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487 East 24th Street

487 East 24th Street, Paterson, NJ 07514
Property in Eastside
Sold Jun 02, 2010
$63,001
Hud
Seller
$1,271,000 by Colony American Finance Lender
Mortgage
Sold Feb 25, 2010
$236,194
Local assessors in Paterson, NJ have categorized 487 East 24th Street 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 487 East 24th Street has a total of 2,210 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, 487 East 24th Street was last sold in May 28, 2010 for $63,001. According to our calculations, that's $28.51 per sqft. Prior to that sales transaction, the property was sold for $236,194 in Nov 3, 2008. Current property owners are expected to pay $7,631 in taxes per year. The property on 487 East 24th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $164,400. To break that down further, the land itself was valued at $29,300. While improvements to the property were assessed at a total of $135,100. 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

  • 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: 2,210
  • Building Area: 2,210
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,210
  • 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 : RODRIGUEZ VIDAL
  • Previous Owner : HUD
  • Owner Before Previous Owner: PASSAIC COUNTY SHERIFF
  • Owner Before Previous Owner 2: JONES SHEILA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Paterson City School District
  • Census Tract: 181200

Geography

  • District: 08
  • Parcel: 08 03313-0000-00034
  • Block: 3313
  • Lot: 34
  • Municipality: PATERSON CITY
  • Latitude: 40.9235
  • Longitude: -74.149

    Address

  • Full Address: 487 E 24th St
  • Address - House Number: 487
  • Street Direction: E
  • Address - Street Name: 24th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Paterson
  • Carrier Code: C009
  • 4-Digit Zip Code: 2405
  • Zip Code: 07514

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,631

    Appraisal Valuation

  • Standard Deviation: 0.2032
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 72
  • Final Value: 398,887
  • High Value: 479,941
  • Low Value: 317,833

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,271,000
  • First Open Lien Mortgage Lender: COLONY AMERICAN FINANCE LENDER
  • First Open Lien Mortgage Recording Date: May 07, 2019
  • First Open Lien Mortgage Loan Amount: $1,271,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $164,400
  • Market Land Value: $29,300
  • Market Improvement Value: $135,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $164,400
  • Assessed Land Value: $29,300
  • Assessed Improvements Value: $135,100

    Sales

  • Current Sale Contract Date: May 28, 2010
  • Current Sale Recording Date: Jun 02, 2010
  • Current Sale Transaction ID: 11474363562
  • Current Sale Price: $63,001
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2010025308
  • Previous Sale Recording Date: Feb 25, 2010
  • Previous Sale Contract Date: Nov 03, 2008
  • Previous Sale Amount: $236,194
  • Previous Sale Document Type: Sheriff's Deed

About Eastside



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Frequently Asked Questions

What neighborhood is 487 East 24th Street located in?
The 487 East 24th Street is a located in the neighborhood of Eastside in Eastside, Paterson.
What is the average sales price for listings in 487 East 24th Street?
The average sales price for units in 487 East 24th Street is $0 currently.

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