NOT LISTED FOR SALE

288 Atlantic St Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $553,000 - $616,000

-- Bed
-- Bath
1,536 Sq Ft
$382/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $425,000 $277 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,918/month

5 Days on Market

About This Home

As of May 2021

This home is located at 288 Atlantic St, Paterson, NJ 07503 since 13 January 2021 and is currently estimated at $586,622, approximately $381 per square foot. 288 Atlantic St is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

Last Agent to Sell the Property

Fathi Bashir

BHHS FOX & ROACH Brokerage Phone: 732-494-7677 Listed on: 01/13/2021

BHHS FOX & ROACH

Last Buyer's Agent

FAISAL AHMED

REALTY ONE GROUP SUNRISE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,840

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,840

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 288
  • I D: 5041826
  • Modified: 2022-05-07
  • Number Images: 0
  • Attribution Contact: 732-494-7677
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X50
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
May 3, 2021
Sold by
Aburoumi Abdallah
Bought by
Ahmed Sadia
Seller's Agent
Fathi Bashir
BHHS FOX & ROACH
Buyer's Agent
FAISAL AHMED
REALTY ONE GROUP SUNRISE
List Price
$379,000
Sold Price
$425,000
Premium/Discount to List
$46,000
12.14%
Current Estimated Value
$581,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,073
Avg. Annual Appreciation
7.94%
Original Mortgage
$417,302
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 2011
Sold by
Aburoumi Mahmoud
Bought by
Aburoumi Abdallah

Purchase Details

Closed on
Oct 26, 2006
Sold by
Kanan Abdeljal S
Bought by
Aburoumi Mahmoud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2005
Sold by
Kanaan Mahmoud
Bought by
Kanan Abdeljal

Purchase Details

Closed on
Dec 3, 2002
Sold by
Zaydan Taysier
Bought by
Kanaan Mahmoud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.17%

Purchase Details

Closed on
Jun 24, 2002
Sold by
Lb Capital Llc
Bought by
Zaidan Taysier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
6.39%

Purchase Details

Closed on
Mar 1, 1999
Sold by
Gomez Felix and Lopez Rosa G
Bought by
Hud
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Sadia $425,000 Main Street Title
Aburoumi Abdallah $280,000 --
Aburoumi Mahmoud $275,000 --
Kanan Abdeljal $140,000 --
Kanaan Mahmoud $110,000 --
Zaidan Taysier $75,900 --
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Sadia $14,158
Open Ahmed Sadia $55,293
Previous Owner Ahmed Sadia $417,302
Previous Owner Aburoumi Abdallah $183,000
Previous Owner Aburumi Mahmoud $189,941
Previous Owner Aburoumi Mahmoud $200,000
Previous Owner Kanaan Mahmoud $99,000
Previous Owner Zaidan Taysier $53,200
Previous Owner Santelli Tom $52,939
Previous Owner Santelli Tom $58,002
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $425,000 +12.1% $277 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $379,000 -- $247 / 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
2024 $8,840 $180,300 $51,900 $128,400
2022 $8,370 $180,300 $51,900 $128,400
2021 $8,070 $180,300 $51,900 $128,400
2020 $7,528 $180,300 $51,900 $128,400
2019 $7,280 $176,100 $50,700 $125,400
2018 $7,510 $173,600 $50,200 $123,400
2017 $7,168 $172,300 $49,900 $122,400
2016 $7,893 $181,900 $52,500 $129,400
2015 $7,472 $181,900 $52,500 $129,400
2014 $7,250 $250,000 $129,600 $120,400
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Fathi Bashir

    BHHS FOX & ROACH

    (732) 494-7677

    2 in this area

    16 Total Sales

    Section Image

  • F

    Buyer's Agent in 2021

    FAISAL AHMED

    REALTY ONE GROUP SUNRISE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3686852

Garden State MLS

APN: 08-05405-0000-00014

New Jersey Passaic County Paterson 07503 South Paterson

288 Atlantic St, Paterson, NJ

This home is located at 288 Atlantic St, Paterson, NJ 07503 since 13 January 2021 and is currently estimated at $586,622, approximately $381 per square foot. 288 Atlantic St is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

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