$595,000
SOLD MAR 4, 2025
9 Beds
3 Baths
2,662 Sq Ft
3,001 Sq Ft Lot

Recently Sold

$224 Per Sq Ft

8% Above List Price

16 Days on Market

About This Home

As of March 2025

Welcome to this well-maintained two-family home in the heart of Paterson, offering a fantastic opportunity for Investors. This property features two spacious, modernized units with open layouts, updated kitchens, and laundry hookups for added convenience.The first unit includes 4 sizable bedrooms and 1 full bath, offering plenty of living space. The upper unit is a large 5-bedroom, 2-bath, providing ample room for comfortable living.Both units are currently tenant-occupied and are in great condition, offering immediate rental income. The property sits on a 30 ft. x 100 ft. lot, with outdoor spaces that include front decks for each unit and a backyard with endless potential.Don't miss the chance to own this versatile, income-generating property in a sought-after location!

Last Agent to Sell the Property

Santos Garcia

United Real Estate Listed on: 10/14/2024

United Real Estate

Co-Listed By

Jessica Collado

United Real Estate

Last Buyer's Agent

Andy Bernardo

Realty One Group Sunrise

Realty One Group Sunrise

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,055

Home Design

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in unit
  • 3,001 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00036 / 03507

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,055

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups, In Unit
  • Co List Office Phone: 888-501-6953
  • MLS Status: Sold - Sold
  • Directions: Follow GPS
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 9

Exterior Features

  • Disclosures: Seller's Agent

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 3001.0

Tax Info

  • Tax Annual Amount: 9055.0
  • Tax Block: 03507
  • Tax Lot: 00036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Feb 24, 2025
Sold by
Filpo Damalphy and Rodriguez Juan C
Bought by
Clase Properties Llc
Seller's Agent
Santos Garcia
United Real Estate
Buyer's Agent
Andy Bernardo
Realty One Group Sunrise
List Price
$549,999
Sold Price
$595,000
Premium/Discount to List
$45,001
8.18%
Views
2
Current Estimated Value
$609,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,636
Avg. Annual Appreciation
6.43%
Original Mortgage
$476,000
Outstanding Balance
$475,606
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$134,030

Purchase Details

Listed on
May 10, 2021
Closed on
Oct 12, 2021
Sold by
Blue Star Capital Llc
Bought by
Filpo Damalphy and Rodriguez Juan C
Seller's Agent
Eric Eckhardt
EXP REALTY, LLC
Buyer's Agent
Lyndell Wyche
REAL
List Price
$424,999
Sold Price
$445,000
Premium/Discount to List
$20,001
4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$436,939
Interest Rate
3.11%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 9, 2019
Sold by
Demircan Hande
Bought by
Blue Star Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2010
Sold by
Demircan Nureddin
Bought by
Demircan Hande

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,840
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2009
Sold by
Hud
Bought by
Demircan Nureddin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2004
Sold by
Jerry Speziale Passaic Cnty Sheriff
Bought by
Hud

Purchase Details

Closed on
Mar 14, 2001
Sold by
Espinosa Rosanna
Bought by
Colon Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,004
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2000
Sold by
Bankers Trust Company
Bought by
Espinosa Rosanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,600
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2000
Sold by
Muradova Ismiye
Bought by
Bankers Trust Company

Purchase Details

Closed on
Oct 10, 1997
Sold by
Demircan Suzan
Bought by
Muradova Ismiye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
7.46%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $595,000 Stewart Title
Deed $595,000 Stewart Title
Deed $445,000 New Title Company Name
Deed $210,000 Cortes And Hay Ttl Agcy Inc
Deed $274,900 --
Special Warranty Deed $59,900 --
Sheriffs Deed $148,766 --
Deed $144,000 --
Warranty Deed $60,700 First American Title Ins Co
Sheriffs Deed -- --
Deed $169,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $476,000 New Conventional
Closed $476,000 New Conventional
Previous Owner $436,939 FHA
Previous Owner $238,000 New Conventional
Previous Owner $225,000 Commercial
Previous Owner $439,840 Purchase Money Mortgage
Previous Owner $125,000 Purchase Money Mortgage
Previous Owner $139,004 FHA
Previous Owner $54,600 Purchase Money Mortgage
Previous Owner $135,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 Sold $595,000 +8.2% $224 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $549,999 +23.6% $207 / Sq Ft
10/15/2021 10/15/21 Sold $445,000 +4.7% $167 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $424,999 0.0% $160 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $424,999 -- $160 / 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 $9,056 $184,700 $24,300 $160,400
2023 $8,574 $184,700 $24,300 $160,400
2022 $8,574 $184,700 $24,300 $160,400
2021 $8,267 $184,700 $24,300 $160,400
2020 $7,711 $184,700 $24,300 $160,400
2019 $7,470 $180,700 $24,000 $156,700
2018 $5,667 $131,000 $23,900 $107,100
2017 $5,408 $130,000 $23,800 $106,200
2016 $5,957 $137,300 $25,000 $112,300
2015 $5,640 $137,300 $25,000 $112,300
2014 $6,139 $211,700 $103,800 $107,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24033195

New Jersey MLS

APN: 08-03507-0000-00036