NOT LISTED FOR SALE

221 16th Ave Unit 2 Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $645,000 - $651,180

3 Beds
2 Baths
-- Sq Ft
2,526 Sq Ft Lot

About This Home

This home is located at 221 16th Ave Unit 2, Paterson, NJ 07501 and is currently estimated at $648,090. 221 16th Ave Unit 2 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
Mar 17, 2021
Sold by
Tetrad Investments Llc
Bought by
Thomas Marc and Campuzano Kelvin
Current Estimated Value
$648,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,114
Outstanding Balance
$428,389
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$219,701

Purchase Details

Closed on
Feb 24, 2020
Sold by
Peterson Michael
Bought by
Tetrad Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 1981
Bought by
Peterson Mary and Peterson Michael
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Thomas Marc $485,000 Simplicity Title Llc
Tetrad Investments Llc $90,000 Green Label Title
Peterson Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Marc $471,114
Previous Owner Tetrad Investments Llc $286,000
Previous Owner Peterson Michael $71,300
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 $1,084 $22,100 $22,100 $0
2022 $1,026 $22,100 $22,100 $0
2021 $989 $22,100 $22,100 $0
2020 $923 $22,100 $22,100 $0
2019 $901 $21,800 $21,800 $0
2018 $939 $21,700 $21,700 $0
2017 $899 $21,600 $21,600 $0
2016 $739 $22,800 $22,800 $0
2015 $687 $22,800 $22,800 $0
2014 $4,231 $154,500 $154,500 $0
Source: Public Records

Map

New Jersey Passaic County Paterson 07501 Eastside

221 16th Ave Unit 2, Paterson, NJ

This home is located at 221 16th Ave Unit 2, Paterson, NJ 07501 and is currently estimated at $648,090. 221 16th Ave Unit 2 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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