NOT LISTED FOR SALE

6 Colonial Ave Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $358,000 - $503,861

2 Beds
1.5 Baths
763 Sq Ft
$582/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $250,000 $328 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,348/month

15 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Recreation Room
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of November 2018

YOUR SEARCH ENDS HERE!! WELCOME TO 6 COLONIAL AVE, PATERSON. THIS COLONIAL HOME IS OFFERING LIVING ROOM, DINING ROOM, EAT IN KITCHEN, 2 BEDROOMS, LOFT/STORAGE ROOM ON 2ND FLOOR AND 1.5 BATHS. FINISHED BASEMENT FOR EXTRA SPACE AND NICE BACKYARD FOR ENTERTAINING. CLOSE TO TRANSPORTATION, SHOPPING AND SCHOOLS.

Last Agent to Sell the Property

WILFREDO ALFARO

COLDWELL BANKER REALTY Listed on: 10/17/2018

Last Buyer's Agent

Florencio Lopez

UNICASA UNION REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,690

Year Built

  • Built in 1905

Lot Details

  • 4,792

Parking

  • 1 Car Detached Garage
  • Additional Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Additional Features

  • Recreation Room
  • 4,792 Sq Ft Lot
  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 2508-01004-0000-00023-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,690

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1905
  • County Name: Passaic
  • Exclusions: Personal Property
  • Street Number Display: 6
  • Directions: Preakness Ave to Chamberlain Ave to Colonial Ave
  • I D: 4846128
  • Modified: 2021-09-23
  • Number Images: 23
  • First Name: WILFREDO
  • First Name3: FLORENCIO R.
  • Last Name: ALFARO
  • Last Name3: LOPEZ
  • Office Phone: 973-594-4305
  • Attribution Contact: 973-778-4500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven-Gas, Refrigerator, CookGas
  • Number Rooms: 8
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Loft
  • Other Room1 Level: Second
  • Phone: 973-778-4500

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 45X104
  • Assessed Improvement Value: 73400
  • Assessed Land Value: 65600
  • Assessment: 139000
  • Lot Identifier: 23
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5690
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-01004-0000-00023-0000-
  • Tax Rate Amount: 4.160
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Nov 30, 2018
Sold by
Ayla Real Estate Llc
Bought by
Mejia Miguel
Seller's Agent
WILFREDO ALFARO
COLDWELL BANKER REALTY
Buyer's Agent
Florencio Lopez
UNICASA UNION REALTY INC
List Price
$225,000
Sold Price
$250,000
Premium/Discount to List
$25,000
11.11%
Current Estimated Value
$444,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,215
Avg. Annual Appreciation
8.89%
Original Mortgage
$235,600
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2018
Sold by
Adelumola Kayode S and Adelumola Kayode
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 16, 1999
Sold by
Ortiz Yolanda
Bought by
Adelumola Kayode S and Sumpter Adelumola Joyce B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,084
Interest Rate
7.49%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Mejia Miguel $248,000 New Era Title & Settlement L
Wells Fargo Bank Na $129,000 First American Title Ins Co
Adelumola Kayode S $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Miguel A $246,000
Closed Mejia Miguel $235,600
Previous Owner Adelumola Kayode S $208,000
Previous Owner Adelumola Kayode S $10,299
Previous Owner Adelumola Kayode S $111,084
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $250,000 +11.1% $328 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $225,000 -- $295 / 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 $11,199 $219,800 $67,600 $152,200
2024 $10,777 $219,800 $67,600 $152,200
2022 $10,203 $219,800 $67,600 $152,200
2021 $9,838 $219,800 $67,600 $152,200
2020 $9,177 $219,800 $67,600 $152,200
2019 $8,731 $211,200 $66,300 $144,900
2018 $6,013 $139,000 $65,600 $73,400
2017 $5,691 $136,800 $65,100 $71,700
2016 $6,053 $139,500 $72,300 $67,200
2015 $5,731 $139,500 $72,300 $67,200
2014 $7,679 $264,800 $180,800 $84,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2018

    WILFREDO ALFARO

    COLDWELL BANKER REALTY

  • F

    Buyer's Agent in 2018

    Florencio Lopez

    UNICASA UNION REALTY INC

    (201) 396-2359

    3 in this area

    64 Total Sales

    Florencio Lopez
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3509689

Garden State MLS

APN: 08-01004-0000-00023

New Jersey Passaic County Paterson 07502 Totowa Section

6 Colonial Ave, Paterson, NJ

This home is located at 6 Colonial Ave, Paterson, NJ 07502 since 17 October 2018 and is currently estimated at $444,215, approximately $582 per square foot. This property was built in 1905. 6 Colonial Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

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