NOT LISTED FOR SALE

397 Preakness Ave Unit 401 Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $411,000 - $532,000

6 Beds
3 Baths
2,487 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 397 Preakness Ave Unit 401, Paterson, NJ 07502 and is currently estimated at $476,343, approximately $191 per square foot. 397 Preakness Ave Unit 401 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
Jun 6, 2017
Sold by
Shah Ali Mohammad W and Shah Ali
Bought by
Ali Monojir
Current Estimated Value
$476,343

Purchase Details

Closed on
Sep 28, 1999
Sold by
Lapaglia Michael and Lapaglia Yurate
Bought by
Taleb Ali Mohammad W and Taleb Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Outstanding Balance
$39,846
Interest Rate
7.83%
Estimated Equity
$436,497

Purchase Details

Closed on
Aug 19, 1998
Sold by
Adams David K and Adams Maria S
Bought by
Perez Carlos
Source: Public Records

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
Ali Monojir $76,535 None Available
Taleb Ali Mohammad W $128,000 Chicago Title Insurance Co
Perez Carlos $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taleb Ali Mohammad W $121,600
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 $9,031 $184,200 $67,300 $116,900
2022 $8,551 $184,200 $67,300 $116,900
2021 $8,245 $184,200 $67,300 $116,900
2020 $7,690 $184,200 $67,300 $116,900
2019 $7,363 $178,100 $63,900 $114,200
2018 $7,601 $175,700 $63,300 $112,400
2017 $7,738 $186,000 $62,800 $123,200
2016 $8,522 $196,400 $66,200 $130,200
2015 $8,068 $196,400 $66,200 $130,200
2014 $7,375 $254,300 $123,800 $130,500
Source: Public Records

Map

New Jersey Passaic County Paterson 07502 Hillcrest

397 Preakness Ave Unit 401, Paterson, NJ

This home is located at 397 Preakness Ave Unit 401, Paterson, NJ 07502 and is currently estimated at $476,343, approximately $191 per square foot. 397 Preakness Ave Unit 401 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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