$577,500
SOLD FEB 28, 2025

277 Illinois Ave Unit 279 Paterson, NJ 07503

South Paterson Neighborhood
3 Beds
3 Baths
1,400 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$412 Per Sq Ft

25 Days on Market

About This Home

As of February 2025

This home is located at 277 Illinois Ave Unit 279, Paterson, NJ 07503 and is currently priced at $577,500, approximately $412 per square foot. 277 Illinois Ave Unit 279 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.

Last Agent to Sell the Property

KHALED ALAWI

MODERN REALTY GROUP Brokerage Phone: 201-933-3366 Listed on: 01/07/2025

Last Buyer's Agent

Karen Peters

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Lot Details

  • 5,227 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 5331385
  • Attribution Contact: 201-933-3366
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 35X150
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Feb 28, 2025
Sold by
277-279 Illinois Ave Llc
Bought by
Velez Alexy S and Morales Bereniz
Seller's Agent
KHALED ALAWI
MODERN REALTY GROUP
Buyer's Agent
Karen Peters
COLDWELL BANKER REALTY
List Price
$574,999
Sold Price
$577,500
Premium/Discount to List
$2,501
0.43%
Views
53
Current Estimated Value
$555,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,145
Avg. Annual Appreciation
-4.95%
Original Mortgage
$564,585
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2024
Sold by
Miller Maximus
Bought by
277-279 Illinois Ave Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $577,500 Westcor Land Title
Deed $577,500 Westcor Land Title
Deed $395,000 Rally Point Title
Deed $395,000 Rally Point Title
Deed $395,000 Rally Point Title
Deed $395,000 Rally Point Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $564,585 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $577,500 +0.4% $413 / Sq Ft
02/01/2025 02/01/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $574,999 -- $411 / 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
2025 $9,920 $194,700 $85,100 $109,600
2024 $9,546 $194,700 $85,100 $109,600
2022 $9,038 $194,700 $85,100 $109,600
2021 $8,715 $194,700 $85,100 $109,600
2020 $8,129 $194,700 $85,100 $109,600
2019 $7,875 $190,500 $83,400 $107,100
2018 $8,133 $188,000 $82,600 $105,400
2017 $7,763 $186,600 $82,100 $104,500
2016 $7,890 $187,600 $77,100 $110,500
2015 $7,457 $187,600 $77,100 $110,500
2014 $7,986 $284,000 $170,000 $114,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    KHALED ALAWI

    MODERN REALTY GROUP

  • Karen Peters

    Buyer's Agent in 2025

    Karen Peters

    COLDWELL BANKER REALTY

    (862) 400-2933

    2 in this area

    521 Total Sales

    Karen Peters
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Map

Source: Garden State MLS

MLS Number: 3940254

Garden State MLS

APN: 08-07603-0000-00019

New Jersey Passaic County Paterson 07503 South Paterson

277 Illinois Ave Unit 279, Paterson, NJ

Sold

Detached

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