NOT LISTED FOR SALE

865 Madison Ave Unit 867 Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $558,000 - $629,019

7 Beds
3 Baths
2,239 Sq Ft
$263/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $410,000 $183 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,083/month

123 Days on Market

About This Home

As of May 2022

This home is located at 865 Madison Ave Unit 867, Paterson, NJ 07501 since 22 November 2021 and is currently estimated at $588,755, approximately $262 per square foot. 865 Madison Ave Unit 867 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.

Last Agent to Sell the Property

Carlos Goyburu

Goyburu Realty LLC Listed on: 11/22/2021

Last Buyer's Agent

Francis Sullivan, 3rd

Howard Hanna Rand Realty

Howard Hanna Rand Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,297

Lot Details

  • 2,500 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities
  • Maintenance Expense $4,804

Listing and Financial Details

  • Legal Lot and Block 00035 / 09001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,297

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (973) 530-4056
  • MLS Status: Sold - Sold
  • Directions: Off Rt 80 to Madison Ave
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2500.0

Multi Family

  • Maintenance Expense: 4804.0

Tax Info

  • Tax Annual Amount: 9297.0
  • Tax Block: 09001
  • Tax Lot: 00035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Stone Acquisitions Llc
Bought by
Milestone Grp Nj Llc
Current Estimated Value
$588,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Outstanding Balance
$549,186
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$39,569

Purchase Details

Listed on
Nov 22, 2021
Closed on
May 5, 2022
Sold by
Fernando Serna Jr
Bought by
Stone Acquisitions Llc
Seller's Agent
Carlos Goyburu
Goyburu Realty LLC
Buyer's Agent
Francis Sullivan, 3rd
Howard Hanna Rand Realty
List Price
$449,000
Sold Price
$410,000
Premium/Discount to List
-$39,000
-8.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%
Original Mortgage
$369,000
Interest Rate
5.11%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 26, 2011
Sold by
Jcm Investors 1012 Llc
Bought by
Serna Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,125
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2010
Sold by
Hsbc Bank Usa Na
Bought by
Jcm Investors 1012 Llc

Purchase Details

Closed on
Mar 29, 2010
Sold by
Passaic County Sheriff
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Feb 1, 2006
Sold by
Rodriguez Enriqueta
Bought by
Santiago Jorge L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.27%

Purchase Details

Closed on
Dec 8, 2004
Sold by
Mogollon Maria
Bought by
Rodriguez Enriqueta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,411
Interest Rate
5.77%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Milestone Grp Nj Llc -- Fidelity National Title
Stone Acquisitions Llc $410,000 Stewart Title Guaranty Company
Serna Fernando $267,000 --
Jcm Investors 1012 Llc $110,000 --
Hsbc Bank Usa $417,772 --
Santiago Jorge L $410,000 --
Rodriguez Enriqueta $297,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milestone Grp Nj Llc $552,000
Open Milestone Grp Nj Llc $3,850,000
Closed Milestone Grp Nj Llc $3,850,000
Previous Owner Stone Acquisitions Llc $369,000
Previous Owner Serna Fernando $260,226
Previous Owner Serna Fernando $260,125
Previous Owner Jcm Investors 1012 Llc $96,000
Previous Owner Santiago Jorge L $332,000
Previous Owner Rodriguez Enriqueta $292,411
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $410,000 -8.7% $183 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
11/22/2021 11/22/21 For Sale $449,000 -- $201 / 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 $11,347 $222,700 $19,700 $203,000
2024 $10,919 $222,700 $19,700 $203,000
2022 $10,338 $222,700 $19,700 $203,000
2021 $9,968 $222,700 $19,700 $203,000
2020 $9,298 $222,700 $19,700 $203,000
2019 $9,000 $217,700 $19,400 $198,300
2018 $8,371 $193,500 $19,300 $174,200
2017 $7,987 $192,000 $19,200 $172,800
2016 $8,804 $202,900 $20,300 $182,600
2015 $8,335 $202,900 $20,300 $182,600
2014 $8,680 $299,300 $123,300 $176,000
Source: Public Records

Agents Affiliated with this Home

  • Carlos Goyburu

    Seller's Agent in 2022

    Carlos Goyburu

    Goyburu Realty LLC

    (201) 926-2264

    103 in this area

    224 Total Sales

    Carlos Goyburu
    Section Image
  • Francis Sullivan, 3rd

    Buyer's Agent in 2022

    Francis Sullivan, 3rd

    Rand Realty

    (201) 602-0096

    16 in this area

    86 Total Sales

    Francis Sullivan, 3rd
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 21045872

New Jersey MLS

APN: 08-09001-0000-00035

New Jersey Passaic County Paterson 07501 Eastside

865 Madison Ave Unit 867, Paterson, NJ

This home is located at 865 Madison Ave Unit 867, Paterson, NJ 07501 since 22 November 2021 and is currently estimated at $588,755, approximately $262 per square foot. 865 Madison Ave Unit 867 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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