NOT LISTED FOR SALE

280 Hamilton Ave Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $493,000 - $645,000

-- Bed
-- Bath
2,050 Sq Ft
$269/Sq Ft Est. Value

Last Sold October 02, 2018

Last sale price $145,000 $71 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $3,646/month

41 Days on Market

About This Home

As of October 2018

This home is located at 280 Hamilton Ave, Paterson, NJ 07501 since 11 July 2018 and is currently estimated at $551,699, approximately $269 per square foot. 280 Hamilton 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

David Quinones

COLDWELL BANKER GARDEN STATE Brokerage Phone: 201-791-9000 Listed on: 07/11/2018

COLDWELL BANKER GARDEN STATE

Last Buyer's Agent

MARTIN BASNER

COLDWELL BANKER GARDEN STATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,799

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,799

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 4820926
  • Attribution Contact: 201-791-9000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X110
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
American Investments Associates Llc
Bought by
Paterson Fund I Llc
Current Estimated Value
$551,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$363,970
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$187,729

Purchase Details

Listed on
Jul 11, 2018
Closed on
Sep 5, 2018
Sold by
U S Bank Na
Bought by
American Investments Associates Llc
Seller's Agent
David Quinones
COLDWELL BANKER GARDEN STATE
Buyer's Agent
MARTIN BASNER
COLDWELL BANKER GARDEN STATE
List Price
$126,900
Sold Price
$145,000
Premium/Discount to List
$18,100
14.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.55%

Purchase Details

Closed on
Nov 26, 1982
Bought by
Green Larry D and Green Mary E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Paterson Fund I Llc $500,000 Ans Title
American Investments Associates Llc $145,000 Mortgage Connect Lp
Green Larry D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paterson Fund I Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2018 10/02/18 Sold $145,000 +14.3% $71 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $126,900 -- $62 / 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 $8,799 $172,700 $23,100 $149,600
2024 $8,467 $172,700 $23,100 $149,600
2022 $8,017 $172,700 $23,100 $149,600
2021 $7,730 $172,700 $23,100 $149,600
2020 $7,210 $172,700 $23,100 $149,600
2019 $6,982 $168,900 $22,800 $146,100
2018 $7,203 $166,500 $22,700 $143,800
2017 $6,872 $165,200 $22,600 $142,600
2016 $7,576 $174,600 $23,800 $150,800
2015 $7,173 $174,600 $23,800 $150,800
2014 $6,380 $220,000 $92,700 $127,300
Source: Public Records

Agents Affiliated with this Home

  • David Quinones

    Seller's Agent in 2018

    David Quinones

    COLDWELL BANKER GARDEN STATE

    (201) 773-9109

    3 in this area

    45 Total Sales

    David Quinones
    Section Image

  • M

    Buyer's Agent in 2018

    MARTIN BASNER

    COLDWELL BANKER GARDEN STATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3486318

Garden State MLS

APN: 08-03513-0000-00011

New Jersey Passaic County Paterson 07501 Eastside

280 Hamilton Ave, Paterson, NJ

Not Listed for Sale

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