NOT LISTED FOR SALE

381 Buffalo Ave Unit 385 Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $586,000 - $676,000

-- Bed
-- Bath
2,030 Sq Ft
$313/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $460,000 $227 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,623/month

178 Days on Market

About This Home

As of July 2021

This home is located at 381 Buffalo Ave Unit 385, Paterson, NJ 07503 since 16 November 2020 and is currently estimated at $635,577, approximately $313 per square foot. 381 Buffalo Ave Unit 385 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

Last Agent to Sell the Property

Rigoberto Sanchez

COREY J SCHNEIDER Brokerage Phone: 973-472-3909 Listed on: 11/16/2020

Last Buyer's Agent

Nancy Rodriguez

NICHOLAS REAL ESTATE AGENCY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,001

Lot Details

  • 0.26 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,001

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 381
  • I D: 5036898
  • Modified: 2022-07-27
  • Number Images: 1
  • Attribution Contact: 973-472-3909
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 75X150
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Jul 24, 2021
Sold by
Venus Majestic Llc
Bought by
Tehuitzil Victor Angeles and Angeles Maricarmen
Seller's Agent
Rigoberto Sanchez
COREY J SCHNEIDER
Buyer's Agent
Nancy Rodriguez
NICHOLAS REAL ESTATE AGENCY
List Price
$449,900
Sold Price
$460,000
Premium/Discount to List
$10,100
2.24%
Current Estimated Value
$635,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,577
Avg. Annual Appreciation
8.23%
Original Mortgage
$462,962
Outstanding Balance
$421,165
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$214,412

Purchase Details

Closed on
Oct 7, 2016
Sold by
Rocket Investment Group Llc
Bought by
Venus Majestic Llc

Purchase Details

Closed on
Jul 17, 2009
Sold by
Anderson William H and Anderson Marilyn
Bought by
Navarro Edwin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Interest Rate
5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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
Tehuitzil Victor Angeles $480,000 Acres Land Title Agency Inc
Tehuitzil Victor Angeles $480,000 New Title Company Name
Venus Majestic Llc $290,000 --
Navarro Edwin J $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tehuitzil Victor Angeles $462,962
Closed Tehuitzil Victor Angeles $462,962
Previous Owner Navarro Edwin J $304,385
Previous Owner Anderson William H $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $460,000 +7.0% $227 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/05/2021 05/05/21 Price Changed $429,900 -4.4% $212 / Sq Ft
03/09/2021 03/09/21 For Sale $449,900 0.0% $222 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
11/16/2020 11/16/20 For Sale $449,900 -- $222 / 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
2025 $14,001 $274,800 $114,300 $160,500
2024 $13,473 $274,800 $114,300 $160,500
2022 $12,756 $274,800 $114,300 $160,500
2021 $12,300 $274,800 $114,300 $160,500
2020 $11,473 $274,800 $114,300 $160,500
2019 $11,137 $269,400 $112,600 $156,800
2018 $11,585 $267,800 $111,800 $156,000
2017 $10,683 $256,800 $111,300 $145,500
2016 $11,281 $260,000 $106,300 $153,700
2015 $10,681 $260,000 $106,300 $153,700
2014 $8,999 $310,300 $204,500 $105,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rigoberto Sanchez

    COREY J SCHNEIDER

    (973) 471-6525

    1 in this area

    4 Total Sales

    Rigoberto Sanchez
    Section Image
  • Nancy Rodriguez

    Buyer's Agent in 2021

    Nancy Rodriguez

    NICHOLAS REAL ESTATE AGENCY

    (973) 520-0904

    3 in this area

    88 Total Sales

    Nancy Rodriguez
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3682619

Garden State MLS

APN: 08-07702-0000-00023

New Jersey Passaic County Paterson 07503 South Paterson

381 Buffalo Ave Unit 385, Paterson, NJ

This home is located at 381 Buffalo Ave Unit 385, Paterson, NJ 07503 since 16 November 2020 and is currently estimated at $635,577, approximately $313 per square foot. 381 Buffalo Ave Unit 385 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

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.

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