NOT LISTED FOR SALE

385 Mcbride Ave Paterson, NJ 07501

Old Great Falls Neighborhood

Estimated Value: $365,000 - $510,000

2 Beds
2 Baths
1,372 Sq Ft
$308/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $275,000 $200 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,762/month

44 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • 1-minute walk to Pennington Park

About This Home

As of July 2022

Nice, cozy 2 bedroom, 2 bath colonial. Nice sized rooms and eat in kitchen. Nice large backyard. House needs some TLC but has great potential. Washer/dryer conveniently set up on main floor. Great location right on Mcbride Ave. Minutes from major highways, transportation, shopping centers, and places of worship. Low taxes!

Last Agent to Sell the Property

Ali Helwani

EXP REALTY, LLC Listed on: 04/17/2022

EXP REALTY, LLC

Last Buyer's Agent

BIANCA BOUCHER

THE THOMPSON REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,122

Year Built

  • Built in 1940

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Radiator

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 2508-05007-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,122

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 385
  • Directions: Mcbride Ave
  • I D: 5143597
  • Modified: 2023-07-07
  • Number Images: 10
  • First Name: ALI
  • First Name3: BIANCA
  • Last Name: HELWANI
  • Last Name3: BOUCHER
  • Office Phone: 866-201-6210
  • Office Phone3: 862-310-7833
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Number Rooms: 6
  • Bedrooms: 2
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Eat-In Kitchen

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 25X112
  • Assessed Improvement Value: 74500
  • Assessed Land Value: 48200
  • Assessment: 122700
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5122
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-05007-0000-00005-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.476
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2022
Closed on
Jul 6, 2022
Sold by
Margaret Spages
Bought by
Colon Roberto
Seller's Agent
Ali Helwani
EXP REALTY, LLC
Buyer's Agent
BIANCA BOUCHER
THE THOMPSON REALTY GROUP
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Current Estimated Value
$422,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,593
Avg. Annual Appreciation
14.13%
Original Mortgage
$266,750
Outstanding Balance
$253,804
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$168,789

Purchase Details

Closed on
Aug 19, 1985
Bought by
Spages Richard and Spages Margarite
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 Buyer Sale Price Title Company
Colon Roberto $275,000 Stewart Title Guaranty Company
Spages Richard $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colon Roberto $266,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $275,000 -8.3% $200 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
04/17/2022 04/17/22 For Sale $299,900 -- $219 / 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 $6,252 $122,700 $48,200 $74,500
2024 $6,016 $122,700 $48,200 $74,500
2022 $5,696 $122,700 $48,200 $74,500
2021 $5,492 $122,700 $48,200 $74,500
2020 $5,123 $122,700 $48,200 $74,500
2019 $4,944 $119,600 $46,800 $72,800
2018 $5,066 $117,100 $46,300 $70,800
2017 $4,830 $116,100 $45,900 $70,200
2016 $4,938 $113,800 $39,600 $74,200
2015 $4,675 $113,800 $39,600 $74,200
2014 $7,250 $250,000 $179,200 $70,800
Source: Public Records

Agents Affiliated with this Home

  • Ali Helwani

    Seller's Agent in 2022

    Ali Helwani

    EXP REALTY, LLC

    (973) 288-3331

    2 in this area

    68 Total Sales

    Ali Helwani
    Section Image

  • B

    Buyer's Agent in 2022

    BIANCA BOUCHER

    THE THOMPSON REALTY GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3775760

Garden State MLS

APN: 08-05007-0000-00005

New Jersey Passaic County Paterson 07501 Old Great Falls

385 Mcbride Ave, Paterson, NJ

This home is located at 385 Mcbride Ave, Paterson, NJ 07501 since 17 April 2022 and is currently estimated at $422,593, approximately $308 per square foot. This property was built in 1940. 385 Mcbride Ave 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 Two.

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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