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289 Presidential Boulevard

289 Presidential Boulevard, Paterson, NJ 07522
Property in Northside
Sold Feb 12, 2015
$95,000
$82,163 by Atlantic Pacific Mortgage Corp
Mortgage Due Feb 01, 2045
Sold Feb 03, 2006
$285,000
$256,500 by Residential Home Funding Corp
Mortgage Due Nov 01, 2035
Local assessors in Paterson, NJ have categorized 289 Presidential Boulevard as a residential type of property. 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 289 Presidential Boulevard has a total of 2,260 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 289 Presidential Boulevard sold most recently in Jan 14, 2015 for a total of $95,000. If you work out the math, that's approximately a cost of $42.04 per sqft. Before that, the property was also sold for $285,000 in Oct 17, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,541 in taxes each year. 289 Presidential Boulevard was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $140,900. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $125,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • 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: 2,260
  • Building Area: 2,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,260
  • 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 : ULLAH MOHAMED SUMON
  • Previous Owner : ATLANTIC PACIFIC MORTGAGE CORP
  • Owner Before Previous Owner: SHEHADEH ALI A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 08
  • Parcel: 08 00218-0000-00014
  • Block: 218
  • Lot: 14
  • Municipality: PATERSON CITY
  • Latitude: 40.9257
  • Longitude: -74.1681

    Address

  • Full Address: 289 Presidential Blvd
  • Address - House Number: 289
  • Address - Street Name: Presidential
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Paterson
  • Carrier Code: C090
  • 4-Digit Zip Code: 1772
  • Zip Code: 07522

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,541

    Appraisal Valuation

  • Standard Deviation: 0.206
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 72
  • Final Value: 385,839
  • High Value: 465,354
  • Low Value: 306,323

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,163
  • First Open Lien Mortgage Lender: ATLANTIC PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 12, 2015
  • First Open Lien Mortgage Loan Amount: $82,163
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2045

    Market Valuation

  • Market Total Value: $140,900
  • Market Land Value: $15,000
  • Market Improvement Value: $125,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $140,900
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $125,900

    Sales

  • Current Sale Contract Date: Jan 14, 2015
  • Current Sale Recording Date: Feb 12, 2015
  • Current Sale Transaction ID: 1120513303
  • Current Sale Price: $95,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2015006663
  • Previous Sale Recording Date: Feb 03, 2006
  • Previous Sale Contract Date: Oct 17, 2005
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 12, 2015
  • First Mortgage Loan Amount: $82,163
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: RESIDENTIAL HOME FUNDING CORP
  • Previous Mortgage Transaction Date: Feb 03, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $256,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Nov 01, 2035

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Frequently Asked Questions

What neighborhood is 289 Presidential Boulevard located in?
The 289 Presidential Boulevard is a located in the neighborhood of Northside in Downtown Paterson, Paterson.
What is the average sales price for listings in 289 Presidential Boulevard?
The average sales price for units in 289 Presidential Boulevard is $0 currently.

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