NOT LISTED FOR SALE

390 Preakness Ave Unit 392 Paterson, NJ 07502

Estimated Value: $518,000 - $652,000

4 Beds
3 Baths
2,395 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 09, 2023

Last sale price $599,000 $250 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,181/month

60 Days on Market

About This Home

As of October 2023

Immaculate and well maintained two-family in desirable Hillcrest section ideal for the investor or owner occupant. Sitting on a level 50x110 lot with fully fenced backyard, 4-car driveway, and brand new roof and gutters .... this one is sure to please. First floor is a 2 bedroom, 1 bath apartment with open concept floor plan, updated kitchen with shaker cabinets, dining room, living room, hardwood floors, crown molding and recessed lighting. 2nd floor apartment features a spacious living room, eat-in kitchen, 2 bedrooms and a full bath. The fully finished basement provides additional living space for all with its open floor plan, summer kitchen with new shaker cabinets, family room, office, laundry room & full bath. Property is being sold "AS IS". Don't wait ... this one won't last!

Last Listed By

Zachary Lisella

Coldwell Banker, Wyckoff/Franklin Lakes Listed on: 06/21/2023

Coldwell Banker, Wyckoff/Franklin Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,078

Year Built

  • 1960

Lot Details

  • 5,502 Sq Ft Lot
  • Lot Dimensions are 50 x 110

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00022 / 01203

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,078

Year Built

1960

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 201-891-6700
  • MLS Status: Sold - Sold
  • Directions: Chamberlain to Preakness
  • Architectural Style: 2 Family
  • Year Built Details: 1960's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Remarks: Summer kitchen, family room, office, laundry, full bath

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Dimensions: 50 X 110
  • Lot Size Sq Ft: 5502.0

Tax Info

  • Tax Annual Amount: 10078.0
  • Tax Block: 01203
  • Tax Lot: 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Sanchez Silvestre Naiky G and Naiky Sanchez Naiky
Bought by
Naiky G Sanchez Silvestre Revocable Trust and Silvestre
Total Days on Market
60
Current Estimated Value
$588,446

Purchase Details

Listed on
Jun 21, 2023
Closed on
Oct 2, 2023
Sold by
Prince Stephen and Prince Lisa
Bought by
Sanchez Naiky
Seller's Agent
Zachary Lisella
Coldwell Banker, Wyckoff/Franklin Lakes
Buyer's Agent
Taiesha Murchison
Conley Realty
List Price
$649,900
Sold Price
$599,000
Premium/Discount to List
-$50,900
-7.83%
Views
169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.08%
Original Mortgage
$565,250
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2011
Sold by
Us Bank Na
Bought by
Prince Stephen and Prince Lisa

Purchase Details

Closed on
Nov 23, 2009
Sold by
Passaic County Sheriff
Bought by
Us Bank Na

Purchase Details

Closed on
Aug 31, 2006
Sold by
Pulido Teresa
Bought by
Malqui Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,500
Interest Rate
6.71%

Purchase Details

Closed on
Feb 24, 2006
Sold by
Paulido Ignacio
Bought by
Pulido Teresa

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
Naiky G Sanchez Silvestre Revocable Trust -- None Listed On Document
Sanchez Naiky $599,000 First Jersey Title Services
Prince Stephen $140,000 --
Us Bank Na $466,940 --
Malqui Cesar $470,000 --
Pulido Teresa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Naiky $565,250
Previous Owner Prince Stephen $100,000
Previous Owner Malqui Cesar $34,000
Previous Owner Malqui Cesar $150,000
Previous Owner Malqui Cesar $446,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2023 10/09/23 Sold $599,000 -7.8% $250 / Sq Ft
08/20/2023 08/20/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $649,900 -- $271 / Sq Ft
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 $10,644 $217,100 $70,500 $146,600
2023 $10,078 $217,100 $70,500 $146,600
2022 $10,078 $217,100 $70,500 $146,600
2021 $9,717 $217,100 $70,500 $146,600
2020 $9,064 $217,100 $70,500 $146,600
2019 $8,690 $210,200 $67,000 $143,200
2018 $8,968 $207,300 $66,400 $140,900
2017 $8,561 $205,800 $66,000 $139,800
2016 $8,891 $204,900 $69,400 $135,500
2015 $8,417 $204,900 $69,400 $135,500
2014 $8,184 $282,200 $127,900 $154,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23019107

New Jersey MLS

APN: 08-01203-0000-00022