NOT LISTED FOR SALE

Estimated Value: $560,000 - $788,000

9 Beds
3 Baths
3,132 Sq Ft
$205/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $485,000 $155 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,637/month

21 Days on Market

About This Home

As of June 2023

Amazing opportunity to own a 3 family house in Paterson. 3 bedrooms and 1 bathroom in each unit. Fully occupied but current rents are below market. All tenants are current with their rents. Great investment to built your portfolio.

Last Agent to Sell the Property

Jason Miess

Weichert Realtors, Morristown Listed on: 02/23/2023

Weichert Realtors, Morristown

Last Buyer's Agent

Helen Santana

Keller Williams City Views Realty

Keller Williams City Views Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,689

Year Built

  • 1935

Lot Details

  • 3,101 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00020 / 00304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,689

Year Built

1935

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-539-8000
  • MLS Status: Sold - Sold
  • Directions: Cliff St to N 4th street
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1935

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 9

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 3101.0

Tax Info

  • Tax Annual Amount: 11689.0
  • Tax Block: 00304
  • Tax Lot: 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Jun 26, 2023
Sold by
Reynoso Elvis
Bought by
2 N 4Th Street Llc
Seller's Agent
Jason Miess
Weichert Realtors, Morristown
Buyer's Agent
Helen Santana
Keller Williams City Views Realty
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Total Days on Market
21
Views
303
Current Estimated Value
$642,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,737
Avg. Annual Appreciation
15.62%
Original Mortgage
$363,750
Outstanding Balance
$356,737
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$286,000

Purchase Details

Listed on
Aug 21, 2017
Closed on
Jan 17, 2018
Sold by
Rios Hilario
Bought by
Reynoso Elvis
Buyer's Agent
Juana urena
UNITED REAL ESTATE
List Price
$244,900
Sold Price
$250,000
Premium/Discount to List
$5,100
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$245,471
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
May 29, 2014
Closed on
May 28, 2014
Sold by
Carabetta Patricia and Szabo Edith
Bought by
Rios Hillario
Seller's Agent
CARA ANAYA
MODERN REALTY GROUP
Buyer's Agent
Alberto Mesones
NICHOLAS REAL ESTATE AGENCY
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$173,992
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2012
Sold by
Carabetta Patrica
Bought by
Carabetta Patricia and Szabo Edith

Purchase Details

Closed on
Nov 19, 2010
Sold by
Estrella Adalberto
Bought by
Carabetta Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,465
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2005
Sold by
Marte Richard
Bought by
Estrella Adalberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
1.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 22, 2005
Sold by
Haggett Glenn E
Bought by
Pagan Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
1.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 19, 2004
Sold by
Carrasco Iris
Bought by
Marte Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.88%

Purchase Details

Closed on
Oct 18, 2002
Sold by
Confesora Rosa
Bought by
Carrasco Iris and Guzman Juan

Purchase Details

Closed on
Feb 21, 1997
Sold by
Lawrie Roy
Bought by
Confesora Rosa and Tavarez Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
7.77%
Mortgage Type
FHA
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
2 N 4Th Street Llc $485,000 Stewart Title
Reynoso Elvis $250,000 Evident Title Agency Inc
Rios Hillario $180,000 Chicago Title Insurance Co
Carabetta Patricia $47,486 None Available
Carabetta Patricia $100,000 --
Estrella Adalberto $370,000 --
Pagan Carmen $206,000 --
Marte Richard $280,000 --
Carrasco Iris $190,000 --
Confesora Rosa $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2 N 4Th Street Llc $363,750
Previous Owner Reynoso Elvis $251,000
Previous Owner Reynoso Elvis $245,471
Previous Owner Rios Hilario $173,742
Previous Owner Rios Hillario $173,992
Previous Owner Carabetta Patricia $194,326
Previous Owner Carabetta Patricia $97,465
Previous Owner Estrella Adalberto $43,000
Previous Owner Estrella Adalberto $347,200
Previous Owner Estrella Adalberto $300,000
Previous Owner Estrella Adalberto $37,500
Previous Owner Estrella Adalberto $292,000
Previous Owner Pagan Carmen $164,800
Previous Owner Marte Richard $266,000
Previous Owner Confesora Rosa $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $485,000 -2.8% $155 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $499,000 +99.6% $159 / Sq Ft
01/17/2018 01/17/18 Sold $250,000 +2.1% $80 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $244,900 +36.1% $78 / Sq Ft
05/29/2014 05/29/14 Sold $180,000 -- $57 / Sq Ft
Source: New Jersey 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
2024 $12,346 $251,800 $34,500 $217,300
2022 $11,689 $251,800 $34,500 $217,300
2021 $11,271 $251,800 $34,500 $217,300
2020 $10,513 $251,800 $34,500 $217,300
2019 $10,182 $246,300 $34,000 $212,300
2018 $10,287 $237,800 $33,700 $204,100
2017 $9,818 $236,000 $33,500 $202,500
2016 $10,405 $239,800 $35,300 $204,500
2015 $9,851 $239,800 $35,300 $204,500
2014 $12,574 $433,600 $157,800 $275,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23005860

New Jersey MLS

APN: 08-00304-0000-00020