$650,000
SOLD SEP 17, 2024

246-248 van Blarcom St Paterson, NJ 07524

Riverside Neighborhood
6 Beds
3 Baths
-- Sq Ft
6,050 Sq Ft Lot

Recently Sold

8% Above List Price

63 Days on Market

About This Home

As of September 2024

Welcome to 246 Van Blarcom St, a fantastic multiunit property with immense potential in Paterson that sits on an oversized lot of 50x121. This prime real estate offers two spacious units, providing an excellent investment opportunity for savvy buyer. First floor has 2 bedrooms and 1 bath. Second Floor has 2 bedrooms 1 bathroom. The basement has two extra rooms. Perfect rental purposes. Both units are currently vacant, allowing for immediate occupancy or the potential to set your own rental rates. Just a short commute to New York City, making it an ideal location for commuters.

Last Agent to Sell the Property

Bernardo Acevedo

Living New Jersey Realty Listed on: 04/08/2024

Last Buyer's Agent

Anthony Fazzinga

Prestige Property Group - Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,400

Lot Details

  • 6,050 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00002 / 02924

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,400

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (201) 636-2280
  • MLS Status: Sold - Sold
  • Directions: e 16th to lyon to van blarcom
  • Architectural Style: 2 Family
  • Year Built Details: 1950's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Sep Heat

Lot Info

  • Lot Size Sq Ft: 6050.0

Tax Info

  • Tax Annual Amount: 9400.0
  • Tax Block: 02924
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2024
Sold by
Khalique Investments Llc
Bought by
Munoz Jose and Tones Lisbel
Current Estimated Value
$658,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,226
Outstanding Balance
$631,303
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$49,789

Purchase Details

Closed on
Jul 14, 2017
Sold by
Nationstar Mortgage Llc
Bought by
Khalique Investments Llc

Purchase Details

Closed on
Nov 19, 2009
Sold by
Schechter Michael
Bought by
Gil Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
5.01%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2009
Sold by
Lasalle Bank Na
Bought by
Schechter Michael

Purchase Details

Closed on
Mar 31, 2008
Sold by
Jerry Speziale Passaic Cnty Sheriff
Bought by
Lasalle Bank Na Trustee

Purchase Details

Closed on
Nov 14, 2006
Sold by
Valderrama Filomena F
Bought by
Zevallos Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.4%

Purchase Details

Closed on
Nov 3, 2005
Sold by
Salas Christian
Bought by
Valderrama Filomena F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,200
Interest Rate
6.07%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Deed $650,000 Main Street Title
Deed $650,000 Main Street Title
Special Warranty Deed $105,915 Assurance Title Svcs Llc
Deed $170,000 --
Deed $85,000 --
Sheriffs Deed $433,128 --
Deed -- --
Deed $307,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $638,226 FHA
Closed $638,226 FHA
Previous Owner $166,920 FHA
Previous Owner $400,000 No Value Available
Previous Owner $302,200 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Sold $650,000 +8.4% --
06/10/2024 06/10/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $599,900 -- --
Source: New Jersey 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 $9,384 $191,400 $34,400 $157,000
2023 $8,885 $191,400 $34,400 $157,000
2022 $8,885 $191,400 $34,400 $157,000
2021 $8,567 $191,400 $34,400 $157,000
2020 $7,991 $191,400 $34,400 $157,000
2019 $7,755 $187,600 $34,200 $153,400
2018 $8,003 $185,000 $34,100 $150,900
2017 $7,642 $183,700 $34,000 $149,700
2016 $8,305 $191,400 $33,200 $158,200
2015 $7,863 $191,400 $33,200 $158,200
2014 $7,053 $243,200 $154,800 $88,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24010235

New Jersey MLS

APN: 08-02924-0000-00002