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127 Marion Street

127 Marion Street, Paterson, NJ 07522
Property in Passaic
Sold Mar 28, 2016
$219,900
$297,500 by Crosscountry Mortgage Llc
Mortgage Due Nov 01, 2051
Sold May 03, 2006
$385,000
$385,000 by Fgc Commercial Mortgage Financ
Mortgage Due May 01, 2036
Local assessors in Paterson, NJ have categorized 127 Marion Street as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 2,500 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 250 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 127 Marion Street has a total of 2,419 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 127 Marion Street was last sold in Mar 2, 2016 for $219,900. According to our calculations, that's $90.91 per sqft. Prior to that sales transaction, the property was sold for $385,000 in Apr 28, 2006. Current property owners are expected to pay $12,083 in taxes per year. The property on 127 Marion Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $260,300. To break that down further, the land itself was valued at $44,400. While improvements to the property were assessed at a total of $215,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,419
  • Building Area: 2,419
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,419
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VARGAS JAIRO A
  • Previous Owner : GOMEZ ISRAEL
  • Previous Owner 2: GOMEZ DOROTEO
  • Owner Before Previous Owner: MENDEZ LUIS

Neighborhood

  • School District Name: Paterson City School District
  • Census Tract: 180301

Geography

  • District: 08
  • Parcel: 08 00912-0000-00011
  • Block: 912
  • Lot: 11
  • Municipality: PATERSON CITY
  • Latitude: 40.9225
  • Longitude: -74.1818

    Address

  • Full Address: 127 Marion St
  • Address - House Number: 127
  • Address - Street Name: Marion
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Paterson
  • Carrier Code: C034
  • 4-Digit Zip Code: 1903
  • Zip Code: 07522

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,083

    Appraisal Valuation

  • Standard Deviation: 0.2118
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 71
  • Final Value: 484,299
  • High Value: 586,902
  • Low Value: 381,696

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $297,500
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 29, 2022
  • First Open Lien Mortgage Loan Amount: $297,500
  • First Open Lien Mortgage Term: 346
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $260,300
  • Market Land Value: $44,400
  • Market Improvement Value: $215,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $260,300
  • Assessed Land Value: $44,400
  • Assessed Improvements Value: $215,900

    Sales

  • Current Sale Contract Date: Mar 02, 2016
  • Current Sale Recording Date: Mar 28, 2016
  • Current Sale Transaction ID: 1500226260
  • Current Sale Price: $219,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016013613
  • Previous Sale Recording Date: May 03, 2006
  • Previous Sale Contract Date: Apr 28, 2006
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NFM INC
  • First Mortgage Transaction Date: Mar 28, 2016
  • First Mortgage Loan Amount: $215,916
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: FGC COMMERCIAL MORTGAGE FINANC
  • Previous Mortgage Transaction Date: May 03, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $385,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2036

About Paterson



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Frequently Asked Questions

What neighborhood is 127 Marion Street located in?
The 127 Marion Street is a located in the neighborhood of Passaic in Paterson, Paterson.
What is the average sales price for listings in 127 Marion Street?
The average sales price for units in 127 Marion Street is $0 currently.

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