NOT LISTED FOR SALE

171 Hope Ave Unit 2 Passaic, NJ 07055

Estimated Value: $504,000 - $664,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold April 29, 2015

Last sale price $205,000

Est. 198% increase in value since last sale

Current estimated payment $4,228/month

About This Home

As of April 2015

This home is located at 171 Hope Ave Unit 2, Passaic, NJ 07055 since 29 April 2015 and is currently estimated at $611,622. 171 Hope Ave Unit 2 is a home located in Passaic County with nearby schools including Passaic High School # 12, St Nicholas Ukrainian Catholic School, and Noble Leadership Academy.

Last Agent to Sell the Property

Fausto Codio

A 2ND CHANCE GROUP REALTY Brokerage Phone: 973-270-0303 Listed on: 04/29/2015

Last Buyer's Agent

Fausto Codio

A 2ND CHANCE GROUP REALTY Brokerage Phone: 973-270-0303 Listed on: 04/29/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,827

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,827

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 171
  • I D: 4482030
  • Modified: 2016-04-30
  • Number Images: 0
  • Attribution Contact: 973-270-0303
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X98
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2023
Sold by
Solis Ramon A
Bought by
423 Harrison St Llc
Current Estimated Value
$611,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
9.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2017
Sold by
Ortiz Jose R
Bought by
Solis Ramon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,954
Interest Rate
3.88%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 29, 2015
Closed on
Apr 29, 2015
Sold by
Aviles Giovanny F and Miranda Christian G
Bought by
Ortiz Jose R
Seller's Agent
Fausto Codio
A 2ND CHANCE GROUP REALTY
Buyer's Agent
Fausto Codio
A 2ND CHANCE GROUP REALTY
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
3.95%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2012
Sold by
Garabito Juan S
Bought by
Aviles Giovanny F and Miranda Christian G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,916
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2011
Sold by
Wells Fargo Bank Na
Bought by
Garabito Juan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,324
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,324
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 2010
Sold by
Passaic County Sheriff
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 6, 2008
Sold by
Hervias Rosa
Bought by
Rodriguez Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,500
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2007
Sold by
Dziechciarz Wanda
Bought by
Hervias Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,850
Interest Rate
6.41%
Mortgage Type
New Conventional
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
423 Harrison St Llc $416,000 Elite Title Group
Solis Ramon A $278,000 Title Agency Of New Jersey I
Ortiz Jose R $205,000 Alternative Abstract Llc
Aviles Giovanny F $240,000 None Available
Garabito Juan S $145,000 --
Wells Fargo Bank Na -- --
Federal Home Loan Mortgage Corporation $448,152 --
Rodriguez Marco $430,000 --
Hervias Rosa $243,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 423 Harrison St Llc $457,500
Closed 423 Harrison St Llc $312,000
Previous Owner Solis Ramon A $65,409
Previous Owner Solis Ramon A $272,954
Previous Owner Ortiz Jose R $201,286
Previous Owner Aviles Giovanny F $233,916
Previous Owner Garabito Juan S $141,324
Previous Owner Rodriguez Marco $408,500
Previous Owner Hervias Rosa $230,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2015 04/29/15 Sold $205,000 -- --
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 $10,827 $262,600 $62,300 $200,300
2024 $10,515 $262,600 $62,300 $200,300
2022 $10,199 $262,600 $62,300 $200,300
2021 $9,874 $262,600 $62,300 $200,300
2020 $9,798 $262,600 $62,300 $200,300
2019 $9,656 $262,600 $62,300 $200,300
2018 $9,448 $262,600 $62,300 $200,300
2017 $9,157 $262,600 $62,300 $200,300
2016 $8,844 $262,600 $62,300 $200,300
2015 $11,253 $148,600 $48,500 $100,100
2014 $11,047 $148,600 $48,500 $100,100
Source: Public Records

Agents Affiliated with this Home

  • Fausto Codio

    Seller's Agent in 2015

    Fausto Codio

    A 2ND CHANCE GROUP REALTY

    (973) 270-0307

    1 in this area

    26 Total Sales

    Fausto Codio
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3173413

Garden State MLS

APN: 07-04095-0000-00030

New Jersey Passaic County Passaic 07055

171 Hope Ave Unit 2, Passaic, NJ

This home is located at 171 Hope Ave Unit 2, Passaic, NJ 07055 since 29 April 2015 and is currently estimated at $611,622. 171 Hope Ave Unit 2 is a home located in Passaic County with nearby schools including Passaic High School # 12, St Nicholas Ukrainian Catholic School, and Noble Leadership Academy.

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