NOT LISTED FOR SALE

248 Paxton St Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $537,000 - $586,000

-- Bed
-- Bath
1,992 Sq Ft
$284/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $252,500 $127 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,926/month

15 Days on Market

About This Home

As of May 2017

This home is located at 248 Paxton St, Paterson, NJ 07503 since 06 March 2017 and is currently estimated at $564,992, approximately $283 per square foot. This property was built in 1940. 248 Paxton 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.

Last Agent to Sell the Property

Diab Mustafa

EXP REALTY, LLC Brokerage Phone: 973-340-2700 Listed on: 03/06/2017

EXP REALTY, LLC

Last Buyer's Agent

ISMAIL SALEH

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,455

Year Built

  • Built in 1940

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,455

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • County Name: Passaic
  • Street Number Display: 248
  • I D: 4693858
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 973-340-2700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X103
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
May 19, 2017
Sold by
248 Paxton Llc
Bought by
Atm Investment Group Llc
Seller's Agent
Diab Mustafa
EXP REALTY, LLC
Buyer's Agent
ISMAIL SALEH
EXP REALTY, LLC
List Price
$279,000
Sold Price
$252,500
Premium/Discount to List
-$26,500
-9.5%
Current Estimated Value
$564,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,492
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
Sep 19, 2016
Sold by
Rivera Jemmy M and Rivera Walter A
Bought by
248 Paxton St Llc

Purchase Details

Closed on
Mar 23, 2005
Sold by
Yvy Araya
Bought by
Rivera Jemmy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.61%

Purchase Details

Closed on
Nov 2, 1999
Sold by
Ruiz Luis
Bought by
Araya Jose and Araya Yvy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Atm Investment Group Llc $252,500 None Available
248 Paxton St Llc $100,000 Chicago Title Ins Co
Rivera Jemmy M $352,000 --
Araya Jose $135,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Jemmy M $92,000
Previous Owner Mrivera Jemmy $307,500
Previous Owner Rivera Jemmy M $352,000
Previous Owner Araya Jose $37,136
Previous Owner Araya Jose $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $252,500 -9.5% $127 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $279,000 -- $140 / 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
2025 $10,455 $205,200 $52,200 $153,000
2024 $10,061 $205,200 $52,200 $153,000
2022 $9,525 $205,200 $52,200 $153,000
2021 $9,185 $205,200 $52,200 $153,000
2020 $8,567 $205,200 $52,200 $153,000
2019 $8,289 $200,500 $51,000 $149,500
2018 $8,548 $197,600 $50,500 $147,100
2017 $7,380 $177,400 $50,200 $127,200
2016 $8,131 $187,400 $52,900 $134,500
2015 $7,698 $187,400 $52,900 $134,500
2014 $7,946 $274,000 $121,200 $152,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Diab Mustafa

    EXP REALTY, LLC

    (973) 930-7440

    6 in this area

    48 Total Sales

    Diab Mustafa
    Section Image

  • I

    Buyer's Agent in 2017

    ISMAIL SALEH

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3369187

Garden State MLS

APN: 08-05408-0000-00029

New Jersey Passaic County Paterson 07503 South Paterson

248 Paxton St, Paterson, NJ

This home is located at 248 Paxton St, Paterson, NJ 07503 since 06 March 2017 and is currently estimated at $564,992, approximately $283 per square foot. This property was built in 1940. 248 Paxton 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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