NOT LISTED FOR SALE

227 Paterson Ave Unit 229 Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $534,000 - $593,000

6 Beds
3 Baths
1,729 Sq Ft
$327/Sq Ft Est. Value

About This Home

This home is located at 227 Paterson Ave Unit 229, Paterson, NJ 07502 and is currently estimated at $565,660, approximately $327 per square foot. 227 Paterson Ave Unit 229 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2022
Sold by
Perez Elieser
Bought by
Chowdhury Abu Imran and Kashem Abul
Current Estimated Value
$565,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$334,243
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$231,417

Purchase Details

Closed on
Jun 30, 2017
Sold by
Ramadan Motez and Ramadan Vajihan
Bought by
Perez Elieser and Perez Cabrera Estelin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 1993
Bought by
Ramadan Motez
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chowdhury Abu Imran $460,000 Advent Title
Chowdhury Abu Imran $460,000 Advent Title
Perez Elieser $275,000 All Jersey Title Llc
Ramadan Motez $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chowdhury Abu Imran $345,000
Closed Chowdhury Abu Imran $345,000
Previous Owner Perez Elieser $311,250
Previous Owner Perez Elieser $311,250
Previous Owner Perez Elieser $270,019
Previous Owner Moody Andresa L $100,000
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
2025 $10,903 $214,000 $50,300 $163,700
2024 $10,492 $214,000 $50,300 $163,700
2022 $9,934 $214,000 $50,300 $163,700
2021 $9,579 $214,000 $50,300 $163,700
2020 $8,935 $214,000 $50,300 $163,700
2019 $8,553 $206,900 $47,000 $159,900
2018 $8,803 $203,500 $46,600 $156,900
2017 $6,011 $144,500 $46,300 $98,200
2016 $6,621 $152,600 $48,800 $103,800
2015 $6,269 $152,600 $48,800 $103,800
2014 $8,239 $284,100 $131,300 $152,800
Source: Public Records

Map

New Jersey Passaic County Paterson 07502 Totowa Section

227 Paterson Ave Unit 229, Paterson, NJ

This home is located at 227 Paterson Ave Unit 229, Paterson, NJ 07502 and is currently estimated at $565,660, approximately $327 per square foot. 227 Paterson Ave Unit 229 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

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.

Nearby Homes