NOT LISTED FOR SALE

261 Emerson Ave Unit 265 Paterson, NJ 07502

Hillcrest Neighborhood

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

3 Beds
2.5 Baths
1,368 Sq Ft
$373/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $415,000 $303 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,568/month

115 Days on Market

Highlights

  • Above Ground Pool
  • En-Suite Primary Bedroom
  • Rectangular Lot

About This Home

As of May 2023

This home is located at 261 Emerson Ave Unit 265, Paterson, NJ 07502 since 12 July 2022 and is currently estimated at $510,020, approximately $372 per square foot. 261 Emerson Ave Unit 265 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

Golam Hassan

HomeSmart First Advantage Realty Listed on: 07/12/2022

HomeSmart First Advantage Realty

Last Buyer's Agent

Golam Hassan

HomeSmart First Advantage Realty Listed on: 07/12/2022

HomeSmart First Advantage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,803

Lot Details

  • 5,009

Parking

  • Carport

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Additional Features

  • Basement Fills Entire Space Under The House
  • Above Ground Pool
  • Rectangular Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00005 / 01714

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,803

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Duplex
  • ResoLotFeatures: Regular
  • View Type:Pond View: Sunrise, South
  • Co List Office Phone: 973-354-5000
  • MLS Status: Sold - Sold
  • Directions: Union Ave to Emerson Ave
  • Reso Fireplace Features: None
  • Year Built Details: 1940's,Build Prior to 1978
  • PropertySubTypeAdditional: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: Above Ground
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Aluminum Siding, Brick

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Zoned

Tax Info

  • Tax Annual Amount: 7803.0
  • Tax Block: 01714
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
Apr 18, 2022
Sold by
Gibson and Maria
Bought by
S & M Construction Llc
Seller's Agent
Joseph Aziz
PRESTIGE PROPERTY GROUP MONTCLAIR
Buyer's Agent
Joseph Aziz
PRESTIGE PROPERTY GROUP MONTCLAIR
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Current Estimated Value
$510,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,020
Avg. Annual Appreciation
12.50%
Source: Public Records

Range of Values:

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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% $303 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
08/05/2022 08/05/22 Price Changed $439,000 -5.6% $321 / Sq Ft
07/12/2022 07/12/22 For Sale $465,000 +40.9% $340 / Sq Ft
04/21/2022 04/21/22 Sold $330,000 -5.7% $241 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $350,000 -- $256 / Sq Ft
Source: New Jersey 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 $9,523 $186,900 $95,600 $91,300
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

Agents Affiliated with this Home

  • Golam Hassan

    Seller's Agent in 2023

    Golam Hassan

    HomeSmart First Advantage Realty

    (973) 557-5158

    11 in this area

    50 Total Sales

    Golam Hassan
    Section Image
  • Joseph Aziz

    Seller's Agent in 2022

    Joseph Aziz

    PRESTIGE PROPERTY GROUP MONTCLAIR

    (201) 708-5067

    2 in this area

    216 Total Sales

    Joseph Aziz
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22026064

New Jersey MLS

APN: 08-01714-0000-00005

New Jersey Passaic County Paterson 07502 Hillcrest

261 Emerson Ave Unit 265, Paterson, NJ

This home is located at 261 Emerson Ave Unit 265, Paterson, NJ 07502 since 12 July 2022 and is currently estimated at $510,020, approximately $372 per square foot. 261 Emerson Ave Unit 265 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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