NOT LISTED FOR SALE

241 Sussex St Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $351,000 - $395,000

2 Beds
1 Bath
1,134 Sq Ft
$321/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $170,000 $150 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,406/month

137 Days on Market

Highlights

  • Cape Cod Architecture
  • Butlers Pantry
  • Eat-In Kitchen

About This Home

As of October 2019

Starter home w/expansion possibilities (construction, reno loan or 203K loan can expand this property to your liking) Close to Route 80/19/20/3/46 close to public schools, shops and hospital. Walk into your spacious living room area - away from the street so you feel the full privacy of owning a home. Dining room area divided into a full modern kitchen. To the left of the kitchen there is a generous full bathroom right next to your master bedroom. Need storage - there is a full basement. Visitors coming? No problem there are 2 additional bedrooms on the second floor. Great starter home. Priced to sell!!! Must see!! Best offer!

Last Agent to Sell the Property

HUGO ALARCON

SKYVIEW REAL ESTATE LLC Listed on: 03/16/2019

Last Buyer's Agent

GABRIEL ADENIYI

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,801

Year Built

  • Built in 1950

Lot Details

  • 2,614

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • A-Frame Home
  • Aluminum Siding

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Radiant Heating System

Additional Features

  • Walk-Out Basement
  • 2,614 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2508-05406-0000-00029-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,801

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Style: A-Frame, Cape Cod
  • Primary Style: A-Frame
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Passaic
  • Exclusions: personal Items
  • Street Number Display: 241
  • Directions: Main Street to Newark Avenue to Sussex
  • I D: 4879754
  • Modified: 2021-09-23
  • Number Images: 7
  • First Name: HUGO
  • First Name3: GABRIEL
  • Last Name: ALARCON
  • Last Name3: ADENIYI
  • Office Phone: 973-773-0802
  • Office Phone3: 908-245-6767 X. 303
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Self Cleaning Oven
  • Number Rooms: 5
  • Bedrooms: 2
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Walkout
  • Kitchen Area: Pantry, Eat-In Kitchen
  • Phone: 973-777-7508

Exterior Features

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

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiant - Hot Water
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water

Lot Info

  • Lot Size: 25X100
  • Assessed Improvement Value: 60800
  • Assessed Land Value: 50200
  • Assessment: 111000
  • Lot Identifier: 29
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4801
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-05406-0000-00029-0000-
  • 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
Mar 9, 2021
Sold by
Elagamy Ahmed R and Elagamy Amira R
Bought by
Elagamy Ahmed and Ghozi Amira R
Current Estimated Value
$364,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
2.73%
Mortgage Type
Balloon

Purchase Details

Listed on
Mar 16, 2019
Closed on
Oct 22, 2019
Sold by
Neuberger Diane
Bought by
Elagamy Ahmed and Ghozi Amira R
Seller's Agent
HUGO ALARCON
SKYVIEW REAL ESTATE LLC
Buyer's Agent
GABRIEL ADENIYI
RE/MAX SELECT
List Price
$18,000
Sold Price
$170,000
Premium/Discount to List
$152,000
844.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%
Original Mortgage
$136,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 1992
Bought by
Neuberger Diane
Source: Public Records

Range of Values:

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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
Elagamy Ahmed -- Steinman Susan
Elagamy Ahmed $170,000 Elite Title Group Llc
Neuberger Diane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elagamy Ahmed $136,000
Previous Owner Elagamy Ahmed $136,000
Previous Owner Neuberger Diane $49,857
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $170,000 +844.4% $150 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
03/16/2019 03/16/19 For Sale $18,000 -- $16 / 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
2024 $5,648 $115,200 $51,900 $63,300
2022 $5,348 $115,200 $51,900 $63,300
2021 $5,156 $115,200 $51,900 $63,300
2020 $4,810 $115,200 $51,900 $63,300
2019 $4,651 $112,500 $50,700 $61,800
2018 $4,802 $111,000 $50,200 $60,800
2017 $4,584 $110,200 $49,900 $60,300
2016 $5,046 $116,300 $52,500 $63,800
2015 $4,778 $116,300 $52,500 $63,800
2014 $7,676 $264,700 $167,100 $97,600
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2019

    HUGO ALARCON

    SKYVIEW REAL ESTATE LLC

  • G

    Buyer's Agent in 2019

    GABRIEL ADENIYI

    RE/MAX

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Map

Source: Garden State MLS

MLS Number: 3540150

Garden State MLS

APN: 08-05406-0000-00029

New Jersey Passaic County Paterson 07503 South Paterson

241 Sussex St, Paterson, NJ

This home is located at 241 Sussex St, Paterson, NJ 07503 since 16 March 2019 and is currently estimated at $364,559, approximately $321 per square foot. This property was built in 1950. 241 Sussex St is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

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