$675,000
SOLD APR 14, 2025
11 Beds
3 Baths
3,186 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$212 Per Sq Ft

13% Above List Price

48 Days on Market

About This Home

As of April 2025

Cash Flow Machine in the Heart of Paterson!This exceptional legal three-family home is a rare find, boasting 17 rooms, 11 bedrooms, and 3 full baths an income-generating powerhouse for savvy investors or owner-occupants seeking to live rent-free! Key features include a new roof installed in 2021, updated utilities, and a renovated third-floor unit that's move-in ready.The second-floor unit is vacant, offering the perfect canvas for light updates to maximize rental income. The first-floor tenant enjoys a month-to-month lease, giving you flexibility to adapt as needed. Plus, the unfinished full basement provides endless opportunities to add even more value whether as storage, a workshop, or potential future living space.Sold strictly As Is-Where Is, inspections are for buyer's informational purposes only. Don't miss this cash cow schedule your showing today and take the first step toward financial freedom!

Last Agent to Sell the Property

Sol Castanos

Realty One Group Legend, Clifton Listed on: 12/27/2024

Realty One Group Legend, Clifton

Last Buyer's Agent

Sol Castanos

Realty One Group Legend, Clifton Listed on: 12/27/2024

Realty One Group Legend, Clifton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,647

Lot Details

  • 2,500 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 8 / 3008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,647

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-772-0660
  • MLS Status: Sold - Sold
  • Directions: Lafayette to Graham aka Rosa Parks Blvd
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 11

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 11647.0
  • Tax Block: 3008
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2024
Closed on
Mar 31, 2025
Sold by
Almanzar Leomar and Almanzar Laura
Bought by
Graham Parterson Llc
Seller's Agent
Sol Castanos
Realty One Group Legend, Clifton
Buyer's Agent
Sol Castanos
Realty One Group Legend, Clifton
List Price
$599,900
Sold Price
$675,000
Premium/Discount to List
$75,100
12.52%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.83%
Original Mortgage
$540,000
Outstanding Balance
$539,047
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$92,624

Purchase Details

Listed on
Jun 30, 2020
Closed on
Nov 23, 2020
Sold by
Jones Dashon
Bought by
Almanzar Leomar and Almanzar Laura
Seller's Agent
DASHON JONES
EXP REALTY, LLC
Buyer's Agent
Sol Castanos
REALTY ONE GROUP LEGEND
List Price
$389,000
Sold Price
$325,000
Premium/Discount to List
-$64,000
-16.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.12%
Original Mortgage
$243,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2014
Closed on
Aug 11, 2014
Sold by
Glemaud Marie
Bought by
Jones Dashon
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.41%
Original Mortgage
$93,750
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2013
Sold by
Glemaud Francois E
Bought by
Glemaud Marie R

Purchase Details

Closed on
Mar 11, 2011
Sold by
Citimortgge Inc
Bought by
Glemaud Francois E

Purchase Details

Closed on
Sep 8, 2009
Sold by
Passaic County Sheriff
Bought by
Citimortgage Inc

Purchase Details

Closed on
Nov 16, 2007
Sold by
Hilario Juan
Bought by
Gonzales Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,100
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2006
Sold by
Oricchio Alexander
Bought by
Hilario Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,100
Interest Rate
6.4%

Purchase Details

Closed on
Mar 28, 2005
Sold by
69 Rosa Parks Blvd Llc
Bought by
Oricchio Alexander and Papafagos Demetrios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
5.61%

Purchase Details

Closed on
Dec 8, 2004
Sold by
Kuzbyt William
Bought by
69 Rosa Parks Blvd Llc

Purchase Details

Closed on
Sep 11, 2002
Sold by
Conti Annette
Bought by
Kuzbyt William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.25%
Source: Public Records

Range of Values:

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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
Deed $675,000 First American Title
Bargain Sale Deed $325,000 Fidelity National Title
Bargain Sale Deed $125,000 None Available
Interfamily Deed Transfer -- Stewart Title Guaranty Co
Bargain Sale Deed $40,000 --
Sheriffs Deed $465,620 --
Bargain Sale Deed $479,000 --
Deed $389,000 --
Deed $306,000 --
Deed -- --
Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $540,000 New Conventional
Previous Owner $294,000 New Conventional
Previous Owner $243,750 New Conventional
Previous Owner $119,000 New Conventional
Previous Owner $93,750 Adjustable Rate Mortgage/ARM
Previous Owner $431,100 New Conventional
Previous Owner $350,100 No Value Available
Previous Owner $244,800 No Value Available
Previous Owner $116,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Off Market $675,000 -- --
04/14/2025 04/14/25 Sold $675,000 +12.5% $212 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/12/2025 02/12/25 Off Market $599,900 -- --
02/06/2025 02/06/25 Pending -- -- --
12/27/2024 12/27/24 For Sale $599,900 +84.6% $188 / Sq Ft
11/24/2020 11/24/20 Sold $325,000 -16.5% $102 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $389,000 +211.2% $122 / Sq Ft
08/12/2014 08/12/14 Sold $125,000 -- $39 / 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 $11,208 $228,600 $24,000 $204,600
2022 $10,612 $228,600 $24,000 $204,600
2021 $10,232 $228,600 $24,000 $204,600
2020 $9,544 $228,600 $24,000 $204,600
2019 $9,239 $223,500 $23,700 $199,800
2018 $8,687 $200,800 $23,600 $177,200
2017 $8,291 $199,300 $23,500 $175,800
2016 $9,038 $208,300 $22,500 $185,800
2015 $8,557 $208,300 $22,500 $185,800
2014 $11,934 $411,500 $146,500 $265,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24050812

New Jersey MLS

APN: 08-03008-0000-00008