Seller's Agent in 2024
LEONARDO TATIS
United Real Estate
(201) 906-4570
4 in this area
34 Total Sales
423 River St Paterson, NJ 07524
Riverside Neighborhood
4
Beds
3
Baths
1,682
Sq Ft
2,187
Sq Ft Lot
About This Home
As of October 2024**WILL BE DELIVERED VACANT** Back on market as buyer could not perform. Your investment search ends here! This legal two-family home which was just recently fully renovated offers a 3 Bedrooms and a Full Bath in the 2nd floor unit, 1 Bedroom and 1 Full Bath in the 1st floor unit and a full finished basement, a full bath with a separate walkout! The second floor is currently occupied, first floor unit and basement are vacant, offering great potential for rental income. Property Highlights: - Legal two-family home- Full finished basement with separate walkout and FB- First floor and basement are vacant- Potential for rental income- Convenient location in Paterson, NJ. Situated in a desirable area of Paterson, NJ this property is close to amenities, transportation, and more!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,320
Lot Details
- 2,187 Sq Ft Lot
Home Design
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 00009 / 02903
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2024
Closed on
Oct 18, 2024
Sold by
Fernandez Steven J
Bought by
Js Flores Foods Llc
Seller's Agent
LEONARDO TATIS
United Real Estate
Buyer's Agent
Desiree Garcia
Real
List Price
$474,999
Sold Price
$525,000
Premium/Discount to List
$50,001
10.53%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,935
Avg. Annual Appreciation
6.50%
Original Mortgage
$393,750
Outstanding Balance
$389,801
Interest Rate
6.08%
Mortgage Type
Construction
Estimated Equity
$165,134
Purchase Details
Listed on
Aug 13, 2017
Closed on
Apr 13, 2018
Sold by
Ventura Maria Y and Molina Maia
Bought by
Fernandez Steven J
Seller's Agent
Domingo Rodriguez
EXP REALTY, LLC
Buyer's Agent
KIMBERLY SCHMIDT
COLDWELL BANKER REALTY
List Price
$235,000
Sold Price
$200,000
Premium/Discount to List
-$35,000
-14.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.90%
Original Mortgage
$7,855
Interest Rate
4.45%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 1, 2005
Sold by
Molina Francisco
Bought by
Maceo Luis
Purchase Details
Closed on
Dec 18, 2002
Sold by
Tejada Rosairo
Bought by
Ventura Maria and Molina Francisco
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
6.08%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 11, 1995
Sold by
Laird Jean
Bought by
Tejada Rosario
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
7.32%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $525,000 | First American Title Insurance | |
| Bargain Sale Deed | $525,000 | First American Title Insurance | |
| Deed | $200,000 | Foundation Title Llc | |
| Deed | $310,000 | -- | |
| Deed | $110,000 | -- | |
| Deed | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $393,750 | Construction | |
| Closed | $393,750 | Construction | |
| Previous Owner | $9,553 | FHA | |
| Previous Owner | $47,766 | FHA | |
| Previous Owner | $7,855 | Unknown | |
| Previous Owner | $196,377 | FHA | |
| Previous Owner | $108,300 | FHA | |
| Previous Owner | $27,500 | Unknown | |
| Previous Owner | $38,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $525,000 | +10.5% | $312 / Sq Ft |
| 08/25/2024 08/25/24 | Pending | -- | -- | -- |
| 08/06/2024 08/06/24 | For Sale | $474,999 | +137.5% | $282 / Sq Ft |
| 04/20/2018 04/20/18 | Sold | $200,000 | -14.9% | $119 / Sq Ft |
| 01/17/2018 01/17/18 | Pending | -- | -- | -- |
| 08/13/2017 08/13/17 | For Sale | $235,000 | -- | $140 / Sq Ft |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $9,686 | $190,100 | $14,100 | $176,000 |
| 2024 | $9,321 | $190,100 | $14,100 | $176,000 |
| 2022 | $8,824 | $190,100 | $14,100 | $176,000 |
| 2021 | $8,509 | $190,100 | $14,100 | $176,000 |
| 2020 | $7,937 | $190,100 | $14,100 | $176,000 |
| 2019 | $7,681 | $185,800 | $13,900 | $171,900 |
| 2018 | $4,417 | $102,100 | $13,800 | $88,300 |
| 2017 | $4,218 | $101,400 | $13,800 | $87,600 |
| 2016 | $4,643 | $107,000 | $14,500 | $92,500 |
| 2015 | $4,396 | $107,000 | $14,500 | $92,500 |
| 2014 | $4,852 | $167,300 | $128,600 | $38,700 |
Source: Public Records
Agents Affiliated with this Home
-
LEONARDO TATIS
-
Desiree Garcia
Buyer's Agent in 2024
Desiree Garcia
Real
(973) 634-8022
1 in this area
47 Total Sales
-
Domingo Rodriguez
Seller's Agent in 2018
Domingo Rodriguez
EXP REALTY, LLC
(973) 296-3776
9 in this area
107 Total Sales
-
K
Buyer's Agent in 2018
KIMBERLY SCHMIDT
COLDWELL BANKER REALTY
Map
Source: New Jersey MLS
MLS Number: 24025387
APN: 08-02903-0000-00009
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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