$660,000
SOLD JUL 2, 2025

66 E 16th St Paterson, NJ 07524

Riverside Neighborhood
-- Bed
-- Bath
1,490 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$443 Per Sq Ft

6% Below List Price

309 Days on Market

About This Home

As of July 2025

This home is located at 66 E 16th St, Paterson, NJ 07524 and is currently priced at $660,000, approximately $442 per square foot. 66 E 16th St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

Last Agent to Sell the Property

Patricia Elmahdy

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 07/28/2024

Last Buyer's Agent

ROSMIRA HINCAPIE

STAY HOME REALTY LLC

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 5303480
  • 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

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2024
Closed on
Jul 1, 2025
Sold by
Ahmed Helal and Ahmed Fahmida
Bought by
Mejia Christian
Seller's Agent
Patricia Elmahdy
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
ROSMIRA HINCAPIE
STAY HOME REALTY LLC
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Views
59
Current Estimated Value
$654,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,711
Avg. Annual Appreciation
-1.76%
Original Mortgage
$648,045
Outstanding Balance
$646,950
Interest Rate
6.86%
Mortgage Type
FHA
Estimated Equity
$7,339

Purchase Details

Closed on
Aug 30, 2004
Sold by
Retamozo William
Bought by
Helal Ahmed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
6.08%

Purchase Details

Closed on
Nov 16, 1995
Sold by
Citicorp Mtg
Bought by
Padilla Leonard and Padilla Marta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 $660,000 Title Agency Of New Jersey
Bargain Sale Deed $660,000 Title Agency Of New Jersey
Deed $294,000 --
Deed $88,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $648,045 FHA
Closed $648,045 FHA
Previous Owner $235,200 No Value Available
Previous Owner $70,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2025 07/02/25 Sold $660,000 +1.5% $443 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
03/20/2025 03/20/25 Price Changed $650,000 -3.0% $436 / Sq Ft
09/13/2024 09/13/24 Price Changed $670,000 +3.2% $450 / Sq Ft
09/09/2024 09/09/24 Price Changed $649,000 -7.2% $436 / Sq Ft
07/28/2024 07/28/24 For Sale $699,000 -- $469 / Sq Ft
Source: Garden State 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 $10,837 $212,700 $47,100 $165,600
2024 $10,429 $212,700 $47,100 $165,600
2022 $9,874 $212,700 $47,100 $165,600
2021 $9,520 $212,700 $47,100 $165,600
2020 $8,880 $212,700 $47,100 $165,600
2019 $8,590 $207,800 $46,100 $161,700
2018 $8,124 $187,800 $45,700 $142,100
2017 $7,750 $186,300 $45,400 $140,900
2016 $8,526 $196,500 $47,500 $149,000
2015 $8,072 $196,500 $47,500 $149,000
2014 $8,120 $280,000 $128,200 $151,800
Source: Public Records

Agents Affiliated with this Home

  • Patricia Elmahdy

    Seller's Agent in 2025

    Patricia Elmahdy

    NICHOLAS REAL ESTATE AGENCY

    (201) 927-4203

    3 in this area

    21 Total Sales

    Patricia Elmahdy
    Section Image

  • R

    Buyer's Agent in 2025

    ROSMIRA HINCAPIE

    STAY HOME REALTY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3915813

Garden State MLS

APN: 08-02105-0000-00023

New Jersey Passaic County Paterson 07524 Riverside

66 E 16th St, Paterson, NJ

Sold

MultiFamily

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