Landlord's Agent in 2024
Mary Griess
Weichert Corporate
(973) 979-5152
6 in this area
29 Total Sales
5-7 Timothy St Paterson, NJ 07503
South Paterson NeighborhoodEstimated Value: $594,000 - $738,000
2
Beds
1
Bath
--
Sq Ft
3,790
Sq Ft Lot
About This Home
As of August 2024Discover this beautifully renovated 2-bedroom, 1-bathroom home in South Paterson! Enjoy a modern kitchen with new appliances, spacious bedrooms, and a bright living area. The private deck and fenced yard are perfect for relaxation and entertaining. Located within walking distance to shops, restaurants, and public transportation, this home offers convenience at its best. An elementary school right across the street makes it ideal for families. Don't miss out schedule a viewing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,338
Lot Details
- 3,790
Home Design
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Cooling System Powered By Gas
- Heating System Uses Natural Gas
Community Details
- No Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 7, 2022
Sold by
Demircan Yusuf
Bought by
Alver Erkin
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,500
Outstanding Balance
$359,333
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$326,952
Purchase Details
Closed on
Sep 28, 2005
Sold by
Demircan Nureddin
Bought by
Demircan Yusuf
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alver Erkin | $650,000 | -- | |
| Alver Erkin | $650,000 | None Listed On Document | |
| Alver Erkin | $650,000 | -- | |
| Alver Erkin | $650,000 | None Listed On Document | |
| Demircan Yusuf | $129,900 | -- | |
| Demircan Yusuf | $129,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alver Erkin | $422,500 | |
| Closed | Alver Erkin | $422,500 | |
| Previous Owner | Demircan Yusuf | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2024 08/28/24 | Rented | $2,250 | +9.8% | -- |
| 08/15/2024 08/15/24 | Price Changed | $2,050 | -4.7% | -- |
| 08/09/2024 08/09/24 | Price Changed | $2,150 | -4.4% | -- |
| 07/05/2024 07/05/24 | Price Changed | $2,250 | -4.3% | -- |
| 06/13/2024 06/13/24 | Price Changed | $2,350 | -6.0% | -- |
| 05/31/2024 05/31/24 | For Rent | $2,500 | -- | -- |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $17,338 | $340,300 | $46,600 | $293,700 |
| 2024 | $16,685 | $340,300 | $46,600 | $293,700 |
| 2022 | $15,797 | $340,300 | $46,600 | $293,700 |
| 2021 | $15,232 | $340,300 | $46,600 | $293,700 |
| 2020 | $14,208 | $340,300 | $46,600 | $293,700 |
| 2019 | $13,746 | $332,500 | $45,600 | $286,900 |
| 2018 | $12,576 | $290,700 | $45,200 | $245,500 |
| 2017 | $12,002 | $288,500 | $45,000 | $243,500 |
| 2016 | $13,221 | $304,700 | $47,300 | $257,400 |
| 2015 | $12,517 | $304,700 | $47,300 | $257,400 |
| 2014 | $13,192 | $454,900 | $168,300 | $286,600 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Griess
Map
Source: New Jersey MLS
MLS Number: 24017034
APN: 08-06707-0000-00003
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.
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.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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