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311 12th Avenue

311 12th Avenue, Paterson, NJ 07514
Multifamily in Eastside
311 12th Avenue has been categorized by the local assessors in Paterson, NJ as a commercial type of property. The building has a total of 2 stories. The linear feet between the front and back of the lot is 720 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 1,800 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. 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, 311 12th Avenue sold most recently in Dec 29, 2021 for a total of $300,000. If you work out the math, that's approximately a cost of $132.74 per sqft. Before that, the property was also sold for $90,000 in Jan 24, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,587 in taxes each year. 311 12th Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $158,600. If we break it down further, the land itself was valued at $40,500. Improvements to the property, however, were assessed at a total of $118,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210303
03/03/2021
7 Bed
2 Bath
-
$400,000
bedrooms
7 Bed
bathrooms
2 Bath
$300,000 -25.00%
01/19/2022
ERIC ECKHARDT
EXP REALTY, LLC
-00011130
11/30/-0001
Studio
-
-
$309,000
bedrooms
Studio
bathrooms
-
$300,000 -2.91%
12/29/2021
-
ERIC ECKHARDT
EXP Realty, LLC
-00011130
11/30/-0001
Studio
-
-
$309,000
bedrooms
Studio
bathrooms
-
$300,000 -2.91%
12/29/2021
-
ERIC ECKHARDT
EXP Realty, LLC

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: 1,800
  • Lot Size Depth Feet: 720
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,260
  • Gross Building Area: 2,260
  • Building Area: 2,260
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.041
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : CARTER JANIECE
  • Previous Owner : BLUE STAR CAPITAL LLC
  • Owner Before Previous Owner: NAVARROS PROPERTY LLC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Paterson City School District
  • Census Tract: 181300

Zoning

  • Zoning: R-3

Geography

  • District: 08
  • Parcel: 08 03404-0000-00018
  • Block: 3404
  • Lot: 18
  • Municipality: PATERSON CITY
  • Latitude: 40.9205
  • Longitude: -74.1511

    Address

  • Full Address: 311 12th Ave
  • Address - House Number: 311
  • Address - Street Name: 12th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Paterson
  • Carrier Code: C040
  • 4-Digit Zip Code: 2801
  • Zip Code: 07514

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,587

    Market Valuation

  • Market Total Value: $158,600
  • Market Land Value: $40,500
  • Market Improvement Value: $118,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $158,600
  • Assessed Land Value: $40,500
  • Assessed Improvements Value: $118,100

    Sales

  • Current Sale Contract Date: Dec 29, 2021
  • Current Sale Recording Date: Jan 19, 2022
  • Current Sale Transaction ID: 11879543340
  • Current Sale Price: $300,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 4348
  • Previous Sale Recording Date: Feb 05, 2020
  • Previous Sale Contract Date: Jan 24, 2020
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA COMMERCIAL
  • Previous Mortgage Transaction Date: Feb 05, 2020
  • Previous Mortgage Loan Amount: $157,140
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 01, 2021

About Eastside



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Frequently Asked Questions

What neighborhood is 311 12th Avenue located in?
The 311 12th Avenue is a multifamily located in the neighborhood of Eastside in Eastside, Paterson.
What is the average sales price for listings in 311 12th Avenue?
The average sales price for units in 311 12th Avenue is $309,000 currently.

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