$665,000
SOLD FEB 26, 2025

510 E 40th St Paterson, NJ 07504

Eastside Neighborhood
-- Bed
-- Bath
1,846 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$360 Per Sq Ft

15% Above List Price

15 Days on Market

About This Home

As of February 2025

This home is located at 510 E 40th St, Paterson, NJ 07504 and is currently priced at $665,000, approximately $360 per square foot. 510 E 40th St 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.

Last Agent to Sell the Property

Hugo Meza

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 01/07/2025

EXP REALTY, LLC

Last Buyer's Agent

Alicia Alarcon

KELLER WILLIAMS TEAM REALTY

KELLER WILLIAMS TEAM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,379

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,379

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 510
  • I D: 5331295
  • Modified: 2025-03-06
  • Number Images: 0
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Feb 26, 2025
Sold by
Madison Ave Investments Llc
Bought by
Sandoval Goris Luis J and Vasquez Leiddy G
Seller's Agent
Hugo Meza
EXP REALTY, LLC
Buyer's Agent
Alicia Alarcon
KELLER WILLIAMS TEAM REALTY
List Price
$580,000
Sold Price
$665,000
Premium/Discount to List
$85,000
14.66%
Views
50
Current Estimated Value
$729,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,611
Avg. Annual Appreciation
16.13%
Original Mortgage
$652,955
Outstanding Balance
$649,722
Interest Rate
7.04%
Mortgage Type
FHA
Estimated Equity
$79,889

Purchase Details

Closed on
Sep 22, 2021
Sold by
Meza Hugo W
Bought by
Madison Ave Investments Llc

Purchase Details

Closed on
Mar 30, 2017
Sold by
Meza Edgar Arturo
Bought by
Meza Hugo Walter

Purchase Details

Closed on
Nov 14, 2016
Sold by
Wells Fargo Bank
Bought by
Meza Edgar Arturo and Meza Hugo Walter

Purchase Details

Closed on
Apr 4, 2016
Sold by
Wade Deniase and Veale Anthony
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Sep 14, 2007
Sold by
Veale Denise
Bought by
Wade Denise and Veale Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,190
Interest Rate
6.65%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 1996
Sold by
Zimmerman Est Robert
Bought by
Veale Denie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Bargain Sale Deed $665,000 First American Title
Bargain Sale Deed $665,000 First American Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Deed $100,000 None Available
Deed -- None Available
Deed -- --
Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $652,955 FHA
Previous Owner $351,190 FHA
Previous Owner $60,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2025 02/26/25 Sold $665,000 +14.7% $360 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $580,000 -- $314 / 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 $13,379 $262,600 $39,600 $223,000
2024 $12,875 $262,600 $39,600 $223,000
2022 $12,190 $262,600 $39,600 $223,000
2021 $11,754 $262,600 $39,600 $223,000
2020 $10,964 $262,600 $39,600 $223,000
2019 $10,538 $254,900 $38,800 $216,100
2018 $10,858 $251,000 $38,300 $212,700
2017 $11,856 $285,000 $38,000 $247,000
2016 $12,804 $295,100 $34,000 $261,100
2015 $12,123 $295,100 $34,000 $261,100
2014 $9,048 $312,000 $184,300 $127,700
Source: Public Records

Agents Affiliated with this Home

  • Hugo Meza

    Seller's Agent in 2025

    Hugo Meza

    EXP REALTY, LLC

    (973) 771-5995

    10 in this area

    88 Total Sales

    Hugo Meza
    Section Image
  • Alicia Alarcon

    Buyer's Agent in 2025

    Alicia Alarcon

    KELLER WILLIAMS TEAM REALTY

    (973) 920-0005

    2 in this area

    27 Total Sales

    Alicia Alarcon
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3940241

Garden State MLS

APN: 08-07904-0000-00009

New Jersey Passaic County Paterson 07504 Eastside

510 E 40th St, Paterson, NJ

This home is located at 510 E 40th St, Paterson, NJ 07504 and is currently priced at $665,000, approximately $360 per square foot. 510 E 40th St 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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