NOT LISTED FOR SALE

16 Passaic Ave Summit, NJ 07901

Estimated Value: $764,000 - $993,000

-- Bed
-- Bath
1,275 Sq Ft
$696/Sq Ft Est. Value

About This Home

This home is located at 16 Passaic Ave, Summit, NJ 07901 and is currently estimated at $887,297, approximately $695 per square foot. 16 Passaic Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2010
Sold by
Velazquez Radames
Bought by
Sharry Amy Jean
Current Estimated Value
$923,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,216
Outstanding Balance
$233,435
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$653,862

Purchase Details

Closed on
Sep 19, 2008
Sold by
J&P Homes Development Llc
Bought by
Velazquez Radames

Purchase Details

Closed on
Nov 15, 2007
Sold by
Velazquez Radames
Bought by
J&P Homes Development Llc

Purchase Details

Closed on
Jan 30, 2007
Sold by
Gingeleskie Justin J and Gingeleskie Catherine G
Bought by
Velazquez Radames

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,312
Interest Rate
7.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Sharry Amy Jean $360,000 Multiple
Velazquez Radames -- None Available
J&P Homes Development Llc -- None Available
Velazquez Radames $462,890 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharry Amy Jean $355,216
Previous Owner Velazquez Radames $370,312
Source: Public Records

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 $10,533 $241,800 $108,800 $133,000
2024 $10,463 $241,800 $108,800 $133,000
2023 $10,463 $241,800 $108,800 $133,000
2022 $10,356 $241,800 $108,800 $133,000
2021 $10,439 $241,800 $108,800 $133,000
2020 $10,542 $241,800 $108,800 $133,000
2019 $9,983 $228,700 $108,800 $119,900
2018 $9,919 $228,700 $108,800 $119,900
2017 $9,983 $228,700 $108,800 $119,900
2016 $9,660 $224,600 $108,800 $115,800
2015 $9,471 $224,600 $108,800 $115,800
2014 $9,227 $224,600 $108,800 $115,800
Source: Public Records

Map

New Jersey Union County Summit 07901

16 Passaic Ave, Summit, NJ

Not Listed for Sale

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