NOT LISTED FOR SALE

246-248 Vernon Ave Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $536,000 - $601,000

4 Beds
2 Baths
-- Sq Ft
3,001 Sq Ft Lot

Last Sold August 15, 2022

Last sale price $475,000

Est. 20% increase in value since last sale

Current estimated payment $3,892/month

30 Days on Market

About This Home

As of August 2022

Lovely 2 family home in a great location of the Lakeview section with separate utilities. Property features 4 bedrooms and 2 full baths, hardwood and tile flooring with built-in AC units. Corner property on a 30 x 100 lot with a 1 car detached garage, unfinished basement and patio. Close to major highways.

Last Agent to Sell the Property

Baney Montoya

Coccia Realty Better Homes & Gardens-Lyndhurst Listed on: 06/08/2022

Coccia Realty Better Homes & Gardens-Lyndhurst

Last Buyer's Agent

Melina Salazar

Realty One Group Legend, Clifton

Realty One Group Legend, Clifton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,800

Lot Details

  • 3,001

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 3,001 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00019 / 07702

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,800

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups
  • Co List Office Phone: 201-939-8900
  • MLS Status: Sold - Sold
  • Directions: Crooks Ave to Vernon Ave.
  • Architectural Style: 2 Family
  • Year Built Details: 1940's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Remarks: UNFINISHED, FULL

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 3001.0

Tax Info

  • Tax Annual Amount: 8800.0
  • Tax Block: 07702
  • Tax Lot: 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Aug 11, 2022
Sold by
Martins Sonia R and Martins Evelin
Bought by
Molina Martha and Durango Yudy Vanesa
Seller's Agent
Baney Montoya
Coccia Realty Better Homes & Gardens-Lyndhurst
Buyer's Agent
Melina Salazar
Realty One Group Legend, Clifton
List Price
$439,000
Sold Price
$475,000
Premium/Discount to List
$36,000
8.2%
Current Estimated Value
$569,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,175
Avg. Annual Appreciation
5.69%
Original Mortgage
$466,396
Outstanding Balance
$445,143
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$124,032
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Molina Martha $475,000 Foundation Title
Molina Martha $475,000 Foundation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Martha $466,396
Closed Molina Martha $466,396
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $475,000 +8.2% --
07/08/2022 07/08/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $439,000 -- --
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
2025 $10,740 $210,800 $73,000 $137,800
2024 $10,336 $210,800 $73,000 $137,800
2022 $9,785 $210,800 $73,000 $137,800
2021 $9,435 $210,800 $73,000 $137,800
2020 $8,801 $210,800 $73,000 $137,800
2019 $8,512 $205,900 $71,300 $134,600
2018 $8,777 $202,900 $70,500 $132,400
2017 $8,378 $201,400 $70,000 $131,400
2016 $8,843 $203,800 $65,000 $138,800
2015 $8,372 $203,800 $65,000 $138,800
2014 $9,773 $337,000 $207,300 $129,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Baney Montoya

    Coccia Realty Better Homes & Gardens-Lyndhurst

    (862) 686-9647

    2 in this area

    6 Total Sales

    Baney Montoya
    Section Image
  • Melina Salazar

    Buyer's Agent in 2022

    Melina Salazar

    Realty One Group Legend, Clifton

    (201) 803-3562

    4 in this area

    41 Total Sales

    Melina Salazar
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22020935

New Jersey MLS

APN: 08-07702-0000-00019

New Jersey Passaic County Paterson 07503 South Paterson

246-248 Vernon Ave, Paterson, NJ

Not Listed for Sale

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