$590,000
SOLD APR 16, 2025
8 Beds
3 Baths
2,464 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$239 Per Sq Ft

9% Above List Price

93 Days on Market

About This Home

As of April 2025

Looking for a valuable addition to your real estate portfolio? This 2-family home features Unit 1 with 3 beds and 1 bath, while Unit 2 is a duplex. Fantastic opportunity for first time home buyer. Located in a desirable neighborhood of Paterson, this property has great cash flow potential for generating rental income. Close proximity to major highways and public transportation. First showing will be during open house 12/15/24

Last Agent to Sell the Property

Felix Mendez

Christie's International Real Estate Group-HoHoKus-Ridgewood East Listed on: 12/09/2024

Christie's International Real Estate Group-HoHoKus-Ridgewood East

Last Buyer's Agent

Santos Garcia

United Real Estate

United Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,835

Lot Details

  • 2,500 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00025 / 03413

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,835

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-447-6100
  • MLS Status: Sold - Sold
  • Directions: Between Broadway and 12th Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 8

Exterior Features

  • Disclosures: Seller's Agent

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 7835.0
  • Tax Block: 03413
  • Tax Lot: 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2024
Closed on
Apr 9, 2025
Sold by
Suarez Juan
Bought by
Gonell Francisco A Garcia and Garcia Francisco J
Seller's Agent
Felix Mendez
Christie's International Real Estate Group-HoHoKus-Ridgewood East
Buyer's Agent
Santos Garcia
United Real Estate
List Price
$539,000
Sold Price
$590,000
Premium/Discount to List
$51,000
9.46%
Views
86
Current Estimated Value
$638,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,378
Avg. Annual Appreciation
20.64%
Original Mortgage
$579,313
Outstanding Balance
$576,732
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$61,646

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 29, 2023
Sold by
Leon 609 Llc
Bought by
Suarez Juan
Seller's Agent
Shana Sanchez
PROMINENT PROPERTIES SIR
Buyer's Agent
Felix Mendez
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$450,000
Sold Price
$480,000
Premium/Discount to List
$30,000
6.67%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.93%
Original Mortgage
$465,500
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2013
Closed on
Oct 31, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Leon 609 Llc
Seller's Agent
Don Fanelli
COLDWELL BANKER REALTY
Buyer's Agent
CRAIG JOWETT
COLDWELL BANKER REALTY
Sold Price
$92,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.39%

Purchase Details

Closed on
Sep 10, 2012
Sold by
Amaro Delia and Amaro Delia
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 27, 2005
Sold by
Garcia Jorge A
Bought by
Amaro Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.14%

Purchase Details

Closed on
Sep 20, 2001
Sold by
Goode Ardyth
Bought by
Garcia Jorge and Garcia Danalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,727
Interest Rate
6.72%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2001
Sold by
Seale Dennis
Bought by
Goode Ardyth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.9%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Bargain Sale Deed $590,000 Elite Title Group
Bargain Sale Deed $590,000 Elite Title Group
Deed $490,000 Main Street Title
Deed $490,000 Main Street Title
Deed $92,500 None Available
Deed -- None Available
Deed $345,000 --
Deed $153,000 --
Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $579,313 FHA
Closed $579,313 FHA
Previous Owner $465,500 New Conventional
Previous Owner $312,000 Adjustable Rate Mortgage/ARM
Previous Owner $49,000 Stand Alone Second
Previous Owner $276,000 No Value Available
Previous Owner $150,727 FHA
Previous Owner $49,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $590,000 +9.5% $239 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
12/09/2024 12/09/24 For Sale $539,000 +12.3% $219 / Sq Ft
02/08/2024 02/08/24 Sold $480,000 +6.7% $195 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/04/2023 11/04/23 For Sale $450,000 0.0% $183 / Sq Ft
11/02/2023 11/02/23 Price Changed $450,000 +386.5% $183 / Sq Ft
11/04/2013 11/04/13 Sold $92,500 -- $38 / Sq Ft
Source: New Jersey 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 $8,142 $159,800 $41,900 $117,900
2024 $7,835 $159,800 $41,900 $117,900
2022 $7,418 $159,800 $41,900 $117,900
2021 $7,153 $159,800 $41,900 $117,900
2020 $6,672 $159,800 $41,900 $117,900
2019 $6,461 $156,300 $41,100 $115,200
2018 $6,666 $154,100 $40,700 $113,400
2017 $6,361 $152,900 $40,400 $112,500
2016 $7,003 $161,400 $42,500 $118,900
2015 $6,630 $161,400 $42,500 $118,900
2014 $10,402 $358,700 $154,300 $204,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24038586

New Jersey MLS

APN: 08-03413-0000-00025