NOT LISTED FOR SALE

431 Preakness Ave Unit 433 Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $468,000 - $564,000

-- Bed
-- Bath
1,172 Sq Ft
$430/Sq Ft Est. Value

About This Home

This home is located at 431 Preakness Ave Unit 433, Paterson, NJ 07502 and is currently estimated at $504,413, approximately $430 per square foot. 431 Preakness Ave Unit 433 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2023
Sold by
Corrado Thomas
Bought by
Basuf Rislan
Current Estimated Value
$504,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$316,021
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$139,463

Purchase Details

Closed on
May 2, 2008
Sold by
Thomas Corrado
Bought by
Thomas Corrado
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
Basuf Rislan $405,000 First American Title
Thomas Corrado -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basuf Rislan $324,000
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
2024 $9,850 $200,900 $70,700 $130,200
2022 $9,326 $200,900 $70,700 $130,200
2021 $8,992 $200,900 $70,700 $130,200
2020 $8,388 $200,900 $70,700 $130,200
2019 $8,037 $194,400 $67,200 $127,200
2018 $8,293 $191,700 $66,600 $125,100
2017 $7,916 $190,300 $66,200 $124,100
2016 $8,183 $188,600 $69,600 $119,000
2015 $7,748 $188,600 $69,600 $119,000
2014 $8,552 $294,900 $137,600 $157,300
Source: Public Records

Map

New Jersey Passaic County Paterson 07502 Hillcrest

431 Preakness Ave Unit 433, Paterson, NJ

This home is located at 431 Preakness Ave Unit 433, Paterson, NJ 07502 and is currently estimated at $504,413, approximately $430 per square foot. 431 Preakness Ave Unit 433 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

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