$140,000
SOLD MAY 26, 2015

85 Sherman Ave Paterson, NJ 07502

Totowa Section Neighborhood
-- Bed
-- Bath
2,211 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$63 Per Sq Ft

About This Home

As of December 2016

This home is located at 85 Sherman Ave, Paterson, NJ 07502 and is currently priced at $140,000, approximately $63 per square foot. This property was built in 1940. 85 Sherman Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

Last Agent to Sell the Property

DORELY VALIENTE

UNITED REAL ESTATE Brokerage Phone: 973-942-4300 Listed on: 05/26/2015

Last Buyer's Agent

DORELY VALIENTE

UNITED REAL ESTATE Brokerage Phone: 973-942-4300 Listed on: 05/26/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,037

Year Built

  • Built in 1940

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,037

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • County Name: Passaic
  • Street Number Display: 85
  • I D: 4484131
  • Modified: 2016-05-27
  • Number Images: 1
  • Attribution Contact: 973-942-4300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2016
Closed on
Dec 9, 2016
Sold by
Kriama Hussian Muzqammel and Kriama Begum
Bought by
Razzak Mohammad and Razzak Ferdous
Seller's Agent
Mohammed Akhtaruzzaman
REALTY ONE GROUP LEGEND
Buyer's Agent
FAZZLUL RAZZAK
EXP REALTY, LLC
List Price
$269,900
Sold Price
$220,000
Premium/Discount to List
-$49,900
-18.49%
Current Estimated Value
$586,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,080
Avg. Annual Appreciation
10.99%
Original Mortgage
$165,000
Outstanding Balance
$136,954
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$405,368

Purchase Details

Listed on
May 26, 2015
Closed on
May 19, 2015
Sold by
Haque Sm Anamul and Ali Shakera
Bought by
Hussain Muzammel
Seller's Agent
DORELY VALIENTE
UNITED REAL ESTATE
Buyer's Agent
DORELY VALIENTE
UNITED REAL ESTATE
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.86%
Original Mortgage
$137,464
Interest Rate
3.88%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2005
Sold by
Haque Sm Ananmul
Bought by
Haque Sm Anamul and Ali Shakera
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $220,000 None Available
Deed $220,000 None Available
Deed $140,000 Multiple
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $165,000 New Conventional
Closed $165,000 New Conventional
Previous Owner $137,464 FHA
Previous Owner $48,599 Credit Line Revolving
Previous Owner $252,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2016 12/12/16 Sold $220,000 -18.5% $100 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $269,900 +92.8% $122 / Sq Ft
05/26/2015 05/26/15 Sold $140,000 -- $63 / 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 $11,037 $225,100 $35,500 $189,600
2022 $10,449 $225,100 $35,500 $189,600
2021 $10,075 $225,100 $35,500 $189,600
2020 $9,398 $225,100 $35,500 $189,600
2019 $9,016 $218,100 $32,900 $185,200
2018 $8,444 $195,200 $32,500 $162,700
2017 $8,058 $193,700 $32,300 $161,400
2016 $8,301 $191,300 $34,000 $157,300
2015 $7,859 $191,300 $34,000 $157,300
2014 $8,155 $281,200 $129,300 $151,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mohammed Akhtaruzzaman

    REALTY ONE GROUP LEGEND

    (973) 901-7561

    13 in this area

    18 Total Sales

    Section Image

  • F

    Buyer's Agent in 2016

    FAZZLUL RAZZAK

    EXP REALTY, LLC

  • D

    Seller's Agent in 2015

    DORELY VALIENTE

    UNITED REAL ESTATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3175426

Garden State MLS

APN: 08-00905-0000-00017

New Jersey Passaic County Paterson 07502 Totowa Section

85 Sherman Ave, Paterson, NJ

This home is located at 85 Sherman Ave, Paterson, NJ 07502 and is currently priced at $140,000, approximately $63 per square foot. This property was built in 1940. 85 Sherman Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes