NOT LISTED FOR SALE

285 Preakness Ave Unit 285 Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $588,000 - $717,535

-- Bed
-- Bath
1,726 Sq Ft
$378/Sq Ft Est. Value

About This Home

This home is located at 285 Preakness Ave Unit 285, Paterson, NJ 07502 and is currently estimated at $652,768, approximately $378 per square foot. 285 Preakness Ave Unit 285 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2016
Sold by
Proakness Ll C
Bought by
Ahmed Sayak
Current Estimated Value
$652,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Outstanding Balance
$143,092
Interest Rate
3.42%
Mortgage Type
Commercial
Estimated Equity
$509,676

Purchase Details

Closed on
Apr 7, 2014
Sold by
Sarita Viannek and Espejo Jim
Bought by
285-287 Preakness Llc

Purchase Details

Closed on
Jan 23, 2007
Sold by
Viannek Sarita Ovalles
Bought by
Viannek Sarita Ovalles and Espejo Jim

Purchase Details

Closed on
Oct 4, 2006
Sold by
Espejo Jim
Bought by
Ovalles Viannek S

Purchase Details

Closed on
Oct 16, 2003
Sold by
Hud
Bought by
Espejo Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.05%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ahmed Sayak $256,000 Old Republic National Title
285-287 Preakness Llc $140,000 None Available
Viannek Sarita Ovalles -- --
Ovalles Viannek S $475,000 --
Espejo Jim $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Sayak $179,200
Previous Owner Espejo Jim $234,000
Source: Public Records

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 $15,056 $295,500 $87,500 $208,000
2024 $14,488 $295,500 $87,500 $208,000
2022 $13,717 $295,500 $87,500 $208,000
2021 $13,227 $295,500 $87,500 $208,000
2020 $12,337 $295,500 $87,500 $208,000
2019 $11,757 $284,400 $87,500 $196,900
2018 $11,062 $255,700 $87,500 $168,200
2017 $10,096 $242,700 $87,500 $155,200
2016 $10,531 $242,700 $87,500 $155,200
2015 $9,970 $242,700 $87,500 $155,200
2014 $9,822 $338,700 $223,100 $115,600
Source: Public Records

Map

New Jersey Passaic County Paterson 07502 Hillcrest

285 Preakness Ave Unit 285, Paterson, NJ

This home is located at 285 Preakness Ave Unit 285, Paterson, NJ 07502 and is currently estimated at $652,768, approximately $378 per square foot. 285 Preakness Ave Unit 285 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

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