NOT LISTED FOR SALE

58 N 5th St Paterson, NJ 07522

Prospect Park Neighborhood

Estimated Value: $389,000 - $570,000

-- Bed
-- Bath
1,890 Sq Ft
$244/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $170,000 $90 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $3,225/month

124 Days on Market

About This Home

As of December 2018

This home is located at 58 N 5th St, Paterson, NJ 07522 since 23 May 2018 and is currently estimated at $461,519, approximately $244 per square foot. 58 N 5th St 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.

Last Agent to Sell the Property

Nicholas Tselepis

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 05/23/2018

Co-Listed By

SOPHIA CONSTANDINOU

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202

Last Buyer's Agent

TERESA A. GILLIARD LANE

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,688

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,688

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 58
  • I D: 4802383
  • Modified: 2020-01-01
  • Number Images: 1
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Dec 29, 2018
Sold by
Khondakar Mohammed R
Bought by
Okhuarobo Mary
Seller's Agent
Nicholas Tselepis
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
TERESA A. GILLIARD LANE
KELLER WILLIAMS ELITE REALTORS
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%
Total Days on Market
124
Current Estimated Value
$461,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,519
Avg. Annual Appreciation
16.83%
Original Mortgage
$176,739
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2011
Sold by
Maldonado Gilberto and Maldonado Rosa
Bought by
Khondakar Mohammed R

Purchase Details

Closed on
Dec 22, 1997
Sold by
Shelter Most High Pentecostal Church Spa
Bought by
Maldonado Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.9%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Okhuarobo Mary $180,000 Trrident Abstract Title Agen
Khondakar Mohammed R $50,000 --
Maldonado Gilberto $110,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okhuarobo Mary $179,000
Closed Okhuarobo Mary $176,739
Previous Owner Maldeonado Gilberto $148,000
Previous Owner Maldonado Gilberto $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2018 12/31/18 Sold $170,000 -5.0% $90 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $179,000 -- $95 / 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 $7,688 $156,800 $31,900 $124,900
2022 $7,279 $156,800 $31,900 $124,900
2021 $7,018 $156,800 $31,900 $124,900
2020 $6,546 $156,800 $31,900 $124,900
2019 $6,342 $153,400 $31,400 $122,000
2018 $6,541 $151,200 $31,100 $120,100
2017 $6,240 $150,000 $30,900 $119,100
2016 $6,873 $158,400 $32,500 $125,900
2015 $6,507 $158,400 $32,500 $125,900
2014 $8,024 $276,700 $124,300 $152,400
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Tselepis

    Seller's Agent in 2018

    Nicholas Tselepis

    NICHOLAS REAL ESTATE AGENCY

    (973) 340-1202

    21 in this area

    180 Total Sales

    Nicholas Tselepis
    Section Image

  • S

    Seller Co-Listing Agent in 2018

    SOPHIA CONSTANDINOU

    NICHOLAS REAL ESTATE AGENCY

  • T

    Buyer's Agent in 2018

    TERESA A. GILLIARD LANE

    KELLER WILLIAMS ELITE REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3473424

Garden State MLS

APN: 08-00412-0000-00014

New Jersey Passaic County Paterson 07522 Prospect Park

58 N 5th St, Paterson, NJ

This home is located at 58 N 5th St, Paterson, NJ 07522 since 23 May 2018 and is currently estimated at $461,519, approximately $244 per square foot. 58 N 5th St 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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