NOT LISTED FOR SALE

307 Park Ave Paterson, NJ 07504

Eastside Neighborhood

Estimated Value: $857,000 - $887,784

-- Bed
-- Bath
1,170 Sq Ft
$746/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $1,150,000 $983 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $5,831/month

50 Days on Market

About This Home

As of July 2024

Seize the moment with this exceptional investment opportunity! Presenting a busy liquor store accompanied by two spacious residential apartments above, this package deal encompasses not only the thriving business but also the entire property building and all. Boasting a combined total of 8 bedrooms across the two apartments, this is a golden chance for both business and residential success. Don't let this prime investment slip through your fingers act now and secure a future of prosperity!

Last Agent to Sell the Property

Meena Patel

Keller Williams Village Square Realty Listed on: 12/27/2023

Keller Williams Village Square Realty

Last Buyer's Agent

Maria Teresa McEwen

Coldwell Banker, Upper Montclair

Coldwell Banker, Upper Montclair

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,812

Lot Details

  • 2,483

Home Design

  • Flat Roof Shape

Property Details

Property Type

Other

Est. Annual Taxes

$11,812

Lot Details

0

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: (201) 445-4300
  • MLS Status: Sold - Sold
  • Directions: Madison Ave to Park Ave
  • Year Built Details: 1940's,Build Prior to 1978
  • PropertySubTypeAdditional: Rtl/Apt
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: Flat

Lot Info

  • Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
Jul 8, 2024
Sold by
Tulsi Realty Llc
Bought by
Lilo Living Trust
Seller's Agent
Meena Patel
Keller Williams Village Square Realty
Buyer's Agent
Maria Teresa McEwen
Coldwell Banker, Upper Montclair
List Price
$1,150,000
Sold Price
$1,150,000
Current Estimated Value
$872,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$277,608
Avg. Annual Appreciation
-22.99%

Purchase Details

Listed on
Aug 28, 2015
Closed on
Aug 6, 2015
Sold by
Ballente Realty Associates Llc
Bought by
Tulsi Realty Llc
Seller's Agent
Nancy Pavic
CASA REAL PROPERTY GROUP LLC
Buyer's Agent
Nancy Pavic
CASA REAL PROPERTY GROUP LLC
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.77%
Original Mortgage
$1,611
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2014
Sold by
Valente Mario
Bought by
Ballente Realty Associates Llc

Purchase Details

Closed on
May 3, 2013
Sold by
Baez Luis Vazquez
Bought by
Valente Mario

Purchase Details

Closed on
Apr 30, 2013
Sold by
Valente Mario
Bought by
Baez Luis Vazquez

Purchase Details

Closed on
Apr 24, 2013
Sold by
Carabellese Pat
Bought by
Valente Mario

Purchase Details

Closed on
Mar 4, 2013
Sold by
Acosta Gilberto and Delgado Reina
Bought by
Carabellese Pat

Purchase Details

Closed on
Jul 7, 2012
Sold by
Acosta Gilberto and Delgado Reina
Bought by
Baez Luis Vasquez

Purchase Details

Closed on
Jun 28, 2005
Sold by
Acosta Gilberto
Bought by
Acosta Gilberto and Delgado Reina

Purchase Details

Closed on
Dec 8, 1995
Sold by
Goode Lola
Bought by
Acosta Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
7.13%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lilo Living Trust $850,000 Clear To Close Title
Tulsi Realty Llc $250,000 Agent First Jersey Title Svc
Ballente Realty Associates Llc -- None Available
Valente Mario -- Multiple
Baez Luis Vazquez $225,000 None Available
Valente Mario -- None Available
Carabellese Pat $4,682 None Available
Baez Luis Vasquez $100,000 None Available
Acosta Gilberto -- --
Acosta Gilberto $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tulsi Realty Llc $1,611
Previous Owner Acosta Gilberto $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $1,150,000 0.0% $983 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
12/27/2023 12/27/23 For Sale $1,150,000 +360.0% $983 / Sq Ft
08/28/2015 08/28/15 Sold $250,000 -- $214 / 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 $12,939 $263,900 $49,500 $214,400
2022 $12,250 $263,900 $49,500 $214,400
2021 $11,812 $263,900 $49,500 $214,400
2020 $11,018 $263,900 $49,500 $214,400
2019 $10,496 $253,900 $48,500 $205,400
2018 $9,876 $228,300 $47,900 $180,400
2017 $9,223 $221,700 $47,500 $174,200
2016 $9,403 $216,700 $42,500 $174,200
2015 $8,902 $216,700 $42,500 $174,200
2014 $7,714 $266,000 $50,000 $216,000
Source: Public Records

Agents Affiliated with this Home

  • Meena Patel

    Seller's Agent in 2024

    Meena Patel

    Keller Williams Village Square Realty

    (917) 640-7190

    3 in this area

    118 Total Sales

    Section Image
  • Maria Teresa McEwen

    Buyer's Agent in 2024

    Maria Teresa McEwen

    Coldwell Banker, Upper Montclair

    (201) 396-4637

    1 in this area

    15 Total Sales

    Section Image

  • N

    Seller's Agent in 2015

    Nancy Pavic

    CASA REAL PROPERTY GROUP LLC

    (973) 684-1110

    52 in this area

    220 Total Sales

    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 23038117

New Jersey MLS

APN: 08-03819-0000-00012

New Jersey Passaic County Paterson 07501 Eastside

307 Park Ave, Paterson, NJ

This home is located at 307 Park Ave, Paterson, NJ 07504 since 27 December 2023 and is currently estimated at $872,392, approximately $745 per square foot. 307 Park Ave is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.

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.

© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.

Nearby Homes