NOT LISTED FOR SALE

240 Paterson Ave Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $236,000 - $469,212

-- Bed
-- Bath
1,677 Sq Ft
$237/Sq Ft Est. Value

About This Home

This home is located at 240 Paterson Ave, Paterson, NJ 07502 and is currently estimated at $397,303, approximately $236 per square foot. 240 Paterson Ave 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
Apr 24, 2023
Sold by
Zubairy Umair H
Bought by
Niazi Ahmar and Bano Atia
Current Estimated Value
$397,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$56,106
Interest Rate
6.6%
Mortgage Type
Seller Take Back
Estimated Equity
$341,197

Purchase Details

Closed on
Sep 21, 2018
Sold by
Niazi Ahmar
Bought by
Zubairy Umair H

Purchase Details

Closed on
Dec 4, 2006
Sold by
Darden Vanessa F
Bought by
Niazi Ahmar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1997
Sold by
Emc Mortgage Corporation
Bought by
Darden Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.79%
Mortgage Type
FHA
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.

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ICE

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First American

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Quantarium

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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
Niazi Ahmar $125,000 Advent Title
Niazi Ahmar $125,000 Advent Title
Zubairy Umair H $54,000 First American Title Ins Co
Niazi Ahmar $215,000 --
Darden Vanessa $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niazi Ahmar $125,000
Closed Niazi Ahmar $125,000
Previous Owner Cebic Zoran $106,305
Previous Owner Niazi Ahmar $172,000
Previous Owner Darden Stanley $35,000
Previous Owner Darden Vanessa Farrar $75,000
Previous Owner Darden Vanessa $57,000
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 $7,979 $156,600 $34,600 $122,000
2024 $7,678 $156,600 $34,600 $122,000
2022 $7,269 $156,600 $34,600 $122,000
2021 $7,009 $156,600 $34,600 $122,000
2020 $6,538 $156,600 $34,600 $122,000
2019 $6,234 $150,800 $31,600 $119,200
2018 $6,428 $148,600 $31,300 $117,300
2017 $6,024 $144,800 $31,000 $113,800
2016 $6,114 $140,900 $32,600 $108,300
2015 $5,788 $140,900 $32,600 $108,300
2014 $7,720 $266,200 $154,100 $112,100
Source: Public Records

Map

New Jersey Passaic County Paterson 07502 Totowa Section

240 Paterson Ave, Paterson, NJ

This home is located at 240 Paterson Ave, Paterson, NJ 07502 and is currently estimated at $397,303, approximately $236 per square foot. 240 Paterson Ave 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.

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