$790,000
SOLD AUG 5, 2024
12 Beds
4 Baths
3,535 Sq Ft
3,598 Sq Ft Lot

Recently Sold

$223 Per Sq Ft

12% Below List Price

105 Days on Market

About This Home

As of August 2024

Welcome to this unique investment opportunity nestled in the heart of Paterson. This multi-family property boasts a distinctive lot spanning from Main Street to Chadwick Ave, featuring two structures to maximize its potential. The main attraction is a three-family building facing Main Street, offering three spacious units, each comprising three bedrooms and one bathroom. Additionally, this property includes a single-family home facing Chadwick Ave with three bedrooms and one bathroom. Don't miss your chance to own this gem and unlock its full potential!

Last Agent to Sell the Property

Valentina Klyachko

Coldwell Banker, Wyckoff/Franklin Lakes Listed on: 04/01/2024

Coldwell Banker, Wyckoff/Franklin Lakes

Co-Listed By

Matthew O'Hare

Coldwell Banker, Allendale/Saddle River Valley

Coldwell Banker, Allendale/Saddle River Valley

Last Buyer's Agent

Matthew O'Hare

Coldwell Banker, Allendale/Saddle River Valley

Coldwell Banker, Allendale/Saddle River Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,955

Lot Details

  • 3,598 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00005 / 05506

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,955

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Mls Id: 63626
  • Co List Office Phone: (201) 891-6700
  • MLS Status: Sold - Sold
  • Directions: Main St
  • Architectural Style: 4 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 12
  • Basement Remarks: Utilities

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 3598.0

Tax Info

  • Tax Annual Amount: 17955.0
  • Tax Block: 05506
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Jul 10, 2024
Sold by
630 Main Street Llc
Bought by
Swid One Llc
Seller's Agent
Valentina Klyachko
Coldwell Banker, Wyckoff/Franklin Lakes
Buyer's Agent
Matthew O'Hare
Coldwell Banker, Allendale/Saddle River Valley
List Price
$900,000
Sold Price
$790,000
Premium/Discount to List
-$110,000
-12.22%
Views
59
Current Estimated Value
$889,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,188
Avg. Annual Appreciation
12.56%
Original Mortgage
$440,000
Outstanding Balance
$436,645
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$452,543

Purchase Details

Closed on
Jan 20, 2020
Sold by
Nasr Hoda and Estate Of Essam Nasr
Bought by
630 Main Street Llc

Purchase Details

Closed on
Mar 20, 1987
Bought by
Nasr Essam
Source: Public Records

Similar Homes in Paterson, NJ

  • 467 E 18th St Unit 469, Paterson, NJ 07514

    $685,000

    • 2 Beds
    • 4 Baths
    • 467 E 18th St
    • Unit 469
    • Paterson, NJ

    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 Diodonet Christie's International Real Estate Group-Franklin Lakes

    Section Image
  • 121 E 16th St, Paterson, NJ 07524

    $628,999

    • 2 Beds
    • 2 Baths
    • 121 E 16th St
    • Paterson, NJ

    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

    LEONARDO ACOSTA MODERN REALTY GROUP

    Section Image

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $790,000 Sage Title
Deed -- None Available
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 New Conventional
Previous Owner $250,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $790,000 -12.2% $223 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $900,000 -- $255 / 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
2024 $18,965 $386,800 $26,800 $360,000
2022 $17,955 $386,800 $26,800 $360,000
2021 $17,313 $386,800 $26,800 $360,000
2020 $16,149 $386,800 $26,800 $360,000
2019 $15,631 $378,100 $26,500 $351,600
2018 $14,734 $340,600 $26,200 $314,400
2017 $13,341 $320,700 $26,100 $294,600
2016 $14,701 $338,800 $27,500 $311,300
2015 $13,918 $338,800 $27,500 $311,300
2014 $10,272 $354,200 $127,400 $226,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 24009441

New Jersey MLS

APN: 08-05506-0000-00005