NOT LISTED FOR SALE

563 Madison Ave Paterson, NJ 07514

Eastside Neighborhood

Estimated Value: $599,000 - $1,006,000

3 Beds
1 Bath
1,928 Sq Ft
$388/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $540,000 $280 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,422/month

About This Home

As of November 2023

Spacious and bright 3 bedroom 1 bath apartment. Commuter friendly, close to highways and public transit.

Last Agent to Rent the Property

Alex Mouzakitis

Alexander Anderson Real Estate Group Listed on: 05/26/2023

Last Renter's Agent

Alex Mouzakitis

Alexander Anderson Real Estate Group Listed on: 05/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,185

Lot Details

  • 3,746

Kitchen

  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Community Details

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,185

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: 2 Family
  • ResoLaundryFeatures: None
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Ov/Rang/Gs, Refrigerator
  • Reso Association Amenities: None
  • Reso Pets Allowed: No
  • Co List Office Phone: (201) 343-6640
  • MLS Status: Leased - Leased
  • Directions: Between 11th and 12th Ave
  • Reso Fireplace Features: None
  • Year Built Details: 1950's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Gas
  • Heating: Natural Gas, Hot Water

Lot Info

  • Lot: 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
May 11, 2023
Sold by
Jones Arianny
Bought by
Zapata Victor A
Seller's Agent
Angelina Reyes
ESSENTIAL REAL ESTATE
Buyer's Agent
Alex Mouzakitis
ALEXANDER ANDERSON REAL ESTATE
List Price
$510,000
Sold Price
$540,000
Premium/Discount to List
$30,000
5.88%
Views
163
Current Estimated Value
$747,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,525
Avg. Annual Appreciation
15.33%
Original Mortgage
$521,977
Outstanding Balance
$510,215
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$237,310

Purchase Details

Listed on
May 8, 2019
Closed on
Jul 22, 2019
Sold by
Guzman Linda
Bought by
Jones Arlanny
Seller's Agent
Nancy Pavic
CASA REAL PROPERTY GROUP LLC
Buyer's Agent
Dissa Bustillo
RE/MAX VILLA REALTORS
List Price
$369,900
Sold Price
$360,000
Premium/Discount to List
-$9,900
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%
Original Mortgage
$353,479
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 11, 2014
Closed on
Aug 8, 2014
Sold by
Pearson Joseph and Pearson Nettie
Bought by
Guzman Linda
Sold Price
$148,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.58%
Original Mortgage
$111,000
Interest Rate
4.14%
Mortgage Type
New Conventional
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
Zapata Victor A $540,000 Title Agency
Jones Arlanny $360,000 Simplicity Title Llc
Guzman Linda $148,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zapata Victor A $521,977
Previous Owner Jones Arianny $71,066
Previous Owner Jones Arlanny $353,479
Previous Owner Guzman Linda $111,000
Previous Owner Pearson Joseph $153,000
Previous Owner Pearson Joseph $108,000
Previous Owner Pearson Joseph $101,088
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Rented $2,200 0.0% --
10/02/2023 10/02/23 Price Changed $2,200 -4.3% $1 / Sq Ft
06/13/2023 06/13/23 Price Changed $2,300 -4.2% $1 / Sq Ft
05/26/2023 05/26/23 Price Changed $2,400 +4.3% $1 / Sq Ft
05/26/2023 05/26/23 For Rent $2,300 0.0% --
05/12/2023 05/12/23 Sold $540,000 +5.9% $280 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $510,000 +41.7% $265 / Sq Ft
07/29/2019 07/29/19 Sold $360,000 -2.7% $187 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $369,900 +149.9% $192 / Sq Ft
08/11/2014 08/11/14 Sold $148,000 -- $77 / Sq Ft
Source: New Jersey 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 $16,185 $330,100 $20,000 $310,100
2023 $15,323 $330,100 $20,000 $310,100
2022 $15,323 $330,100 $20,000 $310,100
2021 $15,554 $347,500 $20,000 $327,500
2020 $14,508 $347,500 $20,000 $327,500
2019 $6,399 $154,800 $19,800 $135,000
2018 $6,601 $152,600 $19,700 $132,900
2017 $6,298 $151,400 $19,600 $131,800
2016 $6,938 $159,900 $20,600 $139,300
2015 $6,569 $159,900 $20,600 $139,300
2014 $9,474 $326,700 $137,300 $189,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Angelina Reyes

    ESSENTIAL REAL ESTATE

    (862) 262-6425

    4 in this area

    7 Total Sales

    Angelina Reyes
    Section Image
  • Alex Mouzakitis

    Landlord's Agent in 2023

    Alex Mouzakitis

    Alexander Anderson Real Estate Group

    (201) 341-5147

    4 in this area

    23 Total Sales

    Alex Mouzakitis
    Section Image

  • N

    Seller's Agent in 2019

    Nancy Pavic

    CASA REAL PROPERTY GROUP LLC

    (973) 684-1110

    52 in this area

    220 Total Sales

    Nancy Pavic
    Section Image
  • Dissa Bustillo

    Buyer's Agent in 2019

    Dissa Bustillo

    RE/MAX

    (917) 674-7525

    2 in this area

    44 Total Sales

    Dissa Bustillo
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23015872

New Jersey MLS

APN: 08-03403-0000-00026

New Jersey Passaic County Paterson 07514 Eastside

563 Madison Ave, Paterson, NJ

This home is located at 563 Madison Ave, Paterson, NJ 07514 since 26 May 2023 and is currently priced at $747,525. 563 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.

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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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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