NOT LISTED FOR SALE

490-494 10th Ave Paterson, NJ 07514

Eastside Neighborhood

Estimated Value: $456,000 - $535,000

4 Beds
2 Baths
-- Sq Ft
5,262 Sq Ft Lot

Last Sold April 13, 2022

Last sale price $360,000

Est. 40% increase in value since last sale

Current estimated payment $3,133/month

13 Days on Market

About This Home

As of April 2022

This home is located at 490-494 10th Ave, Paterson, NJ 07514 since 11 March 2022 and is currently estimated at $505,647. 490-494 10th Ave 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

Othoniel Gomez

Realty One Group Legend, Clifton Listed on: 03/11/2022

Realty One Group Legend, Clifton

Last Buyer's Agent

Herbert Melo

Realty One Group Legend, Clifton

Realty One Group Legend, Clifton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,400

Lot Details

  • 5,262 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00002 / 08310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,400

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-772-0660
  • MLS Status: Sold - Sold
  • Directions: Google Maps
  • Architectural Style: 2 Family
  • Year Built Details: 1980's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 5262.0

Tax Info

  • Tax Annual Amount: 4400.0
  • Tax Block: 08310
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
Twin Management Paterson Llc
Bought by
Twin Management Paterson Llc
Current Estimated Value
$505,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 7, 2022
Sold by
Leon Family Holdings Llc
Bought by
Twin Management Paterson Llc
Seller's Agent
Othoniel Gomez
Realty One Group Legend, Clifton
Buyer's Agent
Herbert Melo
Realty One Group Legend, Clifton
List Price
$289,900
Sold Price
$360,000
Premium/Discount to List
$70,100
24.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$378,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2022
Closed on
Feb 24, 2022
Sold by
Leon Milagros R
Bought by
Leon Family Holdings Llc
Seller's Agent
Othoniel Gomez
Realty One Group Legend, Clifton
Buyer's Agent
Herbert Melo
Realty One Group Legend, Clifton
List Price
$289,900
Sold Price
$360,000
Premium/Discount to List
$70,100
24.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2021
Sold by
Leon Alvaro E
Bought by
Leon Milagros R

Purchase Details

Closed on
Dec 26, 1979
Bought by
Leon Alvaro E
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
Twin Management Paterson Llc -- Main Street Title
Twin Management Paterson Llc -- Main Street Title
Twin Management Paterson Llc -- Main Street Title
Twin Management Paterson Llc -- Main Street Title
Twin Management Paterson Llc $360,000 New Title Company Name
Twin Management Paterson Llc $360,000 New Title Company Name
Leon Family Holdings Llc -- Demarco Patrick C
Leon Family Holdings Llc -- None Listed On Document
Leon Milagros R -- None Available
Leon Alvaro E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Twin Management Paterson Llc $476,000
Previous Owner Twin Management Paterson Llc $50,000
Previous Owner Twin Management Paterson Llc $378,000
Previous Owner Twin Management Paterson Llc $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $360,000 +24.2% --
03/24/2022 03/24/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $289,900 -- --
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
2025 $5,268 $103,400 $39,700 $63,700
2024 $5,070 $103,400 $39,700 $63,700
2022 $4,800 $103,400 $39,700 $63,700
2021 $4,628 $103,400 $39,700 $63,700
2020 $4,317 $103,400 $39,700 $63,700
2019 $4,068 $98,400 $39,100 $59,300
2018 $4,201 $97,100 $38,800 $58,300
2017 $4,010 $96,400 $38,600 $57,800
2016 $4,413 $101,700 $40,600 $61,100
2015 $4,178 $101,700 $40,600 $61,100
2014 $6,302 $217,300 $121,700 $95,600
Source: Public Records

Agents Affiliated with this Home

  • Othoniel Gomez

    Seller's Agent in 2022

    Othoniel Gomez

    Realty One Group Legend, Clifton

    (973) 772-0660

    25 in this area

    77 Total Sales

    Othoniel Gomez
    Section Image

  • H

    Buyer's Agent in 2022

    Herbert Melo

    Realty One Group Legend, Clifton

    (973) 390-1002

    7 in this area

    43 Total Sales

    Herbert Melo
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22007967

New Jersey MLS

APN: 08-08310-0000-00002

New Jersey Passaic County Paterson 07514 Eastside

490-494 10th Ave, Paterson, NJ

This home is located at 490-494 10th Ave, Paterson, NJ 07514 since 11 March 2022 and is currently estimated at $505,647. 490-494 10th Ave 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.

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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