NOT LISTED FOR SALE

41-43 Governor St Paterson, NJ 07501

Downtown Paterson Neighborhood

Estimated Value: $3,326,000 - $3,551,330

-- Bed
-- Bath
40,000 Sq Ft
$86/Sq Ft Est. Value

About This Home

This home is located at 41-43 Governor St, Paterson, NJ 07501 and is currently estimated at $3,438,665, approximately $85 per square foot. 41-43 Governor St 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Jin Y Llc
Bought by
4143 Paterson Realty Llc
Current Estimated Value
$3,438,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,702,562
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$1,736,103

Purchase Details

Closed on
Sep 14, 2004
Sold by
Safety Storage
Bought by
Jin Y Llc
Source: Public Records

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.

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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

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.

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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.

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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
4143 Paterson Realty Llc $3,300,000 American Title
Jin Y Llc $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4143 Paterson Realty Llc $2,000,000
Previous Owner Jin Y Llc $550,000
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 $64,131 $820,000 $175,000 $645,000
2024 $61,714 $1,258,700 $175,000 $1,083,700
2023 $58,429 $1,258,700 $175,000 $1,083,700
2022 $56,339 $1,258,700 $175,000 $1,083,700
2021 $56,339 $1,258,700 $175,000 $1,083,700
2020 $52,551 $1,258,700 $175,000 $1,083,700
2019 $48,566 $1,174,800 $175,000 $999,800
2018 $44,843 $1,036,600 $175,000 $861,600
2017 $40,726 $979,000 $175,000 $804,000
2016 $42,479 $979,000 $175,000 $804,000
2015 $40,217 $979,000 $175,000 $804,000
2014 $36,746 $1,267,100 $186,000 $1,081,100
Source: Public Records

Map

New Jersey Passaic County Paterson 07501 Downtown Paterson

41-43 Governor St, Paterson, NJ

This home is located at 41-43 Governor St, Paterson, NJ 07501 and is currently estimated at $3,438,665, approximately $85 per square foot. 41-43 Governor St 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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