Seller's Agent in 2021
Bruno Mele
COMPASS NEW JERSEY, LLC
(862) 368-7298
1 in this area
86 Total Sales
142 Passaic St Passaic, NJ 07055
Estimated Value: $930,162 - $953,000
4
Beds
4.5
Baths
99,999
Sq Ft
$9/Sq Ft
Est. Value
Highlights
- 3 Car Detached Garage
- Central Air
- Heating Available
- Living Room
About This Home
As of March 2021A gem like this does not come to market often! 5-unit investment opportunity has been maintained immaculately. Property features 4, 1-bedroom apartments, commercial space, and a covered garage with 4 parking spots in total. An amazing 7% cap rate that cannot be passed up. Roof has been replaced within the last 4 years. Central A/c and forced hot air. Conveniently located near RT 21 and a 10-minute walk to Garfield train station. Schedule your appointment today.
Last Agent to Sell the Property
COMPASS NEW JERSEY, LLC License #1645773 Listed on: 07/14/2020
Last Buyer's Agent
PATRICK DEAN
MICHAEL CERVELLI REAL ESTATE LLC License #2075320
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,600
Lot Details
- Lot Dimensions are 25 x100
Parking
- 3 Car Detached Garage
Home Design
- Brick Exterior Construction
- Stucco
Interior Spaces
- Multi-Level Property
- Living Room
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Central Air
- Heating Available
Community Details
- Insurance Expense $3,000
- Water Sewer Expense $500
Listing and Financial Details
- Exclusions: All personal property
- Legal Lot and Block 00032 / 01013
- Assessor Parcel Number 9615
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2020
Closed on
Mar 2, 2021
Sold by
Bought by
Seller's Agent
Bruno Mele
COMPASS NEW JERSEY, LLC
Buyer's Agent
PATRICK DEAN
MICHAEL CERVELLI REAL ESTATE LLC
List Price
$729,000
Sold Price
$715,000
Premium/Discount to List
-$14,000
-1.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,581
Avg. Annual Appreciation
5.32%
Original Mortgage
$536,250
Outstanding Balance
$480,710
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$460,871
Purchase Details
Closed on
Dec 13, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.39%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 4, 2003
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $715,000 | Mega Title Llc | ||
| $480,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $536,250 | ||
| Previous Owner | $360,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2021 03/03/21 | Sold | $715,000 | -1.9% | $7 / Sq Ft |
| 09/29/2020 09/29/20 | Pending | -- | -- | -- |
| 07/14/2020 07/14/20 | For Sale | $729,000 | -- | $7 / Sq Ft |
Source: Hudson County MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $14,686 | $356,200 | $110,200 | $246,000 |
| 2024 | $14,262 | $356,200 | $110,200 | $246,000 |
| 2022 | $13,835 | $356,200 | $110,200 | $246,000 |
| 2021 | $13,393 | $356,200 | $110,200 | $246,000 |
| 2020 | $13,290 | $356,200 | $110,200 | $246,000 |
| 2019 | $13,097 | $356,200 | $110,200 | $246,000 |
| 2018 | $12,816 | $356,200 | $110,200 | $246,000 |
| 2017 | $12,421 | $356,200 | $110,200 | $246,000 |
| 2016 | $11,997 | $356,200 | $110,200 | $246,000 |
| 2015 | $17,569 | $232,000 | $40,700 | $191,300 |
| 2014 | $17,247 | $232,000 | $40,700 | $191,300 |
Source: Public Records
Agents Affiliated with this Home
-
Bruno Mele
-
Corrado Giancaspro
Seller Co-Listing Agent in 2021
Corrado Giancaspro
CORCORAN SAWYER SMITH
(973) 517-1244
1 in this area
62 Total Sales
-
P
Buyer's Agent in 2021
PATRICK DEAN
MICHAEL CERVELLI REAL ESTATE LLC
Map
Source: Hudson County MLS
MLS Number: 202013933
APN: 07-01013-0000-00032
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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