NOT LISTED FOR SALE

96 Sherman Ave Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $506,000 - $599,000

-- Bed
-- Bath
1,168 Sq Ft
$484/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $390,000 $334 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,763/month

38 Days on Market

About This Home

As of March 2021

This home is located at 96 Sherman Ave, Paterson, NJ 07502 since 19 December 2020 and is currently estimated at $565,651, approximately $484 per square foot. 96 Sherman Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

Last Agent to Sell the Property

Mohammed Akhtaruzzaman

REALTY ONE GROUP LEGEND Brokerage Phone: 973-772-0660 Listed on: 12/19/2020

REALTY ONE GROUP LEGEND

Last Buyer's Agent

Mohammed Akhtaruzzaman

REALTY ONE GROUP LEGEND Brokerage Phone: 973-772-0660 Listed on: 12/19/2020

REALTY ONE GROUP LEGEND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,023

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,023

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 96
  • I D: 5038261
  • Modified: 2022-03-20
  • Number Images: 1
  • Attribution Contact: 973-772-0660
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2020
Closed on
Mar 18, 2021
Sold by
Chowdhury Jafor Sadek and Mian Zannath Nahar
Bought by
Hussain Ali and Koli Shazada
Seller's Agent
Mohammed Akhtaruzzaman
REALTY ONE GROUP LEGEND
Buyer's Agent
Mohammed Akhtaruzzaman
REALTY ONE GROUP LEGEND
List Price
$420,000
Sold Price
$390,000
Premium/Discount to List
-$30,000
-7.14%
Current Estimated Value
$565,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,651
Avg. Annual Appreciation
8.50%
Original Mortgage
$392,755
Outstanding Balance
$352,077
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$213,574

Purchase Details

Closed on
Apr 1, 2010
Sold by
Reda Margaret and Robb Maryann
Bought by
Chowdhury Jafor Sadek and Miah Zannath Nahar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,327
Interest Rate
5.25%
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
Hussain Ali $400,000 None Listed On Document
Hussain Ali $400,000 None Listed On Document
Chowdhury Jafor Sadek $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hussain Ali $392,755
Closed Hussain Ali $392,755
Previous Owner Chowdhury Jafor Sadek $135,327
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $390,000 -7.1% $334 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
12/19/2020 12/19/20 For Sale $420,000 -- $360 / 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
2025 $9,023 $177,100 $39,900 $137,200
2024 $8,683 $177,100 $39,900 $137,200
2022 $8,221 $177,100 $39,900 $137,200
2021 $7,927 $177,100 $39,900 $137,200
2020 $7,394 $177,100 $39,900 $137,200
2019 $7,069 $171,000 $37,000 $134,000
2018 $7,285 $168,400 $36,600 $131,800
2017 $6,947 $167,000 $36,300 $130,700
2016 $7,194 $165,800 $38,300 $127,500
2015 $6,811 $165,800 $38,300 $127,500
2014 $8,239 $284,100 $139,300 $144,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mohammed Akhtaruzzaman

    REALTY ONE GROUP LEGEND

    (973) 901-7561

    13 in this area

    18 Total Sales

    Mohammed Akhtaruzzaman
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3683839

Garden State MLS

APN: 08-00906-0000-00034

New Jersey Passaic County Paterson 07502 Totowa Section

96 Sherman Ave, Paterson, NJ

This home is located at 96 Sherman Ave, Paterson, NJ 07502 since 19 December 2020 and is currently estimated at $565,651, approximately $484 per square foot. 96 Sherman Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

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