NOT LISTED FOR SALE

71 Knickerbocker Ave Unit 73 Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $633,410 - $738,000

-- Bed
-- Bath
2,854 Sq Ft
$242/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $485,000 $170 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,837/month

75 Days on Market

About This Home

As of September 2021

This home is located at 71 Knickerbocker Ave Unit 73, Paterson, NJ 07503 since 17 May 2021 and is currently estimated at $690,103, approximately $241 per square foot. 71 Knickerbocker Ave Unit 73 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

Last Agent to Sell the Property

Patricia Elmahdy

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 05/17/2021

Last Buyer's Agent

Patricia Elmahdy

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 05/17/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,088

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,088

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 71
  • I D: 5072133
  • Modified: 2022-09-04
  • Number Images: 1
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Aug 30, 2021
Sold by
Tamarez Ramon F
Bought by
Ahmed Koyes and Begum Saleha
Seller's Agent
Patricia Elmahdy
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
Patricia Elmahdy
NICHOLAS REAL ESTATE AGENCY
List Price
$479,000
Sold Price
$485,000
Premium/Discount to List
$6,000
1.25%
Current Estimated Value
$690,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,103
Avg. Annual Appreciation
8.94%
Original Mortgage
$371,250
Outstanding Balance
$337,306
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$352,797

Purchase Details

Closed on
Oct 22, 2008
Sold by
Tamarez Felix
Bought by
Tamarez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,246
Interest Rate
6.08%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2006
Sold by
Olvera Juan R
Bought by
Tamarez Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.8%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Ahmed Koyes $507,500 Residential Com Ttl Agcy Llc
Tamarez $325,000 --
Tamarez Felix $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Koyes $371,250
Previous Owner Tamarez $323,246
Previous Owner Tamarez Felix $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $485,000 +1.3% $170 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $479,000 0.0% $168 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $479,000 -- $168 / 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 $14,088 $276,500 $57,800 $218,700
2024 $13,557 $276,500 $57,800 $218,700
2022 $12,835 $276,500 $57,800 $218,700
2021 $12,376 $276,500 $57,800 $218,700
2020 $11,544 $276,500 $57,800 $218,700
2019 $11,170 $270,200 $56,600 $213,600
2018 $10,594 $244,900 $56,100 $188,800
2017 $10,113 $243,100 $55,800 $187,300
2016 $11,138 $256,700 $58,800 $197,900
2015 $10,545 $256,700 $58,800 $197,900
2014 $9,701 $334,500 $125,500 $209,000
Source: Public Records

Agents Affiliated with this Home

  • Patricia Elmahdy

    Seller's Agent in 2021

    Patricia Elmahdy

    NICHOLAS REAL ESTATE AGENCY

    (201) 927-4203

    2 in this area

    21 Total Sales

    Patricia Elmahdy
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3712882

Garden State MLS

APN: 08-06905-0000-00011

New Jersey Passaic County Paterson 07503 South Paterson

71 Knickerbocker Ave Unit 73, Paterson, NJ

This home is located at 71 Knickerbocker Ave Unit 73, Paterson, NJ 07503 since 17 May 2021 and is currently estimated at $690,103, approximately $241 per square foot. 71 Knickerbocker Ave Unit 73 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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