NOT LISTED FOR SALE

70-74 N 5th St Paterson, NJ 07522

Northside Neighborhood

Estimated Value: $627,887 - $820,000

11 Beds
4 Baths
-- Sq Ft
5,998 Sq Ft Lot

Last Sold March 29, 2023

Last sale price $585,000

Est. 20% increase in value since last sale

Current estimated payment $4,794/month

70 Days on Market

About This Home

As of March 2023

Rare 4 unit home. Income producing, Clean investment property. Also featuring a 2 car driveway. All tenants are on Month 2 Month leases. Please text agent for showings. Open house scheduled for 1/18 5-7 pm. and 1/22 12-3 pm.

Last Agent to Sell the Property

Jennifer Pina

EXP Realty, LLC Listed on: 01/17/2023

EXP Realty, LLC

Last Buyer's Agent

Juaquanna Gaines

Essential Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,097

Lot Details

  • 5,998 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00018 / 00412

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,097

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: google maps
  • Architectural Style: 4 Family
  • Year Built Details: 1990's,Renovated,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 11
  • Basement Remarks: partial finished

Exterior Features

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

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5998.0

Tax Info

  • Tax Annual Amount: 12097.0
  • Tax Block: 00412
  • Tax Lot: 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Mar 27, 2023
Sold by
Fazio Real Estate Llc
Bought by
Ferreira Katherine
Seller's Agent
Jennifer Pina
EXP Realty, LLC
Buyer's Agent
Juaquanna Gaines
Essential Real Estate
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%
Views
23
Current Estimated Value
$700,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,222
Avg. Annual Appreciation
7.02%
Original Mortgage
$574,404
Outstanding Balance
$557,993
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$142,229

Purchase Details

Closed on
Dec 5, 2019
Sold by
Taylors Real Estate Llc
Bought by
Fazio Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2018
Sold by
Whairhouwe I Llc
Bought by
Taylors Real Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,564,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Whairhouse 1 Llc

Purchase Details

Closed on
Mar 14, 2016
Sold by
Berdnik Richard Sheriff
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Apr 24, 2007
Sold by
Srejic Goran
Bought by
Stojanovic Prvoslav and Stojanovic Dobrila

Purchase Details

Closed on
Jun 2, 2006
Sold by
Gulloso Juan G
Bought by
Srejic Goran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
6.7%

Purchase Details

Closed on
Jan 16, 2004
Sold by
Ramirez Dave
Bought by
Gulloso Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,056
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 1998
Sold by
Hicswa Carl and Hicswa Carl J
Bought by
Giunta Benjamin J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Ferreira Katherine $585,000 None Listed On Document
Ferreira Katherine $585,000 None Listed On Document
Fazio Real Estate Llc $430,000 Title Agency Of Nj Inc
Taylors Real Estates Llc -- Main Street Title
Whairhouse 1 Llc $130,924 None Available
Deutsche Bank National Trust Co $100 --
Stojanovic Prvoslav $459,000 --
Srejic Goran $459,000 --
Gulloso Juan $320,000 --
Giunta Benjamin J $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferreira Katherine $574,404
Closed Ferreira Katherine $574,404
Previous Owner Fazio Real Estate Llc $344,000
Previous Owner Taylors Real Estates Llc $2,564,000
Previous Owner Srejic Goran $367,200
Previous Owner Gulloso Juan $315,056
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $585,000 -2.3% --
03/28/2023 03/28/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $599,000 -- --
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
2025 $13,278 $260,600 $43,800 $216,800
2024 $12,777 $260,600 $43,800 $216,800
2022 $12,097 $260,600 $43,800 $216,800
2021 $11,664 $260,600 $43,800 $216,800
2020 $10,880 $260,600 $43,800 $216,800
2019 $10,546 $255,100 $43,300 $211,800
2018 $10,876 $251,400 $43,000 $208,400
2017 $10,383 $249,600 $42,800 $206,800
2016 $11,433 $263,500 $45,000 $218,500
2015 $10,825 $263,500 $45,000 $218,500
2014 $11,153 $384,600 $154,500 $230,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jennifer Pina

    EXP Realty, LLC

    Section Image
  • Juaquanna Gaines

    Buyer's Agent in 2023

    Juaquanna Gaines

    Essential Real Estate

    (973) 930-7341

    8 in this area

    83 Total Sales

    Juaquanna Gaines
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23001560

New Jersey MLS

APN: 08-00412-0000-00018

New Jersey Passaic County Paterson 07522 Northside

70-74 N 5th St, Paterson, NJ

Not Listed for Sale

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