NOT LISTED FOR SALE

522 E 40th St Unit 2 Paterson, NJ 07504

Eastside Neighborhood

Estimated Value: $548,000 - $703,000

-- Bed
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold March 08, 2022

Last sale price $435,000

Est. 36% increase in value since last sale

Current estimated payment $4,070/month

24 Days on Market

About This Home

As of March 2022

This home is located at 522 E 40th St Unit 2, Paterson, NJ 07504 since 06 December 2021 and is currently estimated at $590,994. 522 E 40th St Unit 2 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

Dismary Tejada

COLDWELL BANKER REALTY Brokerage Phone: 973-778-4500 Listed on: 12/06/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Francis Sullivan, 3rd

HOWARD HANNA RAND REALTY

HOWARD HANNA RAND REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,272

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,272

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 522
  • I D: 5119025
  • Modified: 2023-03-09
  • Number Images: 1
  • Attribution Contact: 973-778-4500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Feb 4, 2022
Sold by
Shaw 61 Llc
Bought by
Arias Epifanio Rivas and Rodriguez Eulogia Garcia
Seller's Agent
Dismary Tejada
COLDWELL BANKER REALTY
Buyer's Agent
Francis Sullivan, 3rd
HOWARD HANNA RAND REALTY
List Price
$374,900
Sold Price
$435,000
Premium/Discount to List
$60,100
16.03%
Current Estimated Value
$590,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,994
Avg. Annual Appreciation
8.73%
Original Mortgage
$439,885
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Shaw Sixty One Llc

Purchase Details

Closed on
Dec 19, 2011
Sold by
Passaic County Sheriff
Bought by
Federal Home Loan Mortgage Corporation
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 Buyer Sale Price Title Company
Arias Epifanio Rivas $448,000 Old Republic Title
Rivas Arias Epifanio $448,000 Old Republic Title
Shaw Sixty One Llc $90,000 None Available
Federal Home Loan Mortgage Corporation $125,306 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivas Arias Epifanio $439,885
Previous Owner Sarnelli Deniz $60,000
Previous Owner Sarnell Deniz $119,000
Previous Owner Sarnelli Deniz $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2022 03/08/22 Sold $435,000 +16.0% --
12/30/2021 12/30/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $374,900 -- --
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 $10,272 $201,600 $49,600 $152,000
2024 $9,884 $201,600 $49,600 $152,000
2022 $9,358 $201,600 $49,600 $152,000
2021 $9,024 $201,600 $49,600 $152,000
2020 $8,417 $201,600 $49,600 $152,000
2019 $8,152 $197,200 $48,800 $148,400
2018 $8,410 $194,400 $48,300 $146,100
2017 $8,025 $192,900 $48,000 $144,900
2016 $8,552 $197,100 $44,000 $153,100
2015 $8,097 $197,100 $44,000 $153,100
2014 $7,882 $271,800 $138,800 $133,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dismary Tejada

    COLDWELL BANKER REALTY

    (973) 778-4500

    2 in this area

    9 Total Sales

    Dismary Tejada
    Section Image
  • Francis Sullivan, 3rd

    Buyer's Agent in 2022

    Francis Sullivan, 3rd

    Rand Realty

    (201) 602-0096

    16 in this area

    86 Total Sales

    Francis Sullivan, 3rd
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3754927

Garden State MLS

APN: 08-07904-0000-00013

New Jersey Passaic County Paterson 07504 Eastside

522 E 40th St Unit 2, Paterson, NJ

This home is located at 522 E 40th St Unit 2, Paterson, NJ 07504 since 06 December 2021 and is currently estimated at $590,994. 522 E 40th St Unit 2 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.

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