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43 Bergen Street

43 Bergen Street, Paterson, NJ 07522
Property in Northside
1 Units For Sale
Unit for sale at 43 Bergen Street, Paterson, NJ 07522

$315,000

  • 3 Beds
  • 2 Baths
43 Bergen Street, Paterson, NJ 07522 Listing by Chaim Cillo

43 Bergen 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 1877 and is 147 years old. The building has a total of 2 stories. In addition, 43 Bergen Street has 1,064 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. 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, 43 Bergen Street sold most recently in Nov 25, 2020 for a total of $85,000. If you work out the math, that's approximately a cost of $79.89 per sqft. 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 $3,570 in taxes each year. 43 Bergen Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $76,900. If we break it down further, the land itself was valued at $16,600. Improvements to the property, however, were assessed at a total of $60,300. 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!

Building Features

Parking

No Parking
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1877
  • Effective Year Built: 1877
  • 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: 1,064
  • Building Area: 1,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,064
  • 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 : TORDJMAN EQUITIES LLC
  • Previous Owner : ROBINSON SHURIEK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 08
  • Parcel: 08 00120-0000-00032
  • Block: 120
  • Lot: 32
  • Municipality: PATERSON CITY
  • Latitude: 40.9286
  • Longitude: -74.1673

    Address

  • Full Address: 43 Bergen St
  • Address - House Number: 43
  • Address - Street Name: Bergen
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Paterson
  • Carrier Code: C063
  • 4-Digit Zip Code: 1815
  • Zip Code: 07522

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,570

    Appraisal Valuation

  • Standard Deviation: 0.2711
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 281,853
  • High Value: 358,288
  • Low Value: 205,418

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,250
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA COMMERCIAL
  • First Open Lien Mortgage Recording Date: Mar 04, 2022
  • First Open Lien Mortgage Loan Amount: $176,250
  • 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: Nov 08, 2051

    Market Valuation

  • Market Total Value: $76,900
  • Market Land Value: $16,600
  • Market Improvement Value: $60,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,900
  • Assessed Land Value: $16,600
  • Assessed Improvements Value: $60,300

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: May 12, 2021
  • Current Sale Transaction ID: 11837021533
  • Current Sale Price: $85,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021032213

    Last Sale Mortgage

  • First Mortgage Lender: LOAN FUNDER LLC
  • First Mortgage Transaction Date: May 12, 2021
  • First Mortgage Loan Amount: $120,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

About Downtown Paterson




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Frequently Asked Questions

What neighborhood is 43 Bergen Street located in?
The 43 Bergen Street is a located in the neighborhood of Northside in Downtown Paterson, Paterson.
How many listings are currently for sale in 43 Bergen Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 43 Bergen Street?
The average sales price for units in 43 Bergen Street is $315,000 currently.

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