NOT LISTED FOR SALE

Estimated Value: $664,309

8 Beds
3 Baths
4,456 Sq Ft
$149/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $535,000 $120 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,661/month

26 Days on Market

About This Home

As of June 2023

Perfectly Packaged Property with Superior Space! With a total of 8 bedrooms and a generous 75x100-foot lot, this 2-story residence presents an outstanding opportunity for astute investors seeking a solid income property, with fantastic potential for further development and subdivision. The current setup is as a 2-family property " with 3 bedrooms, a living room, dining room an eat-in kitchen and a bathroom on each floor. Both units come gorgeous presented with plenty of natural light, contemporary fittings and classic hardwood features.Upstairs, the finished attic provides 2 bedrooms, a family room and bathroom, lending itself to be developed as a separate unit, while the large semi-finished basement has 3 storage rooms " and can be finished and converted into another self-contained unit.Between the 3-car garage and the huge driveway, the property offers ample parking space, and its excellent location puts residents close to schools, shopping, restaurants, Paterson Train Station.

Last Listed By

Johnny Rodriguez

Realty One Group Legend, Clifton Listed on: 04/08/2023

Realty One Group Legend, Clifton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,700

Lot Details

  • 7,601 Sq Ft Lot
  • Lot Dimensions are 76x100

Parking

  • 3 Car Garage

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00002 / 06403

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,700

Lot Details

0

Parking

3

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-772-0660
  • MLS Status: Sold - Sold
  • Directions: GOOGLE MAPS
  • Architectural Style: 2 Family
  • Year Built Details: 1940's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 8

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.0

Utilities

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

Lot Info

  • Lot Dimensions: 76X100
  • Lot Size Sq Ft: 7601.0

Tax Info

  • Tax Annual Amount: 10700.0
  • Tax Block: 06403
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2013
Sold by
Cruz Felix E and Cruz Joselyn
Bought by
Gutierrez Leonard
Total Days on Market
26
Current Estimated Value
$664,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Outstanding Balance
$166,878
Interest Rate
3.64%
Mortgage Type
FHA
Estimated Equity
$497,431

Range of Values:

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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
Gutierrez Leonard $235,000 Agent For Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Leonard $230,743
Previous Owner Cruz Felix E $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $535,000 +7.2% $120 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/08/2023 04/08/23 For Sale $499,000 -- $112 / Sq Ft
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 $11,301 $230,500 $45,600 $184,900
2023 $10,700 $230,500 $45,600 $184,900
2022 $10,700 $230,500 $45,600 $184,900
2021 $10,317 $230,500 $45,600 $184,900
2020 $9,623 $230,500 $45,600 $184,900
2019 $9,339 $225,900 $45,300 $180,600
2018 $9,643 $222,900 $45,200 $177,700
2017 $9,431 $226,700 $45,100 $181,600
2016 $10,392 $239,500 $47,500 $192,000
2015 $9,839 $239,500 $47,500 $192,000
2014 $9,715 $335,000 $227,500 $107,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23010220

New Jersey MLS

APN: 08-06403-0000-00002