NOT LISTED FOR SALE

251 Derrom Ave Unit 263 Paterson, NJ 07504

Eastside Neighborhood

Estimated Value: $714,000 - $945,187

6 Beds
4 Baths
21,919 Sq Ft
$36/Sq Ft Est. Value

About This Home

This home is located at 251 Derrom Ave Unit 263, Paterson, NJ 07504 and is currently estimated at $787,297, approximately $35 per square foot. 251 Derrom Ave Unit 263 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Aslam Talat
Bought by
Mccall Della D and Wilder David L
Current Estimated Value
$787,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,190
Outstanding Balance
$468,378
Interest Rate
7.29%
Mortgage Type
FHA
Estimated Equity
$318,919

Purchase Details

Closed on
Mar 20, 2015
Sold by
Lemme Michael G
Bought by
Aslam Talat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,494
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 18, 1999
Sold by
Alvarez Migdalia
Bought by
Lemme Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
6.78%

Purchase Details

Closed on
Aug 16, 1994
Sold by
Hudson City Bank
Bought by
Alvarez Migdalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
8.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mccall Della D $450,000 Main Street Title
Mccall Della D $450,000 Main Street Title
Aslam Talat $580,000 Tohickon Abstract Co
Lemme Michael G $280,000 --
Alvarez Migdalia $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccall Della D $476,190
Closed Mccall Della D $476,190
Previous Owner Aslam Talat $569,494
Previous Owner Lemme Michael G $550,000
Previous Owner Lemme Michael $100,000
Previous Owner Lemme Michael G $266,000
Previous Owner Alvarez Migdalia $101,000
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
2025 $29,133 $371,800 $171,100 $200,700
2024 $28,035 $571,800 $171,100 $400,700
2022 $26,543 $571,800 $171,100 $400,700
2021 $25,594 $571,800 $171,100 $400,700
2020 $23,873 $571,800 $171,100 $400,700
2019 $23,130 $559,500 $168,100 $391,400
2018 $23,888 $552,200 $167,100 $385,100
2017 $22,826 $548,700 $166,600 $382,100
2016 $25,097 $578,400 $174,600 $403,800
2015 $23,761 $578,400 $174,600 $403,800
2014 $16,632 $573,500 $290,900 $282,600
Source: Public Records

Map

New Jersey Passaic County Paterson 07504 Eastside

251 Derrom Ave Unit 263, Paterson, NJ

This home is located at 251 Derrom Ave Unit 263, Paterson, NJ 07504 and is currently estimated at $787,297, approximately $35 per square foot. 251 Derrom Ave Unit 263 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes