NOT LISTED FOR SALE

398 N 7th St Prospect Park, NJ 07508

Estimated Value: $575,000 - $651,484

4 Beds
3 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold November 09, 2022

Last sale price $550,000

Est. 11% increase in value since last sale

Current estimated payment $4,419/month

13 Days on Market

About This Home

As of November 2022

This home is located at 398 N 7th St, Prospect Park, NJ 07508 since 11 August 2022 and is currently estimated at $611,621. This property was built in 1934. 398 N 7th St is a home located in Passaic County with nearby schools including Number 1, Prospect Park Elementary School, Manchester Reg High School, and Al-Hikmah Elementary School.

Last Listed By

Yesika Marcano

CASA REAL PROPERTY GROUP LLC Brokerage Phone: 973-684-1110 Listed on: 08/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,331

Year Built

  • Built in 1934

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,331

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Year Built: 1934
  • County Name: Passaic
  • Street Number Display: 398
  • I D: 5172448
  • Modified: 2023-11-10
  • Number Images: 0
  • Attribution Contact: 973-684-1110
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X75
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Nov 2, 2022
Sold by
Dp Homebuildfjrs Llc
Bought by
Castillo Jamel A
Seller's Agent
Yesika Marcano
CASA REAL PROPERTY GROUP LLC
Buyer's Agent
Angel Rosado
REALTY EMPIRE, LLC
List Price
$485,000
Sold Price
$550,000
Premium/Discount to List
$65,000
13.4%
Total Days on Market
13
Current Estimated Value
$611,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,621
Avg. Annual Appreciation
4.36%
Original Mortgage
$540,038
Outstanding Balance
$525,887
Interest Rate
6.92%
Mortgage Type
FHA
Estimated Equity
$85,734

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 23, 2022
Sold by
Stanley Pino James and Stanley June Alberta
Bought by
Dp Homebuilders Llc
Seller's Agent
Kirk De Boer
A.J. CALI REAL ESTATE
Buyer's Agent
EVON PETRUCHKOWICH
A.J. CALI REAL ESTATE
List Price
$299,999
Sold Price
$360,000
Premium/Discount to List
$60,001
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
205.05%
Original Mortgage
$358,965
Interest Rate
5.25%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Castillo Jamel A $550,000 Sunnyside Title
Dp Homebuilders Llc $360,000 Westcor Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Jamel A $540,038
Previous Owner Dp Homebuilders Llc $358,965
Previous Owner Pino James Stanley $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2022 11/09/22 Sold $550,000 +13.4% --
08/31/2022 08/31/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $485,000 +34.7% --
06/24/2022 06/24/22 Sold $360,000 +20.0% --
05/26/2022 05/26/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $299,999 -- --
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 $12,331 $223,300 $63,500 $159,800
2022 $10,871 $199,000 $63,500 $135,500
2021 $10,748 $199,000 $63,500 $135,500
2020 $10,408 $199,000 $63,500 $135,500
2019 $10,300 $199,000 $63,500 $135,500
2018 $10,199 $199,000 $63,500 $135,500
2017 $10,055 $199,000 $63,500 $135,500
2016 $9,924 $199,000 $63,500 $135,500
2015 $9,385 $199,000 $63,500 $135,500
2014 $8,840 $133,900 $45,000 $88,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in the area

  • 325 N 7th St, Prospect Park, NJ 07508

    $699,000

    • 4 Beds
    • 3 Baths
    • 325 N 7th St
    • Prospect Park, NJ

    Welcome to this beautiful fully renovated (new plumbing and electric) two-family home with finished attic located 1 block away from Hawthorne! Each unit features 2 bedrooms, 1 living room, 1 kitchen (with brand new cabinets with stainless steel appliances and quartz counter-top), 1 full bathroom and 1 walk-in closet for extra storage. The finished attic offers an additional 1 full bathroom and

    DELIA F. RIOS UNICASA UNION REALTY INC

    Section Image
  • 9 Brown Ave, Prospect Park, NJ 07508

    $499,000

    • 4 Beds
    • 2 Baths
    • 1,516 Sq Ft
    • 9 Brown Ave
    • Prospect Park, NJ

    This is an Estate and is sold strictly "AS IS". Great property for investors. Both HWH are newer. Basement is in the process of being emptied. 2 bedroom and 1 bath in each unit along with living room and large Eat in Kitchen in each unit! The upstairs also has attic storage. Low taxes. Approximately 25 miles from Manhattan NY. Showings by appointment only.

    PATRICIA KAYES COLDWELL BANKER REALTY

    Section Image
  • 212 N 1st St, Paterson, NJ 07522

    $589,000

    • 4 Beds
    • 2 Baths
    • 212 N 1st St
    • Paterson, NJ

    Don't miss this fantastic 2-family home in Paterson, NJ. Unit 1 is vacant and move-in ready, featuring 2 bedrooms and 1 bath, while Unit 2 is currently occupied, also offering 2 bedrooms and 1 bath, providing immediate rental income. This property features separate utilities for tenant convenience and lower owner expenses. Commuters will love the easy access to Route 80, Route 46, and the

    Jorge Velasquez RE/MAX PROFESSIONALS I

    Section Image
  • 32 Hillman St, Paterson, NJ 07522

    $550,000

    • 5 Beds
    • 2 Baths
    • 32 Hillman St
    • Paterson, NJ

    TWO FAMILY HOME GREAT OPPORTUNITY FOR 1ST TIME HOME BUYERS OR AS AN INVESTMENT PROPERTY ..I LOVE WORKING WITH BUYER AGENTS!!

    Maileny Vidal HOMESMART FIRST ADVANTAGE

    Section Image
  • 207 N 4th St, Paterson, NJ 07522

    $489,900

    • 6 Beds
    • 2 Baths
    • 207 N 4th St
    • Paterson, NJ

    This two-unit house has four rooms in the first-floor apartment, LR, Modern Eat-in Kitchen, Two bed rooms, Modern bath. The second-floor apartment has LR, a Modern Eat-in Kitchen, two bedrooms, and a Modern bath, the third floor has two extra bedrooms. Separate (2) newer Gas Hot Water Boilers. and two water heaters. Each apt has been remodeled with new floors, cabinets, and a new sink. This

    John G. Susani COLDWELL BANKER SUSANI REALTY

    Section Image
  • 23 Barnert Place, Paterson, NJ 07522

    $625,000

    • 6 Beds
    • 2 Baths
    • 23 Barnert Place
    • Paterson, NJ

    Beautiful multi-family home recently updated and very well maintained. Featuring 3 bedrooms 1 bath on each floor and a full stand unfinished attic and basement. This home won't last; schedule a showing today

    Sandy Cuevas WEICHERT REALTORS

    Section Image
  • 11 Barnert Place, Paterson, NJ 07522

    $489,900

    • 6 Beds
    • 2 Baths
    • 11 Barnert Place
    • Paterson, NJ

    This two-unit house has four rooms in the first-floor apartment, LR, a modern eat-in kitchen, two bedrooms, and a modern bath. The second-floor apartment has LR, Modern Eat-in Kitchen, two bedrooms, and a Modern bath, the third floor has two extra bedrooms. Separate (2) newer Gas Hot Water Boilers. and two water heaters. Each apt has been remodeled with new floors, cabinets, and a new sink.

    HATM BASUF COLDWELL BANKER SUSANI REALTY

    Section Image
  • 185 Brown Ave, Prospect Park, NJ 07508

    $579,900

    • 6 Beds
    • 2 Baths
    • 185 Brown Ave
    • Prospect Park, NJ

    Seller is requesting all Highest & Best offers by Wed. 4/30 12pm. Spacious 2 Family home situated on a corner lot is perfect for owner occupancy with rental income or as a full investment property. 1st Floor unit features a Living room, Eat-in kitchen, 2 Bedrooms, a Full Bathroom, and a Rear Porch. The 2nd Floor unit includes a Living room, Eat-in kitchen, Enclosed Rear Porch, Full Bathroom, and

    Joseph Simone HOWARD HANNA RAND REALTY

    Section Image
  • 10 Wagaraw Blvd, Prospect Park, NJ 07508

    $575,000

    • 3 Beds
    • 2 Baths
    • 10 Wagaraw Blvd
    • Prospect Park, NJ

    Welcome to this meticulously maintained and fully updated 2-family home, offering an exceptional opportunity for both homeowners and investors. This move-in ready property features 3 spacious bedrooms, 2 modern bathrooms, and two fully separated living units, making it perfect for generating rental income or providing comfortable living. Plus, with a large open attic ready for completion and also

    Matthew Rodriguez REAL

    Section Image

Source: Garden State MLS

MLS Number: 3801726

Garden State MLS

APN: 10-00053-0000-00010