NOT LISTED FOR SALE

85 3rd Ave Unit 87 Paterson, NJ 07514

Riverside Neighborhood

Estimated Value: $645,083 - $801,000

-- Bed
-- Bath
3,091 Sq Ft
$241/Sq Ft Est. Value

About This Home

This home is located at 85 3rd Ave Unit 87, Paterson, NJ 07514 and is currently estimated at $743,521, approximately $240 per square foot. 85 3rd Ave Unit 87 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2025
Sold by
Martinez Rafaela
Bought by
87-85 3Rd Llc
Current Estimated Value
$743,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,250
Outstanding Balance
$404,163
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$339,358

Purchase Details

Closed on
Feb 24, 2016
Sold by
Martinez Rafael and Martinez Rafaela
Bought by
Martinez Rafaela

Purchase Details

Closed on
Apr 20, 2000
Sold by
Madant Associates Llc
Bought by
Martinez Rafael and Martinez Rafaela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
10%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
87-85 3Rd Llc -- None Listed On Document
87-85 3Rd Llc -- None Listed On Document
Martinez Rafaela -- None Available
Martinez Rafael $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 87-85 3Rd Llc $406,250
Closed 87-85 3Rd Llc $406,250
Previous Owner Martinez Rafael $125,000
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 $13,909 $273,000 $47,200 $225,800
2024 $13,385 $273,000 $47,200 $225,800
2022 $12,673 $273,000 $47,200 $225,800
2021 $12,219 $273,000 $47,200 $225,800
2020 $11,398 $273,000 $47,200 $225,800
2019 $11,034 $266,900 $46,400 $220,500
2018 $11,377 $263,000 $46,000 $217,000
2017 $10,862 $261,100 $45,800 $215,300
2016 $11,954 $275,500 $48,000 $227,500
2015 $11,318 $275,500 $48,000 $227,500
2014 $11,272 $388,700 $194,500 $194,200
Source: Public Records

Map

New Jersey Passaic County Paterson 07514 Riverside

85 3rd Ave Unit 87, Paterson, NJ

This home is located at 85 3rd Ave Unit 87, Paterson, NJ 07514 and is currently estimated at $743,521, approximately $240 per square foot. 85 3rd Ave Unit 87 is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

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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