197 Genessee Ave Paterson, NJ 07503
South Paterson NeighborhoodEstimated Value: $215,000 - $383,240
--
Bed
--
Bath
--
Sq Ft
2,134
Sq Ft Lot
About This Home
This home is located at 197 Genessee Ave, Paterson, NJ 07503 and is currently estimated at $299,120. 197 Genessee Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 3.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 11, 2023
Sold by
Genessee Associates Llc
Bought by
Gaeta Class A Recycling Center Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,523,500
Outstanding Balance
$12,293,934
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
-$11,994,814
Purchase Details
Closed on
May 27, 2008
Sold by
Ricardi Ricardo
Bought by
Genesse Associates Llc
Purchase Details
Closed on
Aug 23, 2005
Sold by
K&O Global Investments Llc
Bought by
Ricardi Ricardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
5.68%
Purchase Details
Closed on
Dec 21, 2004
Sold by
Abdelqader Khalil
Bought by
K & O Global Inv
Purchase Details
Closed on
Apr 18, 2003
Sold by
Abdelqader Steven
Bought by
Abdelqader Khalil and Abdelqader Othman
Purchase Details
Closed on
Dec 26, 2000
Sold by
Relocation Tiger
Bought by
Abdelqader Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
7.39%
Purchase Details
Closed on
Aug 28, 1998
Sold by
Pica Andrew and Riccardi Giovanni
Bought by
Granata Nicola and Granata Janel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
6.59%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gaeta Class A Recycling Center Llc | -- | Sage Title & Settlement Servic | |
| Gaeta Class A Recycling Center Llc | -- | Sage Title & Settlement Servic | |
| Genesse Associates Llc | $227,000 | -- | |
| Ricardi Ricardo | $248,000 | -- | |
| K & O Global Inv | $120,000 | -- | |
| Abdelqader Khalil | $90,000 | -- | |
| Abdelqader Steven | $79,000 | -- | |
| Granata Nicola | $118,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gaeta Class A Recycling Center Llc | $12,523,500 | |
| Closed | Gaeta Class A Recycling Center Llc | $12,523,500 | |
| Previous Owner | Ricardi Ricardo | $198,400 | |
| Previous Owner | Abdelqader Steven | $63,200 | |
| Previous Owner | Granata Nicola | $106,200 |
Source: Public Records
Tax History Compared to Growth
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 | $1,788 | $35,100 | $35,100 | -- |
| 2024 | $1,721 | $35,100 | $35,100 | $0 |
| 2022 | $1,629 | $35,100 | $35,100 | $0 |
| 2021 | $1,571 | $35,100 | $35,100 | $0 |
| 2020 | $1,465 | $35,100 | $35,100 | $0 |
| 2019 | $1,414 | $34,200 | $34,200 | $0 |
| 2018 | $1,467 | $33,900 | $33,900 | $0 |
| 2017 | $1,402 | $33,700 | $33,700 | $0 |
| 2016 | $1,536 | $35,400 | $35,400 | $0 |
| 2015 | $1,454 | $35,400 | $35,400 | $0 |
| 2014 | $7,853 | $270,800 | $135,900 | $134,900 |
Source: Public Records
Map
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