NOT LISTED FOR SALE

888 Madison Ave Unit 2 Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $584,000

3 Beds
1 Bath
1,810 Sq Ft
$323/Sq Ft Est. Value

About This Home

This home is located at 888 Madison Ave Unit 2, Paterson, NJ 07501 and is currently estimated at $584,000, approximately $322 per square foot. 888 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
Oct 20, 2023
Sold by
Klinar Manuel
Bought by
Ruiz Marin Jorge
Current Estimated Value
$584,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,988
Outstanding Balance
$518,402
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$72,598

Purchase Details

Closed on
Jan 15, 2021
Sold by
Spagnola Sandra and Spagnola Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,990
Interest Rate
2.67%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2006
Sold by
Marchegiano Sandra
Bought by
Marchegiano Sandra

Purchase Details

Closed on
Apr 28, 1999
Sold by
Marchegiano Ernesto and Marchegiano Flora
Bought by
Marchegiano Sandra

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
Ruiz Marin Jorge $560,000 Foundation Title
-- $387,000 Seber Title Agency Llc
Marchegiano Sandra -- --
Marchegiano Sandra -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Marin Jorge $523,988
Previous Owner -- $379,990
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 $7,967 $162,500 $18,900 $143,600
2022 $7,543 $162,500 $18,900 $143,600
2021 $7,274 $162,500 $18,900 $143,600
2020 $6,784 $162,500 $18,900 $143,600
2019 $6,569 $158,900 $18,600 $140,300
2018 $6,770 $156,500 $18,500 $138,000
2017 $6,465 $155,400 $18,500 $136,900
2016 $7,120 $164,100 $19,400 $144,700
2015 $6,741 $164,100 $19,400 $144,700
2014 $10,127 $349,200 $163,300 $185,900
Source: Public Records

Map

New Jersey Passaic County Paterson 07501 Eastside

888 Madison Ave Unit 2, Paterson, NJ

Homes for Sale in Paterson, NJ

This home is located at 888 Madison Ave Unit 2, Paterson, NJ 07501 and is currently estimated at $584,000, approximately $322 per square foot. 888 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.

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