$885,000
SOLD JAN 6, 2025

386 Knickerbocker Ave Unit 388 Paterson, NJ 07503

South Paterson Neighborhood
-- Bed
-- Bath
1,166 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$759 Per Sq Ft

4% Above List Price

176 Days on Market

About This Home

As of January 2025

This home is located at 386 Knickerbocker Ave Unit 388, Paterson, NJ 07503 and is currently priced at $885,000, approximately $759 per square foot. 386 Knickerbocker Ave Unit 388 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 3.

Last Agent to Sell the Property

Heri Calcano

PRESTIGE PROPERTY GROUP MONTCLAIR Brokerage Phone: 973-860-7595 Listed on: 02/22/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,028

Lot Details

  • 7,405 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,028

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 386
  • I D: 5270310
  • Modified: 2025-01-07
  • Number Images: 0
  • Attribution Contact: 973-860-7595
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X150
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Jan 6, 2025
Sold by
Tejada Jose and Tejada Juana
Bought by
Pasochoa Segundo Poalacin
Seller's Agent
Heri Calcano
PRESTIGE PROPERTY GROUP MONTCLAIR
List Price
$849,999
Sold Price
$885,000
Premium/Discount to List
$35,001
4.12%
Total Days on Market
176
Views
284
Current Estimated Value
$899,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,341
Avg. Annual Appreciation
3.56%
Original Mortgage
$656,250
Outstanding Balance
$653,309
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$246,032

Purchase Details

Closed on
Oct 2, 2007
Sold by
Flores Favian and Delgado Jhonny
Bought by
Tejada Jose and Navarro Eridania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,439
Interest Rate
6.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 23, 2006
Sold by
Meenen David
Bought by
Flores Favian and Delgado Jhonny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.31%
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
Bargain Sale Deed $885,000 Riverview Title
Deed $605,000 --
Deed $310,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $656,250 New Conventional
Previous Owner $60,439 Credit Line Revolving
Previous Owner $484,000 New Conventional
Previous Owner $310,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $885,000 +4.1% $759 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $849,999 0.0% $729 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $849,999 -- $729 / 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 $18,028 $367,700 $90,700 $277,000
2022 $17,069 $367,700 $90,700 $277,000
2021 $16,458 $367,700 $90,700 $277,000
2020 $15,351 $367,700 $90,700 $277,000
2019 $14,866 $359,600 $89,100 $270,500
2018 $15,210 $351,600 $88,400 $263,200
2017 $14,518 $349,000 $87,900 $261,100
2016 $15,581 $359,100 $83,100 $276,000
2015 $14,752 $359,100 $83,100 $276,000
2014 $16,008 $552,000 $200,000 $352,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2025

    Heri Calcano

    PRESTIGE PROPERTY GROUP MONTCLAIR

    (347) 591-9113

    1 in this area

    40 Total Sales

    Heri Calcano
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3887335

Garden State MLS

APN: 08-07707-0000-00011

New Jersey Passaic County Paterson 07503 South Paterson

386 Knickerbocker Ave Unit 388, Paterson, NJ

This home is located at 386 Knickerbocker Ave Unit 388, Paterson, NJ 07503 and is currently priced at $885,000, approximately $759 per square foot. 386 Knickerbocker Ave Unit 388 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, 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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