NOT LISTED FOR SALE

16 Rutgers Place Passaic, NJ 07055

Estimated Value: $765,000

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold November 25, 2019

Last sale price $470,000

Est. 63% increase in value since last sale

Current estimated payment $5,248/month

44 Days on Market

About This Home

As of November 2019

This home is located at 16 Rutgers Place, Passaic, NJ 07055 since 02 July 2019 and is currently estimated at $765,000. 16 Rutgers Place is a home located in Passaic County with nearby schools including Passaic High School # 12, Yeshiva Ktana Of Passaic Boys, and Yeshiva Ktana Of Passaic Girls.

Last Agent to Sell the Property

FELIX F. RODRIGUEZ

UNITED REAL ESTATE Brokerage Phone: 973-684-1110 Listed on: 07/02/2019

Last Buyer's Agent

BRENDAN DASILVA

KELLER WILLIAMS - NJ METRO GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,447

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,447

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 16
  • I D: 4911961
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 973-684-1110
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33X118
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2019
Closed on
Nov 25, 2019
Sold by
Maldonado Juan and Maldonado Mercedes Hernandez
Bought by
Moreira Leonardo
Seller's Agent
FELIX F. RODRIGUEZ
UNITED REAL ESTATE
Buyer's Agent
BRENDAN DASILVA
KELLER WILLIAMS - NJ METRO GROUP
List Price
$427,900
Sold Price
$470,000
Premium/Discount to List
$42,100
9.84%
Current Estimated Value
$765,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,000
Avg. Annual Appreciation
8.58%
Original Mortgage
$461,487
Outstanding Balance
$405,660
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$359,340

Purchase Details

Closed on
Nov 29, 2010
Sold by
Perez Modesto and Perez Raquel
Bought by
Maldonado Juan and Maldonado Mercedes Hernandez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,345
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2007
Sold by
Cruz Elizabeth
Bought by
Perez Modesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
Genao Emeyra
Bought by
Cruz Elizabeth and Perez Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,747
Interest Rate
5.81%

Purchase Details

Closed on
Aug 23, 1999
Sold by
Arellano Edmundo H and Arellano Erlinda R
Bought by
Genao Emeyra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,847
Interest Rate
7.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Moreira Leonardo $470,000 True Value Title Llc
Maldonado Juan $275,000 --
Perez Modesto $520,000 --
Cruz Elizabeth $340,000 --
Genao Emeyra $175,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreira Leonardo $461,487
Previous Owner Maldonado Juan $271,345
Previous Owner Perez Modesto $416,000
Previous Owner Cruz Elizabeth $334,747
Previous Owner Genao Emeyra $174,847
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2019 11/25/19 Sold $470,000 +9.8% --
08/15/2019 08/15/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $427,900 -- --
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 $14,447 $350,400 $102,300 $248,100
2024 $14,030 $350,400 $102,300 $248,100
2022 $13,610 $350,400 $102,300 $248,100
2021 $13,175 $350,400 $102,300 $248,100
2020 $13,073 $350,400 $102,300 $248,100
2019 $12,884 $350,400 $102,300 $248,100
2018 $12,607 $350,400 $102,300 $248,100
2017 $12,218 $350,400 $102,300 $248,100
2016 $11,801 $350,400 $102,300 $248,100
2015 $11,980 $158,200 $69,900 $88,300
2014 $11,761 $158,200 $69,900 $88,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3570336

Garden State MLS

APN: 07-01262-0000-00021