This home is located at 62 Redwood Ave, Paterson, NJ 07522 and is currently priced at $650,000, approximately $273 per square foot. 62 Redwood 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.
Last Agent to Sell the Property
LINTON GAINES
NICHOLAS REAL ESTATE AGENCYBrokerage Phone: 973-340-1202Listed on: 05/13/2024
Last Buyer's Agent
HUSSAIN PATHAN
REALTY ONE GROUP LEGEND
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$10,880
Lot Details
2,614 Sq Ft Lot
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$10,880
Lot Details
0
Listing Details
County Name: Passaic
Street Number Display: 62
I D: 5287447
Modified: 2025-01-13
Number Images: 1
Attribution Contact: 973-340-1202
MLS Status: Sold
Special Features: None
Property Sub Type: MultiFamily
Lot Info
Lot Size: 25X100
Total Acres: 0.06
Ownership History
DateNameOwned ForOwner Type
Jan 2025 - PresentHosain Iqbal and Hosain Mohammed Mokbul6 Months
Private Individual
Purchase Details
Listed on
May 13, 2024
Closed on
Jan 10, 2025
Sold by
35 Third St Property Llc
Bought by
Hosain Iqbal and Hosain Mohammed Mokbul
Seller's Agent
LINTON GAINES
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
HUSSAIN PATHAN
REALTY ONE GROUP LEGEND
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%
Views
56
Current Estimated Value
$651,953
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,953
Avg. Annual Appreciation
0.58%
Original Mortgage
$520,000
Outstanding Balance
$518,215
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$133,738
Jan 2021 - Jan 202535 Third St Property Llc4 Years
Company
Purchase Details
Closed on
Jan 28, 2021
Sold by
Summit Properties Group Ii Llc
Bought by
35 Third St Property Llc
Apr 2009 - Jan 2021Urban Redevelopment Llc11 Years and 9 Months
Company
Purchase Details
Closed on
Apr 6, 2009
Sold by
Giordano Marie and Ona Luis A
Bought by
Urban Redevelopment Llc
Jun 2007 - Apr 2009Giordano Marie and Ona Luis A1 Year and 10 Months
Private Individual
Purchase Details
Closed on
Jun 21, 2007
Sold by
Giordano Marie
Bought by
Giordano Marie and Ona Luis A
Sep 2006 - Jun 2007Giordano Marie9 Months
Private Individual
Purchase Details
Closed on
Sep 1, 2006
Sold by
Martinez Nancy
Bought by
Giordano Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.79%
Apr 2003 - Sep 2006Martinez Nancy3 Years and 5 Months
Private Individual
Purchase Details
Closed on
Apr 24, 2003
Sold by
Giordano Marie
Bought by
Martinez Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Welcome to 521 E 18th St, a high-visibility mixed-use property offering excellent business and investment potential. Currently operating as a fully equipped salon, the commercial space can be maintained as-is or repurposed for retail, office or creative use. With the proper approvals, the property may also be converted into multiple residential units. Zoned R-3 (high-density residential).
Investor Opportunity a€“ 2-Unit Property with Bonus Space! Don't miss this versatile and spacious 2-family home, perfect for investors or owner-occupants looking for rental income potential. Each unit features a well-balanced layout with 2 bedrooms, 2 full bathrooms, a living room, kitchen, and dining area. The second-floor unit offers expanded living space with access to a finished attic that
Diana DiodonetChristie's International Real Estate Group-Franklin Lakes
Calling all investors! This is an excellent opportunity to own a mixed used property and receive extra income. Situated in Paterson, this is a commercial building currently occupied by two businesses on the first floor (beauty salon as a front store and a restaurant as a side store). On the upper level there are two apartments with their own private entrance. Both apartments showcase the same
Good condition home renovated in 2021 and 2024 2-Family Gem in Paterson, NJ ? Just 25 Mins from NYC!Welcome to this beautiful 2-family home, move-in ready! Each unit offers 2 spacious bedrooms and 1 modern bathroom, featuring stylist finishes, updated kitchens, and vinyl flooring throughout.This property also includes a full finished basement for added living or storage space and a large walk-up
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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
$650,000
Golden Title
Deed
$340,000
Common Wealth Land Ttl Ins C
Deed
$340,000
Commonwealth Land Title
Bargain Sale Deed
$65,000
--
Deed
--
--
Deed
$325,000
--
Deed
$152,000
--
Source: Public Records
Mortgage History
Date
Status
Loan Amount
Loan Type
Open
$520,000
New Conventional
Previous Owner
$339,000
New Conventional
Previous Owner
$260,000
No Value Available
Previous Owner
$144,400
No Value Available
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
01/13/202501/13/25
Sold
$650,000
+0.2%
$274 / Sq Ft
10/17/202410/17/24
Pending
--
--
--
06/13/202406/13/24
Price Changed
$649,000
+3.8%
$273 / Sq Ft
05/13/202405/13/24
For Sale
$625,000
--
$263 / Sq Ft
Source: Garden State MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 62 Redwood Ave, Paterson, NJ 07522 and is currently priced at $650,000, approximately $273 per square foot. 62 Redwood 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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