NOT LISTED FOR SALE

104 Richard St Passaic, NJ 07055

Estimated Value: $549,000 - $638,919

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold June 24, 2021

Last sale price $520,000

Est. 17% increase in value since last sale

Current estimated payment $4,175/month

54 Days on Market

About This Home

As of June 2021

This home is located at 104 Richard St, Passaic, NJ 07055 since 15 April 2021 and is currently estimated at $607,480. This property was built in 1925. 104 Richard St is a home located in Passaic County with nearby schools including Passaic High School # 12, Ybh Of Passaic-Hillel, and Collegiate School.

Last Agent to Sell the Property

WILSON MERCHAN

MERCHAN TEAM REALTY LLC. Brokerage Phone: 973-783-7400 Listed on: 04/15/2021

Last Buyer's Agent

WILSON MERCHAN

MERCHAN TEAM REALTY LLC. Brokerage Phone: 973-783-7400 Listed on: 04/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,182

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,182

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • County Name: Passaic
  • Street Number Display: 104
  • I D: 5063874
  • Modified: 2022-06-25
  • Number Images: 1
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X125
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 16, 2021
Sold by
Merlat Investors Group Llc
Bought by
Romero Cesar and Perez Irene
Seller's Agent
WILSON MERCHAN
MERCHAN TEAM REALTY LLC.
Buyer's Agent
WILSON MERCHAN
MERCHAN TEAM REALTY LLC.
List Price
$520,000
Sold Price
$520,000
Current Estimated Value
$607,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,480
Avg. Annual Appreciation
3.84%
Original Mortgage
$502,645
Outstanding Balance
$460,009
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$147,471

Purchase Details

Listed on
Oct 21, 2020
Closed on
Jan 6, 2021
Sold by
Casiano Olga M and Estate Of Ilia Pagan Cruz
Bought by
Merlat Investors Group Llc
Seller's Agent
Sandra Velasquez
3SIXTY REALTY LLC
Buyer's Agent
Sandra Velasquez
3SIXTY REALTY LLC
List Price
$335,000
Sold Price
$329,000
Premium/Discount to List
-$6,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
176.56%
Original Mortgage
$349,500
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2001
Sold by
Patel Yakub
Bought by
Pagan Ilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
7.04%

Purchase Details

Closed on
Jul 30, 1998
Sold by
Naik Bharat P and Naik Divya Prabha B
Bought by
Patel Yakub M and Patel Zarinay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
6.92%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Romero Cesar $520,000 Belmont Ttl & Setmnt Svcs Ll
Merlat Investors Group Llc $329,000 Prestige Title Agency Nos
Pagan Ilia $215,000 --
Patel Yakub M $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Cesar $502,645
Previous Owner Merlat Investors Group Llc $349,500
Previous Owner Merlat Investors Group Llc $349,500
Previous Owner Pagan Ilia $204,250
Previous Owner Patel Yakub M $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Sold $520,000 0.0% --
06/08/2021 06/08/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $520,000 +58.1% --
01/11/2021 01/11/21 Sold $329,000 -1.8% --
10/30/2020 10/30/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $335,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,182 $254,300 $84,300 $170,000
2022 $9,877 $254,300 $84,300 $170,000
2021 $9,562 $254,300 $84,300 $170,000
2020 $9,488 $254,300 $84,300 $170,000
2019 $9,351 $254,300 $84,300 $170,000
2018 $9,150 $254,300 $84,300 $170,000
2017 $8,867 $254,300 $84,300 $170,000
2016 $8,565 $254,300 $84,300 $170,000
2015 $9,603 $126,800 $58,800 $68,000
2014 $9,426 $126,800 $58,800 $68,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    WILSON MERCHAN

    MERCHAN TEAM REALTY LLC.

  • S

    Seller's Agent in 2021

    Sandra Velasquez

    3SIXTY REALTY LLC

    (973) 337-7228

    8 in this area

    52 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3705579

Garden State MLS

APN: 07-03271-01-00009

New Jersey Passaic County Passaic 07055

104 Richard St, Passaic, NJ

This home is located at 104 Richard St, Passaic, NJ 07055 since 15 April 2021 and is currently estimated at $607,480. This property was built in 1925. 104 Richard St is a home located in Passaic County with nearby schools including Passaic High School # 12, Ybh Of Passaic-Hillel, and Collegiate School.

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