NOT LISTED FOR SALE

375 Michigan Ave Unit 377 Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $542,000 - $556,000

-- Bed
-- Bath
1,425 Sq Ft
$385/Sq Ft Est. Value

About This Home

This home is located at 375 Michigan Ave Unit 377, Paterson, NJ 07503 and is currently estimated at $548,865, approximately $385 per square foot. 375 Michigan Ave Unit 377 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2007
Sold by
Debernardo Patricia
Bought by
Velez Jose and Matos Juanito
Current Estimated Value
$548,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,816
Outstanding Balance
$204,799
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$325,069
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Velez Jose $329,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Jose $317,816
Source: Public Records

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 $11,198 $228,400 $96,800 $131,600
2022 $10,602 $228,400 $96,800 $131,600
2021 $10,223 $228,400 $96,800 $131,600
2020 $9,536 $228,400 $96,800 $131,600
2019 $9,244 $223,600 $95,100 $128,500
2018 $9,647 $223,000 $94,300 $128,700
2017 $9,214 $221,500 $93,800 $127,700
2016 $9,711 $223,800 $88,800 $135,000
2015 $9,194 $223,800 $88,800 $135,000
2014 $10,124 $349,100 $233,000 $116,100
Source: Public Records

Map

New Jersey Passaic County Paterson 07503 South Paterson

375 Michigan Ave Unit 377, Paterson, NJ

This home is located at 375 Michigan Ave Unit 377, Paterson, NJ 07503 and is currently estimated at $548,865, approximately $385 per square foot. 375 Michigan Ave Unit 377 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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