NOT LISTED FOR SALE

392 River St Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $635,857 - $909,000

-- Bed
4 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold December 07, 2021

Last sale price $485,000

Est. 64% increase in value since last sale

Current estimated payment $5,546/month

146 Days on Market

About This Home

As of December 2021

This home is located at 392 River St, Paterson, NJ 07524 since 11 May 2021 and is currently estimated at $796,464. 392 River St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

Last Agent to Sell the Property

Peter Tlatelpa

REAL Listed on: 05/11/2021

REAL

Co-Listed By

OSCAR E PEREZ

EXP REALTY, LLC

Last Buyer's Agent

Elliott Banen

COLDWELL BANKER REALTY WYK

COLDWELL BANKER REALTY WYK

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,877

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,877

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 392
  • I D: 5070630
  • Modified: 2022-12-08
  • Number Images: 1
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 28X106
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Dec 1, 2021
Sold by
Shehu Mariglen
Bought by
River St Holdings Llc
Seller's Agent
Peter Tlatelpa
REAL
Buyer's Agent
Elliott Banen
COLDWELL BANKER REALTY WYK
List Price
$479,000
Sold Price
$485,000
Premium/Discount to List
$6,000
1.25%
Current Estimated Value
$796,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,464
Avg. Annual Appreciation
14.14%
Original Mortgage
$388,000
Outstanding Balance
$357,731
Interest Rate
3.14%
Mortgage Type
Commercial
Estimated Equity
$438,733

Purchase Details

Closed on
Mar 10, 2017
Sold by
River Street Paterson Rental Pr
Bought by
Shehu Mariglen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2016
Sold by
392 River Street Associates Llc
Bought by
River Street Paterson Rental Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
River St Holdings Llc $490,000 Madison Title Agency Llc
Shehu Mariglen $220,000 Olde Secholl Title Svcs Llc
River Street Paterson Rental Properties $100,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open River St Holdings Llc $388,000
Previous Owner Shehu Mariglen $217,400
Previous Owner Shehu Mariglen $216,015
Previous Owner River Street Paterson Rental Properties $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $485,000 0.0% --
10/04/2021 10/04/21 Pending -- -- --
09/22/2021 09/22/21 Off Market $485,000 -- --
05/21/2021 05/21/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $479,000 -- --
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 $14,877 $292,000 $19,000 $273,000
2024 $14,317 $292,000 $19,000 $273,000
2022 $13,555 $292,000 $19,000 $273,000
2021 $13,070 $292,000 $19,000 $273,000
2020 $12,191 $292,000 $19,000 $273,000
2019 $11,803 $285,500 $18,800 $266,700
2018 $10,945 $253,000 $18,700 $234,300
2017 $11,997 $288,400 $18,600 $269,800
2016 $13,225 $304,800 $19,600 $285,200
2015 $12,521 $304,800 $19,600 $285,200
2014 $20,077 $692,300 $157,000 $535,300
Source: Public Records

Agents Affiliated with this Home

  • Peter Tlatelpa

    Seller's Agent in 2021

    Peter Tlatelpa

    REAL

    (201) 286-7613

    1 in this area

    130 Total Sales

    Peter Tlatelpa
    Section Image

  • O

    Seller Co-Listing Agent in 2021

    OSCAR E PEREZ

    EXP REALTY, LLC

  • Elliott Banen

    Buyer's Agent in 2021

    Elliott Banen

    COLDWELL BANKER REALTY WYK

    (201) 248-0267

    1 in this area

    38 Total Sales

    Elliott Banen
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3711414

Garden State MLS

APN: 08-02902-0000-00003

New Jersey Passaic County Paterson 07524 Riverside

392 River St, Paterson, NJ

This home is located at 392 River St, Paterson, NJ 07524 since 11 May 2021 and is currently estimated at $796,464. 392 River St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

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