NOT LISTED FOR SALE

285 Hamilton Ave Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $479,000 - $653,000

-- Bed
-- Bath
2,078 Sq Ft
$268/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $107,100 $52 Per Sq Ft

Est. 421% increase in value since last sale

Current estimated payment $3,561/month

117 Days on Market

About This Home

As of April 2018

This home is located at 285 Hamilton Ave, Paterson, NJ 07501 since 22 October 2017 and is currently estimated at $557,928, approximately $268 per square foot. 285 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

Adeel Salam

FOUR POINT REALTY, LLC Brokerage Phone: 732-326-9030 Listed on: 10/22/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,378

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,378

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 4755397
  • Attribution Contact: 732-326-9030
  • 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

Closed on
Jun 17, 2019
Sold by
285 Hamilton Ave Llc
Bought by
Colon Nick and Perez Olidia
Current Estimated Value
$557,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$184,267
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$373,661

Purchase Details

Listed on
Oct 22, 2017
Closed on
May 13, 2018
Sold by
Asset One Llc
Bought by
285 Hamilton Ave Llc
Seller's Agent
Adeel Salam
FOUR POINT REALTY, LLC
List Price
$149,900
Sold Price
$107,100
Premium/Discount to List
-$42,800
-28.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.18%
Original Mortgage
$125,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 5, 2017
Closed on
Aug 4, 2017
Sold by
U S Rof Iii Legal Title Trust
Bought by
Asset One Llc
Seller's Agent
Adeel Salam
FOUR POINT REALTY, LLC
Buyer's Agent
Adeel Salam
FOUR POINT REALTY, LLC
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.60%

Purchase Details

Closed on
Mar 20, 2017
Sold by
Cruse Derneeka N
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 26, 2011
Sold by
919 East 24Th Llc
Bought by
Cruse Derneeka N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,240
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2010
Sold by
Deutsche Bank Trust Company Americas
Bought by
919 E 24Th Llc

Purchase Details

Closed on
May 18, 2009
Sold by
Passaic County Sheriff and Fernandez Edwin
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Dec 27, 2006
Sold by
Rivas Lucrecia
Bought by
Fernandez Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2005
Sold by
Solis Gladys
Bought by
Rivas Lucreis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2004
Sold by
Barna Norman
Bought by
Solis Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.33%

Purchase Details

Closed on
Nov 26, 1997
Sold by
Lathan Ronald
Bought by
Greene Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,650
Interest Rate
7.26%
Mortgage Type
VA
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 Buyer Sale Price Title Company
Colon Nick -- Integra Title & Abstract Llc
285 Hamilton Ave Llc $107,100 None Available
Asset One Llc $69,900 Cosmos Title Agency Llc
Us Bank Na -- None Available
Cruse Derneeka N $260,000 --
919 E 24Th Llc $30,000 --
Deutsche Bank Trust Company Americas $313,676 --
Fernandez Edwin $355,000 --
Rivas Lucreis $257,000 --
Solis Gladys $190,000 --
Greene Ernest $73,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colon Nick $210,000
Previous Owner 285 Hamilton Ave Llc $125,000
Previous Owner Cruse Derneeka N $236,240
Previous Owner Fernandez Edwin $284,000
Previous Owner Rivas Lucreis $201,600
Previous Owner Solis Gladys $171,000
Previous Owner Greene Ernest $74,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2018 04/13/18 Sold $107,100 -28.6% $52 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
10/22/2017 10/22/17 For Sale $149,900 +114.4% $72 / Sq Ft
08/04/2017 08/04/17 Sold $69,900 0.0% $34 / Sq Ft View Prior Sale
07/05/2017 07/05/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $69,900 -- $34 / 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 $7,378 $144,800 $17,500 $127,300
2024 $7,100 $144,800 $17,500 $127,300
2022 $6,722 $144,800 $17,500 $127,300
2021 $6,481 $144,800 $17,500 $127,300
2020 $6,045 $144,800 $17,500 $127,300
2019 $5,858 $141,700 $17,300 $124,400
2018 $6,999 $161,800 $17,200 $144,600
2017 $6,681 $160,600 $17,100 $143,500
2016 $7,359 $169,600 $18,000 $151,600
2015 $6,967 $169,600 $18,000 $151,600
2014 $10,408 $358,900 $141,400 $217,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Adeel Salam

    FOUR POINT REALTY, LLC

    (732) 629-0002

    37 Total Sales

    Adeel Salam
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Map

Source: Garden State MLS

MLS Number: 3426406

Garden State MLS

APN: 08-03514-0000-00027

New Jersey Passaic County Paterson 07501 Eastside

285 Hamilton Ave, Paterson, NJ

Not Listed for Sale

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