NOT LISTED FOR SALE

255 Lafayette St Unit 257 Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $607,000 - $724,000

-- Bed
-- Bath
3,426 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $490,000 $143 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,809/month

37 Days on Market

About This Home

As of October 2021

This home is located at 255 Lafayette St Unit 257, Paterson, NJ 07524 since 04 August 2021 and is currently estimated at $674,768, approximately $196 per square foot. 255 Lafayette St Unit 257 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

Othoniel Gomez

REALTY ONE GROUP LEGEND Brokerage Phone: 973-772-0660 Listed on: 08/04/2021

REALTY ONE GROUP LEGEND

Last Buyer's Agent

Othoniel Gomez

REALTY ONE GROUP LEGEND Brokerage Phone: 973-772-0660 Listed on: 08/04/2021

REALTY ONE GROUP LEGEND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,675

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,675

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 255
  • I D: 5093755
  • Modified: 2022-10-28
  • 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
Aug 4, 2021
Closed on
Oct 21, 2021
Sold by
Lamarre Fritz and Coq Pascale
Bought by
Abreu Valerie
Seller's Agent
Othoniel Gomez
REALTY ONE GROUP LEGEND
Buyer's Agent
Othoniel Gomez
REALTY ONE GROUP LEGEND
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%
Current Estimated Value
$674,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,768
Avg. Annual Appreciation
8.69%
Original Mortgage
$481,124
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2020
Sold by
Lamarre Coq Properties Llc
Bought by
Lamarre Fritz and Coq Pascale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2019
Sold by
Jcm Properties Vi Llc
Bought by
Lamarre Coq Properties Llc

Purchase Details

Closed on
Nov 8, 2013
Sold by
Mgs Capital Llc
Bought by
Jcm Investors 1012 Llc

Purchase Details

Closed on
Aug 8, 2013
Sold by
Tower Lien Llc
Bought by
Mgs Capital Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Abreu Valerie $490,000 Advent Title Agency Llc
Lamarre Fritz -- Amrock Inc
Lamarre Coq Properties Llc $330,000 Advent Title Agency Llc
Jcm Investors 1012 Llc $110,000 Rms Title Services Llc
Mgs Capital Llc $66,000 Westcor Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abreu Valerie $481,124
Previous Owner Lamarre Fritz $248,500
Previous Owner Jcm Proeprties Vi Llc $3,653,000
Previous Owner Jcm Properties Vi Llc $1,000,000
Previous Owner Jcm Investors 1012 Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $490,000 +3.2% $143 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $475,000 -- $139 / 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
2025 $13,675 $268,400 $19,100 $249,300
2024 $13,160 $268,400 $19,100 $249,300
2022 $12,459 $268,400 $19,100 $249,300
2021 $12,014 $268,400 $19,100 $249,300
2020 $11,206 $268,400 $19,100 $249,300
2019 $10,848 $262,400 $18,900 $243,500
2018 $10,106 $233,600 $18,800 $214,800
2017 $9,639 $231,700 $18,700 $213,000
2016 $10,557 $243,300 $18,100 $225,200
2015 $9,995 $243,300 $18,100 $225,200
2014 $13,746 $474,000 $161,300 $312,700
Source: Public Records

Agents Affiliated with this Home

  • Othoniel Gomez

    Seller's Agent in 2021

    Othoniel Gomez

    REALTY ONE GROUP LEGEND

    (973) 772-0660

    5 in this area

    78 Total Sales

    Othoniel Gomez
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Map

Source: Garden State MLS

MLS Number: 3732169

Garden State MLS

APN: 08-02818-0000-00015

New Jersey Passaic County Paterson 07524 Riverside

255 Lafayette St Unit 257, Paterson, NJ

This home is located at 255 Lafayette St Unit 257, Paterson, NJ 07524 since 04 August 2021 and is currently estimated at $674,768, approximately $196 per square foot. 255 Lafayette St Unit 257 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.

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