NOT LISTED FOR SALE

35 Garfield Ave Paterson, NJ 07522

Downtown Paterson Neighborhood

Estimated Value: $345,000 - $471,000

-- Bed
-- Bath
1,584 Sq Ft
$260/Sq Ft Est. Value

Last Sold February 24, 2016

Last sale price $44,000 $28 Per Sq Ft

Est. 836% increase in value since last sale

Current estimated payment $2,834/month

41 Days on Market

About This Home

As of February 2016

This home is located at 35 Garfield Ave, Paterson, NJ 07522 since 22 December 2015 and is currently estimated at $411,708, approximately $259 per square foot. This property was built in 1897. 35 Garfield Ave is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Dr. Frank Napier, Jr. School of Technology.

Last Agent to Sell the Property

David Quinones

COLDWELL BANKER GARDEN STATE Brokerage Phone: 201-794-7050 Listed on: 12/22/2015

COLDWELL BANKER GARDEN STATE

Last Buyer's Agent

TOM PHILLIPS

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,359

Year Built

  • Built in 1897

Lot Details

  • 1,307 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,359

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Year Built: 1897
  • County Name: Passaic
  • Street Number Display: 35
  • I D: 4588451
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 201-794-7050
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X60
  • Total Acres: 0.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2021
Sold by
Jcm Cv Bridge 2019 Llc
Bought by
Paterson Falls Realty Group Llc
Total Days on Market
41
Current Estimated Value
$411,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,737,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2020
Sold by
Jcm Properties Vi Llc
Bought by
Jcm Cv Bridge 2019 Llc

Purchase Details

Listed on
Dec 22, 2015
Closed on
Feb 9, 2016
Sold by
Fannie Mae
Bought by
Jcm Investors 1012 Llc
Seller's Agent
David Quinones
COLDWELL BANKER GARDEN STATE
Buyer's Agent
TOM PHILLIPS
WEICHERT REALTORS
List Price
$47,500
Sold Price
$44,000
Premium/Discount to List
-$3,500
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.28%
Original Mortgage
$120,000
Interest Rate
3.79%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 23, 2015
Sold by
Lamonica Michael
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
May 22, 2008
Sold by
Mejia Jaime and Mejia Milagro
Bought by
Lamonica Michael
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Paterson Falls Realty Group Llc -- Wfg National Title Ins Co
Jcm Cv Bridge 2019 Llc -- Green Label Title
Jcm Investors 1012 Llc $44,000 First American Title Insuran
Fannie Mae -- Attorney
Lamonica Michael $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paterson Falls Realty Group Ll $100,000
Previous Owner Paterson Falls Realty Group Llc $1,737,000
Previous Owner Jcm Properties Vi Llc $1,000,000
Previous Owner Jcm Investors 1012 Llc $95,000
Previous Owner Jcm Investors 1012 Llc $120,000
Previous Owner Jcm Investors 1012 Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2016 02/24/16 Sold $44,000 -7.4% $28 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
12/22/2015 12/22/15 For Sale $47,500 -- $30 / 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 $6,359 $129,700 $21,700 $108,000
2022 $6,021 $129,700 $21,700 $108,000
2021 $5,805 $129,700 $21,700 $108,000
2020 $5,415 $129,700 $21,700 $108,000
2019 $5,242 $126,800 $21,300 $105,500
2018 $5,403 $124,900 $21,100 $103,800
2017 $5,154 $123,900 $20,900 $103,000
2016 $3,862 $89,000 $22,000 $67,000
2015 $3,656 $89,000 $22,000 $67,000
2014 $8,906 $307,100 $148,500 $158,600
Source: Public Records

Agents Affiliated with this Home

  • David Quinones

    Seller's Agent in 2016

    David Quinones

    COLDWELL BANKER GARDEN STATE

    (201) 773-9109

    51 Total Sales

    David Quinones
    Section Image

  • T

    Buyer's Agent in 2016

    TOM PHILLIPS

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3272167

Garden State MLS

APN: 08-00201-0000-00024

New Jersey Passaic County Paterson 07522 Downtown Paterson

35 Garfield Ave, Paterson, NJ

This home is located at 35 Garfield Ave, Paterson, NJ 07522 since 22 December 2015 and is currently estimated at $411,708, approximately $259 per square foot. This property was built in 1897. 35 Garfield Ave is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Dr. Frank Napier, Jr. School of Technology.

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