NOT LISTED FOR SALE

397 Totowa Ave Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $396,000 - $488,000

-- Bed
-- Bath
1,432 Sq Ft
$317/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $235,000 $164 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,086/month

175 Days on Market

About This Home

As of August 2020

This home is located at 397 Totowa Ave, Paterson, NJ 07502 since 19 February 2020 and is currently estimated at $453,708, approximately $316 per square foot. 397 Totowa Ave is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 5.

Last Agent to Sell the Property

FAISAL AHMED

REALTY ONE GROUP SUNRISE Brokerage Phone: 973-686-7777 Listed on: 02/19/2020

Last Buyer's Agent

FAISAL AHMED

REALTY ONE GROUP SUNRISE Brokerage Phone: 973-686-7777 Listed on: 02/19/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,418

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,418

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 397
  • I D: 4964322
  • Modified: 2021-08-14
  • Number Images: 1
  • Attribution Contact: 973-686-7777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2020
Closed on
Jul 28, 2020
Sold by
Rahman Mohammed Oziur and Ahmed Nowshin D
Bought by
397 Totowa Ave Llc
Seller's Agent
FAISAL AHMED
REALTY ONE GROUP SUNRISE
Buyer's Agent
FAISAL AHMED
REALTY ONE GROUP SUNRISE
List Price
$289,900
Sold Price
$235,000
Premium/Discount to List
-$54,900
-18.94%
Current Estimated Value
$453,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,708
Avg. Annual Appreciation
12.29%

Purchase Details

Closed on
Jun 8, 2017
Sold by
Kabir Mohamad F
Bought by
Rahman Mohammed Oziur

Purchase Details

Closed on
Apr 21, 2005
Sold by
Cutler Norman
Bought by
Ashik Miah

Purchase Details

Closed on
May 15, 2003
Sold by
Cafiero Emily
Bought by
Cutler Norman and Moran Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.86%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
397 Totowa Ave Llc $235,000 Main Street Title
Rahman Mohammed Oziur $87,000 Hudson United Title Services
Ashik Miah $325,000 --
Cutler Norman $128,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cutler Norman $150,000
Previous Owner Cafiero Frank A $21,808
Previous Owner Cafiero Frank $9,514
Previous Owner Cafiero Frank $9,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $235,000 -18.9% $164 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $289,900 +427.1% $202 / Sq Ft
09/17/2014 09/17/14 Sold $55,000 -- $38 / 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 $7,418 $145,600 $30,200 $115,400
2024 $7,139 $145,600 $30,200 $115,400
2022 $6,759 $145,600 $30,200 $115,400
2021 $6,517 $145,600 $30,200 $115,400
2020 $6,079 $145,600 $30,200 $115,400
2019 $5,883 $142,300 $29,600 $112,700
2018 $6,078 $140,500 $29,300 $111,200
2017 $5,799 $139,400 $29,100 $110,300
2016 $6,383 $147,100 $30,600 $116,500
2015 $6,043 $147,100 $30,600 $116,500
2014 $6,708 $231,300 $132,300 $99,000
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2020

    FAISAL AHMED

    REALTY ONE GROUP SUNRISE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3617580

Garden State MLS

APN: 08-00919-0000-00014

New Jersey Passaic County Paterson 07502 Totowa Section

397 Totowa Ave, Paterson, NJ

This home is located at 397 Totowa Ave, Paterson, NJ 07502 since 19 February 2020 and is currently estimated at $453,708, approximately $316 per square foot. 397 Totowa Ave is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 5.

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