$481,000 - $611,000
RENTED AUG 25, 2025

268 Paterson Ave Unit 2 Paterson, NJ 07502

Totowa Section Neighborhood
4 Beds
1 Bath
-- Sq Ft
1900 Built

About This Home

As of August 2025

Welcome to this 4-bedroom, two-level apartment located near the Wayne and Totowa border in one of Paterson's most desirable neighborhoods. Offering both comfort and convenience, this home features its own private entrance and access to a large shared backyard. Inside, the layout includes four bedrooms, with two full-size rooms and two smaller ones ideal for an office, nursery, or additional storage. Closet space throughout the home adds functionality. The home is in the Hillcrest neighborhood, close to shopping, dining, and mass transit, making everyday errands and commuting easy. Tenant pays gas & electric. Move-in cost is $9,100.

Last Agent to Rent the Property

Melissa King

Keller Williams Prosperity Realty Listed on: 08/01/2025

Keller Williams Prosperity Realty

Last Renter's Agent

Nazir Huntington

Keller Williams Prosperity Realty

Keller Williams Prosperity Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,101

Year Built

  • 1900

Kitchen

  • Gas Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Community Details

  • No Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,101

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Apartment
  • ResoLaundryFeatures: None
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Ov/Rang/Gs, Refrigerator, Water
  • Reso Association Amenities: None
  • Reso Pets Allowed: No
  • Co List Office Phone: 973-696-0077
  • MLS Status: Leased - Leased
  • Directions: Chamberlain Ave to Preakness Ave to Crosby Ave to Paterson Ave
  • Year Built Details: 1900-1939
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Gas
  • Heating: Natural Gas, Radiant Floor

Lot Info

  • Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2025
Closed on
Jul 16, 2025
Sold by
Ahmed Yusuf
Bought by
Ahmed Masud and Begum Shamima
Seller's Agent
Melissa King
Keller Williams Prosperity Realty
Buyer's Agent
Nazir Huntington
Keller Williams Prosperity Realty
Current Estimated Value
$529,003

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
-$40,108

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:

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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

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Rented -- -- --
08/01/2025 08/01/25 For Rent $2,600 -- --
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 $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

Agents Affiliated with this Home

  • Melissa King

    Landlord's Agent in 2025

    Melissa King

    Keller Williams Prosperity Realty

    (973) 632-6768

    41 Total Sales

    Melissa King
    Section Image
  • Nazir Huntington

    Tenant's Agent in 2025

    Nazir Huntington

    Keller Williams Prosperity Realty

    (862) 290-2265

    1 in this area

    31 Total Sales

    Nazir Huntington
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 25027127

New Jersey MLS

APN: 08-01015-0000-00026

New Jersey Passaic County Paterson 07502 Totowa Section

268 Paterson Ave Unit 2, Paterson, NJ

This home is located at 268 Paterson Ave Unit 2, Paterson, NJ 07502 since 01 August 2025 and is currently priced at $529,003. This property was built in 1900. 268 Paterson Ave Unit 2 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, 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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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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