$480,000
SOLD OCT 7, 2024

23 Holsman St Unit 27 Paterson, NJ 07522

Northside Neighborhood
6 Beds
4 Baths
2,032 Sq Ft
4,273 Sq Ft Lot

Recently Sold

$236 Per Sq Ft

7% Above List Price

45 Days on Market

About This Home

As of October 2024

Double the opportunity, double the income! This incredible investment property features two fully-renovated units on a double lot at 23-27 Holsman St, Paterson, NJ. Each unit boasts a spacious open-concept living area, perfect for entertaining, 3 bedrooms, and 1.5 baths. One unit even has a bonus utility and laundry room for added convenience! With a total of 6 bedrooms, 4 baths, and ample living space, plus two-car parking and low taxes, this property is a dream for any investor.

Last Agent to Sell the Property

Corrado Giancaspro

Liberty Realty, LLC Listed on: 04/08/2024

Liberty Realty, LLC

Last Buyer's Agent

Dia Mulani

Redfin Corporation

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,884

Lot Details

  • 4,273 Sq Ft Lot
  • Lot Dimensions are 57x75

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00044 / 00215

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,884

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (201) 222-2900
  • MLS Status: Sold - Sold
  • Directions: Between Stout & Haledon
  • Architectural Style: 2 Family
  • Year Built Details: Pre 1900,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Dimensions: 57x75
  • Lot Size Sq Ft: 4273.0

Tax Info

  • Tax Annual Amount: 8884.0
  • Tax Block: 00215
  • Tax Lot: 00044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Absalan Alireza
Bought by
Iddrisu Alhassan
Current Estimated Value
$520,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2020
Closed on
Apr 15, 2021
Sold by
Pena Maniocatex
Bought by
Absalan Alireza
Seller's Agent
PAULA MARCELA POGORELEC
C-21 CEDARCREST REALTY
Buyer's Agent
BIANCA BOUCHER
THE THOMPSON REALTY GROUP
List Price
$338,000
Sold Price
$345,000
Premium/Discount to List
$7,000
2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$338,751
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 2019
Sold by
Moradi Isaac
Bought by
Pena Maniocatex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2018
Sold by
Selene Finance Lp
Bought by
Moradi Isaac

Purchase Details

Closed on
Mar 12, 2018
Sold by
Perry Darren J and Perry Darren J
Bought by
Selene Finance Lp

Purchase Details

Closed on
May 24, 2007
Sold by
King Emma and King William
Bought by
Perry Darren J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.17%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Bargain Sale Deed $480,000 Imperium Title
Bargain Sale Deed $345,000 Nuco Title Ins Agcy Inc
Deed $220,000 Simplicity Title Llc
Special Warranty Deed $86,750 Servicelink
Deed -- None Available
Deed $260,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $383,000 New Conventional
Previous Owner $338,751 FHA
Previous Owner $165,000 New Conventional
Previous Owner $216,218 FHA
Previous Owner $208,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $480,000 +6.7% $236 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $450,000 +30.4% $221 / Sq Ft
04/16/2021 04/16/21 Sold $345,000 +2.1% $170 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/02/2020 12/02/20 For Sale $338,000 -- $166 / Sq Ft
Source: New Jersey 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 $9,732 $198,500 $29,300 $169,200
2022 $9,214 $198,500 $29,300 $169,200
2021 $8,885 $198,500 $29,300 $169,200
2020 $8,287 $198,500 $29,300 $169,200
2019 $7,859 $190,100 $28,900 $161,200
2018 $8,142 $188,200 $29,600 $158,600
2017 $7,771 $186,800 $29,500 $157,300
2016 $8,574 $197,600 $31,300 $166,300
2015 $8,117 $197,600 $31,300 $166,300
2014 $6,537 $225,400 $100,000 $125,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 24010348

New Jersey MLS

APN: 08-00215-0000-00044