$700,000
SOLD JAN 13, 2025

507 E 24th St Unit 509 Paterson, NJ 07514

Eastside Neighborhood
-- Bed
-- Bath
843 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$830 Per Sq Ft

4% Above List Price

22 Days on Market

About This Home

As of January 2025

This home is located at 507 E 24th St Unit 509, Paterson, NJ 07514 and is currently priced at $700,000, approximately $830 per square foot. 507 E 24th St Unit 509 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

Andy Bernardo

REALTY ONE GROUP SUNRISE Brokerage Phone: 201-265-7000 Listed on: 10/30/2024

REALTY ONE GROUP SUNRISE

Last Buyer's Agent

NANCY C. POLIO

SIGNATURE REALTY NJ

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 5321800
  • Attribution Contact: 201-265-7000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Jan 10, 2025
Sold by
Rivera Maritza Sanchez
Bought by
Macias Hilda
Seller's Agent
Andy Bernardo
REALTY ONE GROUP SUNRISE
Buyer's Agent
NANCY C. POLIO
SIGNATURE REALTY NJ
List Price
$675,000
Sold Price
$700,000
Premium/Discount to List
$25,000
3.7%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$687,321
Outstanding Balance
$682,436
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$56,134

Purchase Details

Closed on
Oct 20, 2023
Sold by
Yussel Llc
Bought by
Sanchez Rivera Maritza

Purchase Details

Closed on
Feb 21, 2023
Sold by
Sheriff Of The County Of Passaic
Bought by
Yussel Llc

Purchase Details

Closed on
May 21, 2003
Sold by
Citibank
Bought by
K & L Ranch

Purchase Details

Closed on
Mar 18, 1998
Sold by
Brooks Eugene and Brooks Roger
Bought by
Harris Laverne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
10.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $700,000 First American Title
Deed $700,000 First American Title
Bargain Sale Deed $560,000 Westcor Land Title
Bargain Sale Deed $560,000 Westcor Land Title
Sheriffs Deed $357,106 None Listed On Document
Sheriffs Deed $357,106 None Listed On Document
Deed $88,000 --
Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $687,321 FHA
Closed $687,321 FHA
Previous Owner $58,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 For Rent $2,600 0.0% --
01/13/2025 01/13/25 Sold $700,000 +3.7% $830 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $675,000 -- $801 / 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 $10,888 $213,700 $53,800 $159,900
2024 $10,478 $213,700 $53,800 $159,900
2022 $9,920 $213,700 $53,800 $159,900
2021 $9,565 $213,700 $53,800 $159,900
2020 $8,922 $213,700 $53,800 $159,900
2019 $8,648 $209,200 $53,000 $156,200
2018 $8,925 $206,300 $52,600 $153,700
2017 $8,520 $204,800 $52,300 $152,500
2016 $9,381 $216,200 $55,000 $161,200
2015 $8,882 $216,200 $55,000 $161,200
2014 $9,425 $325,000 $168,800 $156,200
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2025

    NANCY C. POLIO

    SIGNATURE REALTY NJ

  • Andy Bernardo

    Seller's Agent in 2025

    Andy Bernardo

    REALTY ONE GROUP SUNRISE

    (862) 302-5444

    6 in this area

    20 Total Sales

    Andy Bernardo
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Map

Source: Garden State MLS

MLS Number: 3931961

Garden State MLS

APN: 08-03313-0000-00026

New Jersey Passaic County Paterson 07514 Eastside

507 E 24th St Unit 509, Paterson, NJ

Sold

MultiFamily

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