NOT LISTED FOR SALE

70 Mercer St Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $416,000 - $517,000

4 Beds
2 Baths
1,740 Sq Ft
$263/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $315,000 $181 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,006/month

62 Days on Market

About This Home

As of November 2021

This home is located at 70 Mercer St, Paterson, NJ 07524 since 11 June 2021 and is currently estimated at $457,451, approximately $262 per square foot. 70 Mercer 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

Eve Caposela

HOWARD HANNA RAND REALTY Brokerage Phone: 973-694-6500 Listed on: 06/11/2021

HOWARD HANNA RAND REALTY

Last Buyer's Agent

Spero Kalyoussef

KELLER WILLIAMS TEAM REALTY

KELLER WILLIAMS TEAM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,216

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,216

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 70
  • I D: 5079868
  • Modified: 2022-11-23
  • Number Images: 1
  • Attribution Contact: 973-694-6500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X76
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2023
Sold by
Rosenberg Yisroel and Rosenberg Tzurty
Bought by
70 Mercer Street Nj Llc
Current Estimated Value
$457,451

Purchase Details

Listed on
Jun 11, 2021
Closed on
Sep 28, 2021
Sold by
70 Mercer Street Llc
Bought by
Rosenberg Yisroel and Rosenberg Tzurty
Seller's Agent
Eve Caposela
HOWARD HANNA RAND REALTY
Buyer's Agent
Spero Kalyoussef
KELLER WILLIAMS TEAM REALTY
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Original Mortgage
$236,250
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2020
Closed on
Apr 19, 2021
Sold by
Cablebridge 70 Mercer Street Llc
Bought by
70 Mercer Street Llc
Seller's Agent
SERGIO LIMONTA
UNITED REAL ESTATE
Buyer's Agent
SERGIO LIMONTA
UNITED REAL ESTATE
List Price
$269,900
Sold Price
$240,000
Premium/Discount to List
-$29,900
-11.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.14%
Original Mortgage
$217,500
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2013
Sold by
Smith Douglas
Bought by
Cablebridge 70 Mercer Street Llc

Purchase Details

Closed on
May 31, 2013
Sold by
Estrella Adalberto
Bought by
Smith Douglas

Purchase Details

Closed on
Dec 14, 2006
Sold by
Cuba Luis
Bought by
Estrella Adalberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,270
Interest Rate
6.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
70 Mercer Street Nj Llc -- Chicago Title
70 Mercer Street Nj Llc -- Chicago Title
Rosenberg Yisroel $315,000 All Jersey Title Llc
70 Mercer Street Llc $240,000 Prestige Title Agency Nos
Cablebridge 70 Mercer Street Llc -- None Available
Smith Douglas $40,000 None Available
Estrella Adalberto $226,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosenberg Yisroel $236,250
Previous Owner 70 Mercer Street Llc $217,500
Previous Owner Estrella Adalberto $215,270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $315,000 -4.5% $181 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
06/16/2021 06/16/21 Price Changed $329,900 -5.7% $190 / Sq Ft
06/11/2021 06/11/21 For Sale $350,000 +45.8% $201 / Sq Ft
04/28/2021 04/28/21 Sold $240,000 -9.4% $138 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
12/15/2020 12/15/20 Price Changed $264,900 -1.9% $152 / Sq Ft
11/13/2020 11/13/20 For Sale $269,900 -- $155 / 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 $6,216 $122,000 $17,200 $104,800
2024 $5,982 $122,000 $17,200 $104,800
2022 $5,663 $122,000 $17,200 $104,800
2021 $5,461 $122,000 $17,200 $104,800
2020 $5,094 $122,000 $17,200 $104,800
2019 $4,895 $118,400 $16,900 $101,500
2018 $5,022 $116,100 $16,800 $99,300
2017 $5,541 $133,200 $16,800 $116,400
2016 $6,400 $147,500 $16,000 $131,500
2015 $6,470 $157,500 $16,000 $141,500
2014 $8,106 $279,500 $151,000 $128,500
Source: Public Records

Agents Affiliated with this Home

  • Eve Caposela

    Seller's Agent in 2021

    Eve Caposela

    Rand Realty

    (973) 632-4063

    16 in this area

    111 Total Sales

    Eve Caposela
    Section Image

  • S

    Seller's Agent in 2021

    SERGIO LIMONTA

    UNITED REAL ESTATE

  • Spero Kalyoussef

    Buyer's Agent in 2021

    Spero Kalyoussef

    KELLER WILLIAMS TEAM REALTY

    (973) 907-4692

    3 in this area

    53 Total Sales

    Spero Kalyoussef
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3719727

Garden State MLS

APN: 08-03010-0000-00014

New Jersey Passaic County Paterson 07524 Riverside

70 Mercer St, Paterson, NJ

This home is located at 70 Mercer St, Paterson, NJ 07524 since 11 June 2021 and is currently estimated at $457,451, approximately $262 per square foot. 70 Mercer 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.

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