NOT LISTED FOR SALE

40 N Main St Unit 2 Paterson, NJ 07522

Northside Neighborhood

Estimated Value: $561,000 - $672,000

-- Bed
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold November 30, 2020

Last sale price $330,000

Est. 87% increase in value since last sale

Current estimated payment $4,091/month

202 Days on Market

About This Home

As of November 2020

This home is located at 40 N Main St Unit 2, Paterson, NJ 07522 since 10 March 2020 and is currently estimated at $617,713. 40 N Main St Unit 2 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

Last Agent to Sell the Property

AILEEN COLON

UNITED REAL ESTATE Brokerage Phone: 888-501-6953 Listed on: 03/10/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,635

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,635

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 40
  • I D: 4969895
  • Modified: 2021-12-01
  • Number Images: 1
  • Attribution Contact: 888-501-6953
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X97
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Nov 30, 2020
Sold by
116 16Th Avenue Llc
Bought by
Hernandez Bladimir Guerra and Guerra Mayeli C
Seller's Agent
AILEEN COLON
UNITED REAL ESTATE
List Price
$335,000
Sold Price
$330,000
Premium/Discount to List
-$5,000
-1.49%
Current Estimated Value
$617,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,713
Avg. Annual Appreciation
13.83%
Original Mortgage
$324,022
Interest Rate
2.6%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2018
Sold by
Diange Development Corp
Bought by
166 16Th Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,500
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2005
Sold by
Paterson City Of
Bought by
Diange Development Corp

Purchase Details

Closed on
Jan 29, 1999
Sold by
Jones Eloise and Beard Eloise
Bought by
Paterson Hope 98 Urban Renewal Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Hernandez Bladimir Guerra $330,000 Main Street Title
166 16Th Avenue Llc $205,000 Northern Horizon Abstract Ll
Diange Development Corp $26,000 --
Paterson Hope 98 Urban Renewal Llc $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Bladimir Guerra $324,022
Previous Owner 166 16Th Avenue Llc $198,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $330,000 0.0% --
09/28/2020 09/28/20 Pending -- -- --
09/11/2020 09/11/20 Off Market $330,000 -- --
03/10/2020 03/10/20 For Sale $335,000 -- --
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 $9,635 $189,100 $19,500 $169,600
2024 $9,272 $189,100 $19,500 $169,600
2022 $8,778 $189,100 $19,500 $169,600
2021 $8,464 $189,100 $19,500 $169,600
2020 $7,895 $189,100 $19,500 $169,600
2019 $7,611 $184,100 $19,100 $165,000
2018 $7,860 $181,700 $19,800 $161,900
2017 $8,740 $210,100 $19,700 $190,400
2016 $9,641 $222,200 $21,000 $201,200
2015 $9,128 $222,200 $21,000 $201,200
2014 $7,685 $265,000 $13,300 $251,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    AILEEN COLON

    UNITED REAL ESTATE

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Map

Source: Garden State MLS

MLS Number: 3622751

Garden State MLS

APN: 08-00212-0000-00002

New Jersey Passaic County Paterson 07522 Northside

40 N Main St Unit 2, Paterson, NJ

This home is located at 40 N Main St Unit 2, Paterson, NJ 07522 since 10 March 2020 and is currently estimated at $617,713. 40 N Main St Unit 2 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

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