NOT LISTED FOR SALE

55 Paterson Ave Newton, NJ 07860

Estimated Value: $386,000 - $418,000

3 Beds
1.5 Baths
1,268 Sq Ft
$320/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $270,000 $213 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,827/month

18 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Workshop
  • Ranch Style House
  • Den
  • Formal Dining Room

About This Home

As of December 2021

Cute as a button ranch style home. Entertain or relax on the back deck. Close to major highways, schools, restaurants, and hospitals.

Last Agent to Sell the Property

KARL LUDWIG

C-21 CHRISTEL REALTY Listed on: 09/30/2021

Last Buyer's Agent

PATRICK BOLGER

ADDISON REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,937

Year Built

  • Built in 1963

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Parking Spaces

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Tile

Interior Spaces

  • Shades
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Den
  • Workshop
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Country Kitchen
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

  • Merriam Av Elementary School
  • Newton Middle School
  • Newton High School

Utilities

  • Central Air
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2815-00021-0004-00016-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,937

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1963
  • Year Built Description: Approximate
  • County Name: Sussex
  • Possible Other Uses: Home-Office
  • Directions: In Newton- Take Sparta Road to Merriam Ave to Paterson Ave to #55.
  • I D: 5101197
  • First Name: KARL
  • First Name3: PATRICK
  • Last Name: LUDWIG
  • Last Name3: BOLGER
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum, Wood
  • Appliances: CookGas, Dishwasher, Dryer, Refrigerator, OvnWGas, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Shades, Smoke Detector
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Half Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Basement Level Rooms: Laundry Room, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Country Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Den, Dining Room, Foyer, Kitchen, Living Room, RecRoom
  • Phone: 973-627-6800

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Sidewalk, Storm Door(s), Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: NEWTON
  • Middle Jr High School: NEWTON

Lot Info

  • Lot Size: 00000.228 AC.
  • Lot Description: Level Lot, Open Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6937
  • Assessor Parcel Number: 2815-00021-0004-00016-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.423
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: MERRIAM AV

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Dec 7, 2021
Sold by
Hartmann Pamela J
Bought by
Hernandez Arsenio and Hernandez Elisabeth
Seller's Agent
KARL LUDWIG
C-21 CHRISTEL REALTY
Buyer's Agent
PATRICK BOLGER
ADDISON REAL ESTATE
List Price
$249,900
Sold Price
$270,000
Premium/Discount to List
$20,100
8.04%
Current Estimated Value
$405,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,411
Avg. Annual Appreciation
10.78%
Original Mortgage
$274,928
Outstanding Balance
$252,418
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$152,993

Purchase Details

Closed on
Aug 15, 1994
Sold by
Devries Peter and Devries Lily
Bought by
Vealey Robert and Vealey Alice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hernandez Arsenio $280,000 New Title Company Name
Vealey Robert $132,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Arsenio $274,928
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2021 12/08/21 Sold $270,000 +8.0% $213 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $249,900 -- $197 / 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 $8,413 $332,600 $102,300 $230,300
2024 $7,536 $308,500 $82,300 $226,200
2023 $7,536 $167,700 $59,800 $107,900
2022 $7,567 $167,700 $59,800 $107,900
2021 $7,533 $167,700 $59,800 $107,900
2020 $7,417 $167,700 $59,800 $107,900
2019 $7,188 $167,700 $59,800 $107,900
2018 $7,149 $167,700 $59,800 $107,900
2017 $7,107 $167,700 $59,800 $107,900
2016 $6,743 $167,700 $59,800 $107,900
2015 $6,559 $167,700 $59,800 $107,900
2014 $6,418 $167,700 $59,800 $107,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    KARL LUDWIG

    C-21 CHRISTEL REALTY

  • P

    Buyer's Agent in 2021

    PATRICK BOLGER

    ADDISON REAL ESTATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3743572

Garden State MLS

APN: 15-00021-04-00016

New Jersey Sussex County Newton 07860

55 Paterson Ave, Newton, NJ

Not Listed for Sale

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