NOT LISTED FOR SALE

285 Illinois Ave Unit 287 Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $426,000 - $572,000

2 Beds
2 Baths
896 Sq Ft
$544/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $410,000 $458 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,238/month

86 Days on Market

About This Home

As of July 2023

This home is located at 285 Illinois Ave Unit 287, Paterson, NJ 07503 since 28 March 2023 and is currently estimated at $487,107, approximately $543 per square foot. 285 Illinois Ave Unit 287 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

DAVID KELLEY

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 03/28/2023

Last Buyer's Agent

JOSE PEREZ

HOWARD HANNA RAND REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,203

Lot Details

  • 5,227 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,203

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 285
  • I D: 5211598
  • Modified: 2024-07-15
  • Number Images: 1
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 33X150
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Jul 7, 2023
Sold by
Alnatur Tarek
Bought by
Costa Jennifer
Seller's Agent
DAVID KELLEY
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
JOSE PEREZ
HOWARD HANNA RAND REALTY
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%
Views
143
Current Estimated Value
$487,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,107
Avg. Annual Appreciation
8.07%
Original Mortgage
$389,500
Outstanding Balance
$380,070
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$107,037

Purchase Details

Closed on
Apr 8, 2016
Sold by
Aknatur Yoosif and Alnatur Basma
Bought by
Alnatur Basma

Purchase Details

Closed on
Feb 12, 2001
Sold by
Velez Miguel
Bought by
Cabrera Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

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
Costa Jennifer $410,000 Stewart Title Guaranty Company
Costa Jennifer $410,000 Stewart Title Guaranty Company
Alnatur Basma -- None Available
Cabrera Norma $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costa Jennifer $389,500
Closed Costa Jennifer $389,500
Previous Owner Cabrera Norma $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $410,000 -2.4% $458 / Sq Ft
04/20/2023 04/20/23 Price Changed $420,000 -6.7% $469 / Sq Ft
03/28/2023 03/28/23 For Sale $450,000 -- $502 / 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 $8,203 $161,000 $83,800 $77,200
2024 $7,894 $161,000 $83,800 $77,200
2023 $7,474 $161,000 $83,800 $77,200
2022 $7,474 $161,000 $83,800 $77,200
2021 $7,206 $161,000 $83,800 $77,200
2020 $6,722 $161,000 $83,800 $77,200
2019 $6,511 $157,500 $82,100 $75,400
2018 $6,727 $155,500 $81,300 $74,200
2017 $6,423 $154,400 $80,800 $73,600
2016 $6,665 $153,600 $75,800 $77,800
2015 $6,310 $153,600 $75,800 $77,800
2014 $9,413 $324,600 $218,500 $106,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    DAVID KELLEY

    NICHOLAS REAL ESTATE AGENCY

  • J

    Buyer's Agent in 2023

    JOSE PEREZ

    Rand Realty

See All Agents

Map

Source: Garden State MLS

MLS Number: 3835411

Garden State MLS

APN: 08-07603-0000-00016

New Jersey Passaic County Paterson 07503 South Paterson

285 Illinois Ave Unit 287, Paterson, NJ

This home is located at 285 Illinois Ave Unit 287, Paterson, NJ 07503 since 28 March 2023 and is currently estimated at $487,107, approximately $543 per square foot. 285 Illinois Ave Unit 287 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.

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