NOT LISTED FOR SALE

418 E 40th St Unit 420 Paterson, NJ 07504

Eastside Neighborhood

Estimated Value: $555,000 - $784,000

4 Beds
3.5 Baths
2,264 Sq Ft
$273/Sq Ft Est. Value

Last Sold January 23, 2018

Last sale price $340,000 $150 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,621/month

28 Days on Market

Highlights

  • In Ground Pool
  • Fireplace in Kitchen
  • Attic
  • Colonial Architecture
  • Recreation Room
  • Formal Dining Room

About This Home

As of January 2018

THIS BEAUTIFUL COLONIAL HAS BEEN UPDATED AND VERY WELL MAINTAINED. IT HAS A NEW ROOF(2015), UPDATED ELECTRICAL (200 AMPS), NEWER HOT WATER HEATER (2012), AND NEWER FURNACE (2011)*** THE FIRST FLOOR FEATURES A LOVELY ENCLOSED PORCH, LARGE LIVING ROOM, DINING ROOM, 1/2 BATH, AND MODERN EAT-IN KITCHEN. ALL BEDROOMS ON THE SECOND FLOOR ARE SPACIOUS INCLUDING A LARGE MASTER BEDROOM. THE 3RD FLOOR/ATTIC INCLUDES A BEDROOM/REC ROOM AND FBATH. THE FINISHED BASEMENT HAS ANOTHER FULL BATHROOM, LARGE REC ROOM AND FAMILY ROOM. ALL 4 FLOORS ARE USABLE. THE BACKYARD FEATURES A LARGE IN-GROUND POOL, ENTERTAINING DECK AND 2 CAR DETACHED GARAGE. CENTRAL AIR COOLING, ALARM SYSTEM, AND VINYL FENCING AS WELL. NOTHING TO DO, JUST MOVE IN.

Last Agent to Sell the Property

ROBERTO ALVAREZ

PROMINENT PROPERTIES SIR Listed on: 11/15/2017

Last Buyer's Agent

BERNARDO ACEVEDO

LIVING NEW JERSEY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,515

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 4,792

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,264 Sq Ft Home
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Radiator
  • Standard Electricity

Additional Features

  • In Ground Pool
  • 4,792 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2508-08012-0000-00012-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,515

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Renovated
  • County Name: Passaic
  • Exclusions: All Blinds
  • Directions: 19th Ave to 40th St
  • I D: 4760548
  • First Name: ROBERTO
  • First Name3: BERNARDO
  • Last Name: ALVAREZ
  • Last Name3: ACEVEDO
  • Office Phone: 201-592-8900
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2011

Interior Features

  • Fireplace Description: Kitchen, Living Room
  • Number of Fireplaces: 2
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer
  • Bedrooms: 4
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Bath(s) Other, Rec Room
  • Kitchen Area: Eat-In Kitchen
  • Level 1 Rooms: Living Room, Dining Room, Bath(s) Other, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Attic, Bath(s) Other
  • Estimated Sq Ft: 2264
  • Phone: 201-592-8900

Exterior Features

  • Exterior Description: Vinyl Siding
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water

Lot Info

  • Lot Size: 50X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11515
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-08012-0000-00012-0000-
  • Tax Rate Amount: 4.339
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2017
Closed on
Jan 23, 2018
Sold by
Mallory Kevin and Mallory Rosyln
Bought by
Cosme Arelis and Payano Javielina
Seller's Agent
ROBERTO ALVAREZ
PROMINENT PROPERTIES SIR
Buyer's Agent
BERNARDO ACEVEDO
LIVING NEW JERSEY REALTY
List Price
$329,999
Sold Price
$340,000
Premium/Discount to List
$10,001
3.03%
Current Estimated Value
$618,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,375
Avg. Annual Appreciation
7.93%
Original Mortgage
$328,652
Outstanding Balance
$276,846
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$341,529

Purchase Details

Closed on
Apr 8, 1994
Sold by
Turner Lynwood
Bought by
Mallory Kevin and Mallory Roslyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cosme Arelis $340,000 Guardian Title Services Llc
Mallory Kevin $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosme Arelis $328,652
Previous Owner Mallory Kevin $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2018 01/23/18 Sold $340,000 +3.0% $150 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $329,999 -- $146 / Sq Ft
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 $16,273 $319,400 $90,800 $228,600
2024 $15,660 $319,400 $90,800 $228,600
2022 $14,827 $319,400 $90,800 $228,600
2021 $14,296 $319,400 $90,800 $228,600
2020 $13,335 $319,400 $90,800 $228,600
2019 $12,857 $311,000 $87,800 $223,200
2018 $10,992 $254,100 $86,800 $167,300
2017 $10,492 $252,200 $86,300 $165,900
2016 $11,516 $265,400 $90,000 $175,400
2015 $10,903 $265,400 $90,000 $175,400
2014 $9,277 $319,900 $126,800 $193,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    ROBERTO ALVAREZ

    PROMINENT PROPERTIES SIR

  • B

    Buyer's Agent in 2018

    BERNARDO ACEVEDO

    LIVING NEW JERSEY REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3431129

Garden State MLS

APN: 08-08012-0000-00012

New Jersey Passaic County Paterson 07504 Eastside

418 E 40th St Unit 420, Paterson, NJ

Not Listed for Sale

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