NOT LISTED FOR SALE

42 Watson St Paterson, NJ 07522

Downtown Paterson Neighborhood

Estimated Value: $368,000 - $551,000

-- Bed
-- Bath
1,366 Sq Ft
$328/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $305,000 $223 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,064/month

341 Days on Market

About This Home

As of April 2023

This home is located at 42 Watson St, Paterson, NJ 07522 since 19 April 2022 and is currently estimated at $448,457, approximately $328 per square foot. This property was built in 1887. 42 Watson 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.

Last Agent to Sell the Property

Jayce Lopez

RE/MAX NEW MILLENNIUM GROUP Brokerage Phone: 908-998-9797 Listed on: 04/19/2022

RE/MAX NEW MILLENNIUM GROUP

Last Buyer's Agent

Jayce Lopez

RE/MAX NEW MILLENNIUM GROUP Brokerage Phone: 908-998-9797 Listed on: 04/19/2022

RE/MAX NEW MILLENNIUM GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,560

Year Built

  • 1887

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,560

Year Built

1887

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 42
  • I D: 5144842
  • Modified: 2024-04-28
  • Number Images: 1
  • Attribution Contact: 908-998-9797
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1887

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Cn Development Llc
Bought by
Walter Jose A Galarza
Total Days on Market
341
Current Estimated Value
$448,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
3.01%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2020
Sold by
Cuadros Hansi
Bought by
Cn Development Llc

Purchase Details

Listed on
Mar 19, 2013
Closed on
Mar 19, 2013
Sold by
Bodesinsky Klaus
Bought by
Cuadros Hansi
Seller's Agent
Henry Perez
GOLD TEAM REALTY
Buyer's Agent
Henry Perez
GOLD TEAM REALTY
Sold Price
$117,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%
Original Mortgage
$114,880
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2005
Sold by
Moosue Steffern
Bought by
Serpa Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 5, 2002
Sold by
Nj Tax Certificate
Bought by
Ugwa Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.03%
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
Walter Jose A Galarza $280,000 Residential Com Ttl Agcy Llc
Cn Development Llc $200,000 Residential Com Ttl Agcy Llc
Cuadros Hansi $117,000 None Available
Serpa Richard $310,000 --
Ugwa Fred $35,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 42 Watson St Llc $450,000
Closed Walter Jose A Galarza $274,928
Previous Owner Cuadros Hansi $114,880
Previous Owner Serpa Richard $263,000
Previous Owner Serpa Richard $248,000
Previous Owner Ugwa Fred $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $305,000 -1.6% $223 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $310,000 -7.5% $227 / Sq Ft
10/30/2022 10/30/22 Price Changed $335,000 -6.9% $245 / Sq Ft
04/19/2022 04/19/22 For Sale $360,000 +207.7% $264 / Sq Ft
03/19/2013 03/19/13 Sold $117,000 +234.3% $86 / Sq Ft
05/01/2012 05/01/12 Sold $35,000 -- $26 / 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
2024 $6,560 $133,800 $16,600 $117,200
2022 $6,211 $133,800 $16,600 $117,200
2021 $5,989 $133,800 $16,600 $117,200
2020 $5,586 $133,800 $16,600 $117,200
2019 $5,411 $130,900 $16,400 $114,500
2018 $5,581 $129,000 $16,300 $112,700
2017 $5,325 $128,000 $16,200 $111,800
2016 $5,866 $135,200 $17,100 $118,100
2015 $5,554 $135,200 $17,100 $118,100
2014 $5,684 $196,000 $108,500 $87,500
Source: Public Records

Agents Affiliated with this Home

  • Jayce Lopez

    Seller's Agent in 2023

    Jayce Lopez

    RE/MAX

    (908) 998-9399

    2 in this area

    69 Total Sales

    Jayce Lopez
    Section Image

  • H

    Seller's Agent in 2013

    Henry Perez

    GOLD TEAM REALTY

    (973) 722-0579

    3 in this area

    31 Total Sales

    Henry Perez
    Section Image
  • Marie Kahvajian

    Seller's Agent in 2012

    Marie Kahvajian

    FAST TRACK REAL ESTATE CO LLC

    (201) 538-1085

    86 Total Sales

    Marie Kahvajian
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3776930

Garden State MLS

APN: 08-00122-0000-00009

New Jersey Passaic County Paterson 07522 Downtown Paterson

42 Watson St, Paterson, NJ

This home is located at 42 Watson St, Paterson, NJ 07522 since 19 April 2022 and is currently estimated at $448,457, approximately $328 per square foot. This property was built in 1887. 42 Watson 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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