220 Spring St Paterson, NJ 07503
South Paterson NeighborhoodEstimated Value: $272,000 - $521,000
--
Bed
--
Bath
1,768
Sq Ft
$224/Sq Ft
Est. Value
About This Home
This home is located at 220 Spring St, Paterson, NJ 07503 and is currently estimated at $396,500, approximately $224 per square foot. 220 Spring St is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 3, 2021
Sold by
216 224 Spring Street Holdings Llc
Bought by
216 224 Spring Street Cv2020 Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,100,000
Interest Rate
2.8%
Mortgage Type
Construction
Purchase Details
Closed on
May 1, 2019
Sold by
220 Spring Holdings Llc
Bought by
216 224 Spring Street Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 28, 2018
Sold by
Tina Estates Llc
Bought by
220 Spring Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 3, 2017
Sold by
Velez Margaret and Estate Of Eugenio Gonzalez
Bought by
Tina Estates Llc
Purchase Details
Closed on
Aug 27, 1980
Bought by
Gonzalez Eugenio
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
216 224 Spring Street Cv2020 Llc | -- | Ans Title | |
216 224 Spring Street Holdings Llc | $3,500,000 | Multiple | |
220 Spring Holdings Llc | $120,000 | Sunrise Title Services Inc | |
Tina Estates Llc | $90,000 | Passaic Valley Title Service | |
Gonzalez Eugenio | $6,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Spring Lafayette Holdings Llc | $37,822,000 | |
Closed | 216-224 Spring Street Cv2020 L | $16,040,000 | |
Closed | 216 224 Spring Street Cv2020 Llc | $9,100,000 | |
Previous Owner | 216 224 Spring Street Holdings Llc | $1,000,000 | |
Previous Owner | 216 224 Spring Street Holdings Llc | $5,000,000 | |
Previous Owner | 220 Spring Holdings Llc | $312,000 |
Source: Public Records
Tax History Compared to Growth
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 | $1,875 | $36,800 | $36,800 | -- |
2024 | $1,804 | $36,800 | $36,800 | $0 |
2022 | $6,011 | $36,800 | $36,800 | $0 |
2021 | $6,011 | $134,300 | $36,800 | $97,500 |
2020 | $5,607 | $134,300 | $36,800 | $97,500 |
2019 | $5,436 | $131,500 | $36,300 | $95,200 |
2018 | $5,611 | $129,700 | $36,000 | $93,700 |
2017 | $5,167 | $124,200 | $35,800 | $88,400 |
2016 | $5,693 | $131,200 | $37,700 | $93,500 |
2015 | $5,390 | $131,200 | $37,700 | $93,500 |
2014 | $7,218 | $248,900 | $133,700 | $115,200 |
Source: Public Records
Map
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