61 E Railway Ave Paterson, NJ 07503
South Paterson NeighborhoodEstimated Value: $446,703 - $570,000
--
Bed
--
Bath
6,646
Sq Ft
$76/Sq Ft
Est. Value
About This Home
This home is located at 61 E Railway Ave, Paterson, NJ 07503 and is currently estimated at $508,352, approximately $76 per square foot. 61 E Railway Ave is a home 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
Jan 3, 2017
Sold by
Gaber Hani Y and 61 65 East Railway Avenue Trus
Bought by
Gaber Hani Y
Current Estimated Value
Purchase Details
Closed on
Nov 11, 2015
Sold by
Gaber Hani
Bought by
Gaber Salameh and 61 65 East Railway Ave Trust
Purchase Details
Closed on
Jan 7, 2011
Sold by
Barbieri Fortunato A and Barbieri Mary F
Bought by
Gaber Hani
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.88%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 30, 1997
Sold by
Abdy Emily and Abdy Kenneth C
Bought by
Barbieri Fortunato A and Barbieri Fortunato
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.09%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Gaber Hani Y | $249,300 | Westcor Land Title Ins Co | |
| Gaber Salameh | $250,000 | Liberty Abstract Inc | |
| Gaber Hani | $375,000 | -- | |
| Barbieri Fortunato A | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gaber Hani | $250,000 | |
| Previous Owner | Barbieri Fortunato A | $175,000 |
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 | $16,915 | $332,000 | $108,300 | $223,700 |
| 2024 | $16,278 | $332,000 | $108,300 | $223,700 |
| 2022 | $15,411 | $332,000 | $108,300 | $223,700 |
| 2021 | $14,860 | $332,000 | $108,300 | $223,700 |
| 2020 | $13,861 | $332,000 | $108,300 | $223,700 |
| 2019 | $12,811 | $309,900 | $108,300 | $201,600 |
| 2018 | $11,827 | $273,400 | $108,300 | $165,100 |
| 2017 | $10,741 | $258,200 | $108,300 | $149,900 |
| 2016 | $11,203 | $258,200 | $108,300 | $149,900 |
| 2015 | $10,607 | $258,200 | $108,300 | $149,900 |
| 2014 | $13,244 | $456,700 | $232,000 | $224,700 |
Source: Public Records
Map
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