NOT LISTED FOR SALE

71 Garfield Ave Paterson, NJ 07522

Downtown Paterson Neighborhood

Estimated Value: $463,000 - $612,000

-- Bed
-- Bath
2,824 Sq Ft
$189/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $399,000 $141 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,810/month

79 Days on Market

About This Home

As of March 2023

This home is located at 71 Garfield Ave, Paterson, NJ 07522 since 19 October 2022 and is currently estimated at $533,717, approximately $188 per square foot. This property was built in 1888. 71 Garfield Ave 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

COREY J SCHNEIDER

COREY J SCHNEIDER Brokerage Phone: 973-472-3909 Listed on: 10/19/2022

Last Buyer's Agent

COREY J SCHNEIDER

COREY J SCHNEIDER Brokerage Phone: 973-472-3909 Listed on: 10/19/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,772

Year Built

  • 1888

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,772

Year Built

1888

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 71
  • I D: 5186052
  • Modified: 2024-03-22
  • Number Images: 1
  • Attribution Contact: 973-472-3909
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1888

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
May 11, 2023
Sold by
Armstrong Realty Inc
Bought by
Armstrong Realty 71 Llc
Seller's Agent
COREY J SCHNEIDER
COREY J SCHNEIDER
Buyer's Agent
COREY J SCHNEIDER
COREY J SCHNEIDER
List Price
$435,000
Sold Price
$399,000
Premium/Discount to List
-$36,000
-8.28%
Total Days on Market
79
Views
14
Current Estimated Value
$533,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,717
Avg. Annual Appreciation
14.07%

Purchase Details

Listed on
Oct 19, 2022
Closed on
Mar 20, 2023
Sold by
106-108 North 8Th Street Associates Llc
Bought by
Armstrong Realty Inc
Seller's Agent
COREY J SCHNEIDER
COREY J SCHNEIDER
Buyer's Agent
COREY J SCHNEIDER
COREY J SCHNEIDER
List Price
$435,000
Sold Price
$399,000
Premium/Discount to List
-$36,000
-8.28%
Views
14

Purchase Details

Closed on
Aug 13, 2014
Sold by
Kumetz Divina
Bought by
106 108 N 8Th St Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,500
Interest Rate
4.14%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 8, 2010
Sold by
Kumetz Allen
Bought by
Kumetz Divina

Purchase Details

Closed on
May 28, 2008
Sold by
Ramirez Scott
Bought by
Kumetz Allen

Purchase Details

Closed on
Jan 20, 2006
Sold by
Kumetz Allen
Bought by
Ramirez Scott

Purchase Details

Closed on
Nov 30, 2005
Sold by
Adams Alonza D
Bought by
Kumetz Allen
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 Buyer Sale Price Title Company
Armstrong Realty 71 Llc -- None Listed On Document
Armstrong Realty Inc $399,000 None Listed On Document
106 108 N 8Th St Associates Llc -- None Available
Kumetz Divina -- --
Kumetz Allen -- --
Ramirez Scott $165,000 --
Kumetz Allen $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 106-108 North 8Th Street Associates Limi $486,500
Previous Owner Kumetz Divina $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $399,000 -5.0% $141 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
11/04/2022 11/04/22 Price Changed $419,900 -3.5% $149 / Sq Ft
10/19/2022 10/19/22 For Sale $435,000 -- $154 / 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
2024 $9,772 $199,300 $25,500 $173,800
2022 $9,252 $199,300 $25,500 $173,800
2021 $8,921 $199,300 $25,500 $173,800
2020 $8,321 $199,300 $25,500 $173,800
2019 $8,045 $194,600 $25,100 $169,500
2018 $8,284 $191,500 $24,900 $166,600
2017 $7,900 $189,900 $24,700 $165,200
2016 $9,164 $211,200 $26,000 $185,200
2015 $8,676 $211,200 $26,000 $185,200
2014 $10,269 $354,100 $154,300 $199,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    COREY J SCHNEIDER

    COREY J SCHNEIDER

See All Agents

Map

Source: Garden State MLS

MLS Number: 3813782

Garden State MLS

APN: 08-00203-0000-00029

New Jersey Passaic County Paterson 07522 Downtown Paterson

71 Garfield Ave, Paterson, NJ

This home is located at 71 Garfield Ave, Paterson, NJ 07522 since 19 October 2022 and is currently estimated at $533,717, approximately $188 per square foot. This property was built in 1888. 71 Garfield Ave 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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