NOT LISTED FOR SALE

88 N 5th St Unit 90 Paterson, NJ 07522

Prospect Park Neighborhood

Estimated Value: $516,967 - $729,000

-- Bed
-- Bath
1,692 Sq Ft
$346/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $400,000 $236 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,179/month

45 Days on Market

About This Home

As of March 2023

This home is located at 88 N 5th St Unit 90, Paterson, NJ 07522 since 20 December 2022 and is currently estimated at $584,742, approximately $345 per square foot. 88 N 5th St Unit 90 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Dr. Frank Napier, Jr. School of Technology.

Last Listed By

Nicholas Tselepis

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 12/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,870

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,870

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 88
  • I D: 5194580
  • Modified: 2024-04-01
  • Number Images: 1
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2022
Closed on
Mar 30, 2023
Sold by
Yesab Henok
Bought by
Ahmed Nasir
Seller's Agent
Nicholas Tselepis
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
Nicholas Tselepis
NICHOLAS REAL ESTATE AGENCY
List Price
$449,900
Sold Price
$400,000
Premium/Discount to List
-$49,900
-11.09%
Total Days on Market
45
Views
110
Current Estimated Value
$584,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,742
Avg. Annual Appreciation
19.22%
Original Mortgage
$320,000
Outstanding Balance
$312,607
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$272,135

Purchase Details

Closed on
Mar 20, 2019
Sold by
Aci Fadime
Bought by
Yesab Henok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2011
Sold by
Mcknight Joseph and Mc Knight Priscilla
Bought by
Aci Fadima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,831
Interest Rate
4.75%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

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ICE

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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
Ahmed Nasir $400,000 First American Title
Yesab Henok $240,000 New Era Title
Aci Fadima $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Nasir $320,000
Previous Owner Yesab Henok $235,653
Previous Owner Aci Fadime $108,750
Previous Owner Aci Fadima $121,831
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $400,000 +0.3% $236 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/12/2023 01/12/23 Price Changed $399,000 -11.3% $236 / Sq Ft
12/20/2022 12/20/22 For Sale $449,900 -- $266 / 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 $10,870 $221,700 $37,800 $183,900
2022 $10,291 $221,700 $37,800 $183,900
2021 $9,923 $221,700 $37,800 $183,900
2020 $9,256 $221,700 $37,800 $183,900
2019 $7,313 $176,900 $37,300 $139,600
2018 $7,545 $174,400 $37,000 $137,400
2017 $7,201 $173,100 $36,800 $136,300
2016 $7,932 $182,800 $38,800 $144,000
2015 $7,509 $182,800 $38,800 $144,000
2014 $8,071 $278,300 $141,300 $137,000
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Tselepis

    Seller's Agent in 2023

    Nicholas Tselepis

    NICHOLAS REAL ESTATE AGENCY

    (973) 340-1202

    21 in this area

    180 Total Sales

    Nicholas Tselepis
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3821779

Garden State MLS

APN: 08-00408-0000-00016

New Jersey Passaic County Paterson 07522 Prospect Park

88 N 5th St Unit 90, Paterson, NJ

Homes for Sale in Paterson, NJ

This home is located at 88 N 5th St Unit 90, Paterson, NJ 07522 since 20 December 2022 and is currently estimated at $584,742, approximately $345 per square foot. 88 N 5th St Unit 90 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Dr. Frank Napier, Jr. School of Technology.

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.

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