NOT LISTED FOR SALE

294 Preakness Ave Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $340,000 - $410,000

4 Beds
1 Bath
1,067 Sq Ft
$341/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $265,000 $248 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,423/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

As of May 2022

This home is located at 294 Preakness Ave, Paterson, NJ 07502 since 28 March 2022 and is currently estimated at $363,440, approximately $340 per square foot. This property was built in 1950. 294 Preakness Ave 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.

Last Agent to Sell the Property

WALTER PORTO

NICHOLAS REAL ESTATE AGENCY Listed on: 03/28/2022

Last Buyer's Agent

WALTER PORTO

NICHOLAS REAL ESTATE AGENCY Listed on: 03/28/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,122

Year Built

  • Built in 1950

Lot Details

  • 2,614

Home Design

  • Colonial Architecture
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Standard Electricity

Additional Features

  • Eat-In Kitchen
  • 2,614 Sq Ft Lot
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 2508-01206-0000-00010-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,122

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Unknown
  • County Name: Passaic
  • Possible Other Uses: Home-Office
  • Directions: Union Ave. to Preakness Ave.
  • I D: 5138968
  • First Name: WALTER
  • First Name3: WALTER
  • Last Name: PORTO
  • Last Name3: PORTO
  • Office Phone: 9733401202
  • Office Phone3: 9733401202
  • Attribution Contact: 973-340-1202
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector
  • Bedrooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Phone: 973-340-1202

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water

Lot Info

  • Lot Size: 25X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5122
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-01206-0000-00010-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.476
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 26, 2022
Sold by
Nunez Maria L
Bought by
Tania Tahmina
Seller's Agent
WALTER PORTO
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
WALTER PORTO
NICHOLAS REAL ESTATE AGENCY
List Price
$276,900
Sold Price
$265,000
Premium/Discount to List
-$11,900
-4.3%
Current Estimated Value
$363,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,440
Avg. Annual Appreciation
9.68%
Original Mortgage
$251,750
Outstanding Balance
$239,183
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$124,257

Purchase Details

Listed on
Mar 20, 2019
Closed on
Aug 12, 2019
Sold by
Pickens Kevin and Pickens Tammi
Bought by
Nunez Maria L
Seller's Agent
Nicholas Tselepis
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
WALTER PORTO
NICHOLAS REAL ESTATE AGENCY
List Price
$150,000
Sold Price
$142,000
Premium/Discount to List
-$8,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.06%
Original Mortgage
$106,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2000
Sold by
Sanfilippo Robert and Sanfilippo Eleanor
Bought by
Pickens Kevin and Pickens Tammi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,346
Interest Rate
8.24%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Tania Tahmina $265,000 Pena Peter
Tahmina Tania $265,000 Pena Peter
Nunez Maria L $142,000 Elite Title Group Llc
Pickens Kevin $80,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tahmina Tania $251,750
Closed Tahmina Tania $251,750
Previous Owner Nunez Maria L $106,500
Previous Owner Pickens Kevin $79,346
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Sold $265,000 -4.3% $248 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $276,900 +95.0% $260 / Sq Ft
08/12/2019 08/12/19 Sold $142,000 -5.3% $133 / Sq Ft View Prior Sale
07/12/2019 07/12/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $150,000 -- $141 / 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 $6,252 $122,700 $30,200 $92,500
2024 $6,016 $122,700 $30,200 $92,500
2022 $5,696 $122,700 $30,200 $92,500
2021 $5,492 $122,700 $30,200 $92,500
2020 $5,123 $122,700 $30,200 $92,500
2019 $4,039 $97,700 $29,600 $68,100
2018 $4,170 $96,400 $29,300 $67,100
2017 $3,977 $95,600 $29,100 $66,500
2016 $4,378 $100,900 $30,600 $70,300
2015 $4,145 $100,900 $30,600 $70,300
2014 $6,946 $239,500 $131,800 $107,700
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    WALTER PORTO

    NICHOLAS REAL ESTATE AGENCY

  • Nicholas Tselepis

    Seller's Agent in 2019

    Nicholas Tselepis

    NICHOLAS REAL ESTATE AGENCY

    (973) 340-1202

    10 in this area

    160 Total Sales

    Nicholas Tselepis
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Map

Source: Garden State MLS

MLS Number: 3771735

Garden State MLS

APN: 08-01206-0000-00010

New Jersey Passaic County Paterson 07502 Totowa Section

294 Preakness Ave, Paterson, NJ

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