NOT LISTED FOR SALE

196 N 1st St Unit 198 Paterson, NJ 07522

Northside Neighborhood

Estimated Value: $408,602 - $566,000

-- Bed
-- Bath
1,552 Sq Ft
$302/Sq Ft Est. Value

About This Home

This home is located at 196 N 1st St Unit 198, Paterson, NJ 07522 and is currently estimated at $468,151, approximately $301 per square foot. 196 N 1st St Unit 198 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2025
Sold by
Paterson Falls Realty Group Llc
Bought by
Pat Res 25 Llc
Current Estimated Value
$468,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$479,181
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$11,030

Purchase Details

Closed on
Nov 2, 2021
Sold by
Jcm Properties Ix Llc
Bought by
Paterson Falls Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,711,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2018
Sold by
Jcm Properties Viii Llc
Bought by
Jcm Properties Ix Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,195,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2014
Sold by
Jcm Investors 2012 Llc
Bought by
Jcm Properties Fk2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,628,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2014
Sold by
Tlr V Llc
Bought by
Jcm Investors 1012 Llc

Purchase Details

Closed on
Jul 17, 1997
Sold by
Heweitt Albert
Bought by
Sisco Arthur
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
Pat Res 25 Llc $650,000 Catic Title
Pat Res 25 Llc $650,000 Catic Title
Paterson Falls Realty Group Llc -- New Title Company Name
Paterson Falls Realty Grp Llc -- New Title Company Name
Jcm Properties Ix Llc -- Wfg Natl Title Ins Co
Jcm Properties Fk2 Llc -- None Available
Jcm Investors 1012 Llc $30,000 Multiple
Sisco Arthur $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pat Res 25 Llc $480,000
Previous Owner Paterson Falls Realty Group Ll $100,000
Previous Owner Jcm Properties Ix Llc $1,711,000
Previous Owner Jcm Properties Ix Llc $3,195,000
Previous Owner Jcm Properties Viii Llc $225,000
Previous Owner Jcm Properties Viii Llc $1,000,000
Previous Owner Jcm Properties Fk2 Llc $156,000
Previous Owner Jcm Properties Fk2 Llc $3,628,000
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 $6,165 $121,000 $17,400 $103,600
2024 $5,933 $121,000 $17,400 $103,600
2022 $5,617 $121,000 $17,400 $103,600
2021 $5,416 $121,000 $17,400 $103,600
2020 $5,052 $121,000 $17,400 $103,600
2019 $4,891 $118,300 $17,100 $101,200
2018 $5,053 $116,800 $17,200 $99,600
2017 $4,821 $115,900 $17,100 $98,800
2016 $5,315 $122,500 $18,100 $104,400
2015 $5,032 $122,500 $18,100 $104,400
2014 $5,867 $202,300 $110,000 $92,300
Source: Public Records

Map

New Jersey Passaic County Paterson 07522 Northside

196 N 1st St Unit 198, Paterson, NJ

This home is located at 196 N 1st St Unit 198, Paterson, NJ 07522 and is currently estimated at $468,151, approximately $301 per square foot. 196 N 1st St Unit 198 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

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