NOT LISTED FOR SALE

12 Jackson St Passaic, NJ 07055

Estimated Value: $539,000 - $676,000

5 Beds
3 Baths
-- Sq Ft
3,511 Sq Ft Lot

Last Sold January 26, 2018

Last sale price $175,300

Est. 250% increase in value since last sale

Current estimated payment $4,343/month

10 Days on Market

Highlights

  • Property is near a park
  • Laundry Facilities
  • Rectangular Lot

About This Home

As of January 2018

HUD Home. Sold 'AS IS' by elec. bid only. SALE PENDING WITH BID RESULT 10/30/17 until sold. INTERIOR GLA 2,412 SQ.FT. BUILT YEAR 1900. State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, 2 units, Estimated remaining economic life is below 30 years, Repairs exceed $10,000. Repairs may include but not limited to structure, electrical, roof, HVAC, and plumbing; Inspection recommended, Needed repairs: Furnaces need replacement. Plumbing system did not hold pressure. Water heater; sink; soffit/fascia; interior walls; smoke and CO detectors. Defective paint surfaces. Uninsured-Eligible for 203K Financing. FINANCE TERMS: FHA,CASH AND CONVENTIONAL. PLZ FIND INCLUDED LBP DISCLOSURE AND NJMLS ADDENDUM FOR DISCLOSURE.

Last Listed By

Yoon Whang

Safeway Realty Group Listed on: 10/23/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,167

Year Built

  • 1900

Lot Details

  • 3,511 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built before the 1900s
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 160704070 00047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,167

Year Built

1900

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Views/Exposure: None
  • Year Built (Public Record): Pre 1900
  • Miscellaneous: None
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 14
  • Fireplace: None
  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Full, Unfinished
  • Laundry: Basement

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: None

Utilities

  • Heating: Electric, Gas, O/See Remk, Radiators
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: None

Lot Info

  • County Name: PASSAIC
  • Lot: 00047
  • Estimated Lot Sq Ft: 3511
  • Lot Description: Regular

Tax Info

  • Tax: 9167
  • Assessor Parcel Number: 160704070 00047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Jan 26, 2018
Sold by
Secretary Of Hud
Bought by
Averanga Walter C
Seller's Agent
Yoon Whang
Safeway Realty Group
Buyer's Agent
Outside Agent
Outside Office
List Price
$145,000
Sold Price
$175,300
Premium/Discount to List
$30,300
20.9%
Total Days on Market
10
Current Estimated Value
$613,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,367
Avg. Annual Appreciation
18.61%
Original Mortgage
$209,391
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 2017
Sold by
Citimortgage Inc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 10, 2016
Sold by
Garcia Padro and Martinez Francisca
Bought by
Citimortgage Inc

Purchase Details

Closed on
Apr 22, 2005
Sold by
Yankiwska Orysia
Bought by
Garcia Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,623
Interest Rate
6.01%
Mortgage Type
FHA

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
Averanga Walter C $175,300 Red Bank Title Agency
The Secretary Of Housing & Urban Develop -- Servicelink
Citimortgage Inc $541,549 None Available
Garcia Pedro $348,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Averanga Walter C $265,000
Closed Averanga Walter C $209,391
Previous Owner Garcia Pedro $342,623
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2018 01/26/18 Sold $175,300 +20.9% --
11/02/2017 11/02/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $145,000 -- --
Source: New Jersey 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 $10,899 $272,200 $64,200 $208,000
2022 $10,572 $272,200 $64,200 $208,000
2021 $10,235 $272,200 $64,200 $208,000
2020 $10,156 $272,200 $64,200 $208,000
2019 $10,009 $272,200 $64,200 $208,000
2018 $9,794 $272,200 $64,200 $208,000
2017 $9,492 $272,200 $64,200 $208,000
2016 $9,168 $272,200 $64,200 $208,000
2015 $9,807 $129,500 $49,500 $80,000
2014 $9,627 $129,500 $49,500 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1742407

New Jersey MLS

APN: 07-04070-0000-00047