$375,000
SOLD MAY 4, 2022

38 N 8th St Unit 40 Paterson, NJ 07522

Prospect Park Neighborhood
-- Bed
-- Bath
1,262 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$297 Per Sq Ft

7% Above List Price

21 Days on Market

About This Home

As of May 2024

This home is located at 38 N 8th St Unit 40, Paterson, NJ 07522 and is currently priced at $375,000, approximately $297 per square foot. This property was built in 1888. 38 N 8th St Unit 40 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.

Last Agent to Sell the Property

Davis Marte

KELLER WILLIAMS CITY VIEWS REALTY Brokerage Phone: 201-559-5770 Listed on: 03/08/2022

KELLER WILLIAMS CITY VIEWS REALTY

Last Buyer's Agent

HIDEE MELIZA ROBBINS

REALTY ONE GROUP HUDSON

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,624

Year Built

  • 1888

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,624

Year Built

1888

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 38
  • I D: 5134536
  • Modified: 2023-05-05
  • Number Images: 1
  • Attribution Contact: 201-559-5770
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1888

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.12

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
21
Views
13
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
1.62%

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 MELIZA 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

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 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% $365 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $469,900 +2.2% $372 / Sq Ft
02/27/2024 02/27/24 Off Market $460,000 -- --
02/08/2024 02/08/24 For Sale $469,900 +25.3% $372 / Sq Ft
05/04/2022 05/04/22 Sold $375,000 +7.4% $297 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $349,000 -- $277 / Sq Ft
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
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

  • D

    Seller's Agent in 2022

    Davis Marte

    KELLER WILLIAMS CITY VIEWS REALTY

    (973) 343-1264

    3 in this area

    59 Total Sales

    Davis Marte
    Section Image

  • H

    Buyer's Agent in 2022

    HIDEE MELIZA ROBBINS

    REALTY ONE GROUP HUDSON

See All Agents

Map

Source: Garden State MLS

MLS Number: 3768016

Garden State MLS

APN: 08-00707-0000-00011

New Jersey Passaic County Paterson 07522 Prospect Park

38 N 8th St Unit 40, Paterson, NJ

This home is located at 38 N 8th St Unit 40, Paterson, NJ 07522 and is currently priced at $375,000, approximately $297 per square foot. This property was built in 1888. 38 N 8th St Unit 40 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.

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