123 Passaic St Unit 5 Passaic, NJ 07055
Estimated Value: $1,274,000 - $2,158,302
            
                1
                Bed
            
            
            
                1
                Bath
            
            
            
                --
                Sq Ft
            
            
                    
                        2,483
                        Sq Ft Lot
                    
                    
        
    
    
About This Home
This home is located at 123 Passaic St Unit 5, Passaic, NJ 07055 and is currently estimated at $1,716,151. 123 Passaic St Unit 5 is a home located in Passaic County with nearby schools including Passaic High School # 12, Passaic Arts & Science Charter School, and Noble Leadership Academy.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jun 9, 2021
            
        
                Sold by
            
            
                123 Passaic Realty Llc
            
        
                Bought by
            
            
                Hq Apartments Llc
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $1,154,000
            
        
                Outstanding Balance
            
            
                $961,371
            
        
                Interest Rate
            
            
                2.9%
            
        
                Mortgage Type
            
            
                Commercial
            
        
                Estimated Equity
            
            
                $754,780
            
        Purchase Details
                Closed on
            
            
                Apr 26, 2021
            
        
                Sold by
            
            
                123 Passaic Realty Llc
            
        
                Bought by
            
            
                Hq Apartments Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $1,154,000
            
        
                Outstanding Balance
            
            
                $961,371
            
        
                Interest Rate
            
            
                2.9%
            
        
                Mortgage Type
            
            
                Commercial
            
        
                Estimated Equity
            
            
                $754,780
            
        Purchase Details
                Closed on
            
            
                Feb 25, 2019
            
        
                Sold by
            
            
                123 Passaic Street Llc
            
        
                Bought by
            
            
                123 Passaic Realty Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $937,500
            
        
                Interest Rate
            
            
                4.4%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Feb 14, 2013
            
        
                Sold by
            
            
                Castro Rafael
            
        
                Bought by
            
            
                123 Passaic Street Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $1,983
            
        
                Interest Rate
            
            
                3.44%
            
        
                Mortgage Type
            
            
                Commercial
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Hq Apartments Llc | $1,510,000 | Land Track Title | |
| Hq Apartments Llc | $1,510,000 | Land Track Title Agency Llc | |
| 123 Passaic Realty Llc | $1,250,000 | Riverside Abstract Llc | |
| 123 Passaic Street Llc | $800,000 | First Ameican Title Ins | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Hq Apartments Llc | $1,154,000 | |
| Previous Owner | Hq Apartments Llc | $1,154,000 | |
| Previous Owner | 123 Passaic Realty Llc | $937,500 | |
| Previous Owner | 123 Passaic Street Llc | $1,983 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | 
|---|---|---|---|---|
| 2025 | $31,570 | $765,700 | $32,500 | $733,200 | 
| 2024 | $30,659 | $765,700 | $32,500 | $733,200 | 
| 2022 | $29,740 | $765,700 | $32,500 | $733,200 | 
| 2021 | $28,790 | $765,700 | $32,500 | $733,200 | 
| 2020 | $28,568 | $765,700 | $32,500 | $733,200 | 
| 2019 | $28,155 | $765,700 | $32,500 | $733,200 | 
| 2018 | $27,550 | $765,700 | $32,500 | $733,200 | 
| 2017 | $29,490 | $845,700 | $32,500 | $813,200 | 
| 2016 | $28,483 | $845,700 | $32,500 | $813,200 | 
| 2015 | $19,084 | $252,000 | $122,500 | $129,500 | 
| 2014 | $18,734 | $252,000 | $122,500 | $129,500 | 
                Source: Public Records
                    
            
        Map
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