NOT LISTED FOR SALE

99 Newark Ave Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $503,000 - $879,000

5 Beds
3 Baths
1,621 Sq Ft
$404/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $590,000 $364 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,215/month

75 Days on Market

About This Home

As of October 2023

This home is located at 99 Newark Ave, Paterson, NJ 07503 since 17 April 2023 and is currently estimated at $654,287, approximately $403 per square foot. 99 Newark Ave 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.

Co-Listed By

Samir Genid

REALTY ONE GROUP LEGEND Brokerage Phone: 973-772-0660

REALTY ONE GROUP LEGEND

Last Buyer's Agent

Douglass Holmes

HOWARD HANNA RAND REALTY

HOWARD HANNA RAND REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,753

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,753

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 99
  • I D: 5215125
  • Modified: 2024-10-20
  • 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

Closed on
Jan 18, 2025
Sold by
Cortez-Cano Franklin and Delortiz Maria Del
Bought by
Cortez-Cano Franklin
Current Estimated Value
$654,287

Purchase Details

Listed on
Apr 17, 2023
Closed on
Oct 16, 2023
Sold by
Castro Jose O and Ribot Raymond
Bought by
Cortez-Cano Franklin
Buyer's Agent
Douglass Holmes
HOWARD HANNA RAND REALTY
List Price
$650,000
Sold Price
$590,000
Premium/Discount to List
-$60,000
-9.23%
Views
180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%

Purchase Details

Closed on
Jul 31, 2003
Sold by
Vargas Rosa
Bought by
Castro Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.52%
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
Cortez-Cano Franklin -- Stewart Title Guaranty Company
Cortez-Cano Franklin -- Stewart Title Guaranty Company
Cortez-Cano Franklin $590,000 Stewart Title Guaranty Company
Castro Jose $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castro Jose $248,967
Previous Owner Castro Jose $60,000
Previous Owner Castro Jose $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $590,000 -4.1% $364 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
07/01/2023 07/01/23 Price Changed $615,000 -5.4% $379 / Sq Ft
04/17/2023 04/17/23 For Sale $650,000 -- $401 / 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 $8,753 $171,800 $41,500 $130,300
2024 $8,423 $171,800 $41,500 $130,300
2022 $7,975 $171,800 $41,500 $130,300
2021 $7,690 $171,800 $41,500 $130,300
2020 $7,173 $171,800 $41,500 $130,300
2019 $6,937 $167,800 $40,500 $127,300
2018 $7,155 $165,400 $40,100 $125,300
2017 $6,644 $159,700 $39,900 $119,800
2016 $7,316 $168,600 $42,000 $126,600
2015 $6,926 $168,600 $42,000 $126,600
2014 $9,115 $314,300 $167,100 $147,200
Source: Public Records

Agents Affiliated with this Home

  • Samir Genid

    Seller Co-Listing Agent in 2023

    Samir Genid

    REALTY ONE GROUP LEGEND

    (973) 271-1666

    1 in this area

    138 Total Sales

    Samir Genid
    Section Image
  • Douglass Holmes

    Buyer's Agent in 2023

    Douglass Holmes

    HOWARD HANNA RAND REALTY

    (973) 568-2224

    1 in this area

    179 Total Sales

    Douglass Holmes
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3838586

Garden State MLS

APN: 08-05604-0000-00007

New Jersey Passaic County Paterson 07503 South Paterson

99 Newark Ave, Paterson, NJ

This home is located at 99 Newark Ave, Paterson, NJ 07503 since 17 April 2023 and is currently estimated at $654,287, approximately $403 per square foot. 99 Newark Ave 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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