NOT LISTED FOR SALE

561 Preakness Ave Paterson, NJ 07502

Estimated Value: $204,372 - $500,000

2 Beds
1 Bath
846 Sq Ft
$416/Sq Ft Est. Value

Last Sold December 04, 2017

Last sale price $85,000 $100 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $2,112/month

174 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Wood Siding
  • Passaic Valley High School Rated A-
  • Storage Room

About This Home

As of December 2017

Ranch home needs to be completely renovated. Low property taxes. Beautiful rear yard with city views.

Last Agent to Sell the Property

Eugene Lowe

HOWARD HANNA RAND REALTY Listed on: 04/05/2017

HOWARD HANNA RAND REALTY

Last Buyer's Agent

Deborah Manning

HOWARD HANNA RAND REALTY

HOWARD HANNA RAND REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,733

Year Built

  • Built in 1938

Lot Details

  • 9,583

Parking

  • 1 Parking Space

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Living Room
  • Storage Room
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Additional Features

  • 9,583 Sq Ft Lot
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2512-00006-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,733

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1938
  • County Name: Passaic
  • Street Number Display: 561
  • Directions: Valley Road to Preakness Ave
  • I D: 4702187
  • Modified: 2018-12-05
  • Number Images: 3
  • First Name: GENE
  • First Name2: EUGENE
  • First Name3: DEBORAH
  • Last Name: LOWE
  • Last Name2: LOWE
  • Last Name3: MANNING
  • Office Phone: 973-694-6500
  • Office Phone3: 973-694-6500 x7134
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector
  • Number Rooms: 4
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished, Full, Walkout
  • Basement Level Rooms: Storage Room, Walkout
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Level 1 Rooms: 2 Bedrooms, Kitchen, Living Room, Bath Main
  • Phone: 973-694-6500

Exterior Features

  • Exterior Description: Wood
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1

Utilities

  • Sewer: Septic
  • Water: Public Water

Lot Info

  • Lot Size: 80X118
  • Assessed Improvement Value: 69600
  • Assessed Land Value: 89300
  • Assessment: 158900
  • Easement: Unknown
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.22

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 3733
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2512-00006-0000-00004-0000-
  • Tax Rate Amount: 2.349
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
Dec 1, 2017
Sold by
Jposeph Carvagalia Joaseph and Jposeph Carvagalia
Bought by
Fortress Holdings Llc
Seller's Agent
Eugene Lowe
HOWARD HANNA RAND REALTY
Buyer's Agent
Deborah Manning
HOWARD HANNA RAND REALTY
List Price
$79,000
Sold Price
$85,000
Premium/Discount to List
$6,000
7.59%
Current Estimated Value
$352,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,186
Avg. Annual Appreciation
18.82%
Source: Public Records

Range of Values:

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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
Fortress Holdings Llc $85,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortress Holdings Llc $11,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2017 12/04/17 Sold $85,000 +7.6% $100 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $79,000 -- $93 / 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
2024 $2,316 $89,300 $89,300 $0
2022 $2,177 $89,300 $89,300 $0
2021 $2,124 $89,300 $89,300 $0
2020 $2,163 $89,300 $89,300 $0
2019 $2,132 $89,300 $89,300 $0
2018 $3,787 $158,900 $89,300 $69,600
2017 $3,748 $158,900 $89,300 $69,600
2016 $3,733 $158,900 $89,300 $69,600
2015 $3,629 $158,900 $89,300 $69,600
2014 $3,372 $158,900 $89,300 $69,600
Source: Public Records

Agents Affiliated with this Home

  • Eugene Lowe

    Seller's Agent in 2017

    Eugene Lowe

    Rand Realty

    (973) 513-3393

    12 in this area

    518 Total Sales

    Eugene Lowe
    Section Image
  • Deborah Manning

    Buyer's Agent in 2017

    Deborah Manning

    Rand Realty

    (973) 632-3658

    1 in this area

    29 Total Sales

    Deborah Manning
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3376822

Garden State MLS

APN: 12-00006-0000-00004

New Jersey Passaic County Paterson 07502

561 Preakness Ave, Paterson, NJ

This home is located at 561 Preakness Ave, Paterson, NJ 07502 since 05 April 2017 and is currently estimated at $352,186, approximately $416 per square foot. This property was built in 1938. 561 Preakness Ave is a home located in Passaic County with nearby schools including Washington Park Elementary School, Passaic Valley High School, and St Gerard Majella School.

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