NOT LISTED FOR SALE

216 Park Ave Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $489,000 - $586,000

-- Bed
-- Bath
2,170 Sq Ft
$246/Sq Ft Est. Value

About This Home

This home is located at 216 Park Ave, Paterson, NJ 07501 and is currently estimated at $533,984, approximately $246 per square foot. 216 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Ho Property Llc
Bought by
Ho Property Llc
Current Estimated Value
$533,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,650,000
Outstanding Balance
$3,624,898
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$3,136,878

Purchase Details

Closed on
Oct 13, 2014
Sold by
Wells Fargo Bank Na
Bought by
Ho Property Llc

Purchase Details

Closed on
Mar 24, 2014
Sold by
Francisco Concepcion and Gonzalez James
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 25, 2006
Sold by
Perez Robinson
Bought by
Concepcion Gonzalez James and Concepcion Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
8.22%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 29, 2006
Sold by
Arsacia Rosa
Bought by
Perez Robinson and Azcona Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.71%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 20, 2001
Sold by
Mel Martinez Sec
Bought by
Arsacia Rosa and Grullon Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,450
Interest Rate
7.14%

Purchase Details

Closed on
Nov 19, 1996
Sold by
Santana Santos and Santana Antonia
Bought by
Hernandez Hrnandez Daniel and Hernandez Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.75%
Mortgage Type
FHA
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.

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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.

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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.

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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
Ho Property Llc -- First American Title
Ho Property Llc $52,500 Coastal Title Agency Inc
Wells Fargo Bank Na -- None Available
Concepcion Gonzalez James $415,000 --
Perez Robinson $340,000 --
Arsacia Rosa $127,150 --
Hernandez Hrnandez Daniel $128,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Property Llc $3,650,000
Previous Owner Ho Property Llc $1,600,000
Previous Owner Concepcion Gonzalez James $332,000
Previous Owner Perez Robinson $68,000
Previous Owner Perez Robinson $272,000
Previous Owner Arsacia Rosa $137,450
Previous Owner Hernandez Hrnandez Daniel $129,000
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
2024 $7,938 $161,900 $15,200 $146,700
2022 $7,515 $161,900 $15,200 $146,700
2021 $7,247 $161,900 $15,200 $146,700
2020 $6,759 $161,900 $15,200 $146,700
2019 $6,540 $158,200 $14,900 $143,300
2018 $6,749 $156,000 $14,900 $141,100
2017 $4,197 $100,900 $14,800 $86,100
2016 $4,625 $106,600 $15,600 $91,000
2015 $4,379 $106,600 $15,600 $91,000
2014 $10,092 $348,000 $138,800 $209,200
Source: Public Records

Map

New Jersey Passaic County Paterson 07501 Eastside

216 Park Ave, Paterson, NJ

This home is located at 216 Park Ave, Paterson, NJ 07501 and is currently estimated at $533,984, approximately $246 per square foot. 216 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.

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.

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