NOT LISTED FOR SALE

195 4th Ave Unit 197 Paterson, NJ 07514

Riverside Neighborhood

Estimated Value: $464,000 - $562,000

3 Beds
1 Bath
1,350 Sq Ft
$371/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $50,000 $37 Per Sq Ft

Est. 902% increase in value since last sale

Current estimated payment $3,308/month

55 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • 1 Car Detached Garage
  • Wood Flooring
  • L-Shaped Dining Room
  • Eat-In Kitchen

About This Home

As of August 2016

Total rehab needed all the way down to the 2 x 4s. Seller has removed IG oil tank and the property is free of any soil contamination. There was no remediation needed. Seller will entertain cash and renovation loans. Seller will carefully review offers for a non owner occupant submitting an offer as an owner occupant. Buyer and selling agent will have to sign an "owner occupant certification". This house is part of the Seller's First Look Initiative and will only consider owner occupant offers thru 6/8/16. Beginning on 6/9, investor offers will be considered if the house is still available.

Last Agent to Sell the Property

Don Fanelli

COLDWELL BANKER REALTY Listed on: 05/18/2016

COLDWELL BANKER REALTY

Last Buyer's Agent

Guido Barrantes

PROMISE LAND REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 50 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • Living Room
  • L-Shaped Dining Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2508-02409-0000-00024-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 195-197
  • Directions: River St. to 4th Ave.
  • I D: 4627667
  • Modified: 2021-09-23
  • Number Images: 1
  • First Name: DONALD
  • First Name3: GUIDO
  • Last Name: FANELLI
  • Last Name3: BARRANTES
  • Office Phone: 973-694-8000
  • Office Phone3: 973-253-7330
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl-Linoleum, Wood
  • Appliances: Range/Oven-Gas
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished, Full
  • Dining Room Level: First
  • Dining Area: Dining L
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: Second
  • Level 1 Rooms: Kitchen, Dining Room, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Estimated Sq Ft: 1350
  • Phone: 973-694-8000

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Sidewalk, Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 50 x 100
  • Assessed Improvement Value: 99900
  • Assessed Land Value: 60000
  • Assessment: 159900
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 24
  • Lot I D Tax: *
  • Total Acres: 0.11
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6568
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-02409-0000-00024-0000-
  • Tax Rate Amount: 4.108
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2018
Sold by
Secretary Of Housing & Urban Development
Bought by
Rivas Cronny
Current Estimated Value
$500,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$99,590
Interest Rate
4.56%
Estimated Equity
$401,315

Purchase Details

Listed on
May 18, 2016
Closed on
Aug 5, 2016
Sold by
Federal Home Loan Mortgag E Corporatio N
Bought by
Matos Ines
Seller's Agent
Don Fanelli
COLDWELL BANKER REALTY
Buyer's Agent
Guido Barrantes
PROMISE LAND REALTY
List Price
$30,000
Sold Price
$50,000
Premium/Discount to List
$20,000
66.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.75%
Interest Rate
3.43%

Purchase Details

Closed on
Feb 16, 2016
Sold by
Walton Brian K and Walton Lisa M
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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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
Rivas Cronny $150,000 --
Matos Ines $50,000 --
Federal Home Loan Mortgage Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matos Ines $115,000
Closed Matos Ines --
Previous Owner Matos Ines --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $50,000 +66.7% $37 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $30,000 -- $22 / 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 $7,841 $153,900 $63,300 $90,600
2024 $7,546 $153,900 $63,300 $90,600
2022 $7,144 $153,900 $63,300 $90,600
2021 $6,889 $153,900 $63,300 $90,600
2020 $6,425 $153,900 $63,300 $90,600
2019 $6,569 $158,900 $62,100 $96,800
2018 $6,787 $156,900 $61,600 $95,300
2017 $6,481 $155,800 $61,300 $94,500
2016 $6,938 $159,900 $60,000 $99,900
2015 $6,569 $159,900 $60,000 $99,900
2014 $8,581 $295,900 $184,800 $111,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Don Fanelli

    COLDWELL BANKER REALTY

    (973) 632-1449

    1 in this area

    41 Total Sales

    Don Fanelli
    Section Image
  • Guido Barrantes

    Buyer's Agent in 2016

    Guido Barrantes

    PROMISE LAND REALTY

    (973) 767-4157

    5 in this area

    18 Total Sales

    Guido Barrantes
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3308073

Garden State MLS

APN: 08-02409-0000-00024

New Jersey Passaic County Paterson 07514 Riverside

195 4th Ave Unit 197, Paterson, NJ

This home is located at 195 4th Ave Unit 197, Paterson, NJ 07514 since 18 May 2016 and is currently estimated at $500,905, approximately $371 per square foot. This property was built in 1930. 195 4th Ave Unit 197 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.

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