NOT LISTED FOR SALE

5 Salem Rd Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $542,000 - $582,703

3 Beds
1.5 Baths
1,509 Sq Ft
$370/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $450,000 $298 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,931/month

6 Days on Market

Highlights

  • Cape Cod Architecture
  • Eat-In Kitchen
  • Patio
  • Main Floor Bedroom
  • Walk-In Closet
  • Attached Carport

About This Home

As of June 2022

Your search ends here! Come see this beautiful, newly-updated 3 BD/1.5 BA single family Cape Code in the desirable Hillcrest section of Paterson. Main level features luxurious EIK with granite countertops, sliding door to large patio, spacious fenced-in backyard, open concept living room/dining room, master bedroom with WIC, 2nd bedroom, full bath. Upper level features large bedroom, WIC/storage room. Spacious finished basement with W/D area (W/D included), beautiful half bath, plenty of storage. Hardwood floors throughout. Two+ car driveway with carport. steps away from parks, public transportation, grocery stores, restaurants and more. A few minutes away from most major highways. Impeccable home. Move-in ready! This captivating home will not last long.

Last Agent to Sell the Property

ISSAC LICHTENSTADTER

NATIONWIDE HOMES REALTY LLC Listed on: 04/21/2022

Last Buyer's Agent

Michael Schiff

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,523

Year Built

  • Built in 1950

Lot Details

  • 6,380 Sq Ft Lot
  • Privacy Fence

Home Design

  • Cape Cod Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Carbon Monoxide Detectors
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Attached Carport
  • Private Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Baseboard Heater
  • Standard Electricity
  • Water Filtration System

Listing and Financial Details

  • Assessor Parcel Number 2508-01001-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,523

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1950
  • Year Built Description: Standing
  • County Name: Passaic
  • Street Number Display: 5
  • Directions: From Route 80, Exit 56
  • I D: 5144717
  • Modified: 2023-06-04
  • Number Images: 29
  • First Name: ISSAC
  • First Name3: MICHAEL
  • Last Name: LICHTENSTADTER
  • Last Name3: SCHIFF
  • Office Phone: 908-445-5944
  • Office Phone3: 973-783-7400
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector, CookGas, Dryer, Microwave Oven, Range/Oven-Electric, Range/Oven-Gas, Refrigerator, Washer, Water Filter
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Walk-In Closet
  • Number Rooms: 10
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 21x14
  • Kitchen Level: First
  • Living Room Dim: 16x10
  • Living Room Level: First

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Barbeque, Patio, Privacy Fence, Sidewalk, Storage Shed, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Carport-Attached
  • Number Parking Spaces: 3
  • Parking Driveway Description: Driveway-Exclusive, Off-Street Parking, On-Street Parking

Utilities

  • Cooling: Wall A/C Unit(s), Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Electric, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 6380
  • Assessed Improvement Value: 154600
  • Assessed Land Value: 73500
  • Assessment: 228100
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Total Acres: 0.15

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9523
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-01001-0000-00007-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.476
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jul 1, 2022
Sold by
Smith and Vanesa
Bought by
Nunez Raquel and Liriano Calvin
Seller's Agent
ISSAC LICHTENSTADTER
NATIONWIDE HOMES REALTY LLC
Buyer's Agent
Michael Schiff
KELLER WILLIAMS - NJ METRO GROUP
List Price
$405,000
Sold Price
$450,000
Premium/Discount to List
$45,000
11.11%
Current Estimated Value
$558,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,676
Avg. Annual Appreciation
6.61%
Original Mortgage
$434,981
Outstanding Balance
$413,871
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$144,805

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 31, 2017
Sold by
Otero Diego and Camllo Elisa
Bought by
Smith Larmore and Smith Vanesa
Seller's Agent
WILFREDO ALFARO
COLDWELL BANKER REALTY
Buyer's Agent
Thomas Hanle
COLDWELL BANKER REALTY WYK
List Price
$249,000
Sold Price
$258,000
Premium/Discount to List
$9,000
3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$193,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2009
Sold by
Pledged Property Ii Llc
Bought by
Otero Diego

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2008
Sold by
Jerry Speziale Passaic Cnty Sheriff and Blake Ionie
Bought by
Pledged Property Ii Llc

Purchase Details

Closed on
Nov 14, 1996
Sold by
Urban Asset Management Llc
Bought by
Seymour Blake and Blake Ionie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

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Average Value
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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
Nunez Raquel $450,000 Aziz Peter G
Nunez Raquel $450,000 Aziz Peter G
Smith Larmore $258,000 None Available
Otero Diego $128,000 --
Pledged Property Ii Llc $271,781 --
Seymour Blake $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Raquel $434,981
Closed Nunez Raquel $434,981
Previous Owner Smith Larmore $193,000
Previous Owner Otero Diego $102,400
Previous Owner Seymour Blake $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2022 06/03/22 Sold $450,000 +11.1% $298 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $405,000 +57.0% $268 / Sq Ft
03/31/2017 03/31/17 Sold $258,000 +3.6% $132 / Sq Ft View Prior Sale
02/17/2017 02/17/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $249,000 -- $128 / 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 $11,622 $228,100 $73,500 $154,600
2024 $11,184 $228,100 $73,500 $154,600
2022 $10,588 $228,100 $73,500 $154,600
2021 $10,210 $228,100 $73,500 $154,600
2020 $9,523 $228,100 $73,500 $154,600
2019 $9,227 $223,200 $72,200 $151,000
2018 $9,522 $220,100 $71,500 $148,600
2017 $7,808 $187,700 $71,000 $116,700
2016 $8,327 $191,900 $78,500 $113,400
2015 $7,883 $191,900 $78,500 $113,400
2014 $7,175 $247,400 $121,800 $125,600
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2022

    ISSAC LICHTENSTADTER

    NATIONWIDE HOMES REALTY LLC

  • Michael Schiff

    Buyer's Agent in 2022

    Michael Schiff

    KELLER WILLIAMS - NJ METRO GROUP

    (973) 615-3608

    1 in this area

    113 Total Sales

    Michael Schiff
    Section Image

  • W

    Seller's Agent in 2017

    WILFREDO ALFARO

    COLDWELL BANKER REALTY

  • Thomas Hanle

    Buyer's Agent in 2017

    Thomas Hanle

    COLDWELL BANKER REALTY WYK

    (973) 653-8445

    20 Total Sales

    Thomas Hanle
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3776914

Garden State MLS

APN: 08-01001-0000-00007

New Jersey Passaic County Paterson 07502 Totowa Section

5 Salem Rd, Paterson, NJ

This home is located at 5 Salem Rd, Paterson, NJ 07502 since 21 April 2022 and is currently estimated at $558,676, approximately $370 per square foot. This property was built in 1950. 5 Salem Rd 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.

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