NOT LISTED FOR SALE

218 Madison Ave Unit 2 Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $514,770 - $608,000

-- Bed
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold April 07, 2023

Last sale price $415,000

Est. 36% increase in value since last sale

Current estimated payment $3,824/month

39 Days on Market

About This Home

As of April 2023

This home is located at 218 Madison Ave Unit 2, Paterson, NJ 07524 since 14 December 2022 and is currently estimated at $562,693. 218 Madison Ave Unit 2 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

Last Agent to Sell the Property

Malik Crichlow

GOODBUY HOMES NJ REALTY Brokerage Phone: 973-843-9804 Listed on: 12/14/2022

Last Buyer's Agent

Rosa Ayala

A W VANWINKLE & CO.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,095

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,095

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 218
  • I D: 5193468
  • Modified: 2024-04-08
  • Number Images: 1
  • Attribution Contact: 973-843-9804
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Apr 6, 2023
Sold by
Durand Delia and Durand Joaquin
Bought by
Tresierra Marco A
Seller's Agent
Malik Crichlow
GOODBUY HOMES NJ REALTY
Buyer's Agent
Rosa Ayala
A W VANWINKLE & CO.
List Price
$389,000
Sold Price
$415,000
Premium/Discount to List
$26,000
6.68%
Views
93
Current Estimated Value
$562,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,693
Avg. Annual Appreciation
12.82%
Original Mortgage
$441,493
Outstanding Balance
$429,787
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$123,252

Purchase Details

Closed on
Nov 22, 2005
Sold by
Carranza Raquel P
Bought by
Durand Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Tresierra Marco A $420,000 Old Republic National Title
Tresierra Marco A $420,000 Old Republic National Title
Durand Delia $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tresierra Marco A $441,493
Closed Tresierra Marco A $441,493
Previous Owner Durand Delia $320,000
Previous Owner Durand Delia $313,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $415,000 +6.7% --
01/26/2023 01/26/23 Pending -- -- --
12/17/2022 12/17/22 For Sale $389,000 -- --
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 $9,095 $185,500 $56,900 $128,600
2022 $8,611 $185,500 $56,900 $128,600
2021 $8,303 $185,500 $56,900 $128,600
2020 $7,745 $185,500 $56,900 $128,600
2019 $7,499 $181,400 $55,800 $125,600
2018 $7,744 $179,000 $55,400 $123,600
2017 $7,392 $177,700 $55,100 $122,600
2016 $7,966 $183,600 $54,000 $129,600
2015 $7,542 $183,600 $54,000 $129,600
2014 $8,158 $281,300 $125,300 $156,000
Source: Public Records

Agents Affiliated with this Home

  • Malik Crichlow

    Seller's Agent in 2023

    Malik Crichlow

    GOODBUY HOMES NJ REALTY

    (973) 277-6745

    2 in this area

    35 Total Sales

    Malik Crichlow
    Section Image
  • Rosa Ayala

    Buyer's Agent in 2023

    Rosa Ayala

    A W VANWINKLE & CO.

    (973) 288-3290

    2 in this area

    41 Total Sales

    Rosa Ayala
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3821193

Garden State MLS

APN: 08-02401-0000-00016

New Jersey Passaic County Paterson 07514 Riverside

218 Madison Ave Unit 2, Paterson, NJ

This home is located at 218 Madison Ave Unit 2, Paterson, NJ 07524 since 14 December 2022 and is currently estimated at $562,693. 218 Madison Ave Unit 2 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

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