NOT LISTED FOR SALE

395 Preakness Ave Unit 397 Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $245,000 - $380,000

1 Bed
1 Bath
733 Sq Ft
$429/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $120,000 $164 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,227/month

108 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Central Air

About This Home

As of October 2019

Same Owner for past 21 years. Great condo alternative or Great Starter Home with Central Air. New roof just installed 4 years ago. All Appliances Included. Detached Shed

Last Agent to Sell the Property

Nelson Gonzalez

UNITED REAL ESTATE Listed on: 05/14/2019

UNITED REAL ESTATE

Last Buyer's Agent

MARIA PATRICIA ZULUAGA

FENIX.MPZ REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,910

Year Built

  • Built in 1940

Lot Details

  • 2,614

Parking

  • On-Street Parking

Home Design

  • Ranch Style House
  • Aluminum Siding

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities

Additional Features

  • Eat-In Kitchen
  • Basement Fills Entire Space Under The House
  • 2,614 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2508-01210-0000-00020-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,910

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 395-397
  • Directions: UNION AVE TO PREAKNESS AVE
  • I D: 4897353
  • Modified: 2020-10-02
  • Number Images: 7
  • First Name: NELSON
  • First Name3: MARIA PATRICIA
  • Last Name: GONZALEZ
  • Last Name3: ZULUAGA
  • Office Phone: 201-796-9400
  • Office Phone3: 973-246-1265
  • Pager Number3: 862-668-6769
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector, OvnWGas, CookGas, Washer, Dryer
  • Number Rooms: 3
  • Bedrooms: 1
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Kitchen Area: Eat-In Kitchen
  • Phone: 201-796-9400

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: From Furnace

Lot Info

  • Lot Size: 25X100
  • Assessed Improvement Value: 59600
  • Assessed Land Value: 53900
  • Assessment: 113500
  • Easement: Unknown
  • Lot Identifier: 20
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4910
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-01210-0000-00020-0000-
  • Tax Rate Amount: 4.326
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2019
Closed on
Oct 1, 2019
Sold by
Perez Carlos
Bought by
Aktar Shammi
Seller's Agent
Nelson Gonzalez
UNITED REAL ESTATE
Buyer's Agent
MARIA PATRICIA ZULUAGA
FENIX.MPZ REALTY LLC
List Price
$160,000
Sold Price
$120,000
Premium/Discount to List
-$40,000
-25%
Current Estimated Value
$314,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,446
Avg. Annual Appreciation
17.65%
Original Mortgage
$114,000
Outstanding Balance
$100,771
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$209,740

Purchase Details

Closed on
Jan 25, 2007
Sold by
Valladares Jorge
Bought by
Valladares Jorge and Huerta Rosa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,500
Interest Rate
6.22%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Aktar Shammi $120,000 Title Agency Of Nj Inc
Valladares Jorge -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aktar Shammi $114,000
Previous Owner Valladares Jorge $345,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Sold $120,000 -25.0% $164 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $160,000 -- $218 / 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 $5,879 $119,900 $57,900 $62,000
2022 $5,566 $119,900 $57,900 $62,000
2021 $5,367 $119,900 $57,900 $62,000
2020 $5,006 $119,900 $57,900 $62,000
2019 $4,758 $115,100 $54,500 $60,600
2018 $4,910 $113,500 $53,900 $59,600
2017 $4,618 $111,000 $53,400 $57,600
2016 $4,821 $111,100 $56,300 $54,800
2015 $4,564 $111,100 $56,300 $54,800
2014 $6,316 $217,800 $152,300 $65,500
Source: Public Records

Agents Affiliated with this Home

  • Nelson Gonzalez

    Seller's Agent in 2019

    Nelson Gonzalez

    UNITED REAL ESTATE

    (201) 757-7355

    1 in this area

    49 Total Sales

    Section Image

  • M

    Buyer's Agent in 2019

    MARIA PATRICIA ZULUAGA

    FENIX.MPZ REALTY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3556599

Garden State MLS

APN: 08-01210-0000-00020

New Jersey Passaic County Paterson 07502 Hillcrest

395 Preakness Ave Unit 397, Paterson, NJ

This home is located at 395 Preakness Ave Unit 397, Paterson, NJ 07502 since 14 May 2019 and is currently estimated at $314,446, approximately $428 per square foot. This property was built in 1940. 395 Preakness Ave Unit 397 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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