NOT LISTED FOR SALE

Estimated Value: $522,000 - $855,000

5 Beds
3 Baths
1,776 Sq Ft
$352/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $399,999 $225 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,265/month

63 Days on Market

About This Home

As of October 2022

! WELCOME TO YOUR NEXT INCOME PRODUCING 3 FAMILY HOME LOCATED IN PASSAIC !! Whether you are looking to Occupy or Invest, this is an excellent option for your next home! This beauty offers you 3 units with great rental potential! Each unit offers you a kitchen, living room, dining room, and 1 full bath room! It's 1st & 2nd unit offers 2 bedrooms and it's 3rd unit a spacious 1 bedroom ! This multi-family features the convenience commuter dream location, having you surrounded by amenities to enjoy from like parks, shopping, schools, restaurants, and so much more! Schedule a private tour today to see your next potential Paxton's 3 Family Home!

Last Agent to Sell the Property

Justin Torres

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY License #1970070 Listed on: 05/31/2022

PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,896

Lot Details

  • 2,178

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Window Unit Cooling System

Listing and Financial Details

  • Legal Lot and Block 00030 / 05408
  • Assessor Parcel Number 15026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,896

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Other-See Remarks
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 15026
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: None
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 5
  • Total Dining Rooms: 3
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1400
  • Second Floor Bedrooms: 2
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1300
  • Third Floor Bedrooms: 1
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 900
  • Fl1 Rooms: 5
  • Fl2 Rooms: 5
  • Fl3 Rooms: 4

Exterior Features

  • Exterior Finish: Other-See Remarks

Garage/Parking

  • Parking Available: None

Utilities

  • Heating/Cooling: A/C Window

Lot Info

  • Geo Address Line: 250 Paxton St
  • Geo Primary City: Paterson
  • Geo Quality: 0.95
  • Geo Update Timestamp: 05/31/2022
  • Geo Zoom Level: 16
  • Lot: 00030

Tax Info

  • Taxes: 9896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Oct 11, 2022
Sold by
Plus Realty Group Limited Liability Comp
Bought by
Sarhan Nizar S
Seller's Agent
Justin Torres
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$399,999
Sold Price
$399,999
Views
5
Current Estimated Value
$624,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,274
Avg. Annual Appreciation
16.59%

Purchase Details

Closed on
May 20, 2016
Sold by
Bader Khalid
Bought by
Plus Realty Group Lc

Purchase Details

Listed on
Sep 25, 2014
Closed on
Sep 25, 2014
Sold by
Castillo Neida
Bought by
Bader Khalid
Seller's Agent
Domingo Rodriguez
EXP REALTY, LLC
Buyer's Agent
SERGIO LIMONTA
UNITED REAL ESTATE
Sold Price
$159,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%

Purchase Details

Closed on
Apr 20, 2005
Sold by
Martinez Jose N
Bought by
Castillo Neida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
6.05%

Purchase Details

Closed on
Jun 28, 2001
Sold by
Muheisen Eyad
Bought by
Martinez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
7.14%

Purchase Details

Closed on
Sep 28, 2000
Sold by
Hamed Awad and Muheisen Eyad
Bought by
Muheisen Eyad and Muheisen Lopana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.88%

Purchase Details

Closed on
Jul 31, 2000
Sold by
Hamed Awad
Bought by
Hamed Awad and Muheisen Eyad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.88%

Purchase Details

Closed on
Mar 4, 1999
Sold by
Zelaya Ignacio Armondo
Bought by
Hamed Awad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,227
Interest Rate
6.73%
Mortgage Type
FHA
Source: Public Records

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
Sarhan Nizar S $399,999 Foundation Title
Sarhan Nizar S $399,999 Foundation Title
Plus Realty Group Lc -- None Available
Bader Khalid $159,500 Apple Title Agency Llc
Castillo Neida $335,000 --
Martinez Jose $163,000 --
Martinez Jose $163,000 --
Muheisen Eyad -- --
Hamed Awad $101,227 Builders Title Agency Inc
Hamed Awad $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castillo Neida $318,500
Previous Owner Castillo Neida $301,500
Previous Owner Martinez Jose $146,700
Previous Owner Muheisen Eyad $105,000
Previous Owner Hamed Awad $101,227
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $399,999 0.0% $225 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $399,999 +150.8% $225 / Sq Ft
09/25/2014 09/25/14 Sold $159,500 -- $90 / Sq Ft
Source: Hudson County 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 $11,265 $221,100 $52,200 $168,900
2024 $10,841 $221,100 $52,200 $168,900
2022 $10,263 $221,100 $52,200 $168,900
2021 $9,896 $221,100 $52,200 $168,900
2020 $9,231 $221,100 $52,200 $168,900
2019 $8,929 $216,000 $51,000 $165,000
2018 $8,457 $195,500 $50,500 $145,000
2017 $8,258 $198,500 $50,200 $148,300
2016 $9,095 $209,600 $52,900 $156,700
2015 $8,610 $209,600 $52,900 $156,700
2014 $6,841 $235,900 $122,100 $113,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 220009749

Hudson County MLS

APN: 08-05408-0000-00030