5 Colonial Ave Paterson, NJ 07502
Totowa Section NeighborhoodEstimated Value: $422,000 - $489,000
--
Bed
--
Bath
1,020
Sq Ft
$436/Sq Ft
Est. Value
About This Home
This home is located at 5 Colonial Ave, Paterson, NJ 07502 and is currently estimated at $445,066, approximately $436 per square foot. 5 Colonial 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 19, 2002
Sold by
Martinez Martha
Bought by
Ortega Jose and Ortega Paulina
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
$184,000
Outstanding Balance
$78,752
Interest Rate
6.19%
Estimated Equity
$366,314
Purchase Details
Closed on
Nov 30, 1995
Sold by
Scheck June
Bought by
Martinez Maruricio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.13%
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 |
|---|---|---|---|
| Ortega Jose | $190,000 | -- | |
| Martinez Maruricio | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ortega Jose | $184,000 | |
| Previous Owner | Martinez Maruricio | $81,000 |
Source: Public Records
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 | $8,310 | $163,100 | $71,600 | $91,500 |
| 2024 | $7,997 | $163,100 | $71,600 | $91,500 |
| 2022 | $7,571 | $163,100 | $71,600 | $91,500 |
| 2021 | $7,300 | $163,100 | $71,600 | $91,500 |
| 2020 | $6,809 | $163,100 | $71,600 | $91,500 |
| 2019 | $6,598 | $159,600 | $70,300 | $89,300 |
| 2018 | $6,813 | $157,500 | $69,600 | $87,900 |
| 2017 | $6,623 | $159,200 | $69,100 | $90,100 |
| 2016 | $7,099 | $163,600 | $76,600 | $87,000 |
| 2015 | $6,721 | $163,600 | $76,600 | $87,000 |
| 2014 | $8,477 | $292,300 | $184,000 | $108,300 |
Source: Public Records
Map
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