NOT LISTED FOR SALE

616 E 24th St Unit 618 Paterson, NJ 07514

Eastside Neighborhood

Estimated Value: $607,529 - $728,000

-- Bed
-- Bath
3,055 Sq Ft
$225/Sq Ft Est. Value

About This Home

This home is located at 616 E 24th St Unit 618, Paterson, NJ 07514 and is currently estimated at $688,132, approximately $225 per square foot. 616 E 24th St Unit 618 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Sheriff Of Passaic County
Bought by
130 16Th Ave Llc
Current Estimated Value
$688,132

Purchase Details

Closed on
Jun 21, 2022
Sold by
616-618 East 24 Mb Llc
Bought by
24F Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
May 11, 2022
Sold by
24F Holdings Llc
Bought by
Fortune V & W Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 7, 2016
Sold by
118 Cliff Llc
Bought by
616-616 East 24 Mb Llc

Purchase Details

Closed on
Feb 26, 2015
Sold by
Bank Of America Na
Bought by
118 Cliff Llc

Purchase Details

Closed on
Nov 28, 2014
Sold by
Secretary Of Hud
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 16, 2010
Sold by
Rodriguez Fausto A and Rodriguez Amarilis
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Jul 2, 2007
Sold by
Jimenez Mercedes
Bought by
Rodriguez Fausto A and Rodriguez Amarilis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,325
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2006
Sold by
Polanco Angel
Bought by
Jimenez Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
6.83%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 31, 2005
Sold by
Calfayan Sheila I
Bought by
Polanco Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,446
Interest Rate
5.73%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
130 16Th Ave Llc $477,313 None Listed On Document
24F Holdings Llc $346,000 None Listed On Document
Fortune V & W Llc $530,000 Land Track Title
616-616 East 24 Mb Llc $350,000 None Available
118 Cliff Llc $56,500 Gold Crest Abstract Llc
Bank Of America Na -- None Available
The Secretary Of Hud -- None Available
Rodriguez Fausto A $432,000 --
Jimenez Mercedes $370,000 --
Polanco Angel $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fortune V & W Llc $465,000
Previous Owner Fortune V & W Llc $424,000
Previous Owner Rodriguez Fausto A $425,325
Previous Owner Jimenez Mercedes $92,500
Previous Owner Jimenez Mercedes $259,000
Previous Owner Polanco Angel $226,446
Previous Owner Brown James $50,000
Previous Owner Brown James $20,200
Source: Public Records

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 $13,214 $269,500 $41,900 $227,600
2022 $12,510 $269,500 $41,900 $227,600
2021 $12,063 $269,500 $41,900 $227,600
2020 $11,252 $269,500 $41,900 $227,600
2019 $10,889 $263,400 $41,100 $222,300
2018 $10,209 $236,000 $40,700 $195,300
2017 $6,639 $159,600 $40,400 $119,200
2016 $6,487 $149,500 $42,500 $107,000
2015 $6,141 $149,500 $42,500 $107,000
2014 $11,429 $394,100 $154,300 $239,800
Source: Public Records

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