NOT LISTED FOR SALE

260 Paterson Ave Unit 262 Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $606,000 - $689,834

-- Bed
-- Bath
2,352 Sq Ft
$278/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $500,000 $213 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,599/month

51 Days on Market

About This Home

As of August 2021

This home is located at 260 Paterson Ave Unit 262, Paterson, NJ 07502 since 24 May 2021 and is currently estimated at $654,959, approximately $278 per square foot. 260 Paterson 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.

Last Agent to Sell the Property

WALTER VEGA SR.

REAL Brokerage Phone: 973-354-5000 Listed on: 05/24/2021

Last Buyer's Agent

Zakirul Himel

REALTY ONE GROUP LEGEND

REALTY ONE GROUP LEGEND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,870

Lot Details

  • 5,663 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,870

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 260
  • I D: 5074093
  • Modified: 2022-08-12
  • Number Images: 1
  • Attribution Contact: 973-354-5000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X112
  • Total Acres: 0.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Aug 11, 2021
Sold by
Colon Juan
Bought by
Miah Md Kasru and Begum Shamima
Seller's Agent
WALTER VEGA SR.
REAL
Buyer's Agent
Zakirul Himel
REALTY ONE GROUP LEGEND
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Current Estimated Value
$680,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,295
Avg. Annual Appreciation
7.96%
Original Mortgage
$425,000
Outstanding Balance
$390,075
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$290,220

Purchase Details

Closed on
Sep 5, 2012
Sold by
Romano Alfredo and Romano Concetta
Bought by
Colon Juan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Miah Md Kasru $500,000 Chicago Title Insurance Co
Colon Juan R $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miah Md Kasru $425,000
Previous Owner Colon Juan R $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2021 08/11/21 Sold $500,000 +0.2% $213 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $499,000 0.0% $212 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $499,000 -- $212 / 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 $11,870 $242,100 $59,200 $182,900
2022 $11,238 $242,100 $59,200 $182,900
2021 $10,836 $242,100 $59,200 $182,900
2020 $10,108 $242,100 $59,200 $182,900
2019 $9,698 $234,600 $55,900 $178,700
2018 $10,006 $231,300 $55,500 $175,800
2017 $9,501 $228,400 $55,200 $173,200
2016 $10,466 $241,200 $58,100 $183,100
2015 $9,909 $241,200 $58,100 $183,100
2014 $10,327 $356,100 $152,300 $203,800
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    WALTER VEGA SR.

    REAL

  • Z

    Buyer's Agent in 2021

    Zakirul Himel

    REALTY ONE GROUP LEGEND

    (973) 978-7789

    9 in this area

    15 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3714918

Garden State MLS

APN: 08-01015-0000-00024

New Jersey Passaic County Paterson 07502 Totowa Section

260 Paterson Ave Unit 262, Paterson, NJ

This home is located at 260 Paterson Ave Unit 262, Paterson, NJ 07502 since 24 May 2021 and is currently estimated at $654,959, approximately $278 per square foot. 260 Paterson 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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