NOT LISTED FOR SALE

391 Preakness Ave Unit 2 Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $391,000 - $562,000

4 Beds
2 Baths
1,772 Sq Ft
$279/Sq Ft Est. Value

About This Home

This home is located at 391 Preakness Ave Unit 2, Paterson, NJ 07502 and is currently estimated at $494,929, approximately $279 per square foot. 391 Preakness Ave Unit 2 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. 5.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2023
Sold by
Hayath Holdings Ltd Liability Co
Bought by
Hayath Holdings 391 Llc
Current Estimated Value
$494,929

Purchase Details

Closed on
Nov 4, 2019
Sold by
Wilmington Savings Fund Society
Bought by
Hayath Holdings Ltd Liability Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,250
Interest Rate
3.65%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 18, 2019
Sold by
Valladares Jorge and Huerta Rosa S
Bought by
Wilmington Savings Fund Society Fsb and Christiana Trust

Purchase Details

Closed on
Aug 31, 2004
Sold by
Ortiz Pedro
Bought by
Valladares Jorge and Huerta Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,500
Interest Rate
6.08%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 2000
Sold by
Depalma Frank
Bought by
Quinones Dave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,700
Interest Rate
7.64%

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Hayath Holdings 391 Llc -- None Listed On Document
Hayath Holdings Ltd Liability Co $190,000 1St Rate Ttl & Setmnt Svcs L
Wilmington Savings Fund Society Fsb -- None Available
Valladares Jorge $355,000 --
Quinones Dave $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayath Holdings Ltd Liablity Co $214,000
Previous Owner Hayath Holdings Ltd Liability Co $196,250
Previous Owner Valladares Jorge $349,500
Previous Owner Quinones Dave $110,700
Source: Public Records

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 $11,802 $240,700 $88,300 $152,400
2022 $11,173 $240,700 $88,300 $152,400
2021 $10,774 $240,700 $88,300 $152,400
2020 $10,049 $240,700 $88,300 $152,400
2019 $9,665 $233,800 $84,900 $148,900
2018 $9,980 $230,700 $84,200 $146,500
2017 $9,531 $229,100 $83,800 $145,300
2016 $9,902 $228,200 $88,200 $140,000
2015 $9,374 $228,200 $88,200 $140,000
2014 $8,033 $277,000 $159,100 $117,900
Source: Public Records

Map

New Jersey Passaic County Paterson 07502 Hillcrest

391 Preakness Ave Unit 2, Paterson, NJ

Homes for Sale in Paterson, NJ

This home is located at 391 Preakness Ave Unit 2, Paterson, NJ 07502 and is currently estimated at $494,929, approximately $279 per square foot. 391 Preakness Ave Unit 2 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. 5.

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