NOT LISTED FOR SALE

350 Madison Ave Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $625,000 - $890,000

-- Bed
4 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold August 31, 2016

Last sale price $370,000

Est. 104% increase in value since last sale

Current estimated payment $5,456/month

3 Days on Market

About This Home

As of August 2016

This home is located at 350 Madison Ave, Paterson, NJ 07524 since 26 June 2016 and is currently estimated at $755,097. 350 Madison Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

Last Agent to Sell the Property

Florencio Lopez

UNICASA UNION REALTY INC Brokerage Phone: 973-942-4300 Listed on: 06/26/2016

Last Buyer's Agent

Florencio Lopez

UNICASA UNION REALTY INC Brokerage Phone: 973-942-4300 Listed on: 06/26/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,191

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,191

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 350
  • I D: 4637723
  • 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: 53X100
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2016
Closed on
Aug 31, 2016
Sold by
Aa 350 Madison Ave Llc
Bought by
Vicioso Lugo Luis L and Vicioso De Lugo Grace L
Seller's Agent
Florencio Lopez
UNICASA UNION REALTY INC
Buyer's Agent
Florencio Lopez
UNICASA UNION REALTY INC
List Price
$379,000
Sold Price
$370,000
Premium/Discount to List
-$9,000
-2.37%
Current Estimated Value
$755,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,097
Avg. Annual Appreciation
8.34%
Original Mortgage
$363,298
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2011
Sold by
Gosen Elizabeth and Gosen George
Bought by
Aa 350 Madison Avenue Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Vicioso Lugo Luis L $370,000 Wfg National Title Insurance
Aa 350 Madison Avenue Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugo Luis I $337,130
Closed Lugo Luis I $337,130
Closed Vicioso Lugo Luis L $363,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $370,000 -2.4% --
06/29/2016 06/29/16 Pending -- -- --
06/26/2016 06/26/16 For Sale $379,000 -- --
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 $17,191 $337,400 $54,200 $283,200
2024 $16,543 $337,400 $54,200 $283,200
2022 $15,662 $337,400 $54,200 $283,200
2021 $15,102 $337,400 $54,200 $283,200
2020 $14,086 $337,400 $54,200 $283,200
2019 $13,642 $330,000 $53,300 $276,700
2018 $14,072 $325,300 $53,000 $272,300
2017 $13,428 $322,800 $52,700 $270,100
2016 $11,234 $258,900 $55,200 $203,700
2015 $10,636 $258,900 $55,200 $203,700
2014 $8,480 $292,400 $167,100 $125,300
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Florencio Lopez

    UNICASA UNION REALTY INC

    (201) 396-2359

    4 in this area

    65 Total Sales

    Florencio Lopez
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3318001

Garden State MLS

APN: 08-02705-0000-00016

New Jersey Passaic County Paterson 07514 Riverside

350 Madison Ave, Paterson, NJ

This home is located at 350 Madison Ave, Paterson, NJ 07524 since 26 June 2016 and is currently estimated at $755,097. 350 Madison Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

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