NOT LISTED FOR SALE

856 Paterson Ave East Rutherford, NJ 07073

Estimated Value: $597,000 - $704,000

7 Beds
2 Baths
2,116 Sq Ft
$310/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $480,000 $227 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,042/month

10 Days on Market

About This Home

As of September 2022

Income producing 2 Family Home in East Rutherford!!! Perfect option for investors or owner occupied. Each floor offers living room, Eat-in Kitchen, 3 bedrooms and 1 full bath. 2nd floor also offers a Three Season porch to spend your weekend afternoons. Additional living space in the finished attic with a separated entrance. Great size backyard ideal for outdoor gatherings. Unfinished basement with separated utilities. One driveway parking space. House located in Flood Area, but sellers currently pay $824 for annual flood insurance. VERY LOW TAXES $6,019! Great location, 1 minute walk to the direct bus to New York City! Schedule your viewing today!!Showing starts at Saturday June 4th Open House from 1-3 pm.

Last Agent to Sell the Property

Giselle Ortega

Keller Williams Park Views Listed on: 05/31/2022

Keller Williams Park Views

Last Buyer's Agent

Giselle Ortega

Keller Williams Park Views Listed on: 05/31/2022

Keller Williams Park Views

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,019

Lot Details

  • 2,627 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 00009 / 00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,019

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: 201-854-8888
  • MLS Status: Sold - Sold
  • Directions: Locust Ave and Dankoff Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 7

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 2627.0

Tax Info

  • Tax Annual Amount: 6019.0
  • Tax Block: 00009
  • Tax Lot: 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Sep 20, 2022
Sold by
Medina Ramon and Medina Ana E
Bought by
Kottam Ashwin Kumar and Thandra Srinidhi Reddy
Seller's Agent
Giselle Ortega
Keller Williams Park Views
Buyer's Agent
Giselle Ortega
Keller Williams Park Views
List Price
$489,000
Sold Price
$480,000
Premium/Discount to List
-$9,000
-1.84%
Views
7
Current Estimated Value
$656,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,077
Avg. Annual Appreciation
10.39%
Original Mortgage
$360,000
Outstanding Balance
$345,037
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$311,040

Purchase Details

Closed on
May 9, 2007
Sold by
Dalia Angelo
Bought by
Medina Ramon and Medina Ana

Purchase Details

Closed on
Nov 4, 1997
Sold by
Dalia Angelo
Bought by
Dalia Angelo and Dalia Geraldine

Purchase Details

Closed on
Dec 28, 1995
Sold by
Wasko John
Bought by
D'Alia Angelo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kottam Ashwin Kumar $480,000 Land Title
Kottam Ashwin Kumar $480,000 Land Title
Medina Ramon $310,000 --
Dalia Angelo -- --
D'Alia Angelo $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kottam Ashwin Kumar $360,000
Closed Kottam Ashwin Kumar $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Sold $480,000 -1.8% $227 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $489,000 -- $231 / 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
2025 $7,043 $464,100 $251,400 $212,700
2024 $6,773 $434,500 $240,500 $194,000
2023 $6,459 $417,300 $229,600 $187,700
2022 $6,459 $368,900 $210,000 $158,900
2021 $5,936 $342,400 $188,100 $154,300
2020 $6,019 $330,900 $183,800 $147,100
2019 $6,093 $332,600 $180,500 $152,100
2018 $5,213 $293,200 $153,600 $139,600
2017 $5,531 $266,700 $135,500 $131,200
2016 $5,187 $266,700 $135,500 $131,200
2015 $5,246 $266,700 $135,500 $131,200
2014 $5,078 $266,700 $135,500 $131,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22019577

New Jersey MLS

APN: 12-00009-0000-00009