NOT LISTED FOR SALE

146 Passaic St Passaic, NJ 07055

Estimated Value: $845,946

-- Bed
-- Bath
3,465 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $750,000 $216 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,585/month

116 Days on Market

About This Home

As of June 2023

This Turn Key Ready Investment Unit is Located in An Up and Coming Area of Passaic, NJ. This Well Maintained Income Producing Property with Adjoining Vacant Lot, Currently Generates Rental Income with 9-10 Parking Spaces. 1st Floor comes with a Commercial Space currently occupied by a Grocery Store which occupies 100% of 1st Fl. 2nd Floor of Property consist of residential space with a State of New Jersey Department of Community Affairs Class A Rooming House License for a total of 4 Units which expires February 28, 2023. Rooming Area Comes with a Communal Bathroom and utilities are included in rent. The 4 Rooming Units of the property are renting below market value. 2nd Floor also has a Recently Renovated 1 Bedroom Apartment providing a higher rent roll. Floors have Separate Utilities. Property is located within walking distance to Mass Transportation, Shops, Restaurants, Schools, Parks, and Houses of Worship. Quick Access to Rt 20, Rt 21, Rt 3, Rt 46 and Garden State Parkway.

Last Agent to Sell the Property

Ismael Medina

Buildings Realty, LLC Listed on: 09/26/2022

Co-Listed By

Xavier Rodriguez

Buildings Realty, LLC

Last Buyer's Agent

Xavier Rodriguez

Buildings Realty, LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,674

Year Built

  • 1940

Lot Details

  • 5,009

Home Design

  • Flat Roof Shape

Property Details

Property Type

Other

Est. Annual Taxes

$9,674

Year Built

1940

Lot Details

0

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: (973) 246-7040
  • MLS Status: Sold - Sold
  • Directions: Market Street to Passaic Street
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Rtl/Apt
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1940

Exterior Features

  • Roof: Flat

Lot Info

  • Lot: 00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
May 17, 2023
Sold by
Kaye Migdalia
Bought by
Las Cinco Flores Llc
Seller's Agent
Ismael Medina
Buildings Realty, LLC
Buyer's Agent
Xavier Rodriguez
Buildings Realty, LLC
List Price
$750,000
Sold Price
$750,000
Total Days on Market
116
Current Estimated Value
$845,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,946
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Jul 17, 2007
Sold by
Vazquez Roman and Vazquez Sarai
Bought by
Vazquez Roman and Vazquez Sarai
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
Las Cinco Flores Llc $750,000 None Listed On Document
Vazquez Roman -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $750,000 0.0% $216 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
09/26/2022 09/26/22 For Sale $750,000 -- $216 / Sq Ft
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 $10,302 $257,300 $127,500 $129,800
2022 $9,994 $257,300 $127,500 $129,800
2021 $9,674 $257,300 $127,500 $129,800
2020 $9,600 $257,300 $127,500 $129,800
2019 $9,461 $257,300 $127,500 $129,800
2018 $9,258 $257,300 $127,500 $129,800
2017 $8,972 $257,300 $127,500 $129,800
2016 $8,666 $257,300 $127,500 $129,800
2015 $11,579 $152,900 $43,800 $109,100
2014 $11,367 $152,900 $43,800 $109,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22035452

New Jersey MLS

APN: 07-01013-0000-00029