$500,000
SOLD NOV 8, 2024
6 Beds
2 Baths
1,936 Sq Ft
4,587 Sq Ft Lot

Recently Sold

$258 Per Sq Ft

25 Days on Market

About This Home

As of November 2024

Welcome to this beautifully upgraded multi-family home, perfect for investors or owner-occupants. This fully vacant property offers two spacious units, each featuring 3 bedrooms and 1 bathroom. Recent renovations with parking space included, convenience is at your doorstep. Don't miss this opportunity to own a ready-to-move-in property in a prime Paterson location. Act fast this gem won't last long!

Last Agent to Sell the Property

Meilyn Torres

Listed on: 08/30/2024

Last Buyer's Agent

Meilyn Torres

Listed on: 08/30/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,993

Lot Details

  • 4,587 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 00009 / 00305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,993

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: 8-10 N 3rd St, Paterson NJ 07522
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 4587.0

Tax Info

  • Tax Annual Amount: 7993.0
  • Tax Block: 00305
  • Tax Lot: 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Oct 21, 2024
Sold by
Cmf Bergen Group 42 Cv22 Llc
Bought by
Saracco Jacqueline and Espinosa Jonathan M
Seller's Agent
Meilyn Torres
Buyer's Agent
Meilyn Torres
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Views
58
Current Estimated Value
$496,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,632
Avg. Annual Appreciation
10.12%
Original Mortgage
$350,000
Outstanding Balance
$348,344
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$186,558

Purchase Details

Closed on
Aug 21, 2017
Sold by
Jcm Investors 1012 Llc
Bought by
Jcm Properties Xiii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,985,500
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2017
Sold by
Romo S Pat Llc
Bought by
Jcm Investors 1012 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.05%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 20, 2012
Sold by
Alliance Real Estate Investments Llc
Bought by
Romos Pat Llc

Purchase Details

Closed on
Oct 20, 2011
Sold by
Federal National Mortgage Association
Bought by
Alliance Real Estate Investments

Purchase Details

Closed on
Sep 20, 2010
Sold by
Passaic County Sheriff
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 29, 2007
Sold by
Hagans James
Bought by
Lowe Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2006
Sold by
Shevack Philip
Bought by
Hagans James
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $500,000 Nu World Title
Deed $500,000 Nu World Title
Special Warranty Deed -- None Available
Deed $125,000 Rms Title Services Llc
Deed $47,000 --
Special Warranty Deed $21,396 --
Sheriffs Deed $354,145 --
Deed $310,000 --
Deed $209,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Closed $350,000 New Conventional
Previous Owner $4,250,000 New Conventional
Previous Owner $780,000 Commercial
Previous Owner $3,398,000 Commercial
Previous Owner $2,985,500 Commercial
Previous Owner $112,500 Future Advance Clause Open End Mortgage
Previous Owner $310,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $500,000 +0.2% $258 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $499,000 -- $258 / Sq Ft
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
2024 $8,443 $172,200 $41,000 $131,200
2022 $7,994 $172,200 $41,000 $131,200
2021 $7,708 $172,200 $41,000 $131,200
2020 $7,189 $172,200 $41,000 $131,200
2019 $6,970 $168,600 $40,500 $128,100
2018 $7,194 $166,300 $40,200 $126,100
2017 $6,868 $165,100 $40,000 $125,100
2016 $7,563 $174,300 $42,100 $132,200
2015 $7,160 $174,300 $42,100 $132,200
2014 $10,498 $362,000 $166,300 $195,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24027985

New Jersey MLS

APN: 08-00305-0000-00009