NOT LISTED FOR SALE

240 Madison Ave Unit 244 Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $578,171

3 Beds
1 Bath
1,303 Sq Ft
$444/Sq Ft Est. Value

Sale Details

Date Sold: January 12, 2018

Last sale price $250,000 $192 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $4,318 / mo

13 Days on Market

Highlights

  • Chalet
  • Formal Dining Room
  • 2 Car Detached Garage

About This Home

As of January 2018

BEAUTIFUL HOME WITH FRESHLY RENOVATED HARDWOOD FLOORS AND KITCHEN. SPACIOUS WITH PLENTY OF ROOM FOR NICE FURNITURE. BONUS ROOM IN THE TOP LEVEL WITH PLENTY OF STORAGE.

Last Agent to Sell the Property

HERNAN CASTRO

THE REAL ESTATE COMPANY Listed on: 08/08/2017

Last Buyer's Agent

Guido Barrantes

PROMISE LAND REALTY

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,957

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Chalet
  • Cottage
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Mock Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Radiator

Listing and Financial Details

  • Assessor Parcel Number 2508-02401-0000-00022-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,957

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Style: Chalet, Cottage
  • Primary Style: Chalet
  • Subproperty Type: Single Family
  • Year Built Description: Unknown
  • County Name: Passaic
  • Directions: TAKE 5TH AVENUE TO MADISON AVENUE.
  • I D: 4737652
  • First Name: HERNAN
  • First Name3: GUIDO
  • Last Name: CASTRO
  • Last Name3: BARRANTES
  • Office Phone: 908-686-7800
  • Office Phone3: 973-253-7330
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Imitation, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector
  • Bedrooms: 3
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Area: Formal Dining Room
  • Kitchen Area: Not Eat-In Kitchen, Separate Dining Area
  • Phone: 908-233-9292

Exterior Features

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

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Heating: Radiators - Hot Water, Radiators - Steam
  • Sewer: Public Sewer
  • Water: Public Water

Lot Info

  • Lot Size: 75X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7957
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-02401-0000-00022-0000-
  • Tax Rate Amount: 4.339
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Nov 21, 2017
Sold by
Carrington Mortgage Servicxes Llc
Bought by
Seller's Agent
HERNAN CASTRO
THE REAL ESTATE COMPANY
Buyer's Agent
Guido Barrantes
PROMISE LAND REALTY
List Price
$219,900
Sold Price
$250,000
Premium/Discount to List
$30,100
13.69%
Current Estimated Value
$578,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,171
Avg. Annual Appreciation
10.10%
Original Mortgage
$241,656
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2007
Sold by
Solano Erick D
Bought by
Garcia Eric A Flores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2004
Sold by
Higgins William
Bought by
Solano Erick
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Riverside, NJ

  • Annette Rubin Real Estate Agent - EXIT ON THE HUDSON REALTY

    Annette Rubin

    Responds Quickly

    EXIT ON THE HUDSON REALTY

    (646) 576-7108

    34 Total Sales

    1 in Riverside

    $120,000 Price

    Annette Rubin
     Section Image
  • Mary Contini Real Estate Agent - Coldwell Banker, Upper Montclair

    Mary Contini

    Coldwell Banker, Upper Montclair

    (862) 465-9321

    89 Total Sales

    4 in Riverside

    $550K - $675K Price Range

    Mary Contini
     Section Image
  • TOVIA LICHTMAN Real Estate Agent - KELLER WILLIAMS MID-TOWN DIRECT REALTY

    TOVIA LICHTMAN

    KELLER WILLIAMS MID-TOWN DIRECT REALTY

    (866) 614-1061

    310 Total Sales

    1 in Riverside

    $520,000 Price

    TOVIA LICHTMAN
     Section Image
  • David Vanegas Real Estate Agent - EXP Realty, LLC

    David Vanegas

    EXP Realty, LLC

    (862) 829-3004

    98 Total Sales

    10 in Riverside

    $265K - $850K Price Range

    David Vanegas
     Section Image
  • Monica Henriques Real Estate Agent - RE/MAX LIFETIME REALTORS

    Monica Henriques

    RE/MAX LIFETIME REALTORS

    (973) 846-1334

    8 Total Sales

    1 in Riverside

    $450,000 Price

    Monica Henriques
     Section Image
  • Fernando Leyva Real Estate Agent - Compass New Jersey, LLC-Ridgewood

    Fernando Leyva

    Compass New Jersey, LLC-Ridgewood

    (551) 303-7085

    96 Total Sales

    2 in Riverside

    $750,000 Price Range

    Fernando Leyva
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$250,000 Altor Abstract Co Inc
Garcia Eric A Flores $515,000 --
Solano Erick $290,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $241,656
Previous Owner Garcia Eric A Flores $463,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $250,000 +13.7% $192 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $219,900 -- $169 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,351 $541,500 $232,900 $308,600
2025 $12,351 $231,500 $60,900 $170,600
2024 $11,350 $231,500 $60,900 $170,600
2022 $10,746 $231,500 $60,900 $170,600
2021 $10,362 $231,500 $60,900 $170,600
2020 $9,665 $231,500 $60,900 $170,600
2019 $9,364 $226,500 $59,900 $166,600
2018 $7,722 $178,500 $59,500 $119,000
2017 $7,372 $177,200 $59,200 $118,000
2016 $7,958 $183,400 $58,700 $124,700
2015 $7,534 $183,400 $58,700 $124,700
2014 $9,025 $311,200 $179,900 $131,300
Source: Public Records

Agents Affiliated with this Home

  • HC

    Seller's Agent in 2018

    HERNAN CASTRO

    THE REAL ESTATE COMPANY

  • Guido Barrantes Real Estate Agent - PROMISE LAND REALTY

    Buyer's Agent in 2018

    Guido Barrantes

    PROMISE LAND REALTY

    (973) 767-4157

    4 in this area

    15 Total Sales

    Guido Barrantes
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3409911

Garden State MLS

APN: 08-02401-0000-00022

New Jersey Passaic County Paterson 07514 Riverside

240 Madison Ave Unit 244, Paterson, NJ

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.