLAIR
List Price
$439,900
Sold Price
$485,000
Premium/Discount to List
$45,100
10.25%
Current Estimated Value
$606,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,012
Avg. Annual Appreciation
6.49%
Original Mortgage
$476,215
Outstanding Balance
$452,394
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$153,618

Purchase Details

Closed on
Sep 12, 2017
Sold by
Mascelli Angelo and Estate Of Mariantonia Mascelli
Bought by
Woollen Elisa V
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Henriquez Chabeli $485,000 Brindisi Nicholas S
Woollen Elisa V -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henriquez Chabeli $476,215
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $485,000 +10.3% $343 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $439,900 -- $311 / 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
2025 $10,103 $198,300 $51,800 $146,500
2024 $9,723 $198,300 $51,800 $146,500
2022 $9,205 $198,300 $51,800 $146,500
2021 $8,876 $198,300 $51,800 $146,500
2020 $8,279 $198,300 $51,800 $146,500
2019 $8,012 $193,800 $50,700 $143,100
2018 $8,263 $191,000 $50,200 $140,800
2017 $7,887 $189,600 $49,900 $139,700
2016 $8,432 $200,100 $52,500 $147,600
2015 $7,970 $200,100 $52,500 $147,600
2014 $7,705 $274,300 $118,800 $155,500
Source: Public Records

Agents Affiliated with this Home

  • Dawn Cortes

    Seller's Agent in 2022

    Dawn Cortes

    CHRISTIE'S INT. REAL ESTATE GROUP

    (551) 427-9674

    2 in this area

    35 Total Sales

    Dawn Cortes
    Section Image
  • Josue Reyes

    Buyer's Agent in 2022

    Josue Reyes

    PRESTIGE PROPERTY GROUP MONTCLAIR

    (973) 626-0234

    2 in this area

    42 Total Sales

    Josue Reyes
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3768045

Garden State MLS

APN: 08-07210-0000-00009

New Jersey Passaic County Paterson 07503 South Paterson

185 Michigan Ave Unit 187, Paterson, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes