NOT LISTED FOR SALE

318 E 40th St Unit 320 Paterson, NJ 07504

Eastside Neighborhood

Estimated Value: $537,000 - $615,000

3 Beds
1.5 Baths
1,948 Sq Ft
$290/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $442,000 $227 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,017/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Formal Dining Room
  • Eat-In Kitchen
  • Den
  • 1 Car Detached Garage
  • Laundry Room

About This Home

As of March 2022

This home is located at 318 E 40th St Unit 320, Paterson, NJ 07504 since 25 January 2022 and is currently estimated at $564,339, approximately $289 per square foot. 318 E 40th St Unit 320 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.

Last Agent to Sell the Property

LINTON GAINES

NICHOLAS REAL ESTATE AGENCY Listed on: 01/25/2022

Last Buyer's Agent

JAMILLE HERNANDEZ

3SIXTY REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,187

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Den
  • Finished Basement
  • Front Basement Entry
  • Carbon Monoxide Detectors
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2508-08107-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,187

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 9999
  • Year Built Description: Unknown
  • County Name: Passaic
  • Exclusions: PERSONAL PROPERTY
  • Street Number Display: 318
  • Directions: LAKEVIEW AVENUE TO E 38TH ST TO 19TH AVENUE TO E 40TH ST.
  • I D: 5124705
  • Modified: 2023-03-31
  • Number Images: 27
  • First Name: LINTON
  • First Name3: JAMILLE
  • Last Name: GAINES
  • Last Name3: HERNANDEZ
  • Office Phone: 973-340-1649
  • Office Phone3: 888-501-6953
  • Attribution Contact: 973-340-1202
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Laundry Room
  • Dining Room Level: First
  • Den Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Bath(s) Other, Den, Dining Room, Entrance Vestibule, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Phone: 973-340-1202

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 153200
  • Assessed Land Value: 90800
  • Assessment: 244000
  • Easement: Unknown
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10187
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-08107-0000-00004-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.175
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Mar 30, 2022
Sold by
Williamson Phillip L and Williamson Lecia Y
Bought by
Gonzalez Isleny and Gonzalez Juan Alexander
Seller's Agent
LINTON GAINES
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
JAMILLE HERNANDEZ
3SIXTY REALTY LLC
List Price
$449,900
Sold Price
$442,000
Premium/Discount to List
-$7,900
-1.76%
Current Estimated Value
$564,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,339
Avg. Annual Appreciation
7.27%
Original Mortgage
$433,994
Outstanding Balance
$408,382
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$155,957

Purchase Details

Closed on
May 31, 1985
Bought by
Minor John and Minor Lecia Y
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
Gonzalez Isleny $442,000 Foundation Title
Gonzalez Isleny $442,000 Foundation Title
Minor John $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Isleny $433,994
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $442,000 -1.8% $227 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $449,900 -- $231 / 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 $12,432 $244,000 $90,800 $153,200
2024 $11,963 $244,000 $90,800 $153,200
2022 $11,326 $244,000 $90,800 $153,200
2021 $10,921 $244,000 $90,800 $153,200
2020 $10,187 $244,000 $90,800 $153,200
2019 $9,814 $237,400 $87,800 $149,600
2018 $10,127 $234,100 $86,800 $147,300
2017 $9,668 $232,400 $86,300 $146,100
2016 $10,605 $244,400 $90,000 $154,400
2015 $10,040 $244,400 $90,000 $154,400
2014 $7,775 $268,100 $127,900 $140,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    LINTON GAINES

    NICHOLAS REAL ESTATE AGENCY

  • J

    Buyer's Agent in 2022

    JAMILLE HERNANDEZ

    3SIXTY REALTY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3760602

Garden State MLS

APN: 08-08107-0000-00004

New Jersey Passaic County Paterson 07504 Eastside

318 E 40th St Unit 320, Paterson, NJ

This home is located at 318 E 40th St Unit 320, Paterson, NJ 07504 since 25 January 2022 and is currently estimated at $564,339, approximately $289 per square foot. 318 E 40th St Unit 320 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.

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