$650,000
SOLD OCT 1, 2024

242 Fulton St Unit 244 Paterson, NJ 07501

Eastside Neighborhood
-- Bed
-- Bath
2,432 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$267 Per Sq Ft

3% Above List Price

18 Days on Market

About This Home

As of October 2024

This home is located at 242 Fulton St Unit 244, Paterson, NJ 07501 and is currently priced at $650,000, approximately $267 per square foot. 242 Fulton St Unit 244 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

Juan Guzman

BREWSTER REALTY Brokerage Phone: 908-820-8888 Listed on: 06/17/2024

Last Buyer's Agent

Linda Iriarte

UNICASA UNION REALTY INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,816

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,816

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 242
  • I D: 5294559
  • Modified: 2024-10-08
  • Number Images: 1
  • Attribution Contact: 908-820-8888
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 40X87
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Sep 20, 2024
Sold by
Guzman Felix A
Bought by
Dejesus Anabel Roque and Marmolejos Michael
Seller's Agent
Juan Guzman
BREWSTER REALTY
Buyer's Agent
Linda Iriarte
UNICASA UNION REALTY INC
List Price
$629,000
Sold Price
$650,000
Premium/Discount to List
$21,000
3.34%
Views
6
Current Estimated Value
$675,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,499
Avg. Annual Appreciation
6.36%
Original Mortgage
$638,226
Outstanding Balance
$632,143
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$52,815

Purchase Details

Closed on
Mar 10, 2022
Sold by
Hhdd Llc
Bought by
Guzman Felix A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2017
Sold by
Hsbc Bank Usa Na
Bought by
Hhdd Llc

Purchase Details

Closed on
Sep 12, 2016
Sold by
Humphrey Patricia and Fredde Mary
Bought by
Hsbc Bank Us Na
Source: Public Records

Similar Homes in Paterson, NJ

  • 521 E 18th St, Paterson, NJ 07514

    $490,000

    • 2 Beds
    • 1.5 Baths
    • 521 E 18th St
    • Paterson, NJ

    Welcome to 521 E 18th St, a high-visibility mixed-use property offering excellent business and investment potential. Currently operating as a fully equipped salon, the commercial space can be maintained as-is or repurposed for retail, office or creative use. With the proper approvals, the property may also be converted into multiple residential units. Zoned R-3 (high-density residential).

    Jorge Garcia RE/MAX SELECT

    Section Image
  • 121 E 16th St, Paterson, NJ 07524

    $628,999

    • 2 Beds
    • 2 Baths
    • 121 E 16th St
    • Paterson, NJ

    Good condition home renovated in 2021 and 2024 2-Family Gem in Paterson, NJ ? Just 25 Mins from NYC!Welcome to this beautiful 2-family home, move-in ready! Each unit offers 2 spacious bedrooms and 1 modern bathroom, featuring stylist finishes, updated kitchens, and vinyl flooring throughout.This property also includes a full finished basement for added living or storage space and a large walk-up

    LEONARDO ACOSTA MODERN REALTY GROUP

    Section Image

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 Type Sale Price Title Company
Bargain Sale Deed $650,000 None Listed On Document
Bargain Sale Deed $650,000 None Listed On Document
Deed $450,000 Maley Givens Pc
Bargain Sale Deed $113,000 Premium Title Services Inc
Deed -- Madison Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $638,226 FHA
Closed $638,226 FHA
Previous Owner $337,500 New Conventional
Previous Owner $122,000 Unknown
Previous Owner $176,000 New Conventional
Previous Owner $102,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $650,000 +3.3% $267 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $629,000 -- $259 / 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 $10,816 $220,600 $26,600 $194,000
2022 $10,240 $220,600 $26,600 $194,000
2021 $9,874 $220,600 $26,600 $194,000
2020 $9,210 $220,600 $26,600 $194,000
2019 $8,921 $215,800 $26,300 $189,500
2018 $9,201 $212,700 $26,200 $186,500
2017 $8,782 $211,100 $26,100 $185,000
2016 $9,676 $223,000 $27,500 $195,500
2015 $9,161 $223,000 $27,500 $195,500
2014 $11,313 $390,100 $146,000 $244,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3908210

Garden State MLS

APN: 08-03210-0000-00004