NOT LISTED FOR SALE

274 5th Ave Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $494,000 - $652,000

-- Bed
-- Bath
1,568 Sq Ft
$365/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $381,500 $243 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,742/month

65 Days on Market

About This Home

As of September 2021

This home is located at 274 5th Ave, Paterson, NJ 07524 since 05 May 2021 and is currently estimated at $571,678, approximately $364 per square foot. 274 5th Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

Last Agent to Sell the Property

LINTON GAINES

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 05/05/2021

Last Buyer's Agent

Frank Carrini

THE REALTY BOUTIQUE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,889

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,889

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 274
  • I D: 5068896
  • Modified: 2022-09-21
  • Number Images: 1
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Sep 17, 2021
Sold by
Perez Michael and Cuevas Ramona
Bought by
Capellan Israel
Seller's Agent
LINTON GAINES
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
Frank Carrini
THE REALTY BOUTIQUE
List Price
$399,900
Sold Price
$381,500
Premium/Discount to List
-$18,400
-4.6%
Current Estimated Value
$548,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,607
Avg. Annual Appreciation
9.74%
Original Mortgage
$327,250
Outstanding Balance
$301,248
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$246,859

Purchase Details

Closed on
Dec 4, 2017
Sold by
Ave 272 50Th
Bought by
Gomez Antonio M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
3.95%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 9, 2013
Closed on
Sep 27, 2013
Sold by
Prosperity Capital Group Llc
Bought by
Perez Michael and Cuevas Ramona
Seller's Agent
Domingo Rodriguez
EXP REALTY, LLC
Buyer's Agent
LINTON GAINES
NICHOLAS REAL ESTATE AGENCY
Sold Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$134,550
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2010
Sold by
G3 Property Ventures Llc
Bought by
Prosperity Capital Group Llc

Purchase Details

Closed on
May 21, 2010
Sold by
Bank Of America Na
Bought by
G3 Property Ventures Llc

Purchase Details

Closed on
Mar 22, 2010
Sold by
Passaic County Sheriff
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 7, 2006
Sold by
Herr Stephen
Bought by
Guzman Erickson and Guzman Emilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
6.54%

Purchase Details

Closed on
Jan 4, 1996
Sold by
Urquilla Marco
Bought by
Herr Stephen and Herr Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.97%
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
Capellan Israel $385,000 Residential Com Ttl Agcy Llc
Gomez Antonio M $260,000 Old Republic National Title
Perez Michael $179,400 Passaic Valley Title Servic
Prosperity Capital Group Llc $105,000 --
G3 Property Ventures Llc $105,000 --
Bank Of America Na $506,579 --
Guzman Erickson $397,500 --
Herr Stephen $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capellan Israel $85,000
Open Capellan Israel $327,250
Previous Owner Gomez Antonio M $255,290
Previous Owner Perez Michael $134,550
Previous Owner Guzman Erickson $397,500
Previous Owner Herr Stephen $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $381,500 -4.6% $243 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $399,900 +123.4% $255 / Sq Ft
10/09/2013 10/09/13 Sold $179,000 -- $114 / 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 $8,889 $181,300 $46,200 $135,100
2022 $8,416 $181,300 $46,200 $135,100
2021 $8,115 $181,300 $46,200 $135,100
2020 $7,569 $181,300 $46,200 $135,100
2019 $7,321 $177,100 $45,200 $131,900
2018 $7,549 $174,500 $44,700 $129,800
2017 $7,205 $173,200 $44,400 $128,800
2016 $7,762 $178,900 $42,800 $136,100
2015 $7,349 $178,900 $42,800 $136,100
2014 $7,978 $275,100 $138,200 $136,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    LINTON GAINES

    NICHOLAS REAL ESTATE AGENCY

  • Frank Carrini

    Buyer's Agent in 2021

    Frank Carrini

    THE REALTY BOUTIQUE

    (917) 846-1664

    1 in this area

    6 Total Sales

    Section Image
  • Domingo Rodriguez

    Seller's Agent in 2013

    Domingo Rodriguez

    EXP REALTY, LLC

    (973) 296-3776

    9 in this area

    108 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3710155

Garden State MLS

APN: 08-02115-0000-00016

New Jersey Passaic County Paterson 07524 Riverside

274 5th Ave, Paterson, NJ

This home is located at 274 5th Ave, Paterson, NJ 07524 since 05 May 2021 and is currently estimated at $571,678, approximately $364 per square foot. 274 5th Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

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