NOT LISTED FOR SALE

55 Illinois Ave Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $848,000 - $1,027,000

Studio
-- Bath
3,003 Sq Ft
$314/Sq Ft Est. Value

About This Home

This home is located at 55 Illinois Ave, Paterson, NJ 07503 and is currently estimated at $943,992, approximately $314 per square foot. 55 Illinois Ave is a home with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2025
Sold by
55-59 Illinois Avenue Llc
Bought by
Fahed Ghena
Current Estimated Value
$943,992

Purchase Details

Closed on
Jul 1, 2022
Sold by
55 Illinois Ave Assco Llc
Bought by
55-59 Illinois Avenue Llc

Purchase Details

Closed on
Oct 29, 2019
Sold by
Malatesta Benjamin and Malatesta Paul
Bought by
61 65 Illinois Ave Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Fahed Ghena $990,000 Old Republic Title
Ghena Fahed $990,000 Old Republic Title
55-59 Illinois Avenue Llc $800,000 Maricanda Alan J
55-59 Illinois Avenue Llc $800,000 None Listed On Document
61 65 Illinois Ave Llc $1,000,000 Old Republic Natl Ttl Ins Co
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 $19,055 $374,000 $197,600 $176,400
2024 $18,337 $374,000 $197,600 $176,400
2022 $17,361 $374,000 $197,600 $176,400
2021 $16,740 $374,000 $197,600 $176,400
2020 $15,615 $374,000 $197,600 $176,400
2019 $15,292 $369,900 $197,600 $172,300
2018 $15,863 $366,700 $197,600 $169,100
2017 $15,196 $365,300 $197,600 $167,700
2016 $16,267 $374,900 $197,600 $177,300
2015 $15,401 $374,900 $197,600 $177,300
2014 $16,762 $578,000 $420,000 $158,000
Source: Public Records

Map

New Jersey Passaic County Paterson 07503 South Paterson

55 Illinois Ave, Paterson, NJ

Not Listed for Sale

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