NOT LISTED FOR SALE

562 Madison Ave Paterson, NJ 07514

Eastside Neighborhood

Estimated Value: $309,000 - $532,359

3 Beds
2 Baths
925 Sq Ft
$497/Sq Ft Est. Value

About This Home

This home is located at 562 Madison Ave, Paterson, NJ 07514 and is currently estimated at $459,840, approximately $497 per square foot. 562 Madison Ave is a home located in Passaic County 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
Jul 6, 2023
Sold by
Lb Properties Holdings Llc
Bought by
562 Madison Ave Llc
Current Estimated Value
$459,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2023
Sold by
Badger Lbhoney
Bought by
Lb Properties Holdings Lw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
562 Madison Ave Llc $337,500 First American Title
562 Madison Ave Llc $337,500 First American Title
Lb Properties Holdings Lw $175,000 Fortune Title
Lb Properties Holdings Lw $175,000 Fortune Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 562 Madison Ave Llc $472,500
Previous Owner 562 Madison Ave Llc $373,000
Previous Owner Lb Properties Holdings Lw $150,000
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
2025 $7,072 $138,800 $17,700 $121,100
2024 $6,805 $138,800 $17,700 $121,100
2023 $6,443 $138,800 $17,700 $121,100
2022 $6,443 $138,800 $17,700 $121,100
2021 $6,213 $138,800 $17,700 $121,100
2020 $5,795 $138,800 $17,700 $121,100
2019 $5,614 $135,800 $17,500 $118,300
2018 $5,788 $133,800 $17,400 $116,400
2017 $5,524 $132,800 $17,300 $115,500
2016 $6,083 $140,200 $18,200 $122,000
2015 $5,759 $140,200 $18,200 $122,000
2014 $9,506 $327,800 $131,100 $196,700
Source: Public Records

Map

New Jersey Passaic County Paterson 07514 Eastside

562 Madison Ave, Paterson, NJ

This home is located at 562 Madison Ave, Paterson, NJ 07514 and is currently estimated at $459,840, approximately $497 per square foot. 562 Madison Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

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