NOT LISTED FOR SALE

7 Colonial Ave Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $512,000 - $620,000

4 Beds
2.5 Baths
2,200 Sq Ft
$262/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $420,000 $191 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,748/month

46 Days on Market

Highlights

  • Home Theater
  • Wood Flooring
  • Home Office
  • Colonial Architecture
  • Corner Lot
  • Formal Dining Room

About This Home

As of April 2021

Completely renovated from head to toe, this 4 bedroom, 2.5 bathroom house has so much to offer! Step inside the main level of the home, which features a gorgeous eat in kitchen with center island and brand new stainless steel appliances, full bathroom, dining room, living room, 1 bedroom, and another bonus room that can be used as potential 5th bedroom/ office/ or storage! Pristine new hardwood floors throughout. Second level of the home offers 3 spacious bedrooms as well as a fully updated bathroom. Finished basement offers lots of additional living space and a half bathroom. This home also has central AC and brand new roof and siding.

Last Agent to Sell the Property

MATTHEW GEVIRTZ

EXP REALTY, LLC Listed on: 12/11/2020

Last Buyer's Agent

Johan German Monegro

CENTURY 21 A.G. REALTY GROUP

CENTURY 21 A.G. REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,990

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,200 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Wood Flooring
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2508-01001-0000-00016-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,990

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Renovated
  • County Name: Passaic
  • Directions: Chamberlain Ave to Colonial Ave
  • I D: 5036850
  • First Name: MATTHEW
  • First Name3: JOHAN
  • Last Name: GEVIRTZ
  • Last Name3: GERMAN MONEGRO
  • Office Phone: 9736946500
  • Office Phone3: 973-928-3330
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Bath(s) Other, Media Room
  • Dining Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: Second
  • Other Room 3: Bathroom
  • Other Room3 Level: Basement
  • Other Room 4: Office
  • Other Room4 Level: First
  • Level 1 Rooms: 1 Bedroom, Bath Main, Dining Room, Kitchen, Living Room, Office
  • Level 2 Rooms: 3 Bedrooms, Bath(s) Other
  • Estimated Sq Ft: 2200
  • Phone: 973-694-6500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 52X95
  • Easement: Unknown
  • Lot Description: Corner
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.13

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6990
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-01001-0000-00016-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.134
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Apr 1, 2021
Sold by
Royal Estates Investments and Royal Estates Investments Llc
Bought by
Pallero Maxiel and Gonzalez Esperanza
Seller's Agent
MATTHEW GEVIRTZ
EXP REALTY, LLC
Buyer's Agent
Johan German Monegro
CENTURY 21 A.G. REALTY GROUP
List Price
$399,000
Sold Price
$420,000
Premium/Discount to List
$21,000
5.26%
Current Estimated Value
$575,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,935
Avg. Annual Appreciation
7.17%
Original Mortgage
$405,982
Outstanding Balance
$365,156
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$210,779

Purchase Details

Closed on
Jul 10, 2019
Sold by
Spence Valerie C and Jpmorgan Chase Bank National A
Bought by
Royal Estates Investments

Purchase Details

Listed on
Mar 17, 2015
Closed on
Mar 4, 2015
Sold by
Saint Bess Llc
Bought by
Spence Valerie C
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
Original Mortgage
$120,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2012
Sold by
Carib International Llc
Bought by
Saint Bess Llc

Purchase Details

Closed on
Mar 23, 2009
Sold by
Wilson Keith
Bought by
Carib International Llc

Purchase Details

Closed on
Feb 9, 2009
Sold by
Hsbc Bank Usa Na
Bought by
Wilson Kieth

Purchase Details

Closed on
Oct 14, 2008
Sold by
Jerry Speziale Passaic Cnty Sheriff and Duque Rodolfo D
Bought by
Hsbc Bank Usa Na Trustee

Purchase Details

Closed on
Nov 18, 2004
Sold by
Alzate Nelly
Bought by
Duque Raodolfo D
Source: Public Records

Range of Values:

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Average Value
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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
Pallero Maxiel $420,000 Wfg National Title
Royal Estates Investments $144,375 None Available
Spence Valerie C $150,000 Weichert Title Agency
Saint Bess Llc -- Fidelity National Title Ins
Carib International Llc -- --
Wilson Kieth $87,000 --
Hsbc Bank Usa Na Trustee $255,576 --
Duque Raodolfo D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pallero Maxiel $405,982
Previous Owner Spence Valerie C $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2021 04/05/21 Sold $420,000 +5.3% $191 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $399,000 +166.0% $181 / Sq Ft
03/17/2015 03/17/15 Sold $150,000 -- $110 / Sq Ft View Prior Sale
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 $8,799 $172,700 $71,500 $101,200
2024 $8,467 $172,700 $71,500 $101,200
2022 $8,017 $172,700 $71,500 $101,200
2021 $7,730 $172,700 $71,500 $101,200
2020 $7,210 $172,700 $71,500 $101,200
2019 $6,991 $169,100 $70,200 $98,900
2018 $7,216 $166,800 $69,500 $97,300
2017 $6,885 $165,500 $69,000 $96,500
2016 $7,181 $165,500 $76,500 $89,000
2015 $6,799 $165,500 $76,500 $89,000
2014 $6,302 $217,300 $123,300 $94,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MATTHEW GEVIRTZ

    EXP REALTY, LLC

  • Johan German Monegro

    Buyer's Agent in 2021

    Johan German Monegro

    CENTURY 21 A.G. REALTY GROUP

    (862) 290-0105

    2 in this area

    42 Total Sales

    Johan German Monegro
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Map

Source: Garden State MLS

MLS Number: 3682765

Garden State MLS

APN: 08-01001-0000-00016

New Jersey Passaic County Paterson 07502 Totowa Section

7 Colonial Ave, Paterson, NJ

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