NOT LISTED FOR SALE

295 Ryerson Ave Unit 297 Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $516,000 - $595,000

4 Beds
3 Baths
1,757 Sq Ft
$318/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $515,000 $293 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,945/month

8 Days on Market

About This Home

As of March 2024

Introducing a fantastic investment opportunity in the sought-after Hillcrest neighborhood of Paterson! This charming 2-family property features a total of 4 bedrooms and 3 bathrooms, including a finished basement with a walkout. With separate utilities and a detached 2-car garage, there is ample storage space and plenty of parking available. Close to highways, schools, and house of worship. Property is being sold "AS IS" but in good condition.

Last Agent to Sell the Property

Romina Rodriguez

Coldwell Banker, Ridgewood Listed on: 11/09/2023

Coldwell Banker, Ridgewood

Last Buyer's Agent

Romina Rodriguez

Coldwell Banker, Ridgewood Listed on: 11/09/2023

Coldwell Banker, Ridgewood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,977

Lot Details

  • 5,001

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 5,001 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00010 / 01202

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,977

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (201) 445-9400
  • MLS Status: Sold - Sold
  • Directions: Chamberland Ave make a right to Ryerson
  • Architectural Style: 2 Family
  • Year Built Details: 1990's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 9977.0
  • Tax Block: 01202
  • Tax Lot: 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
Peniche Antonio and Peniche Yuberca
Bought by
Akhtar Farhana
Current Estimated Value
$557,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,250
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 1998
Sold by
Recchione Nicola and Recchione Perla
Bought by
Peniche Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,800
Interest Rate
6.95%
Source: Public Records

Range of Values:

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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
Akhtar Farhana $515,000 First Jersey Title Services
Akhtar Farhana $515,000 First Jersey Title Services
Peniche Antonio $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akhtar Farhana $489,250
Previous Owner Peniche Antonio $27,000
Previous Owner Peniche Antonio $117,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $515,000 +14.4% $293 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $450,000 -- $256 / Sq Ft
Source: New Jersey 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 $10,929 $222,900 $68,600 $154,300
2022 $10,347 $222,900 $68,600 $154,300
2021 $9,977 $222,900 $68,600 $154,300
2020 $9,306 $222,900 $68,600 $154,300
2019 $8,925 $215,900 $65,200 $150,700
2018 $9,210 $212,900 $64,600 $148,300
2017 $8,786 $211,200 $64,100 $147,100
2016 $9,177 $211,500 $67,500 $144,000
2015 $8,688 $211,500 $67,500 $144,000
2014 $7,366 $254,000 $109,600 $144,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Romina Rodriguez

    Coldwell Banker, Ridgewood

    (973) 330-1865

    2 in this area

    13 Total Sales

    Romina Rodriguez
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Map

Source: New Jersey MLS

MLS Number: 23034576

New Jersey MLS

APN: 08-01202-0000-00010

New Jersey Passaic County Paterson 07502 Totowa Section

295 Ryerson Ave Unit 297, Paterson, NJ

This home is located at 295 Ryerson Ave Unit 297, Paterson, NJ 07502 since 09 November 2023 and is currently estimated at $557,959, approximately $317 per square foot. 295 Ryerson Ave Unit 297 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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