NOT LISTED FOR SALE

57 N 5th St Unit 6 Paterson, NJ 07522

Prospect Park Neighborhood

Estimated Value: $239,525 - $509,000

2 Beds
1 Bath
583 Sq Ft
$623/Sq Ft Est. Value

About This Home

This home is located at 57 N 5th St Unit 6, Paterson, NJ 07522 and is currently estimated at $363,131, approximately $622 per square foot. 57 N 5th St Unit 6 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Dr. Frank Napier, Jr. School of Technology.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2025
Sold by
Cmf Bergen Group 42 Cv22 Llc
Bought by
Mach Properties Llc
Current Estimated Value
$363,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,670,000
Outstanding Balance
$3,660,761
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
-$3,297,630

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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mach Properties Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mach Properties Llc $3,670,000
Previous Owner Jcm Paterson Baltimore Cv 2020 $4,250,000
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
2024 $4,172 $85,100 $31,900 $53,200
2022 $3,944 $85,100 $31,900 $53,200
2021 $3,809 $85,100 $31,900 $53,200
2020 $3,553 $85,100 $31,900 $53,200
2019 $3,448 $83,400 $31,400 $52,000
Source: Public Records

Map

New Jersey Passaic County Paterson 07522 Prospect Park

57 N 5th St Unit 6, Paterson, NJ

Homes for Sale in Paterson, NJ

This home is located at 57 N 5th St Unit 6, Paterson, NJ 07522 and is currently estimated at $363,131, approximately $622 per square foot. 57 N 5th St Unit 6 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Dr. Frank Napier, Jr. School of Technology.

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