NOT LISTED FOR SALE

54-56 Madison Ave Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $601,000 - $722,000

-- Bed
-- Bath
2,502 Sq Ft
$260/Sq Ft Est. Value

About This Home

This home is located at 54-56 Madison Ave, Paterson, NJ 07524 and is currently estimated at $650,975, approximately $260 per square foot. 54-56 Madison Ave is a home with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2022
Sold by
Tavarez Rhina
Bought by
Tavarez Marinelly
Current Estimated Value
$650,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$295,386
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$329,419

Purchase Details

Closed on
Nov 29, 2011
Sold by
Ahumada Gilberto
Bought by
Guzman Jose R

Purchase Details

Closed on
Jan 10, 2007
Sold by
Lopez Maria P
Bought by
Ahumada Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,750
Interest Rate
6.15%

Purchase Details

Closed on
May 16, 2006
Sold by
Alimi Sinon
Bought by
Lopez Maria P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,600
Interest Rate
6.42%
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
Tavarez Marinelly $393,750 Advent Title
Guzman Jose R $220,000 --
Ahumada Gilberto $549,000 --
Lopez Maria P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tavarez Marinelly $315,000
Previous Owner Ahumada Gilberto $411,750
Previous Owner Lopez Maria P $327,600
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
2024 $14,832 $302,500 $42,400 $260,100
2022 $14,042 $302,500 $42,400 $260,100
2021 $13,540 $302,500 $42,400 $260,100
2020 $12,629 $302,500 $42,400 $260,100
2019 $12,228 $295,800 $41,700 $254,100
2018 $12,606 $291,400 $41,400 $250,000
2017 $12,031 $289,200 $41,200 $248,000
2016 $13,247 $305,300 $43,200 $262,100
2015 $12,542 $305,300 $43,200 $262,100
2014 $11,783 $406,300 $117,900 $288,400
Source: Public Records

Map

New Jersey Passaic County Paterson 07514 Riverside

54-56 Madison Ave, Paterson, NJ

This home is located at 54-56 Madison Ave, Paterson, NJ 07524 and is currently estimated at $650,975, approximately $260 per square foot. 54-56 Madison Ave is a home with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, 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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