NOT LISTED FOR SALE

261 Emerson Ave Unit 1 Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $494,000 - $532,000

3 Beds
3 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold May 04, 2023

Last sale price $415,000

Est. 18% increase in value since last sale

Current estimated payment $3,475/month

115 Days on Market

About This Home

As of May 2023

This home is located at 261 Emerson Ave Unit 1, Paterson, NJ 07502 since 12 July 2022 and is currently estimated at $510,020. 261 Emerson Ave Unit 1 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.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,164

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,164

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 261
  • I D: 5165508
  • Modified: 2024-05-05
  • Number Images: 1
  • Attribution Contact: 973-354-5000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2022
Sold by
Gibson and Maria
Bought by
S & M Construction Llc
Current Estimated Value
$490,790
Source: Public Records

Range of Values:

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
S & M Construction Llc $330,000 Aziz Peter G
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson Jeffrey $233,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $415,000 -5.5% --
11/04/2022 11/04/22 Pending -- -- --
08/05/2022 08/05/22 Price Changed $439,000 -5.6% --
07/12/2022 07/12/22 For Sale $465,000 -- --
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 $9,164 $186,900 $95,600 $91,300
2022 $8,676 $186,900 $95,600 $91,300
2021 $8,366 $186,900 $95,600 $91,300
2020 $7,803 $186,900 $95,600 $91,300
2019 $7,565 $183,000 $93,900 $89,100
2018 $7,821 $180,800 $93,100 $87,700
2017 $7,471 $179,600 $92,600 $87,000
2016 $8,222 $189,500 $97,500 $92,000
2015 $7,785 $189,500 $97,500 $92,000
2014 $10,950 $377,600 $213,000 $164,600
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 3795475

Garden State MLS

APN: 08-01714-0000-00005

New Jersey Passaic County Paterson 07502 Hillcrest

261 Emerson Ave Unit 1, Paterson, NJ

This home is located at 261 Emerson Ave Unit 1, Paterson, NJ 07502 since 12 July 2022 and is currently estimated at $510,020. 261 Emerson Ave Unit 1 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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