NOT LISTED FOR SALE

873 Madison Ave Unit 875 Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $412,000 - $451,000

8 Beds
2 Baths
1,872 Sq Ft
$231/Sq Ft Est. Value

About This Home

This home is located at 873 Madison Ave Unit 875, Paterson, NJ 07501 and is currently estimated at $431,714, approximately $230 per square foot. 873 Madison Ave Unit 875 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2022
Sold by
Masters Craig R
Bought by
Aldana Carlos Ortiz and Arteaga Hilda Valencia
Current Estimated Value
$431,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,250
Outstanding Balance
$242,764
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$188,950

Purchase Details

Closed on
Aug 12, 2010
Sold by
Florio Matthew and Jcm Investors 1012 Llc
Bought by
Masters Craig R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,478
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2010
Sold by
Catavdella Salvina
Bought by
Florio Mathew and Jcm Investors 1012 Llc

Purchase Details

Closed on
Sep 12, 2008
Sold by
873 & 875 Madison Avenue Llc
Bought by
Catavdella Salvina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,893
Interest Rate
6.54%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
873 875 Madison Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,893
Interest Rate
6.54%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2005
Sold by
Peralta Alexander
Bought by
Pereira Alfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
6.34%
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.

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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.

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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
Aldana Carlos Ortiz $339,000 Hudson United Title Services
Masters Craig R $265,000 --
Florio Mathew $65,000 --
Catavdella Salvina $370,000 --
873 875 Madison Avenue Llc $155,900 --
Pereira Alfred $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aldana Carlos Ortiz $254,250
Previous Owner Masters Craig R $260,840
Previous Owner Masters Craig R $261,478
Previous Owner Catavdella Salvina $355,893
Previous Owner Pereira Alfred $369,000
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
2024 $7,109 $145,000 $22,900 $122,100
2022 $6,731 $145,000 $22,900 $122,100
2021 $6,490 $145,000 $22,900 $122,100
2020 $6,054 $145,000 $22,900 $122,100
2019 $5,862 $141,800 $22,600 $119,200
2018 $4,767 $110,200 $22,500 $87,700
2017 $4,551 $109,400 $22,400 $87,000
2016 $5,016 $115,600 $23,600 $92,000
2015 $4,749 $115,600 $23,600 $92,000
2014 $7,903 $272,500 $137,400 $135,100
Source: Public Records

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