NOT LISTED FOR SALE

38 2nd Ave Unit 40 Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $705,000

-- Bed
-- Bath
1,808 Sq Ft
$390/Sq Ft Est. Value

About This Home

This home is located at 38 2nd Ave Unit 40, Paterson, NJ 07524 and is currently estimated at $705,000, approximately $389 per square foot. 38 2nd Ave Unit 40 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2018
Sold by
Espinal Miguel and Espinal Nieves A
Current Estimated Value
$705,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Outstanding Balance
$127,272
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$577,728

Purchase Details

Closed on
May 12, 2009
Sold by
Valdez Ramona Maria
Bought by
Espinal Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,464
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2005
Sold by
Rodriguez Carmen
Bought by
Valdez Romana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,800
Interest Rate
6.27%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
-- $150,000 None Available
Espinal Miguel $140,000 --
Valdez Romana M $376,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $147,283
Previous Owner Espinal Miguel $137,464
Previous Owner Valdez Romana M $300,800
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
2025 $8,412 $165,100 $53,100 $112,000
2024 $8,095 $165,100 $53,100 $112,000
2022 $7,664 $165,100 $53,100 $112,000
2021 $7,390 $165,100 $53,100 $112,000
2020 $6,893 $165,100 $53,100 $112,000
2019 $6,681 $161,600 $52,200 $109,400
2018 $6,900 $159,500 $51,800 $107,700
2017 $6,585 $158,300 $51,500 $106,800
2016 $7,242 $166,900 $54,000 $112,900
2015 $6,856 $166,900 $54,000 $112,900
2014 $8,251 $284,500 $144,800 $139,700
Source: Public Records

Map

New Jersey Passaic County Paterson 07514 Riverside

38 2nd Ave Unit 40, Paterson, NJ

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