NOT LISTED FOR SALE

305 Preakness Ave Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $577,864 - $665,000

-- Bed
-- Bath
1,786 Sq Ft
$343/Sq Ft Est. Value

Last Sold January 03, 2017

Last sale price $235,000 $132 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $4,305/month

337 Days on Market

About This Home

As of January 2017

This home is located at 305 Preakness Ave, Paterson, NJ 07502 since 17 September 2015 and is currently estimated at $613,466, approximately $343 per square foot. 305 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

Linda Iriarte

UNICASA UNION REALTY INC Brokerage Phone: 973-942-4300 Listed on: 09/17/2015

Last Buyer's Agent

Linda Iriarte

UNICASA UNION REALTY INC Brokerage Phone: 973-942-4300 Listed on: 09/17/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,627

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,627

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 305
  • I D: 4568888
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-942-4300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2015
Closed on
Jan 3, 2017
Sold by
305 Preakness Holdings Llc
Bought by
Uddin Mohammed J
Seller's Agent
Linda Iriarte
UNICASA UNION REALTY INC
Buyer's Agent
Linda Iriarte
UNICASA UNION REALTY INC
List Price
$299,000
Sold Price
$235,000
Premium/Discount to List
-$64,000
-21.4%
Current Estimated Value
$613,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,466
Avg. Annual Appreciation
11.73%
Original Mortgage
$203,500
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2010
Sold by
Us Bank Na
Bought by
305 Preakness Holdings Llc

Purchase Details

Closed on
Mar 29, 2010
Sold by
Passaic County Sheriff and Nieto Maricela L
Bought by
Us Bank Na

Purchase Details

Closed on
Nov 21, 2005
Sold by
Lozano Maricela
Bought by
Nieto Maricela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 1999
Sold by
Sibilio Lucille and Verillo Fred
Bought by
Lozano Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,019
Interest Rate
7.54%
Mortgage Type
FHA
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
Uddin Mohammed J $235,000 None Available
305 Preakness Holdings Llc $122,000 --
Us Bank Na $290,776 --
Nieto Maricela L -- --
Lozano Maricela $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uddin Mohammed J $10,968
Open Uddin Mohammad J $196,565
Closed Uddin Mohammed J $203,500
Previous Owner Nieto Maricela L $270,000
Previous Owner Lozano Maricela $119,019
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2017 01/03/17 Sold $235,000 -21.4% $132 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
09/17/2015 09/17/15 For Sale $299,000 -- $167 / 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 $11,627 $228,200 $33,900 $194,300
2024 $11,189 $228,200 $33,900 $194,300
2022 $10,593 $228,200 $33,900 $194,300
2021 $10,214 $228,200 $33,900 $194,300
2020 $9,527 $228,200 $33,900 $194,300
2019 $9,223 $223,100 $33,300 $189,800
2018 $9,504 $219,700 $32,900 $186,800
2017 $6,236 $149,900 $29,100 $120,800
2016 $8,231 $189,700 $30,600 $159,100
2015 $7,793 $189,700 $30,600 $159,100
2014 $7,879 $271,700 $126,800 $144,900
Source: Public Records

Agents Affiliated with this Home

  • Linda Iriarte

    Seller's Agent in 2017

    Linda Iriarte

    UNICASA UNION REALTY INC

    (973) 519-2875

    6 in this area

    120 Total Sales

    Linda Iriarte
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Map

Source: Garden State MLS

MLS Number: 3253994

Garden State MLS

APN: 08-01207-0000-00001

New Jersey Passaic County Paterson 07502 Hillcrest

305 Preakness Ave, Paterson, NJ

This home is located at 305 Preakness Ave, Paterson, NJ 07502 since 17 September 2015 and is currently estimated at $613,466, approximately $343 per square foot. 305 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.

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