NOT LISTED FOR SALE

488 E 18th St Paterson, NJ 07514

Eastside Neighborhood

Estimated Value: $655,805 - $764,000

-- Bed
-- Bath
2,440 Sq Ft
$283/Sq Ft Est. Value

Last Sold April 15, 2025

Last sale price $685,000 $281 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,543/month

62 Days on Market

About This Home

As of April 2025

This home is located at 488 E 18th St, Paterson, NJ 07514 since 13 December 2024 and is currently estimated at $689,451, approximately $282 per square foot. 488 E 18th St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

Last Agent to Sell the Property

SHAWN CHACONAS

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-315-8180 Listed on: 12/13/2024

Last Buyer's Agent

BARBARA LOPEZ

NEW DIRECTION REALTY

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 5328333
  • Attribution Contact: 973-315-8180
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X95
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Apr 9, 2025
Sold by
Tonka Holdings 1 Llc
Bought by
Acosta Emilio A and Salazar Mariteris Munoz
Seller's Agent
SHAWN CHACONAS
COMPASS NEW JERSEY, LLC
Buyer's Agent
BARBARA LOPEZ
NEW DIRECTION REALTY
List Price
$650,000
Sold Price
$685,000
Premium/Discount to List
$35,000
5.38%
Views
95
Current Estimated Value
$689,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,451
Avg. Annual Appreciation
0.94%
Original Mortgage
$672,592
Outstanding Balance
$669,595
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$19,856

Purchase Details

Closed on
Apr 13, 2022
Sold by
Tonka Holdings Llc
Bought by
Tonka Holdings 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,811,900
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2018
Sold by
Watson Steven F
Bought by
Tonka Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 2013
Sold by
Watson Edgar Lee
Bought by
Watson Steven F

Purchase Details

Closed on
Jan 5, 1996
Sold by
Ross Isabel
Bought by
Watson Edgar
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Acosta Emilio A $685,000 Providence Abstract
Acosta Emilio A $685,000 Providence Abstract
Tonka Holdings 1 Llc -- American Title
Tonka Holdings Llc $180,000 Residential & Commercial Tit
Watson Steven F -- None Available
Watson Edgar $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Emilio A $672,592
Closed Acosta Emilio A $672,592
Previous Owner Tonka Holdings 1 Llc $2,811,900
Previous Owner Tonka Holdings Llc $187,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2025 04/15/25 Sold $685,000 +5.4% $281 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
01/07/2025 01/07/25 Price Changed $649,999 0.0% $266 / Sq Ft
12/20/2024 12/20/24 For Sale $650,000 0.0% $266 / Sq Ft
12/13/2024 12/13/24 For Sale $650,000 -- $266 / 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
2025 $11,041 $216,700 $19,200 $197,500
2024 $10,625 $216,700 $19,200 $197,500
2022 $10,059 $216,700 $19,200 $197,500
2021 $9,699 $216,700 $19,200 $197,500
2020 $9,047 $216,700 $19,200 $197,500
2019 $8,756 $211,800 $18,900 $192,900
2018 $8,146 $188,300 $18,800 $169,500
2017 $7,771 $186,800 $18,700 $168,100
2016 $8,565 $197,400 $19,700 $177,700
2015 $8,109 $197,400 $19,700 $177,700
2014 $8,106 $279,500 $125,800 $153,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    SHAWN CHACONAS

    COMPASS NEW JERSEY, LLC

  • B

    Buyer's Agent in 2025

    BARBARA LOPEZ

    NEW DIRECTION REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3937968

Garden State MLS

APN: 08-03206-0000-00012

New Jersey Passaic County Paterson 07514 Eastside

488 E 18th St, Paterson, NJ

Not Listed for Sale

MultiFamily

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