NOT LISTED FOR SALE

400 Totowa Ave Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $441,175

5 Beds
3 Baths
2,500 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $370,000 $148 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,470/month

25 Days on Market

About This Home

As of June 2022

This home is located at 400 Totowa Ave, Paterson, NJ 07502 since 19 March 2022 and is currently estimated at $441,175, approximately $176 per square foot. 400 Totowa Ave 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.

Last Agent to Sell the Property

Othoniel Gomez

Realty One Group Legend, Clifton Listed on: 03/19/2022

Realty One Group Legend, Clifton

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,775

Lot Details

  • 2,500 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00013 / 01404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,775

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-772-0660
  • MLS Status: Sold - Sold
  • Directions: Google Maps
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 10775.0
  • Tax Block: 01404
  • Tax Lot: 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2022
Closed on
Jun 7, 2022
Sold by
Paragon Nj Investments 2 Llc
Bought by
400 Totowa Avenue Llc
Seller's Agent
Othoniel Gomez
Realty One Group Legend, Clifton
Buyer's Agent
Outside Agent
Outside Office
List Price
$369,900
Sold Price
$370,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$441,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,175
Avg. Annual Appreciation
5.69%

Purchase Details

Closed on
Dec 21, 2018
Sold by
Paragon Asset Holdings P1 Llc
Bought by
Paragon Nj Investments 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,136,300
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2017
Sold by
Parahgon 400 Totowa Llc
Bought by
Paragon Asset Holdings P1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2016
Sold by
400 Totowa Ave Llc
Bought by
Paragon 400 Totowa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.98%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 23, 2013
Sold by
Ali Alipasa and Yildiz Miriam
Bought by
400 Totowa Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.51%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Totowa Avenue Llc $370,000 Old Republic Title
Paragon Nj Investments 2 Llc -- Os National Llc
Paragon Asset Holdings P1 Llc -- Title Agency Of Nj
Paragon 400 Totowa Llc $115,000 None Available
400 Totowa Ave Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paragon Nj Investments 2 Llc $3,136,300
Previous Owner Paragon Asset Holdings P1 Llc $150,000
Previous Owner Paragon 400 Totowa Llc $136,000
Previous Owner 400 Totowa Ave Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $370,000 0.0% $148 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $369,900 -- $148 / 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 $12,655 $258,100 $75,000 $183,100
2022 $11,981 $258,100 $75,000 $183,100
2021 $11,553 $258,100 $75,000 $183,100
2020 $10,776 $258,100 $75,000 $183,100
2019 $10,269 $248,400 $75,000 $173,400
2018 $9,660 $223,300 $75,000 $148,300
2017 $8,819 $212,000 $75,000 $137,000
2016 $9,199 $212,000 $75,000 $137,000
2015 $8,709 $212,000 $75,000 $137,000
2014 $7,862 $271,100 $137,500 $133,600
Source: Public Records

Agents Affiliated with this Home

  • Othoniel Gomez

    Seller's Agent in 2022

    Othoniel Gomez

    Realty One Group Legend, Clifton

    (973) 772-0660

    6 in this area

    79 Total Sales

    Section Image

  • O

    Buyer's Agent in 2022

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 22008997

New Jersey MLS

APN: 08-01404-0000-00013

New Jersey Passaic County Paterson 07502 Totowa Section

400 Totowa Ave, Paterson, NJ

This home is located at 400 Totowa Ave, Paterson, NJ 07502 since 19 March 2022 and is currently estimated at $441,175, approximately $176 per square foot. 400 Totowa Ave 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.

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.

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

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