NOT LISTED FOR SALE

8 Michigan Ave Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $513,000 - $636,576

-- Bed
-- Bath
3,138 Sq Ft
$184/Sq Ft Est. Value

About This Home

This home is located at 8 Michigan Ave, Paterson, NJ 07503 and is currently estimated at $578,394, approximately $184 per square foot. 8 Michigan Ave 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2002
Sold by
Green Marilyn
Bought by
Kucuk Nayay
Current Estimated Value
$578,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,800
Outstanding Balance
$97,043
Interest Rate
6.27%
Estimated Equity
$481,351
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Kucuk Nayay $244,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kucuk Nayay $231,800
Source: Public Records

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 $15,463 $303,500 $41,900 $261,600
2024 $14,881 $303,500 $41,900 $261,600
2022 $14,088 $303,500 $41,900 $261,600
2021 $13,585 $303,500 $41,900 $261,600
2020 $12,671 $303,500 $41,900 $261,600
2019 $12,257 $296,500 $40,900 $255,600
2018 $10,015 $231,500 $40,500 $191,000
2017 $9,556 $229,700 $40,300 $189,400
2016 $10,526 $242,600 $42,400 $200,200
2015 $9,966 $242,600 $42,400 $200,200
2014 $8,877 $306,100 $125,600 $180,500
Source: Public Records

Map

New Jersey Passaic County Paterson 07503 South Paterson

8 Michigan Ave, Paterson, NJ

Not Listed for Sale

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