NOT LISTED FOR SALE

395 E 26th St Unit 397 Paterson, NJ 07514

Riverside Neighborhood

Estimated Value: $657,000 - $871,000

Studio
-- Bath
4,357 Sq Ft
$166/Sq Ft Est. Value

Sale Details

Date Sold: December 14, 2023

Last sale price $650,000 $149 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,132 / mo

185 Days on Market

Highlights

  • Detached Garage
  • Baseboard Heating
  • Level Lot
  • Detached Carport Space

About This Home

As of December 2023

Welcome to this solid 3-family turn-key INVESTMENT PROPERTY. An excellent opportunity to live in and collect rent. Located on the East Section of Paterson. It is conveniently located near shopping, schools, parks, the Garden State Parkway, Rt 80 & RT 20, RT 46 and public transportation for an easy commute to NYC. Full of potential for its next owners to take advantage of. First-floor Unit: two bedrooms, a living room, a full dining room, a kitchen, and a full bathroom. The second-floor unit is slightly bigger than the first, with the same layout; it features four bedrooms. The third-floor unit offers one bedroom, a living room, an eat-in kitchen, and a full bathroom. Separate utilities for all three units: furnace, water heater, and electric. Full Finished Basement, two 2 car garage, and a private yard. STOP LOOKING! DO NOT MISS THE BEST INVESTMENT OPPORTUNITY! Strictly sold as is. UST in property not being used.

Last Agent to Sell the Property

Francis Joissim

PEARL GATE REALTY LLC Listed on: 06/12/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,982

Lot Details

  • 3,703

Home Design

  • Asphalt Roof

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • Detached Garage
  • Detached Carport Space

Utilities

  • No Cooling
  • Baseboard Heating
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • 3-Story Property
  • Level Lot

Community Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water), unit 3 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,982

Lot Details

3,703 Sq Ft Lot

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Building Stories: 3
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water), Unit 3 Owner Pays(Water)
  • Has Basement: Full, Finished, Bath Full
  • Interior Amenities: Unit 1(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(Dining Room,4 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3(1 Bedroom,Dining Room,Kitchen,1 Bath,Living Room)
  • Stories: 3

Exterior Features

  • Lot Features: Level
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached Carport, Detached

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Tax Info

  • Tax Annual Amount: 13982
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2004
Sold by
Bought by
Current Estimated Value
$722,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,655
Outstanding Balance
$169,344
Interest Rate
5.99%
Estimated Equity
$553,428
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$364,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $346,655
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Sold $650,000 0.0% $149 / Sq Ft
06/12/2023 06/12/23 For Sale $650,000 -- $149 / Sq Ft
Source: All Jersey MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,010 $294,600 $50,400 $244,200
2024 $14,444 $294,600 $50,400 $244,200
2022 $13,675 $294,600 $50,400 $244,200
2021 $13,186 $294,600 $50,400 $244,200
2020 $12,300 $294,600 $50,400 $244,200
2019 $11,902 $287,900 $49,400 $238,500
2018 $11,217 $259,300 $49,000 $210,300
2017 $10,704 $257,300 $48,700 $208,600
2016 $11,785 $271,600 $51,100 $220,500
2015 $11,157 $271,600 $51,100 $220,500
2014 $10,031 $345,900 $121,300 $224,600
Source: Public Records

Agents Affiliated with this Home

  • Francis Joissim

    Seller's Agent in 2023

    Francis Joissim

    PEARL GATE REALTY LLC

    (973) 519-1200

    5 in this area

    48 Total Sales

    Francis Joissim
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Map

Source: All Jersey MLS

MLS Number: 2313495R

All Jersey MLS

APN: 08-03308-0000-00031

New Jersey Passaic County Paterson 07514 Riverside

395 E 26th St Unit 397, Paterson, NJ

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