NOT LISTED FOR SALE

205 Park Ave Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $533,000 - $680,372

-- Bed
-- Bath
2,561 Sq Ft
$244/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $475,000 $185 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,081/month

19 Days on Market

About This Home

As of July 2021

This home is located at 205 Park Ave, Paterson, NJ 07501 since 21 May 2021 and is currently estimated at $623,843, approximately $243 per square foot. 205 Park Ave is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.

Last Agent to Sell the Property

Nancy Pavic

CASA REAL PROPERTY GROUP LLC Brokerage Phone: 973-684-1110 Listed on: 05/21/2021

Last Buyer's Agent

JORGE OSORIA

CASA REAL PROPERTY GROUP LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,178

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,178

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 205
  • I D: 5073746
  • Modified: 2022-07-28
  • Number Images: 0
  • Attribution Contact: 973-684-1110
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X98
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 26, 2021
Sold by
Repulixe Holdings Llc
Bought by
Mendoza Jose R Lazo and Malave Carmen M
Seller's Agent
Nancy Pavic
CASA REAL PROPERTY GROUP LLC
Buyer's Agent
JORGE OSORIA
CASA REAL PROPERTY GROUP LLC
List Price
$439,900
Sold Price
$475,000
Premium/Discount to List
$35,100
7.98%
Current Estimated Value
$623,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,843
Avg. Annual Appreciation
5.84%
Original Mortgage
$466,396
Outstanding Balance
$429,220
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$168,895

Purchase Details

Listed on
Nov 7, 2019
Closed on
Sep 29, 2020
Sold by
Towerdi5wreov Llc
Bought by
Republixe Holding Llc
Seller's Agent
Nancy Pavic
CASA REAL PROPERTY GROUP LLC
Buyer's Agent
Nancy Pavic
CASA REAL PROPERTY GROUP LLC
List Price
$239,900
Sold Price
$190,000
Premium/Discount to List
-$49,900
-20.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
277.33%
Original Mortgage
$271,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 1986
Bought by
Ramadan Mahmoud and Ramadan Lafi
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
Mendoza Jose R Lazo $475,000 Chancellor Title Agency Inc
Republixe Holding Llc $190,000 Ctl Title Insurance Agcy Inc
Republixe Holding Llc $190,000 New Title Company Name
Ramadan Mahmoud $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Jose R Lazo $466,396
Previous Owner Republixe Holding Llc $271,500
Previous Owner Ramadan Mahmoud $202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $475,000 +8.0% $185 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $439,900 +131.5% $172 / Sq Ft
11/16/2020 11/16/20 Sold $190,000 0.0% $74 / Sq Ft
05/26/2020 05/26/20 Off Market $190,000 -- --
12/18/2019 12/18/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $239,900 -- $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
2024 $8,178 $166,800 $23,900 $142,900
2022 $7,743 $166,800 $23,900 $142,900
2021 $7,466 $166,800 $23,900 $142,900
2020 $6,964 $166,800 $23,900 $142,900
2019 $6,751 $163,300 $23,700 $139,600
2018 $6,965 $161,000 $23,600 $137,400
2017 $6,660 $160,100 $23,600 $136,500
2016 $7,337 $169,100 $24,800 $144,300
2015 $6,947 $169,100 $24,800 $144,300
2014 $11,351 $391,400 $151,200 $240,200
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nancy Pavic

    CASA REAL PROPERTY GROUP LLC

    (973) 684-1110

    52 in this area

    220 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    JORGE OSORIA

    CASA REAL PROPERTY GROUP LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3714347

Garden State MLS

APN: 08-04213-0000-00028

New Jersey Passaic County Paterson 07501 Eastside

205 Park Ave, Paterson, NJ

This home is located at 205 Park Ave, Paterson, NJ 07501 since 21 May 2021 and is currently estimated at $623,843, approximately $243 per square foot. 205 Park Ave is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.

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