NOT LISTED FOR SALE

253 E 16th St Unit 255 Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $522,000 - $654,000

-- Bed
-- Bath
1,988 Sq Ft
$297/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $535,000 $269 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,947/month

10 Days on Market

About This Home

As of October 2023

This home is located at 253 E 16th St Unit 255, Paterson, NJ 07524 since 14 May 2023 and is currently estimated at $590,096, approximately $296 per square foot. 253 E 16th St Unit 255 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

Last Agent to Sell the Property

Lewis Perez

REALTY ONE GROUP LEGEND Brokerage Phone: 973-772-0660 Listed on: 05/14/2023

REALTY ONE GROUP LEGEND

Last Buyer's Agent

LUIS MONTES DE OCA

EXIT GOLDEN REALTY GROUP LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,654

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,654

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 253
  • I D: 5220808
  • Modified: 2024-10-19
  • Number Images: 1
  • Attribution Contact: 973-772-0660
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2023
Closed on
Oct 16, 2023
Sold by
Gonzalez Julia and Gonzalez Juan
Bought by
Rivera Michael Anthony
Seller's Agent
Lewis Perez
REALTY ONE GROUP LEGEND
Buyer's Agent
LUIS MONTES DE OCA
EXIT GOLDEN REALTY GROUP LLC
List Price
$459,900
Sold Price
$535,000
Premium/Discount to List
$75,100
16.33%
Views
98
Current Estimated Value
$573,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,923
Avg. Annual Appreciation
5.56%
Original Mortgage
$525,309
Outstanding Balance
$516,573
Interest Rate
7.49%
Mortgage Type
FHA
Estimated Equity
$73,523

Purchase Details

Listed on
Jan 19, 2021
Closed on
Apr 12, 2021
Sold by
Fernandez Wilfredo and Rodriguez Rafael
Bought by
Gonzalez Julia and Gonzalez Juan
Seller's Agent
FELIX F. RODRIGUEZ
UNITED REAL ESTATE
Buyer's Agent
FELIX F. RODRIGUEZ
UNITED REAL ESTATE
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.85%
Original Mortgage
$373,117
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2008
Sold by
Fernanez Wilfredo
Bought by
Fernandez Wilfredo and Rodriguez Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,895
Interest Rate
6.06%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2005
Sold by
Fokir Angela
Bought by
Fernandez Wilfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.78%

Purchase Details

Closed on
Feb 14, 2003
Sold by
Cruz Luciano
Bought by
Fokir Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
5.98%
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
Rivera Michael Anthony $535,000 Guardian Title Services
Rivera Michael Anthony $535,000 Guardian Title Services
Gonzalez Julia $380,000 Chancellor Title Agency Inc
Fernandez Wilfredo -- --
Fernandez Wilfredo $240,000 --
Fokir Angela $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Michael Anthony $525,309
Closed Rivera Michael Anthony $525,309
Previous Owner Gonzalez Julia $39,066
Previous Owner Gonzalez Julia $373,117
Previous Owner Fernandez Wilfredo $398,895
Previous Owner Fernandez Wilfredo $97,000
Previous Owner Fernandez Wilfredo $216,000
Previous Owner Fokir Angela $132,914
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $535,000 +16.3% $269 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/14/2023 05/14/23 For Sale $459,900 +21.0% $231 / Sq Ft
04/28/2021 04/28/21 Sold $380,000 0.0% $191 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $380,000 -- $191 / 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
2024 $9,654 $196,900 $36,300 $160,600
2022 $9,140 $196,900 $36,300 $160,600
2021 $8,813 $196,900 $36,300 $160,600
2020 $8,221 $196,900 $36,300 $160,600
2019 $7,987 $193,200 $36,300 $156,900
2018 $8,241 $190,500 $36,100 $154,400
2017 $7,867 $189,100 $35,900 $153,200
2016 $8,656 $199,500 $37,600 $161,900
2015 $8,195 $199,500 $37,600 $161,900
2014 $9,906 $341,600 $153,200 $188,400
Source: Public Records

Agents Affiliated with this Home

  • Lewis Perez

    Seller's Agent in 2023

    Lewis Perez

    REALTY ONE GROUP LEGEND

    (201) 577-6724

    2 in this area

    64 Total Sales

    Section Image
  • LUIS MONTES DE OCA

    Buyer's Agent in 2023

    LUIS MONTES DE OCA

    EXIT GOLDEN REALTY GROUP LLC

    (201) 753-2412

    3 in this area

    81 Total Sales

    Section Image

  • F

    Seller's Agent in 2021

    FELIX F. RODRIGUEZ

    UNITED REAL ESTATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3843565

Garden State MLS

APN: 08-02814-0000-00006

New Jersey Passaic County Paterson 07524 Riverside

253 E 16th St Unit 255, Paterson, NJ

This home is located at 253 E 16th St Unit 255, Paterson, NJ 07524 since 14 May 2023 and is currently estimated at $590,096, approximately $296 per square foot. 253 E 16th St Unit 255 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes