NOT LISTED FOR SALE

268-270 Paterson Ave Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $477,780 - $575,000

6 Beds
2 Baths
1,712 Sq Ft
$295/Sq Ft Est. Value

About This Home

This home is located at 268-270 Paterson Ave, Paterson, NJ 07502 and is currently estimated at $505,695, approximately $295 per square foot. 268-270 Paterson Ave 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2025
Sold by
Ahmed Yusuf
Bought by
Ahmed Masud and Begum Shamima
Current Estimated Value
$505,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,596
Outstanding Balance
$569,111
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
-$63,416

Purchase Details

Closed on
Aug 7, 2021
Sold by
Silvera Henry and Silvera Estella A
Bought by
Ahmed Yusuf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 2004
Sold by
Mcgrath Robert
Bought by
Silvera Henry and Silvera Estella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,200
Interest Rate
5.81%

Purchase Details

Closed on
Mar 6, 1998
Sold by
Mcgrath Madeline E
Bought by
Mcgrath Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.92%
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
Ahmed Masud $622,000 American Land Title
Ahmed Yusuf $320,000 Main Street Title
Silvera Henry $258,000 --
Mcgrath Robert R $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Masud $569,596
Previous Owner Ahmed Yusuf $314,204
Previous Owner Silvera Henry $279,156
Previous Owner Silvera Henry $296,250
Previous Owner Silvera Henry $232,200
Previous Owner Mcgrath Robert R $40,000
Source: Public Records

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 $8,101 $159,000 $47,500 $111,500
2024 $7,796 $159,000 $47,500 $111,500
2022 $7,381 $159,000 $47,500 $111,500
2021 $7,117 $159,000 $47,500 $111,500
2020 $6,638 $159,000 $47,500 $111,500
2019 $6,333 $153,200 $44,200 $109,000
2018 $6,532 $151,000 $43,800 $107,200
2017 $6,714 $161,400 $43,500 $117,900
2016 $7,398 $170,500 $45,800 $124,700
2015 $7,004 $170,500 $45,800 $124,700
2014 $7,920 $273,100 $128,000 $145,100
Source: Public Records

Map

New Jersey Passaic County Paterson 07502 Totowa Section

268-270 Paterson Ave, Paterson, NJ

This home is located at 268-270 Paterson Ave, Paterson, NJ 07502 and is currently estimated at $505,695, approximately $295 per square foot. 268-270 Paterson Ave 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.

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