NOT LISTED FOR SALE

260 Cumberland Ave Unit 262 Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $529,000 - $625,000

3 Beds
2.5 Baths
1,558 Sq Ft
$361/Sq Ft Est. Value

Last Sold November 26, 2021

Last sale price $370,000 $237 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,947/month

14 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • Workshop
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of November 2021

Cape cod with 2 bedrooms, living room, dining room and full bath on 1st floor, 2nd floor In-law suite with 1 bedroom, kitchenette and full bath. Finished basement with garage and separate entrance.

Last Agent to Sell the Property

Faith Salviano

PLATINUM REAL ESTATE SOLUTIONS Listed on: 07/28/2021

Last Buyer's Agent

Odalys Ibarra

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,880

Year Built

  • Built in 1960

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Wood Siding

Interior Spaces

  • Family Room
  • Living Room
  • Formal Dining Room
  • Workshop
  • Utility Room
  • Carbon Monoxide Detectors

Kitchen

  • Second Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access

Outdoor Features

  • Patio

Schools

  • Number 27 Elementary School
  • Jfk High School

Utilities

  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2508-01601-0000-00030-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,880

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 260
  • Directions: Union Ave to Cumberland or Chamberlain to Cumberland
  • I D: 5091701
  • Modified: 2022-11-27
  • Number Images: 1
  • First Name: FAITH
  • First Name3: ODALYS
  • Last Name: SALVIANO
  • Last Name3: IBARRA
  • Office Phone: 973-837-8510
  • Office Phone3: 201-963-1400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas
  • Number Rooms: 11
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Basement Level Rooms: Bath(s) Other, Family Room, GarEnter, Kitchen, Utility Room, Walkout, Workshop
  • Dining Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Living Room
  • Kitchen Area: Second Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Dining Room, Kitchen, Living Room
  • Level 2 Rooms: 1 Bedroom, Bath Main, Kitchen, LivDinRm
  • Phone: 973-837-8510

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: NUMBER 27
  • High School: JFK
  • High School: JFK

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 128900
  • Assessed Land Value: 83800
  • Assessment: 212700
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 30
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8880
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-01601-0000-00030-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.175
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: NUMBER 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Nov 24, 2021
Sold by
Cherone Lawrence P
Bought by
Penaranda Gregorio and Villanueva Jeritza
Seller's Agent
Faith Salviano
PLATINUM REAL ESTATE SOLUTIONS
Buyer's Agent
Odalys Ibarra
COLDWELL BANKER REALTY
List Price
$359,900
Sold Price
$370,000
Premium/Discount to List
$10,100
2.81%
Current Estimated Value
$563,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,073
Avg. Annual Appreciation
11.75%
Original Mortgage
$10,000
Outstanding Balance
$1,101
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$561,972
Source: Public Records

Range of Values:

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Average Value
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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
Penaranda Gregorio $370,000 Kane Timothy P
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penaranda Gregorio $10,000
Previous Owner Penaranda Gregorio $363,298
Previous Owner Cherone Peter $540,000
Previous Owner Cherone Phyllis $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2021 11/26/21 Sold $370,000 +2.8% $237 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $359,900 -- $231 / 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 $10,837 $212,700 $83,800 $128,900
2024 $10,429 $212,700 $83,800 $128,900
2022 $9,874 $212,700 $83,800 $128,900
2021 $9,520 $212,700 $83,800 $128,900
2020 $8,880 $212,700 $83,800 $128,900
2019 $8,599 $208,000 $82,100 $125,900
2018 $8,877 $205,200 $81,300 $123,900
2017 $8,474 $203,700 $80,800 $122,900
2016 $8,825 $214,900 $85,000 $129,900
2015 $8,328 $214,900 $85,000 $129,900
2014 $9,702 $351,800 $198,800 $153,000
Source: Public Records

Agents Affiliated with this Home

  • Faith Salviano

    Seller's Agent in 2021

    Faith Salviano

    PLATINUM REAL ESTATE SOLUTIONS

    (973) 979-5054

    3 in this area

    26 Total Sales

    Faith Salviano
    Section Image
  • Odalys Ibarra

    Buyer's Agent in 2021

    Odalys Ibarra

    COLDWELL BANKER REALTY

    (201) 673-3328

    1 in this area

    29 Total Sales

    Odalys Ibarra
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3730930

Garden State MLS

APN: 08-01601-0000-00030

New Jersey Passaic County Paterson 07502 Hillcrest

260 Cumberland Ave Unit 262, Paterson, NJ

This home is located at 260 Cumberland Ave Unit 262, Paterson, NJ 07502 since 28 July 2021 and is currently estimated at $563,073, approximately $361 per square foot. This property was built in 1960. 260 Cumberland Ave Unit 262 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

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