$375,000
SOLD MAY 4, 2022

38-40 N 8th St Paterson, NJ 07522

Northside Neighborhood
4 Beds
3.5 Baths
-- Sq Ft
5,001 Sq Ft Lot

Recently Sold

7% Above List Price

22 Days on Market

About This Home

As of May 2024

2 FAMILY PROPERTY ON A HUGE DOUBLE LOT AND QUIET STREET FEATURING 4 BEDS, 3.5 BATHS, EAT IN KITCHEN, FINISHED BASEMENT WITH FULL BATH AND A LARGE 2 CAR GARAGE. WITH MINOR UPDATES, THIS PROPERTY WILL BE A GREAT INVESTMENT. low taxes!

Last Agent to Sell the Property

Davis Marte

Keller Williams City Views Realty Listed on: 03/08/2022

Keller Williams City Views Realty

Last Buyer's Agent

Hidee Robbins

Realty One Group Hudson

Realty One Group Hudson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,492

Year Built

  • 1888

Lot Details

  • 5,001 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00011 / 00707

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,492

Year Built

1888

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-559-5770
  • MLS Status: Sold - Sold
  • Directions: GOOGLE
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1888

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Basement Remarks: finished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 6492.0
  • Tax Block: 00707
  • Tax Lot: 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Apr 30, 2024
Sold by
Ahmed Imran
Bought by
Noyon Tarek H and Hussain Mutahir
Seller's Agent
Faisal Ahmed
Realty One Group Sunrise
Buyer's Agent
Faisal Ahmed
Realty One Group Sunrise
List Price
$469,900
Sold Price
$460,000
Premium/Discount to List
-$9,900
-2.11%
Total Days on Market
22
Views
19
Current Estimated Value
$468,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,140
Avg. Annual Appreciation
1.61%

Purchase Details

Listed on
Mar 8, 2022
Closed on
Apr 18, 2022
Sold by
Fernandez Manuel A
Bought by
Ahmed Imran
Seller's Agent
Davis Marte
Keller Williams City Views Realty
Buyer's Agent
Hidee Robbins
Realty One Group Hudson
List Price
$349,000
Sold Price
$375,000
Premium/Discount to List
$26,000
7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$318,750
Interest Rate
5.11%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 5, 2003
Sold by
Hud
Bought by
Fernandez Manuelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,325
Interest Rate
5.45%

Purchase Details

Closed on
Aug 15, 1997
Sold by
Montalvo Edwin and Montalvo Carmen
Bought by
Rivera Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7.42%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 1996
Sold by
Pricken Frank
Bought by
Montalvo Edwin and Montalvo Carmen
Source: Public Records

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Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $460,000 Fidelity National Title
Deed $375,000 Main Street Title
Deed $135,000 --
Deed $67,500 --
Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $318,750 Balloon
Previous Owner $157,500 Adjustable Rate Mortgage/ARM
Previous Owner $107,325 No Value Available
Previous Owner $66,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $460,000 -2.1% --
03/13/2024 03/13/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $469,900 +25.3% --
05/04/2022 05/04/22 Sold $375,000 +7.4% --
03/30/2022 03/30/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $349,000 -- --
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 $7,624 $155,500 $50,600 $104,900
2022 $7,218 $155,500 $50,600 $104,900
2021 $6,960 $155,500 $50,600 $104,900
2020 $6,492 $155,500 $50,600 $104,900
2019 $6,209 $150,200 $47,700 $102,500
2018 $6,407 $148,100 $47,300 $100,800
2017 $6,115 $147,000 $47,000 $100,000
2016 $6,734 $155,200 $49,500 $105,700
2015 $6,376 $155,200 $49,500 $105,700
2014 $8,004 $276,000 $168,800 $107,200
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2024

    Faisal Ahmed

    Realty One Group Sunrise

    (201) 265-7000

    1 in this area

    23 Total Sales

    Faisal Ahmed
    Section Image

  • D

    Seller's Agent in 2022

    Davis Marte

    Keller Williams City Views Realty

    (973) 343-1264

    2 in this area

    59 Total Sales

    Davis Marte
    Section Image
  • Hidee Robbins

    Buyer's Agent in 2022

    Hidee Robbins

    Realty One Group Hudson

    (201) 931-8331

    1 in this area

    8 Total Sales

    Hidee Robbins
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22007499

New Jersey MLS

APN: 08-00707-0000-00011

New Jersey Passaic County Paterson 07522 Northside

38-40 N 8th St, Paterson, NJ

This home is located at 38-40 N 8th St, Paterson, NJ 07522 and is currently priced at $375,000. This property was built in 1888. 38-40 N 8th St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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