$805,000
SOLD JAN 28, 2025

88 Lafayette St Unit 3 Paterson, NJ 07501

Riverside Neighborhood
-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Recently Sold

12% Above List Price

68 Days on Market

About This Home

As of January 2025

This home is located at 88 Lafayette St Unit 3, Paterson, NJ 07501 and is currently priced at $805,000. This property was built in 1900. 88 Lafayette St Unit 3 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.

Last Agent to Sell the Property

ZAIDEM ILLESCAS

WEICHERT REALTORS Brokerage Phone: 973-779-1900 Listed on: 06/20/2024

Last Buyer's Agent

ADRIANA MEJIA

EXIT SOLGAR REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,493

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,493

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Passaic
  • Street Number Display: 88
  • I D: 5295851
  • Modified: 2025-01-29
  • Number Images: 24
  • Attribution Contact: 973-779-1900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jan 27, 2025
Sold by
Porquin Roshanna
Bought by
Nicasio Juan J and Nicasio Michelle
Seller's Agent
ZAIDEM ILLESCAS
WEICHERT REALTORS
Buyer's Agent
ADRIANA MEJIA
EXIT SOLGAR REALTY
List Price
$720,000
Sold Price
$805,000
Premium/Discount to List
$85,000
11.81%
Views
3
Current Estimated Value
$806,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,781
Avg. Annual Appreciation
-4.02%
Original Mortgage
$755,250
Outstanding Balance
$614,337
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$171,740

Purchase Details

Closed on
Nov 8, 2019
Sold by
Parquin Rosanna and Herrera Josefa
Bought by
Parquin Roshanna

Purchase Details

Closed on
Jul 15, 2011
Sold by
Grillo Joseph and Barna Norman
Bought by
Porquin Roshanna and Herrera Josefa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,501
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2010
Sold by
Passaic County Sheriff
Bought by
Grillo Joseph and Barna Norman

Purchase Details

Closed on
Dec 13, 2005
Sold by
Deleon Jose
Bought by
Deleon Johnny

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
6.39%

Purchase Details

Closed on
Jan 29, 2001
Sold by
Mel Martinez Sec
Bought by
Sanchez Maria and Delacruz Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,600
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 1997
Sold by
Anderson Daniel and Anderson Sonia
Bought by
Hud
Source: Public Records

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    Section Image

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 Type Sale Price Title Company
Bargain Sale Deed $805,000 First American Title
Warranty Deed -- None Available
Deed $138,000 --
Sheriffs Deed $68,000 --
Deed $415,000 --
Deed $81,650 --
Sheriffs Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $755,250 New Conventional
Closed $755,250 New Conventional
Previous Owner $134,501 FHA
Previous Owner $332,000 No Value Available
Previous Owner $130,600 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Sold $805,000 +11.8% --
09/05/2024 09/05/24 Pending -- -- --
06/29/2024 06/29/24 For Sale $720,000 -- --
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 $12,493 $254,800 $24,300 $230,500
2022 $11,828 $254,800 $24,300 $230,500
2021 $11,405 $254,800 $24,300 $230,500
2020 $10,638 $254,800 $24,300 $230,500
2019 $10,302 $249,200 $24,100 $225,100
2018 $9,669 $223,500 $24,000 $199,500
2017 $9,227 $221,800 $23,900 $197,900
2016 $10,166 $234,300 $25,200 $209,100
2015 $9,625 $234,300 $25,200 $209,100
2014 $12,340 $425,500 $168,800 $256,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3909095

Garden State MLS

APN: 08-03109-0000-00009