NOT LISTED FOR SALE

918 Madison Ave Unit 2 Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $537,974 - $731,000

3 Beds
1 Bath
2,920 Sq Ft
$219/Sq Ft Est. Value

About This Home

This home is located at 918 Madison Ave Unit 2, Paterson, NJ 07501 and is currently estimated at $640,244, approximately $219 per square foot. 918 Madison Ave Unit 2 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 28, 2025
Sold by
Santiago-Young Maria
Bought by
Schanks Sandra
Current Estimated Value
$640,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Outstanding Balance
$532,032
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$108,212

Purchase Details

Closed on
Jul 23, 2015
Sold by
Young Collin and Santiago Young Maria
Bought by
Young Collin and Santiago Young Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,727
Interest Rate
3.64%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 25, 2013
Sold by
Rodriguez Carlos and Rodriguez Maria C
Bought by
Young Colin and Young Maria Santiago

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,381
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2002
Sold by
Meza Isabel
Bought by
Rodriguez Carlos and Rodriguez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,850
Interest Rate
7.04%
Mortgage Type
FHA
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Schanks Sandra $710,000 Stewart Title
Young Collin -- None Available
Young Colin $255,000 Alta Commitment For Title
Rodriguez Carlos $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schanks Sandra $532,500
Previous Owner Young Collin $34,547
Previous Owner Young Collin $16,529
Previous Owner Young Collin $16,529
Previous Owner Young Collin $261,497
Previous Owner Young Collin $243,910
Previous Owner Young Collin $248,727
Previous Owner Young Colin $250,381
Previous Owner Rodriguez Carlos $227,000
Previous Owner Rodriguez Carlos $192,850
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 $12,194 $248,700 $19,700 $229,000
2022 $11,545 $248,700 $19,700 $229,000
2021 $11,132 $248,700 $19,700 $229,000
2020 $10,383 $248,700 $19,700 $229,000
2019 $10,050 $243,100 $19,400 $223,700
2018 $9,340 $215,900 $19,300 $196,600
2017 $8,911 $214,200 $19,200 $195,000
2016 $9,824 $226,400 $20,300 $206,100
2015 $9,301 $226,400 $20,300 $206,100
2014 $9,495 $327,400 $123,300 $204,100
Source: Public Records

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