NOT LISTED FOR SALE

400 Preakness Ave Unit 2 Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $377,000 - $844,000

3 Beds
1 Bath
1,596 Sq Ft
$351/Sq Ft Est. Value

About This Home

This home is located at 400 Preakness Ave Unit 2, Paterson, NJ 07502 and is currently estimated at $559,684, approximately $350 per square foot. 400 Preakness Ave Unit 2 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2021
Sold by
Pelham Properties Management Llc
Bought by
400 Preakness Llc
Current Estimated Value
$559,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$343,094
Interest Rate
2.88%
Mortgage Type
Construction
Estimated Equity
$216,590

Purchase Details

Closed on
Oct 22, 2020
Sold by
Atlf Properties Llc
Bought by
Pelham Properties Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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.

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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
400 Preakness Llc $300,000 Riverside Abstract Llc
400 Preakness Llc $300,000 None Listed On Document
Pelham Properties Management Llc $109,000 Old Republic Title
Pelham Properties Llc $109,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 400 Preakness Llc $375,000
Closed 400 Preakness Llc $375,000
Previous Owner Pelham Properties Llc $139,000
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
2025 $9,354 $183,600 $88,200 $95,400
2024 $9,002 $183,600 $88,200 $95,400
2022 $6,960 $183,600 $88,200 $95,400
2021 $8,218 $183,600 $88,200 $95,400
2020 $7,665 $183,600 $88,200 $95,400
2019 $7,354 $177,900 $84,800 $93,100
2018 $7,609 $175,900 $84,200 $91,700
2017 $7,263 $174,600 $83,700 $90,900
2016 $7,459 $171,900 $88,100 $83,800
2015 $7,062 $171,900 $88,100 $83,800
2014 $8,610 $296,900 $189,000 $107,900
Source: Public Records

Map

New Jersey Passaic County Paterson 07502 Totowa Section

400 Preakness Ave Unit 2, Paterson, NJ

Not Listed for Sale

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