NOT LISTED FOR SALE

159 Passaic Ave Summit, NJ 07901

Estimated Value: $849,867 - $947,000

2 Beds
2 Baths
1,245 Sq Ft
$725/Sq Ft Est. Value

Last Sold March 21, 2020

Last sale price $430,000 $345 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $5,732/month

72 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • High Ceiling
  • L C Johnson Summit Middle School Rated A+
  • Attic
  • Formal Dining Room

About This Home

As of March 2020

Great Opportunity**Charming 2 Bed, 2 Bath Colonial with Character & Style Await You. Potential Galore for Buyer or Contractor. Oversized Property Included (Lot 0089) "Expansion/Possible Subdivision" Home Needs a Llittle TLC But Has Fantastic Bones. Large Entry Foyer/Mud Rm, Updated EIK Kitchen, Large Living Room w/Wood Burning FP, Formal Dining Rm, Converted 3rd BR to 2nd Full Bath, (Chimney Liner & Furnace Replaced 2013, Electric 200 Amp Service) Full Unfinished Basement, 2 Car Detached Garage w/Loft Storage. Convenient Location to NYC Transportation (20 min walk to Old Springfield Ave Train), Bus, Top Ranked Schools, Downtown Shops and Restaurants..

Last Agent to Sell the Property

Jane Greene

COLDWELL BANKER REALTY Listed on: 01/08/2020

COLDWELL BANKER REALTY

Co-Listed By

LAUREN STONE

COLDWELL BANKER REALTY

Last Buyer's Agent

JOSEPH EBERLE

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,076

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 0.39 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Inside Entrance

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Washington Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Heating System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2918-00701-0000-00088-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,076

Year Built

Built in 1927 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1927
  • Year Built Description: Renovated
  • County Name: Union
  • Renovated Year: 2007
  • Street Number Display: 159
  • Directions: Morris Ave to Passaic Ave. or John F. Kennedy to River Rd to Passaic Ave
  • I D: 4951819
  • Modified: 2021-09-23
  • Number Images: 20
  • First Name: JANE
  • First Name2: LAUREN
  • First Name3: JOSEPH
  • Last Name: GREENE
  • Last Name2: STONE
  • Last Name3: EBERLE
  • Office Phone: 973-994-4323
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2007

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, OvnWElec, Refrigerator, CookGas, Dishwasher
  • Interior Amenities: TubShowr, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 6
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Laundry Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 13x10
  • Kitchen Level: First
  • Living Room Dim: 20x15
  • Living Room Level: First
  • Other Room 1: MudRoom
  • Other Room1 Level: First
  • Level 1 Rooms: Foyer, Living Room, Dining Room, InsdEntr, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Attic, Bath Main, Bath(s) Other
  • Phone: 973-994-4323

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Loft Storage, Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: From Furnace

Schools

  • Elementary School: Washington
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: .386 AC
  • Assessed Improvement Value: 80000
  • Assessed Land Value: 175400
  • Assessment: 255400
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 88
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.39

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11076
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-00701-0000-00088-0000-
  • Tax Rate Amount: 4.337
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2019
Sold by
Falco Christine and Waddington Joseph
Bought by
Akalin Serrat and Akalin Bahar Uyou
Current Estimated Value
$902,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,966
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2007
Sold by
Falco Christine
Bought by
Ryan Carolyn

Purchase Details

Closed on
Feb 8, 2006
Sold by
Ryan Carolyn M
Bought by
Falco Christine

Purchase Details

Closed on
Feb 1, 2002
Sold by
Pharmaceuticals Novartis
Bought by
Pocaro Delores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Akalin Serrat $430,000 Fidelity National Ttl Ins Co
Ryan Carolyn $525,525 --
Falco Christine $320,000 --
Pocaro Delores $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akalin Serrat $385,966
Previous Owner Pocaro Delores $283,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2020 03/21/20 Sold $430,000 -12.1% $345 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $489,000 -- $393 / Sq Ft
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
2025 $11,125 $255,400 $175,400 $80,000
2024 $11,051 $255,400 $175,400 $80,000
2023 $11,051 $255,400 $175,400 $80,000
2022 $10,939 $255,400 $175,400 $80,000
2021 $11,026 $255,400 $175,400 $80,000
2020 $11,135 $255,400 $175,400 $80,000
2019 $11,148 $255,400 $175,400 $80,000
2018 $11,077 $255,400 $175,400 $80,000
2017 $11,148 $255,400 $175,400 $80,000
2016 $10,985 $255,400 $175,400 $80,000
2015 $10,770 $255,400 $175,400 $80,000
2014 $10,492 $255,400 $175,400 $80,000
Source: Public Records

Agents Affiliated with this Home

  • Jane Greene

    Seller's Agent in 2020

    Jane Greene

    COLDWELL BANKER REALTY

    (973) 436-5166

    2 in this area

    172 Total Sales

    Jane Greene
    Section Image

  • L

    Seller Co-Listing Agent in 2020

    LAUREN STONE

    COLDWELL BANKER REALTY

  • J

    Buyer's Agent in 2020

    JOSEPH EBERLE

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3608343

Garden State MLS

APN: 18-00701-0000-00088

New Jersey Union County Summit 07901

159 Passaic Ave, Summit, NJ

This home is located at 159 Passaic Ave, Summit, NJ 07901 since 08 January 2020 and is currently estimated at $902,717, approximately $725 per square foot. This property was built in 1927. 159 Passaic Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and St. Patrick School.

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