NOT LISTED FOR SALE

197 Sussex St Unit 199 Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $492,000 - $554,000

3 Beds
2 Baths
1,556 Sq Ft
$333/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $166,000 $107 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $3,399/month

40 Days on Market

About This Home

As of May 2018

GREAT POSSIBILITIES! GREAT LOCATION, HOUSE NEEDS YOUR FINISHING TOUCHES TO CUSTOMIZE IT.3 BEDROOMS AND 50X100 LOT WITH DRIVEWAY. ALL CERT/INSPEC RESP O FBUYER HOUSE HAS BEEN VANDALIZED AND BEING SOLD AS IS

Last Agent to Sell the Property

Marie Kahvajian

FAST TRACK REAL ESTATE CO LLC Listed on: 03/11/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,506

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Aluminum Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 2508-05409-0000-00047-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,506

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 197-199
  • Directions: MAIN TO LEVINE TO SUSSEX
  • I D: 4784861
  • Modified: 2021-09-23
  • Number Images: 5
  • First Name: MARIE
  • First Name3: UNKNOWN
  • Last Name: KAHVAJIAN
  • Last Name3: AGENT
  • Office Phone: 201-445-2000
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Rooms: 6
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Phone: 201-445-2000

Exterior Features

  • Exterior Description: Aluminum Siding

Garage/Parking

  • Parking Driveway Description: 1 Car Width

Utilities

  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 113600
  • Assessed Land Value: 42800
  • Assessment: 156400
  • Easement: Unknown
  • Lot Identifier: 47
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6506
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-05409-0000-00047-0000-
  • Tax Rate Amount: 4.160
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2019
Sold by
Morales Edwin
Bought by
Joaquin Peter
Current Estimated Value
$518,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,101
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 11, 2018
Closed on
May 3, 2018
Sold by
U S Bank National Association
Bought by
Morales Edwin
Seller's Agent
Marie Kahvajian
FAST TRACK REAL ESTATE CO LLC
List Price
$145,600
Sold Price
$166,000
Premium/Discount to List
$20,400
14.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.43%
Original Mortgage
$172,200
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2017
Sold by
Guevara Ruth and Moreno Cecilia
Bought by
U S Bank Na and J P Morgan Alternative Loan Trust

Purchase Details

Closed on
Jan 17, 2006
Sold by
Moreno Manuel J
Bought by
Guevara Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
6.16%

Purchase Details

Closed on
Dec 29, 2000
Sold by
Trommelen Thomas
Bought by
Moreno Manuel and Moreno Aide

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,750
Interest Rate
7.39%
Source: Public Records

Range of Values:

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
Joaquin Peter $349,900 Jersey Coast Title Agency
Morales Edwin $166,000 Paradigm Title Group Llc
U S Bank Na -- None Available
Guevara Ruth $292,000 --
Moreno Manuel $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joaquin Peter $331,101
Previous Owner Morales Edwin $172,200
Previous Owner Guevara Ruth $233,600
Previous Owner Moreno Manuel $104,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2018 05/07/18 Sold $166,000 +14.0% $107 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
03/11/2018 03/11/18 For Sale $145,600 -- $94 / 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 $8,254 $162,000 $43,800 $118,200
2024 $7,943 $162,000 $43,800 $118,200
2022 $7,520 $162,000 $43,800 $118,200
2021 $7,251 $162,000 $43,800 $118,200
2020 $6,764 $162,000 $43,800 $118,200
2019 $6,565 $158,800 $43,300 $115,500
2018 $6,775 $156,600 $43,000 $113,600
2017 $6,506 $156,400 $42,800 $113,600
2016 $7,164 $165,100 $45,000 $120,100
2015 $6,782 $165,100 $45,000 $120,100
2014 $9,245 $318,800 $184,500 $134,300
Source: Public Records

Agents Affiliated with this Home

  • Marie Kahvajian

    Seller's Agent in 2018

    Marie Kahvajian

    FAST TRACK REAL ESTATE CO LLC

    (201) 538-1085

    67 Total Sales

    Marie Kahvajian
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3452832

Garden State MLS

APN: 08-05409-0000-00047

New Jersey Passaic County Paterson 07503 South Paterson

197 Sussex St Unit 199, Paterson, NJ

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