NOT LISTED FOR SALE

222 Spring St Unit 224 Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $242,000 - $494,000

2 Beds
2 Baths
1,932 Sq Ft
$190/Sq Ft Est. Value

Last Sold January 11, 2017

Last sale price $72,000 $37 Per Sq Ft

Est. 411% increase in value since last sale

Current estimated payment $2,128/month

223 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Living Room
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

As of January 2017

1 family home w/2 bedr., 2 baths and 2 car garage. Not a short sale !!!

Last Agent to Sell the Property

ROSE PALUMBO

UNICASA UNION REALTY INC Listed on: 03/01/2016

Last Buyer's Agent

ROSE PALUMBO

UNICASA UNION REALTY INC Listed on: 03/01/2016

Home Details

Home Type

  • Single Family

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2508-05808-0000-00005-0000-

Home Details

Home Type

Single Family

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 9999
  • Year Built Description: Unknown
  • County Name: Passaic
  • Directions: Main Ave. to Washington Ave. to Spring St.
  • I D: 4603927
  • First Name: ROSE
  • First Name3: ROSE
  • Last Name: PALUMBO
  • Last Name3: PALUMBO
  • Office Phone: 973-942-4300
  • Office Phone3: 973-942-4300
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven-Gas
  • Interior Amenities: Smoke Detector
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Level 1 Rooms: 1 Bedroom, Living Room, Bath Main, Kitchen
  • Level 2 Rooms: 1 Bedroom, Bath Main
  • Phone: 973-942-4300

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water

Lot Info

  • Lot Size: 85X80
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.16

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5512
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-05808-0000-00005-0000-
  • Tax Rate Amount: 4.108
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

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
$368,000

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
Outstanding Balance
$8,171,264
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
-$7,803,264

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
Caggia Realty Corp
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

Listed on
Mar 1, 2016
Closed on
Dec 29, 2016
Sold by
Amato Gesualda
Bought by
Caggia Realty Corp
Seller's Agent
ROSE PALUMBO
UNICASA UNION REALTY INC
Buyer's Agent
ROSE PALUMBO
UNICASA UNION REALTY INC
List Price
$200,000
Sold Price
$72,000
Premium/Discount to List
-$128,000
-64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.09%

Purchase Details

Closed on
Oct 2, 1979
Bought by
Amato Joseph and Amato Gesualda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
216 224 Spring Street Cv2020 Llc -- Ans Title
216 224 Spring Street Holdings Llc $3,500,000 Multiple
220 Spring Holdings Llc $100,000 Sunrise Title Services Inc
Caggia Realty Corp $72,000 None Available
Amato Joseph $11,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 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

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2017 01/11/17 Sold $72,000 -64.0% $37 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $200,000 -- $104 / 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
2025 $2,308 $45,300 $45,300 --
2024 $2,221 $45,300 $45,300 $0
2022 $2,408 $45,300 $45,300 $0
2021 $2,408 $53,800 $45,300 $8,500
2020 $2,246 $53,800 $45,300 $8,500
2019 $2,195 $53,100 $44,800 $8,300
2018 $2,280 $52,700 $44,500 $8,200
2017 $5,287 $127,100 $44,300 $82,800
2016 $5,823 $134,200 $46,700 $87,500
2015 $5,513 $134,200 $46,700 $87,500
2014 $4,298 $148,200 $86,800 $61,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    ROSE PALUMBO

    UNICASA UNION REALTY INC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3286081

Garden State MLS

APN: 08-05808-0000-00005

New Jersey Passaic County Paterson 07503 South Paterson

222 Spring St Unit 224, Paterson, NJ

Not Listed for Sale

Detached

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