NOT LISTED FOR SALE

487 Union Ave Paterson, NJ 07522

Totowa Section Neighborhood

Estimated Value: $416,000 - $484,000

-- Bed
-- Bath
1,864 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $260,000 $139 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,941/month

100 Days on Market

About This Home

As of August 2020

This home is located at 487 Union Ave, Paterson, NJ 07522 since 02 March 2020 and is currently estimated at $449,736, approximately $241 per square foot. 487 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.

Last Agent to Sell the Property

Hugo Meza

EXP REALTY, LLC Brokerage Phone: 973-340-1202 Listed on: 03/02/2020

EXP REALTY, LLC

Last Buyer's Agent

Maryam Altadouka

REALTY ONE GROUP LEGEND

REALTY ONE GROUP LEGEND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,889

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,889

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 487
  • I D: 4967557
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Aug 28, 2020
Sold by
Gomez Cristina Lazo
Bought by
Ruiz Vanessa G
Seller's Agent
Hugo Meza
EXP REALTY, LLC
Buyer's Agent
Maryam Altadouka
REALTY ONE GROUP LEGEND
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Current Estimated Value
$449,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,736
Avg. Annual Appreciation
11.53%
Original Mortgage
$195,000
Outstanding Balance
$173,755
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$275,981

Purchase Details

Listed on
Jun 20, 2016
Closed on
Oct 3, 2016
Sold by
Depadova Valerie
Bought by
Gomez Cristina Lazo
Seller's Agent
Nicholas Tselepis
NICHOLAS REAL ESTATE AGENCY
List Price
$119,000
Sold Price
$90,000
Premium/Discount to List
-$29,000
-24.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.60%

Purchase Details

Closed on
Oct 7, 2011
Sold by
Deprospo John
Bought by
Deprospo John and Depadova Valerie

Purchase Details

Closed on
Dec 11, 1995
Sold by
Rodriguez Abel
Bought by
Parry Roman
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ruiz Vanessa G $260,000 Madison Title Agency Llc
Gomez Cristina Lazo $90,000 Park Place Title Agency Llc
Deprospo John -- --
Parry Roman $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Vanessa G $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $260,000 -1.9% $139 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $265,000 +194.4% $142 / Sq Ft
11/18/2016 11/18/16 Sold $90,000 -24.4% $48 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $119,000 -- $64 / Sq Ft
Source: Garden State 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 $5,889 $120,100 $32,000 $88,100
2022 $5,575 $120,100 $32,000 $88,100
2021 $5,376 $120,100 $32,000 $88,100
2020 $5,014 $120,100 $32,000 $88,100
2019 $4,783 $115,700 $29,600 $86,100
2018 $4,637 $107,200 $29,300 $77,900
2017 $4,422 $106,300 $29,100 $77,200
2016 $4,868 $112,200 $30,600 $81,600
2015 $4,609 $112,200 $30,600 $81,600
2014 $7,189 $256,500 $142,300 $114,200
Source: Public Records

Agents Affiliated with this Home

  • Hugo Meza

    Seller's Agent in 2020

    Hugo Meza

    EXP REALTY, LLC

    (973) 771-5995

    2 in this area

    94 Total Sales

    Hugo Meza
    Section Image
  • Maryam Altadouka

    Buyer's Agent in 2020

    Maryam Altadouka

    REALTY ONE GROUP LEGEND

    (862) 668-8145

    1 in this area

    45 Total Sales

    Maryam Altadouka
    Section Image
  • Nicholas Tselepis

    Seller's Agent in 2016

    Nicholas Tselepis

    NICHOLAS REAL ESTATE AGENCY

    (973) 340-1202

    10 in this area

    161 Total Sales

    Nicholas Tselepis
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3620438

Garden State MLS

APN: 08-00911-0000-00022

New Jersey Passaic County Paterson 07522 Totowa Section

487 Union Ave, Paterson, NJ

This home is located at 487 Union Ave, Paterson, NJ 07522 since 02 March 2020 and is currently estimated at $449,736, approximately $241 per square foot. 487 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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes