NOT LISTED FOR SALE

363 Summer St Unit 365 Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $602,000 - $700,000

7 Beds
5 Baths
1,488 Sq Ft
$438/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $460,000 $309 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,605/month

43 Days on Market

Highlights

  • Property is near a park
  • 4-minute walk to Paterson
  • Rectangular Lot
  • Attached Garage
  • Central Air

About This Home

As of July 2021

Open House On Sunday March 14 1:00 PM to 3:00 PM RARE OPPORTUNITY TO OWN THIS 3 LARGE FAMILY WITH PLENTY OF PARKING! HARDWOOD FLOORS THROUGHOUT, GRANITE COUNTERTOPS, RENOVATED BATHROOMS,NEWER ROOF, NEWER BOILER, NEWER WINDOWS. Owner holds NJ RE license.

Last Listed By

Zuoxin Chen

Hudson One Realty LLC Listed on: 03/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,777

Lot Details

  • 3,629 Sq Ft Lot
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Built in the 2000s
  • Brick Exterior Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in unit

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 160804320 00030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,777

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 3 Family
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Views/Exposure: None
  • Year Built: 2000's
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 10
  • Fireplace: None
  • Bedrooms: 7
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: None
  • Laundry: In Unit

Exterior Features

  • Waterfront: None
  • Exterior Finish: Brick, Vinyl

Garage/Parking

  • Garage: Attached, Park Space

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: Central Air

Lot Info

  • County Name: PASSAIC
  • Lot: 00030
  • Estimated Lot Sq Ft: 3629
  • Lot Description: Regular

Tax Info

  • Tax: 9777
  • Assessor Parcel Number: 160804320 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Jul 14, 2021
Sold by
Chen Zuoxin
Bought by
Hoque Ariful
Seller's Agent
Zuoxin Chen
Hudson One Realty LLC
Buyer's Agent
Cesar Cisneros
Unicasa Union Realty
List Price
$449,000
Sold Price
$460,000
Premium/Discount to List
$11,000
2.45%
Total Days on Market
43
Current Estimated Value
$651,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,678
Avg. Annual Appreciation
9.42%
Original Mortgage
$444,647
Outstanding Balance
$407,795
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$243,883

Purchase Details

Closed on
Sep 29, 2016
Sold by
Colli Jessica F
Bought by
Chen Zuoxin

Purchase Details

Closed on
Feb 8, 2012
Sold by
Colli Jessica F and Frias Jessica
Bought by
Colli Jessica F

Purchase Details

Closed on
Dec 20, 2005
Sold by
P & F Re Properties Llc
Bought by
Frias Jessica and Marchiano Marta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
6.17%

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
Hoque Ariful $460,000 Main Street Title
Chen Zuoxin $280,000 None Available
Colli Jessica F -- --
Frias Jessica $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoque Ariful $444,647
Previous Owner Frias Jessica $60,000
Previous Owner Frias Colli Jessica $248,500
Previous Owner Frias Jessica $248,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $460,000 +2.4% $309 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $449,000 -- $302 / 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 $11,483 $234,200 $19,400 $214,800
2022 $10,872 $234,200 $19,400 $214,800
2021 $10,483 $234,200 $19,400 $214,800
2020 $9,778 $234,200 $19,400 $214,800
2019 $9,467 $229,000 $19,200 $209,800
2018 $9,759 $225,600 $19,100 $206,500
2017 $9,310 $223,800 $19,000 $204,800
2016 $10,262 $236,500 $20,000 $216,500
2015 $9,715 $236,500 $20,000 $216,500
2014 $10,060 $346,900 $152,700 $194,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21008242

New Jersey MLS

APN: 08-04320-0000-00030