NOT LISTED FOR SALE

Estimated Value: $583,000 - $699,000

8 Beds
4 Baths
-- Sq Ft
3,498 Sq Ft Lot

Last Sold January 20, 2023

Last sale price $555,000

Est. 9% increase in value since last sale

Current estimated payment $4,243/month

11 Days on Market

About This Home

As of January 2023

Rare opportunity to own this well maintained 2Fam home located in the Eastside section of Paterson. Perfectly accommodates either an owner occupant or investor. Both spacious units boasts 9' ceilings 3BR, LR, DR , EIK, Hardwood flooring throughout (under carpet). Full finished walkout basement. There is also a 3rd apartment in attic if you are looking to convert into a 3FAM for additional income! Have cars? No problem, this home has a 7 car driveway w/ a detached 2 car garage.

Last Agent to Sell the Property

Davin Harris

Keller Williams Realty Westfield Listed on: 10/20/2022

Keller Williams Realty Westfield

Last Buyer's Agent

Maria Hernandez

Coldwell Banker, Clifton

Coldwell Banker, Clifton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,335

Lot Details

  • 3,498

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 3,498 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00012 / 08019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,335

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 201-939-0050
  • MLS Status: Sold - Sold
  • Directions: Pls use GPS
  • 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: 8

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 3498.0

Tax Info

  • Tax Annual Amount: 10335.0
  • Tax Block: 08019
  • Tax Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Jan 20, 2023
Sold by
Baker Ernest
Bought by
Lopez Heydi W and Lopez Francisco
Seller's Agent
Davin Harris
Keller Williams Realty Westfield
Buyer's Agent
Maria Hernandez
Coldwell Banker, Clifton
List Price
$474,999
Sold Price
$555,000
Premium/Discount to List
$80,001
16.84%
Views
17
Current Estimated Value
$605,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,141
Avg. Annual Appreciation
5.41%
Original Mortgage
$485,000
Outstanding Balance
$469,828
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$165,018
Source: Public Records

Range of Values:

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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
Lopez Heydi W $555,000 Nexus Title
Lopez Heydi W $555,000 Nexus Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Heydi W $485,000
Closed Lopez Heydi W $485,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $555,000 +16.8% --
10/31/2022 10/31/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $474,999 -- --
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 $11,346 $236,500 $57,100 $179,400
2022 $10,978 $236,500 $57,100 $179,400
2021 $10,586 $236,500 $57,100 $179,400
2020 $9,874 $236,500 $57,100 $179,400
2019 $9,562 $231,300 $56,100 $175,200
2018 $9,859 $227,900 $55,500 $172,400
2017 $9,410 $226,200 $55,100 $171,100
2016 $9,769 $230,900 $50,100 $180,800
2015 $9,235 $230,900 $50,100 $180,800
2014 $8,923 $316,300 $121,000 $195,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22038218

New Jersey MLS

APN: 08-08019-0000-00012