NOT LISTED FOR SALE

51-57 Park Ave Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $1,348,000

-- Bed
-- Bath
-- Sq Ft
0.32 Acres

About This Home

This home is located at 51-57 Park Ave, Paterson, NJ 07501 and is currently estimated at $1,348,000. 51-57 Park Ave is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Golden Metro Llc
Bought by
51 57 Park Llc
Current Estimated Value
$1,348,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,680,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 16, 2009
Sold by
Terrapark Llc
Bought by
Macabie Paterson Llc

Purchase Details

Closed on
Mar 13, 2007
Sold by
Dionysus Realty Llc
Bought by
Terrapark Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 1998
Sold by
Iannelli Salvatore
Bought by
Kropilak Glenn and Spoelstra Fedde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
13%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 1998
Sold by
P & A Realty Management One Llc
Bought by
16Th Avenue Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
13%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
51 57 Park Llc $3,340,000 Land Track Title Agency Llc
Macabie Paterson Llc -- --
Terrapark Llc $940,000 --
Kropilak Glenn $100,000 --
Iannelli Salvatore $60,000 Chicago Title Insurance Co
16Th Avenue Realty Corp $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 51-57 Park Llc $3,322,000
Closed 51 57 Park Llc $2,680,000
Previous Owner Golden Metro Llc $1,050,000
Previous Owner Golden Metro Llc $850,000
Previous Owner Golden Metro Llc $500,000
Previous Owner Terrapark Llc $120,000
Previous Owner Terrapark Llc $120,000
Previous Owner Kropilak Glenn $150,000
Source: Public Records

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 $78,896 $1,548,500 $660,000 $888,500
2024 $75,923 $1,548,500 $660,000 $888,500
2022 $71,881 $1,548,500 $660,000 $888,500
2021 $69,311 $1,548,500 $660,000 $888,500
2020 $64,650 $1,548,500 $660,000 $888,500
2019 $61,481 $1,487,200 $660,000 $827,200
2018 $64,336 $1,487,200 $660,000 $827,200
2017 $59,987 $1,442,000 $660,000 $782,000
2016 $51,786 $1,193,500 $660,000 $533,500
2015 $49,029 $1,193,500 $660,000 $533,500
2014 $48,503 $1,672,500 $690,000 $982,500
Source: Public Records

Map

New Jersey Passaic County Paterson 07501 Eastside

51-57 Park Ave, Paterson, NJ

This home is located at 51-57 Park Ave, Paterson, NJ 07501 and is currently estimated at $1,348,000. 51-57 Park Ave is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, 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.

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