NOT LISTED FOR SALE

240 Summer St Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $506,000 - $682,000

9 Beds
4.5 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold April 09, 2018

Last sale price $165,000

Est. 257% increase in value since last sale

Current estimated payment $3,926/month

1 Day on Market

About This Home

As of April 2018

This home is located at 240 Summer St, Paterson, NJ 07501 since 05 April 2018 and is currently estimated at $589,637. This property was built in 1900. 240 Summer St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

Last Agent to Sell the Property

Patricia Elmahdy

NICHOLAS REAL ESTATE AGENCY Listed on: 04/05/2018

Last Buyer's Agent

Patricia Elmahdy

NICHOLAS REAL ESTATE AGENCY Listed on: 04/05/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3,485

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Brick Exterior Construction

Interior Spaces

  • Living Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 9 Bedrooms

Additional Features

  • 3,485 Sq Ft Lot
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2508-03611-0000-00011-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Style: Colonial, Multi Floor Unit, Victorian
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1900
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 240-242
  • Directions: Broadway to Summer St
  • I D: 4791546
  • Modified: 2019-04-10
  • Number Images: 1
  • First Name: PATRICIA
  • First Name3: PATRICIA
  • Last Name: ELMAHDY
  • Last Name3: ELMAHDY
  • Office Phone: 973-340-1202
  • Office Phone3: 973-340-1202
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector
  • Number Rooms: 13
  • Bedrooms: 9
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Kitchen Area: Not Eat-In Kitchen
  • Phone: 973-340-1202

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Parking Lot-Exclusive

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 37X99
  • Assessed Improvement Value: 158200
  • Assessed Land Value: 79000
  • Assessment: 237200
  • Easement: Unknown
  • Lot Identifier: 11
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.08

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9867
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-03611-0000-00011-0000-
  • Tax Rate Amount: 4.160
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
Apr 5, 2018
Sold by
Far Properties Llc
Bought by
112 116 E 30Th St Limited Liability Comp
Seller's Agent
Patricia Elmahdy
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
Patricia Elmahdy
NICHOLAS REAL ESTATE AGENCY
List Price
$169,000
Sold Price
$165,000
Premium/Discount to List
-$4,000
-2.37%
Total Days on Market
1
Current Estimated Value
$589,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,637
Avg. Annual Appreciation
19.50%

Purchase Details

Closed on
Apr 29, 2015
Sold by
Sultana Safia
Bought by
Far Properties Llc

Purchase Details

Closed on
Mar 30, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sultana Sofia

Purchase Details

Closed on
Jan 19, 2010
Sold by
Passaic County Sheriff
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Similar Home in Paterson, NJ

  • 377 Park Ave Unit 379, Paterson, NJ 07504

    $675,000

    • 7 Beds
    • 5 Baths
    • 377 Park Ave
    • Unit 379
    • Paterson, NJ

    377 Park Ave is Breathtaking Corner Lot estate that combines elegance and charm. The first floor showcases a Family Room, kitchen, Foyer, porch. BONUS ROOM with extra space for a guest with two Bedrooms and a full bathroom. The Second floor boast a Primary end suit with a master bath, TV Room, an additional two bedrooms and a full bath. The finished Attic offers two Bedrooms, a full bath and

    FRANCISCO A. ALCANTARA CENTURY 21 A.G. REALTY GROUP

    Section Image
See All Homes in Paterson

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
112 116 E 30Th St Limited Liability Comp $165,000 None Available
Far Properties Llc -- None Available
Sultana Sofia $65,000 --
Federal Home Loan Mortgage Corporation $317,233 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2018 04/09/18 Sold $165,000 -2.4% --
04/06/2018 04/06/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $169,000 -- --
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
2024 $9,561 $195,000 $79,000 $116,000
2022 $9,052 $195,000 $79,000 $116,000
2021 $8,728 $195,000 $79,000 $116,000
2020 $8,141 $195,000 $79,000 $116,000
2019 $11,488 $277,900 $79,000 $198,900
2018 $10,811 $249,900 $79,000 $170,900
2017 $9,868 $237,200 $79,000 $158,200
2016 $10,292 $237,200 $79,000 $158,200
2015 $9,744 $237,200 $79,000 $158,200
2014 $6,838 $235,800 $122,000 $113,800
Source: Public Records

Agents Affiliated with this Home

  • Patricia Elmahdy

    Seller's Agent in 2018

    Patricia Elmahdy

    NICHOLAS REAL ESTATE AGENCY

    (201) 927-4203

    6 in this area

    27 Total Sales

    Patricia Elmahdy
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3458854

Garden State MLS

APN: 08-03611-0000-00011

New Jersey Passaic County Paterson 07501 Eastside

240 Summer St, Paterson, NJ

This home is located at 240 Summer St, Paterson, NJ 07501 since 05 April 2018 and is currently estimated at $589,637. This property was built in 1900. 240 Summer St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

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 © 2025 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