NOT LISTED FOR SALE

420 E 18th St Unit 422 Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $476,000 - $689,000

4 Beds
4 Baths
2,904 Sq Ft
$205/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $475,000 $164 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,239/month

30 Days on Market

About This Home

As of December 2021

Extra large 2 family home with additional 25x 121 lot (lots 11&12) 1st and 2nd floor has living room, dinning room, 2 bedrooms and bath, finished attic and finished basement. Tenants are on mo to m.o

Last Listed By

Faith Salviano

Platinum Real Estate Solutions Listed on: 07/11/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,421

Lot Details

  • 3,737 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00011 / 02818

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,421

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (973) 837-8510
  • MLS Status: Sold - Sold
  • Directions: Madison Ave to 10th to East 18th
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

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

Lot Info

  • Lot Size Sq Ft: 3737.0

Tax Info

  • Tax Annual Amount: 10421.0
  • Tax Block: 02818
  • Tax Lot: 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2021
Closed on
Dec 22, 2021
Sold by
Espinal Audio & Zeneida
Bought by
Best Investment Properties Llc
Seller's Agent
Faith Salviano
Platinum Real Estate Solutions
Buyer's Agent
Faith Salviano
Platinum Real Estate Solutions
List Price
$489,900
Sold Price
$475,000
Premium/Discount to List
-$14,900
-3.04%
Total Days on Market
30
Current Estimated Value
$594,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,982
Avg. Annual Appreciation
6.93%
Original Mortgage
$331,000
Outstanding Balance
$307,577
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$287,405

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
Best Investment Properties Llc $475,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Best Investment Properties Llc $331,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2021 12/27/21 Sold $475,000 -3.0% $164 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/11/2021 07/11/21 For Sale $489,900 -- $169 / 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 $11,292 $230,300 $24,600 $205,700
2022 $10,691 $230,300 $24,600 $205,700
2021 $10,308 $230,300 $24,600 $205,700
2020 $9,615 $230,300 $24,600 $205,700
2019 $9,314 $225,300 $24,400 $200,900
2018 $8,626 $199,400 $24,300 $175,100
2017 $8,233 $197,900 $24,300 $173,600
2016 $8,986 $207,100 $23,600 $183,500
2015 $8,508 $207,100 $23,600 $183,500
2014 $11,040 $380,700 $153,400 $227,300
Source: Public Records

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Source: New Jersey MLS

MLS Number: 21028280

New Jersey MLS

APN: 08-02818-0000-00011