NOT LISTED FOR SALE

248 E 16th St Unit 250 Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $480,000 - $556,000

3 Beds
2 Baths
1,901 Sq Ft
$265/Sq Ft Est. Value

About This Home

This home is located at 248 E 16th St Unit 250, Paterson, NJ 07524 and is currently estimated at $503,096, approximately $264 per square foot. 248 E 16th St Unit 250 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2020
Sold by
Mendez Ursula and Crespo Jeffry
Bought by
Crespo Jerry
Current Estimated Value
$500,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Outstanding Balance
$119,361
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$376,946

Purchase Details

Closed on
May 14, 2019
Sold by
Mendez Ursula
Bought by
Crespo Jerry and Mendez Ursula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.1%

Purchase Details

Closed on
Apr 5, 2017
Sold by
Us Bank National Association
Bought by
Mendez Ursula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,375
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2016
Sold by
Crespo Michael and Crespo Jerry
Bought by
Us Bank Na
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Crespo Jerry -- Belmont Ttl & Setmnt Svcs Ll
Crespo Jerry -- Old Republic Title
Crespo Jerry -- --
Mendez Ursula $136,500 None Available
Us Bank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crespo Jerry $133,000
Closed Crespo Jerry $133,000
Previous Owner Crespo Jerry --
Previous Owner Mendez Ursula $102,375
Previous Owner Crespo Michael $261,000
Source: Public Records

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 $8,453 $172,400 $40,400 $132,000
2022 $8,003 $172,400 $40,400 $132,000
2021 $7,717 $172,400 $40,400 $132,000
2020 $7,198 $172,400 $40,400 $132,000
2019 $7,003 $169,400 $40,400 $129,000
2018 $7,233 $167,200 $40,300 $126,900
2017 $6,968 $167,500 $40,100 $127,400
2016 $7,667 $176,700 $42,000 $134,700
2015 $7,259 $176,700 $42,000 $134,700
2014 $8,868 $305,800 $150,300 $155,500
Source: Public Records

Map

New Jersey Passaic County Paterson 07524 Riverside

248 E 16th St Unit 250, Paterson, NJ

This home is located at 248 E 16th St Unit 250, Paterson, NJ 07524 and is currently estimated at $503,096, approximately $264 per square foot. 248 E 16th St Unit 250 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.

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