NOT LISTED FOR SALE

40 Raritan Ave Unit 42 Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $658,000 - $861,913

6 Beds
6 Baths
3,132 Sq Ft
$243/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $630,000 $201 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,529/month

34 Days on Market

About This Home

As of December 2021

Lakeview section, legal 4 family with a green card, each unit has 2 bedrooms ,kitchen , living room,1 bath. Large partially finished basement with four rooms and two full bathrooms. Separate utilities. Natural gas.3 car driveway on each side of the house

Last Agent to Sell the Property

Aida Boke

United Real Estate Listed on: 07/02/2021

United Real Estate

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,124

Lot Details

  • 5,001

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 5,001 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00006 / 07106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,124

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 973-696-0077
  • MLS Status: Sold - Sold
  • Directions: Trenton Avenue to Illinois to Raritan
  • Architectural Style: 4 Family
  • Year Built Details: 1960's,Renovated,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Basement Remarks: 4 rooms ,utility room, 2 full bathrooms

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 14124.0
  • Tax Block: 07106
  • Tax Lot: 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Dec 3, 2021
Sold by
Semyonova Zuhat M and Estate Of Meryem Ozden
Bought by
Espejo Cesar M
Seller's Agent
Aida Boke
United Real Estate
Buyer's Agent
Outside Agent
Outside Office
List Price
$595,000
Sold Price
$630,000
Premium/Discount to List
$35,000
5.88%
Current Estimated Value
$761,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,228
Avg. Annual Appreciation
5.71%
Original Mortgage
$579,975
Outstanding Balance
$539,060
Interest Rate
3.14%
Mortgage Type
FHA
Estimated Equity
$235,183

Purchase Details

Closed on
May 18, 2018
Sold by
Ozden Meryem
Bought by
Ozden Meryem
Source: Public Records

Range of Values:

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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
Espejo Cesar M $630,000 Chancellor Title Agency Inc
Ozden Meryem -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espejo Cesar M $579,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2021 12/09/21 Sold $630,000 +5.9% $201 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $595,000 -- $190 / Sq Ft
Source: New Jersey 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 $16,587 $338,300 $83,000 $255,300
2022 $15,704 $338,300 $83,000 $255,300
2021 $15,142 $338,300 $83,000 $255,300
2020 $14,124 $338,300 $83,000 $255,300
2019 $13,642 $330,000 $81,300 $248,700
2018 $12,498 $288,900 $80,500 $208,400
2017 $11,918 $286,500 $80,000 $206,500
2016 $14,128 $325,600 $75,000 $250,600
2015 $13,376 $325,600 $75,000 $250,600
2014 $10,199 $351,700 $138,800 $212,900
Source: Public Records

Agents Affiliated with this Home

  • Aida Boke

    Seller's Agent in 2021

    Aida Boke

    United Real Estate

    (973) 650-0291

    1 in this area

    10 Total Sales

    Aida Boke
    Section Image

  • O

    Buyer's Agent in 2021

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 21026951

New Jersey MLS

APN: 08-07106-0000-00006

New Jersey Passaic County Paterson 07503 South Paterson

40 Raritan Ave Unit 42, Paterson, NJ

This home is located at 40 Raritan Ave Unit 42, Paterson, NJ 07503 since 02 July 2021 and is currently estimated at $761,228, approximately $243 per square foot. 40 Raritan Ave Unit 42 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. 3.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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