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204 North 1st Street

204 North 1st Street, Paterson, NJ 07522
Multifamily in Northside
204 North 1st Street has been categorized by the local assessors in Paterson, NJ as a residential type of property. The building on the property was first built in 1887 and is 137 years old. The building has a total of 2 stories. In addition, 204 North 1st Street has 1,454 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,500 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Dec 19, 2023 for $515,000. That's $354.20 per sqft. Prior to that sales transaction, the property was also sold in Apr 23, 2021 for $235,969. 204 North 1st Street was last assessed in 2022. The total value of the property was assessed at $112,700. Specifically, the land the property is located on was valued at $16,500. While improvements on the property were assessed at a total of $96,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,232. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210121
01/21/2021
7 Bed
2 Bath
-
$248,000
bedrooms
7 Bed
bathrooms
2 Bath
$235,969 -4.85%
04/28/2021
GLORIA CASTANO

Building Info

Overview

    General

  • Year Built: 1887
  • Effective Year Built: 1887
  • 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: 1,454
  • Building Area: 1,454
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,454
  • 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 : MAX RIBNER MR HOLDINGS LLC
  • Previous Owner : 204 N 1ST STREET LLC
  • Owner Before Previous Owner: 2 BROTHER PAINTING LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Paterson City School District
  • Census Tract: 180700

Geography

  • District: 08
  • Parcel: 08 00118-0000-00033
  • Block: 118
  • Lot: 33
  • Municipality: PATERSON CITY
  • Latitude: 40.9299
  • Longitude: -74.1671

    Address

  • Full Address: 204 N 1st St
  • Address - House Number: 204
  • Street Direction: N
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Paterson
  • Carrier Code: C063
  • 4-Digit Zip Code: 1806
  • Zip Code: 07522

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,232

    Appraisal Valuation

  • Standard Deviation: 0.2711
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 363,308
  • High Value: 461,832
  • Low Value: 264,783

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $386,250
  • First Open Lien Mortgage Lender: LOGAN FINANCE CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 22, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $386,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $112,700
  • Market Land Value: $16,500
  • Market Improvement Value: $96,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $112,700
  • Assessed Land Value: $16,500
  • Assessed Improvements Value: $96,200

    Sales

  • Current Sale Contract Date: Dec 19, 2023
  • Current Sale Recording Date: Dec 22, 2023
  • Current Sale Transaction ID: 11919386232
  • Current Sale Price: $515,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 40432
  • Previous Sale Recording Date: Apr 28, 2021
  • Previous Sale Contract Date: Apr 23, 2021
  • Previous Sale Amount: $235,969
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOGAN FINANCE CORPORATION
  • First Mortgage Transaction Date: Dec 22, 2023
  • First Mortgage Loan Amount: $386,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Apr 28, 2021
  • Previous Mortgage Loan Amount: $176,977
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2051

About Downtown Paterson



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Frequently Asked Questions

What neighborhood is 204 North 1st Street located in?
The 204 North 1st Street is a multifamily located in the neighborhood of Northside in Downtown Paterson, Paterson.
What is the average sales price for listings in 204 North 1st Street?
The average sales price for units in 204 North 1st Street is $248,000 currently.

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