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581 East 18th Street

581 East 18th Street, Paterson, NJ 07514
Commercial in Eastside
1 Units For Sale
Unit for sale at 581 E 18Th St, Paterson City, NJ 07514

$749,900

  • 6 Beds
581 E 18Th St, Paterson City, NJ 07514 Listing by JACOB NGUYEN

This has been categorized as a commercial property type. There are a total of 2 floors. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,020. In total, the area measurement of the land is 2,550 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know 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, 581 East 18th Street sold most recently in Mar 28, 2023 for a total of $400,000. If you work out the math, that's approximately a cost of $178.02 per sqft. Before that, the property was also sold for $400,000 in Mar 28, 2023. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $5,696 in taxes each year. 581 East 18th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $122,700. If we break it down further, the land itself was valued at $54,400. Improvements to the property, however, were assessed at a total of $68,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180421
04/21/2018
Studio
-
-
$355,000
bedrooms
Studio
bathrooms
-
-
-
-
-

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: 2,550
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,247
  • Gross Building Area: 2,247
  • Building Area: 2,247
  • 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: 0.059
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: ADDITIONAL LOTS: 581 E 18TH ST FTS

Ownership

  • Current Owner : NORTHEAST INVESTMENT GROUP LLC
  • Previous Owner : NORTHEAST REALTY & MANAGEMENT LLC
  • Owner Before Previous Owner: NORTHEAST REALTY & MANAGEMENT LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: B-2

Geography

  • District: 08
  • Parcel: 08 03421-0000-00026
  • Block: 3421
  • Lot: 26
  • Municipality: PATERSON CITY
  • Latitude: 40.9201
  • Longitude: -74.1549

    Address

  • Full Address: 581 E 18th St
  • Address - House Number: 581
  • Street Direction: E
  • Address - Street Name: 18th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Paterson
  • Carrier Code: C040
  • 4-Digit Zip Code: 2624
  • Zip Code: 07514

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,696

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,000
  • First Open Lien Mortgage Lender: UNIVEST BANK AND TRUST CO.
  • First Open Lien Mortgage Recording Date: May 02, 2023
  • First Open Lien Mortgage Loan Amount: $420,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 28, 2028

    Market Valuation

  • Market Total Value: $122,700
  • Market Land Value: $54,400
  • Market Improvement Value: $68,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $122,700
  • Assessed Land Value: $54,400
  • Assessed Improvements Value: $68,300

    Sales

  • Current Sale Contract Date: Mar 28, 2023
  • Current Sale Recording Date: May 02, 2023
  • Current Sale Transaction ID: 11907191438
  • Current Sale Price: $400,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 14317
  • Previous Sale Recording Date: May 02, 2023
  • Previous Sale Contract Date: Mar 28, 2023
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVEST BANK AND TRUST CO.
  • First Mortgage Transaction Date: May 02, 2023
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 28, 2028

    Previous Mortgages

  • Previous Mortgage Lender: UNIVEST BANK AND TRUST CO.
  • Previous Mortgage Transaction Date: May 02, 2023
  • Previous Mortgage Loan Amount: $420,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 28, 2028

About Eastside



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Frequently Asked Questions

What neighborhood is 581 East 18th Street located in?
The 581 East 18th Street is a commercial located in the neighborhood of Eastside in Eastside, Paterson.
How many listings are currently for sale in 581 East 18th Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 581 East 18th Street?
The average sales price for units in 581 East 18th Street is $749,900 currently.

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