NOT LISTED FOR SALE

983 Madison Ave Unit 3 Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $650,000 - $798,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold February 20, 2014

Last sale price $135,000

Est. 419% increase in value since last sale

Current estimated payment $4,683/month

About This Home

As of February 2014

This home is located at 983 Madison Ave Unit 3, Paterson, NJ 07501 since 20 February 2014 and is currently estimated at $701,091. 983 Madison Ave Unit 3 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

Last Agent to Sell the Property

ROBERTO GALAN

GOLD TEAM REALTY Brokerage Phone: 973-278-7880 Listed on: 02/20/2014

Last Buyer's Agent

ROBERTO GALAN

GOLD TEAM REALTY Brokerage Phone: 973-278-7880 Listed on: 02/20/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,377

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,377

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 983
  • I D: 4323445
  • Modified: 2015-02-21
  • Number Images: 1
  • Attribution Contact: 973-278-7880
  • 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

Closed on
Apr 9, 2025
Sold by
Barone Worthy Tensely
Bought by
Mesa Manuel E
Current Estimated Value
$701,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$537,612
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$163,479

Purchase Details

Listed on
Feb 20, 2014
Closed on
Feb 7, 2014
Sold by
Francisco Teresa and Diaz Teresa
Bought by
Worthy Tensely Barone
Seller's Agent
ROBERTO GALAN
GOLD TEAM REALTY
Buyer's Agent
ROBERTO GALAN
GOLD TEAM REALTY
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.30%

Purchase Details

Closed on
Jun 8, 2005
Sold by
Diaz Teresa F
Bought by
Francisco Teresa and Diaz Teresa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
5.67%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Mesa Manuel E $600,000 Main Street Title
Mesa Manuel E $600,000 Main Street Title
Worthy Tensely Barone $135,000 None Available
Francisco Teresa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mesa Manuel E $540,000
Closed Mesa Manuel E $540,000
Previous Owner Francisco Teresa $234,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2014 02/20/14 Sold $135,000 -- --
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
2025 $11,377 $223,300 $15,800 $207,500
2024 $10,948 $223,300 $15,800 $207,500
2022 $10,366 $223,300 $15,800 $207,500
2021 $9,995 $223,300 $15,800 $207,500
2020 $9,323 $223,300 $15,800 $207,500
2019 $9,020 $218,200 $15,500 $202,700
2018 $8,375 $193,600 $15,500 $178,100
2017 $7,991 $192,100 $15,400 $176,700
2016 $8,804 $202,900 $16,200 $186,700
2015 $8,335 $202,900 $16,200 $186,700
2014 $8,677 $299,200 $103,300 $195,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    ROBERTO GALAN

    GOLD TEAM REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3025796

Garden State MLS

APN: 08-08901-0000-00024

New Jersey Passaic County Paterson 07501 Eastside

983 Madison Ave Unit 3, Paterson, NJ

This home is located at 983 Madison Ave Unit 3, Paterson, NJ 07501 since 20 February 2014 and is currently estimated at $701,091. 983 Madison Ave Unit 3 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

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