NOT LISTED FOR SALE

486 Union Ave Paterson, NJ 07522

Prospect Park Neighborhood

Estimated Value: $537,136 - $787,000

-- Bed
-- Bath
-- Sq Ft
2,483 Sq Ft Lot

Last Sold December 23, 2022

Last sale price $650,000

Est. 2% increase in value since last sale

Current estimated payment $4,379/month

464 Days on Market

About This Home

As of December 2022

This beautiful exposed brick commercial property is walking distance to the Historical Great Falls National park. Brick style turnkey building is definitely an income generator. Close to the Great Falls National Historic Park, this is a great opportunity you don't want to let pass you by.. Building features a commercial store front, 2 one bedroom apartments, 2 two bedroom apartments and a detached two car garage this property well worth the investment.

Last Agent to Sell the Property

Johnny Rojas

Century 21 JR Gold Team Realty, LLC Listed on: 09/09/2021

Century 21 JR Gold Team Realty, LLC

Last Buyer's Agent

Johnny Rojas

Century 21 JR Gold Team Realty, LLC Listed on: 09/09/2021

Century 21 JR Gold Team Realty, LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $20,774

Lot Details

  • 2,483

Property Details

Property Type

Other

Est. Annual Taxes

$20,774

Lot Details

0

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: (973) 772-9404
  • MLS Status: Sold - Sold
  • Directions: W Broadway to Union Ave.
  • Year Built Details: 1950's
  • PropertySubTypeAdditional: Rtl/Apt
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: See Remarks

Lot Info

  • Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2002
Sold by
486 Union Avenue Llc
Bought by
Lopez Guillermo and Reyes Teresa
Total Days on Market
464
Current Estimated Value
$662,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,191
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2000
Sold by
Nouri Jimi and Nouri Sandra
Bought by
486 Union Avenue Llc

Purchase Details

Closed on
May 31, 1996
Sold by
Pena Pedro
Bought by
Nouri Jimi and Nouri Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.4%
Mortgage Type
Commercial
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 Guillermo $229,000 --
486 Union Avenue Llc -- --
Nouri Jimi $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Guillermo $293,335
Previous Owner Lopez Guillermo $209,191
Previous Owner Nouri Jimi $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $650,000 +8.4% --
12/17/2022 12/17/22 Pending -- -- --
12/16/2022 12/16/22 For Sale $599,900 0.0% --
03/16/2022 03/16/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $599,900 0.0% --
11/26/2021 11/26/21 Pending -- -- --
11/05/2021 11/05/21 Price Changed $599,900 -9.8% --
09/13/2021 09/13/21 For Sale $665,000 +2.3% --
09/10/2021 09/10/21 Off Market $650,000 -- --
09/09/2021 09/09/21 For Sale $665,000 -- --
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 $24,397 $497,600 $44,400 $453,200
2022 $23,099 $497,600 $44,400 $453,200
2021 $22,273 $497,600 $44,400 $453,200
2020 $20,775 $497,600 $44,400 $453,200
2019 $19,794 $478,800 $41,100 $437,700
2018 $18,628 $430,600 $40,700 $389,900
2017 $16,910 $406,500 $40,400 $366,100
2016 $17,729 $408,600 $42,500 $366,100
2015 $16,785 $408,600 $42,500 $366,100
2014 $15,965 $550,500 $121,000 $429,500
Source: Public Records

Agents Affiliated with this Home

  • Johnny Rojas

    Seller's Agent in 2022

    Johnny Rojas

    Century 21 JR Gold Team Realty, LLC

    (201) 913-4438

    2 in this area

    106 Total Sales

    Johnny Rojas
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 21036631

New Jersey MLS

APN: 08-00912-0000-00001

New Jersey Passaic County Paterson 07522 Prospect Park

486 Union Ave, Paterson, NJ

This home is located at 486 Union Ave, Paterson, NJ 07522 since 09 September 2021 and is currently estimated at $662,068. 486 Union Ave 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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