NOT LISTED FOR SALE

240 Cumberland Ave Unit 242 Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $430,066 - $481,000

2 Beds
3 Baths
1,028 Sq Ft
$444/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $265,000 $258 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,221/month

4 Days on Market

Highlights

  • Raised Ranch Architecture
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage

About This Home

As of October 2019

Very good location in Hillcrest section. Totowa border. Confortable and well kept one family. All hardwood floors. Master bedroom with 1/2 bath. Kitchen with granite counter. Finished basement with recreation room and 1/2 bath. Large backyard. Low, Low taxes

Last Agent to Sell the Property

Florencio Lopez

UNICASA UNION REALTY INC Listed on: 08/16/2019

Last Buyer's Agent

Florencio Lopez

UNICASA UNION REALTY INC Listed on: 08/16/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,202

Year Built

  • Built in 1958

Lot Details

  • 4,792

Parking

  • 1 Car Attached Garage

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window

Additional Features

  • Eat-In Kitchen
  • Basement Fills Entire Space Under The House
  • 4,792 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2508-01601-0000-00025-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,202

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Style: Raised Ranch
  • Primary Style: Raised Ranch
  • Subproperty Type: Single Family
  • Year Built: 1958
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 240-242
  • Directions: Chamberlain Ave to Cumberland Ave
  • I D: 4911713
  • Modified: 2021-09-23
  • Number Images: 16
  • First Name: FLORENCIO R.
  • First Name3: FLORENCIO R.
  • Last Name: LOPEZ
  • Last Name3: LOPEZ
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector, Refrigerator, CookGas, Washer, Dryer
  • Number Rooms: 5
  • Bedrooms: 2
  • Bathrooms: 1.20
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Kitchen Area: Eat-In Kitchen
  • Phone: 973-942-4300

Exterior Features

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

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 86800
  • Assessed Land Value: 82100
  • Assessment: 168900
  • Easement: Unknown
  • Lot Identifier: 25
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7202
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-01601-0000-00025-0000-
  • Tax Rate Amount: 4.326
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2020
Sold by
Lievara Maria E Lopez and Royo David
Bought by
Lievara Maria E Lopez
Current Estimated Value
$456,267

Purchase Details

Listed on
Aug 16, 2019
Closed on
Oct 29, 2019
Sold by
Leveratto Jorge and Leveratto Maria T
Bought by
Lopez Llewara Maria E and Royo David
Seller's Agent
Florencio Lopez
UNICASA UNION REALTY INC
Buyer's Agent
Florencio Lopez
UNICASA UNION REALTY INC
List Price
$269,000
Sold Price
$265,000
Premium/Discount to List
-$4,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$185,000
Outstanding Balance
$163,264
Interest Rate
3.65%
Estimated Equity
$293,003
Source: Public Records

Range of Values:

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Average Value
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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
Lievara Maria E Lopez -- Title Masters Llc
Lopez Llewara Maria E $265,000 Title Masters Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Llewara Maria E $185,000
Previous Owner Leveratto Maria $203,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2019 10/29/19 Sold $265,000 -1.5% $258 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $269,000 -- $262 / 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 $8,814 $173,000 $83,800 $89,200
2024 $8,482 $173,000 $83,800 $89,200
2022 $8,031 $173,000 $83,800 $89,200
2021 $7,743 $173,000 $83,800 $89,200
2020 $7,223 $173,000 $83,800 $89,200
2019 $6,982 $168,900 $82,100 $86,800
2018 $7,203 $166,500 $81,300 $85,200
2017 $6,872 $165,200 $80,800 $84,400
2016 $8,274 $190,700 $85,000 $105,700
2015 $7,834 $190,700 $85,000 $105,700
2014 $6,960 $240,000 $150,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2019

    Florencio Lopez

    UNICASA UNION REALTY INC

    (201) 396-2359

    11 in this area

    64 Total Sales

    Florencio Lopez
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3581023

Garden State MLS

APN: 08-01601-0000-00025

New Jersey Passaic County Paterson 07502 Hillcrest

240 Cumberland Ave Unit 242, Paterson, NJ

This home is located at 240 Cumberland Ave Unit 242, Paterson, NJ 07502 since 16 August 2019 and is currently estimated at $456,267, approximately $443 per square foot. This property was built in 1958. 240 Cumberland Ave Unit 242 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.

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