NOT LISTED FOR SALE

302 Michigan Ave Unit 304 Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $615,000 - $742,000

-- Bed
-- Bath
2,073 Sq Ft
$315/Sq Ft Est. Value

Last Sold May 20, 2015

Last sale price $270,000 $130 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $4,609/month

About This Home

As of May 2015

This home is located at 302 Michigan Ave Unit 304, Paterson, NJ 07503 since 20 May 2015 and is currently estimated at $653,931, approximately $315 per square foot. 302 Michigan Ave Unit 304 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

ALDO LAVORINI

ALDO'S REALTY Brokerage Phone: 201-445-4300 Listed on: 05/20/2015

Last Buyer's Agent

Jeanmichel Sery

JD FRANCES REALTY & G.R.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,268

Lot Details

  • 50 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,268

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 302
  • I D: 4490903
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 201-445-4300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50 X 150
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2015
Closed on
May 19, 2015
Sold by
Eswood Louis J and Eswood Mary Ann
Bought by
Fayed Majedah
Seller's Agent
ALDO LAVORINI
ALDO'S REALTY
Buyer's Agent
Jeanmichel Sery
JD FRANCES REALTY & G.R.
Sold Price
$270,000
Current Estimated Value
$642,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,813
Avg. Annual Appreciation
8.19%
Original Mortgage
$274,928
Interest Rate
4.5%
Mortgage Type
FHA
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
Fayed Majedah $280,000 Agent For Old Republic Natl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fayed Majedah $282,000
Closed Fayed Majedah $245,370
Previous Owner Fayed Majedah $274,928
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2015 05/20/15 Sold $270,000 -- $130 / 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 $13,268 $270,600 $95,500 $175,100
2022 $12,561 $270,600 $95,500 $175,100
2021 $12,112 $270,600 $95,500 $175,100
2020 $11,298 $270,600 $95,500 $175,100
2019 $10,947 $264,800 $93,800 $171,000
2018 $11,304 $261,300 $93,000 $168,300
2017 $10,795 $259,500 $92,500 $167,000
2016 $11,455 $264,000 $87,500 $176,500
2015 $10,595 $264,000 $87,500 $176,500
2014 $11,109 $391,700 $233,000 $158,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    ALDO LAVORINI

    ALDO'S REALTY

  • J

    Buyer's Agent in 2015

    Jeanmichel Sery

    JD FRANCES REALTY & G.R.

    (862) 201-9086

    92 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3181770

Garden State MLS

APN: 08-07606-0000-00003

New Jersey Passaic County Paterson 07503 South Paterson

302 Michigan Ave Unit 304, Paterson, NJ

This home is located at 302 Michigan Ave Unit 304, Paterson, NJ 07503 since 20 May 2015 and is currently estimated at $653,931, approximately $315 per square foot. 302 Michigan Ave Unit 304 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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