NOT LISTED FOR SALE

585 E 25th St Unit 587 Paterson, NJ 07514

Eastside Neighborhood

Estimated Value: $648,409 - $798,000

-- Bed
-- Bath
2,339 Sq Ft
$311/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $620,000 $265 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,872/month

24 Days on Market

About This Home

As of April 2024

This home is located at 585 E 25th St Unit 587, Paterson, NJ 07514 since 17 January 2024 and is currently estimated at $727,602, approximately $311 per square foot. 585 E 25th St Unit 587 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.

Last Agent to Sell the Property

Eve Caposela

HOWARD HANNA RAND REALTY Brokerage Phone: 973-694-6500 Listed on: 01/17/2024

HOWARD HANNA RAND REALTY

Last Buyer's Agent

Gabriel Garces

AMERICASA REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,983

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,983

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 585
  • I D: 5264731
  • Modified: 2025-04-23
  • Number Images: 1
  • Attribution Contact: 973-694-6500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Apr 22, 2024
Sold by
Burns Rashad S
Bought by
Quiros Alejandro D and Quiros Janneth Katherine
Seller's Agent
Eve Caposela
HOWARD HANNA RAND REALTY
Buyer's Agent
Gabriel Garces
AMERICASA REALTY LLC
List Price
$585,000
Sold Price
$620,000
Premium/Discount to List
$35,000
5.98%
Views
74
Current Estimated Value
$727,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,602
Avg. Annual Appreciation
11.67%
Original Mortgage
$598,798
Outstanding Balance
$589,611
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
$137,991

Purchase Details

Closed on
Jun 3, 2020
Sold by
Burns Sally V
Bought by
Burns Rashad S

Purchase Details

Closed on
Apr 21, 1994
Sold by
Payne Lily
Bought by
Downer George and Downer Maxine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
8.44%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Quiros Alejandro D $620,000 Weiss Title Group
Burns Rashad S -- None Available
Downer George $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quiros Alejandro D $598,798
Previous Owner Downer George $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2024 04/22/24 Sold $620,000 +6.0% $265 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $585,000 0.0% $250 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
01/20/2024 01/20/24 For Sale $585,000 -- $250 / 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
2025 $11,983 $235,200 $53,800 $181,400
2024 $11,532 $235,200 $53,800 $181,400
2022 $10,918 $235,200 $53,800 $181,400
2021 $10,528 $235,200 $53,800 $181,400
2020 $9,820 $235,200 $53,800 $181,400
2019 $9,516 $230,200 $53,000 $177,200
2018 $9,820 $227,000 $52,600 $174,400
2017 $9,372 $225,300 $52,300 $173,000
2016 $10,318 $237,800 $55,000 $182,800
2015 $9,769 $237,800 $55,000 $182,800
2014 $10,663 $367,700 $168,800 $198,900
Source: Public Records

Agents Affiliated with this Home

  • Eve Caposela

    Seller's Agent in 2024

    Eve Caposela

    Rand Realty

    (973) 632-4063

    5 in this area

    110 Total Sales

    Eve Caposela
    Section Image
  • Gabriel Garces

    Buyer's Agent in 2024

    Gabriel Garces

    AMERICASA REALTY LLC

    (973) 653-7461

    10 in this area

    50 Total Sales

    Gabriel Garces
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3881916

Garden State MLS

APN: 08-03412-0000-00025

New Jersey Passaic County Paterson 07514 Eastside

585 E 25th St Unit 587, Paterson, NJ

This home is located at 585 E 25th St Unit 587, Paterson, NJ 07514 since 17 January 2024 and is currently estimated at $727,602, approximately $311 per square foot. 585 E 25th St Unit 587 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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