NOT LISTED FOR SALE

398-400 Preakness Ave Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $361,000 - $460,000

2 Beds
1 Bath
990 Sq Ft
$418/Sq Ft Est. Value

About This Home

This home is located at 398-400 Preakness Ave, Paterson, NJ 07502 and is currently estimated at $413,356, approximately $417 per square foot. 398-400 Preakness Ave 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 23, 2022
Sold by
Sub Realty Llc
Bought by
Rahman Wahid and Begum Sinia
Current Estimated Value
$378,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$273,118
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$105,052

Purchase Details

Closed on
Mar 23, 2022
Sold by
Gabriel Suarez
Bought by
Sub Realty Llc

Purchase Details

Closed on
Mar 25, 2010
Sold by
Turner Clarence and Iii Clarence Turne R
Bought by
Suarez Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.12%
Mortgage Type
VA

Purchase Details

Closed on
Aug 13, 1998
Sold by
New Jersey Housing & Mtg Finance Agency
Bought by
Racamato Rocco and Racamato Mauro A
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
Rahman Wahid $300,000 Foundation Title
Sub Realty Llc $246,000 Dolinsky Jill
Suarez Gabriel $185,000 --
Racamato Rocco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahman Wahid $285,000
Previous Owner Suarez Gabriel $182,832
Previous Owner Suarez Gabriel $185,000
Previous Owner Turner Clarence $14,000
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 $7,168 $146,200 $58,600 $87,600
2022 $6,787 $146,200 $58,600 $87,600
2021 $6,544 $146,200 $58,600 $87,600
2020 $6,104 $146,200 $58,600 $87,600
2019 $5,817 $140,700 $55,100 $85,600
2018 $6,000 $138,700 $54,500 $84,200
2017 $5,708 $137,200 $54,100 $83,100
2016 $5,686 $136,800 $56,900 $79,900
2015 $5,370 $136,800 $56,900 $79,900
2014 $5,918 $212,700 $113,200 $99,500
Source: Public Records

Map

New Jersey Passaic County Paterson 07502 Totowa Section

398-400 Preakness Ave, Paterson, NJ

This home is located at 398-400 Preakness Ave, Paterson, NJ 07502 and is currently estimated at $413,356, approximately $417 per square foot. 398-400 Preakness Ave 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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