57 Timothy St Unit 2 Paterson, NJ 07503
South Paterson NeighborhoodEstimated Value: $525,000 - $748,000
--
Bed
1
Bath
2,880
Sq Ft
$228/Sq Ft
Est. Value
About This Home
This home is located at 57 Timothy St Unit 2, Paterson, NJ 07503 and is currently estimated at $656,669, approximately $228 per square foot. 57 Timothy St Unit 2 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 7, 2022
Sold by
Demircan Yusuf
Bought by
Alver Erkin
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,500
Outstanding Balance
$359,333
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$297,336
Purchase Details
Closed on
Sep 28, 2005
Sold by
Demircan Nureddin
Bought by
Demircan Yusuf
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,920
Interest Rate
5.81%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alver Erkin | $650,000 | -- | |
| Alver Erkin | $650,000 | None Listed On Document | |
| Demircan Yusuf | $129,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alver Erkin | $422,500 | |
| Closed | Alver Erkin | $422,500 | |
| Previous Owner | Demircan Yusuf | $103,920 |
Source: Public Records
Tax History Compared to Growth
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 | $17,338 | $340,300 | $46,600 | $293,700 |
| 2024 | $16,685 | $340,300 | $46,600 | $293,700 |
| 2022 | $15,797 | $340,300 | $46,600 | $293,700 |
| 2021 | $15,232 | $340,300 | $46,600 | $293,700 |
| 2020 | $14,208 | $340,300 | $46,600 | $293,700 |
| 2019 | $13,746 | $332,500 | $45,600 | $286,900 |
| 2018 | $12,576 | $290,700 | $45,200 | $245,500 |
| 2017 | $12,002 | $288,500 | $45,000 | $243,500 |
| 2016 | $13,221 | $304,700 | $47,300 | $257,400 |
| 2015 | $12,517 | $304,700 | $47,300 | $257,400 |
| 2014 | $13,192 | $454,900 | $168,300 | $286,600 |
Source: Public Records
Map
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