NOT LISTED FOR SALE

255 E 16th St Unit 257 Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $621,000 - $751,000

2 Beds
2 Baths
2,799 Sq Ft
$241/Sq Ft Est. Value

About This Home

Welcome to this cozy yet spacious 2-bedroom, 1-bath renovated apartment located on the second floor of a well-kept home. This unit features bright, open rooms with updated finishes throughout, offering both comfort and modern convenience. The freshly renovated kitchen and bathroom provide a clean and stylish feel, while the generous living space delivers plenty of room to relax and unwind.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
Jtm Investment Group Llc
Bought by
Pimentel Jose
Current Estimated Value
$675,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,295
Outstanding Balance
$468,884
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$206,496

Purchase Details

Closed on
Feb 11, 2019
Sold by
Comerford Richard
Bought by
Jtm Investment Group Llc

Purchase Details

Closed on
Dec 3, 2010
Sold by
Alvarez Elias
Bought by
Comerford Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,750
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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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
Pimentel Jose $500,000 Sunnyside Title
Pimentel Jose $500,000 Sunnyside Title
Jtm Investment Group Llc $165,000 Chicago Title Ins Co
Comerford Richard $249,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pimentel Jose $482,295
Closed Pimentel Jose $482,295
Previous Owner Comerford Richard $186,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2026 01/12/26 Price Changed $1,800 -5.3% --
12/03/2025 12/03/25 For Rent $1,900 -- --

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 $11,065 $217,170 $36,300 $180,870
2024 $10,648 $217,170 $36,300 $180,870
2023 $10,081 $217,170 $36,300 $180,870
2022 $10,081 $217,170 $36,300 $180,870
2021 $10,232 $228,600 $36,300 $192,300
2020 $9,544 $228,600 $36,300 $192,300
2019 $9,264 $224,100 $36,300 $187,800
2018 $8,920 $206,200 $36,100 $170,100
2017 $8,516 $204,700 $35,900 $168,800
2016 $9,372 $216,000 $37,600 $178,400
2015 $8,873 $216,000 $37,600 $178,400
2014 $8,178 $282,000 $153,200 $128,800
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2025

    Herbert Melo

    REALTY ONE GROUP LEGEND

    (973) 390-1002

    3 in this area

    39 Total Sales

    Herbert Melo
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Map

New Jersey Passaic County Paterson 07524 Riverside

255 E 16th St Unit 257, Paterson, NJ

Not Listed for Sale

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