NOT LISTED FOR SALE

255 E 16th St Unit 3 Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $623,042 - $804,000

Studio
3 Baths
5,400 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: June 2, 2023

Last sale price $500,000 $93 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,887 / mo

164 Days on Market

About This Home

As of June 2023

This home is located at 255 E 16th St Unit 3, Paterson, NJ 07524 since 13 September 2022 and is currently estimated at $714,011, approximately $132 per square foot. 255 E 16th St Unit 3 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

Last Agent to Sell the Property

Joe Mastropole

WAYNE HILLS REALTY Brokerage Phone: 973-790-9200 Listed on: 09/13/2022

Last Buyer's Agent

Herbert Melo

REALTY ONE GROUP LEGEND

REALTY ONE GROUP LEGEND

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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Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

3,920 Sq Ft Lot

Listing Details

  • County Name: Passaic
  • I D: 5178522
  • Attribution Contact: 973-790-9200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37X100
  • Total Acres: 0.09

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
May 23, 2023
Sold by
Jtm Investment Group Llc
Bought by
Seller's Agent
Joe Mastropole
WAYNE HILLS REALTY
Buyer's Agent
Herbert Melo
REALTY ONE GROUP LEGEND
List Price
$259,000
Sold Price
$500,000
Premium/Discount to List
$241,000
93.05%
Views
97
Current Estimated Value
$714,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,011
Avg. Annual Appreciation
11.62%
Original Mortgage
$482,295
Outstanding Balance
$463,675
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$250,336

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Riverside, NJ

  • Jaime Feliz Real Estate Agent - United Real Estate

    Jaime Feliz

    United Real Estate

    (862) 319-8206

    17 Total Sales

    1 in Riverside

    $595,000 Price

    Jaime Feliz
     Section Image
  • Maria Rini Real Estate Agent - RE/MAX Properties-Saddle River

    Maria Rini

    RE/MAX Properties-Saddle River

    (973) 842-4798

    112 Total Sales

    2 in Riverside

    $225,000 Price Range

    Maria Rini
     Section Image
  • Vivienne Cerrati Real Estate Agent - Howard Hanna Rand Realty, Old Tappan

    Vivienne Cerrati

    Howard Hanna Rand Realty, Old Tappan

    (862) 343-8647

    43 Total Sales

    2 in Riverside

    $450,000 Price Range

    Vivienne Cerrati
     Section Image
  • Annette Rubin Real Estate Agent - EXIT ON THE HUDSON REALTY

    Annette Rubin

    EXIT ON THE HUDSON REALTY

    (646) 576-7108

    37 Total Sales

    1 in Riverside

    $120,000 Price

    Annette Rubin
     Section Image
  • Ira Goodman Real Estate Agent - Keller Williams Village Square Realty

    Ira Goodman

    Keller Williams Village Square Realty

    (845) 613-4975

    67 Total Sales

    2 in Riverside

    $385,000 Price Range

    Ira Goodman
     Section Image
  • Mary Contini Real Estate Agent - Coldwell Banker, Wayne

    Mary Contini

    Coldwell Banker, Wayne

    (862) 465-9321

    86 Total Sales

    4 in Riverside

    $550K - $675K Price Range

    Mary Contini
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 Sunnyside Title
Jtm Investment Group Llc $165,000 Chicago Title Ins Co
Comerford Richard $249,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/02/2023 06/02/23 Sold $500,000 -4.7% $93 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
11/24/2022 11/24/22 Price Changed $524,900 +5.2% $97 / Sq Ft
10/06/2022 10/06/22 Price Changed $499,000 +92.7% $92 / Sq Ft
09/13/2022 09/13/22 For Sale $259,000 -- $48 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,586 $596,800 $161,900 $434,900
2025 $11,586 $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

  • Joe Mastropole Real Estate Agent - WAYNE HILLS REALTY

    Seller's Agent in 2023

    Joe Mastropole

    WAYNE HILLS REALTY

    (973) 907-0227

    1 in this area

    13 Total Sales

    Joe Mastropole
    Section Image

  • HM

    Buyer's Agent in 2023

    Herbert Melo

    REALTY ONE GROUP LEGEND

    (973) 390-1002

    3 in this area

    38 Total Sales

    Herbert Melo
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3807021

Garden State MLS

APN: 08-02814-0000-00005

New Jersey Passaic County Paterson 07524 Riverside

255 E 16th St Unit 3, Paterson, NJ

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