NOT LISTED FOR SALE

518 Summer St Unit 1 Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $412,000 - $656,647

Studio
1 Bath
1,116 Sq Ft
$509/Sq Ft Est. Value

About This Home

This home is located at 518 Summer St Unit 1, Paterson, NJ 07501 and is currently estimated at $568,412, approximately $509 per square foot. 518 Summer St Unit 1 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Bought by
Current Estimated Value
$568,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,269
Outstanding Balance
$450,803
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$117,609

Purchase Details

Closed on
May 22, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,700
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2018
Sold by
Bought by

Purchase Details

Closed on
May 21, 2018
Sold by
Bought by
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$486,000 Westcor Land Title
$89,900 Clear Skies Title Agency
$45,000 Title Agency Of New Jersery
$198,528 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $473,269
Previous Owner $194,700
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,605 $31,500 $21,900 $9,600
2024 $1,544 $31,500 $21,900 $9,600
2022 $1,462 $31,500 $21,900 $9,600
2021 $1,410 $31,500 $21,900 $9,600
2020 $1,315 $31,500 $21,900 $9,600
2019 $1,282 $31,000 $21,600 $9,400
2018 $1,328 $30,700 $21,500 $9,200
2017 $4,023 $96,700 $21,400 $75,300
2016 $4,180 $102,100 $22,500 $79,600
2015 $3,944 $102,100 $22,500 $79,600
2014 $6,078 $218,200 $108,500 $109,700
Source: Public Records

Map

New Jersey Passaic County Paterson 07501 Eastside

518 Summer St Unit 1, Paterson, NJ

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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