NOT LISTED FOR SALE

397 E 40th St Unit 399 Paterson, NJ 07504

Eastside Neighborhood

Estimated Value: $499,131 - $596,000

4 Beds
2.5 Baths
1,487 Sq Ft
$372/Sq Ft Est. Value

Last Sold April 06, 2020

Last sale price $390,000 $262 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,816/month

17 Days on Market

Highlights

  • Colonial Architecture
  • Formal Dining Room
  • Breakfast Bar
  • Recreation Room
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of April 2020

Tastefully renovated from head to toe, this gorgeous colonial includes 4 bedrooms and 2.5 bathrooms. Main level of the home features living room with stone accent fireplace, formal dining room, half bathroom, and amazing newly remodeled kitchen with center island and all brand new, high-end stainless steel appliances. Pristine hardwood floors and new tiling throughout! Second level of the home offers 4 spacious bedrooms, as well as a large full bathroom. Fully finished basement provides a full bathroom, laundry area with washer and dryer included, and plenty of additional space for storage or living. This home also has a large 2 car garage, and is very close to all major highways.

Last Agent to Sell the Property

MATTHEW GEVIRTZ

EXP REALTY, LLC Listed on: 01/24/2020

Last Buyer's Agent

MATTHEW GEVIRTZ

EXP REALTY, LLC Listed on: 01/24/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,764

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2508-08011-0000-00020-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,764

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate, Renovated
  • County Name: Passaic
  • Directions: McLean Blvd to 18th Ave to E 40th St
  • I D: 4957564
  • Section Subdiv Development: Eastside
  • First Name: MATTHEW
  • First Name3: MATTHEW
  • Last Name: GEVIRTZ
  • Last Name3: GEVIRTZ
  • Office Phone: 9736946500
  • Office Phone3: 9736946500
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Laundry Room, Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Kitchen Area: Breakfast Bar
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: Basement
  • Other Room 3: Bathroom
  • Other Room3 Level: Second
  • Other Room 4: Laundry Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: Living Room, Dining Room, Bath(s) Other, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath(s) Other
  • Phone: 973-694-6500

Exterior Features

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

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 50X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8764
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-08011-0000-00020-0000-
  • Tax Rate Amount: 4.326
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Apr 6, 2020
Sold by
American Realty Holdings Llc
Bought by
Violante Mariela Yanet Tapia and Violante Gabriela Cristal
Seller's Agent
MATTHEW GEVIRTZ
EXP REALTY, LLC
Buyer's Agent
MATTHEW GEVIRTZ
EXP REALTY, LLC
List Price
$389,900
Sold Price
$390,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$552,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,783
Avg. Annual Appreciation
6.38%
Original Mortgage
$356,250
Outstanding Balance
$316,775
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$236,008

Purchase Details

Closed on
Jun 17, 2019
Sold by
Lashley Edward and Lashley Shelley
Bought by
American Realty Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 1977
Bought by
Lashley Edward and Lashley Shelley
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

Date Buyer Sale Price Title Company
Violante Mariela Yanet Tapia $375,000 Riverview Title Agency Llc
American Realty Holdings Llc $240,000 Title Agency New Jersey Inc
Lashley Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Violante Mariela Yanet Tapia $356,250
Previous Owner American Realty Holdings Llc $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2020 04/06/20 Sold $390,000 0.0% $262 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $389,900 -- $262 / 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
2025 $10,766 $211,300 $90,800 $120,500
2024 $10,360 $211,300 $90,800 $120,500
2022 $9,809 $211,300 $90,800 $120,500
2021 $9,458 $211,300 $90,800 $120,500
2020 $8,822 $211,300 $90,800 $120,500
2019 $8,495 $205,500 $87,800 $117,700
2018 $8,764 $202,600 $86,800 $115,800
2017 $8,370 $201,200 $86,300 $114,900
2016 $9,173 $211,400 $90,000 $121,400
2015 $8,684 $211,400 $90,000 $121,400
2014 $9,776 $337,100 $183,800 $153,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    MATTHEW GEVIRTZ

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3611797

Garden State MLS

APN: 08-08011-0000-00020

New Jersey Passaic County Paterson 07504 Eastside

397 E 40th St Unit 399, Paterson, NJ

Not Listed for Sale

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