NOT LISTED FOR SALE

195 Summer St Passaic, NJ 07055

Estimated Value: $636,764 - $748,000

-- Bed
-- Bath
-- Sq Ft
784 Sq Ft Lot

Last Sold December 08, 2023

Last sale price $590,000

Est. 12% increase in value since last sale

Current estimated payment $4,616/month

38 Days on Market

About This Home

As of December 2023

This home is located at 195 Summer St, Passaic, NJ 07055 since 06 September 2023 and is currently estimated at $693,941. This property was built in 1920. 195 Summer St is a home located in Passaic County with nearby schools including Passaic High School # 12, Passaic Arts and Science Charter School, and St Nicholas Ukrainian Catholic School.

Last Agent to Sell the Property

Steven Porada

KELLER WILLIAMS CITY VIEWS Brokerage Phone: 888-501-6953 Listed on: 09/06/2023

KELLER WILLIAMS CITY VIEWS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,132

Year Built

  • Built in 1920

Lot Details

  • 784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,132

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Passaic
  • Street Number Display: 195
  • I D: 5242848
  • Modified: 2024-12-09
  • Number Images: 1
  • Attribution Contact: 888-501-6953
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Dec 7, 2023
Sold by
Summer Street Apartments Llc
Bought by
J Porada Properties Llc
Seller's Agent
Steven Porada
KELLER WILLIAMS CITY VIEWS
List Price
$699,000
Sold Price
$590,000
Premium/Discount to List
-$109,000
-15.59%
Views
56
Current Estimated Value
$658,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,485
Avg. Annual Appreciation
6.76%
Original Mortgage
$435,000
Outstanding Balance
$411,607
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$246,878

Purchase Details

Closed on
Mar 1, 2022
Sold by
Joseph Rios
Bought by
Summer Street Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2017
Closed on
Apr 11, 2018
Sold by
Dimaria Lorenzo
Bought by
Rios Joseph
Seller's Agent
ROBERTO SANCHEZ
UNITED REAL ESTATE
Buyer's Agent
Joseph Rios
UNICASA UNION REALTY INC
List Price
$359,900
Sold Price
$320,000
Premium/Discount to List
-$39,900
-11.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$239,063
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2015
Sold by
Sanchez Roberto A
Bought by
Dimaria Lorenzo

Purchase Details

Closed on
Dec 14, 2005
Sold by
Hughery Sandra
Bought by
Sanchez Roberto A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 7, 2003
Sold by
Bonilla Zacaias
Bought by
Hughery Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,700
Interest Rate
5.84%

Purchase Details

Closed on
Nov 13, 2000
Sold by
Sanchez Rigoberto
Bought by
Bonilla Zacarias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,610
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2000
Sold by
Bank Of New York
Bought by
Sanchez Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
8.21%

Purchase Details

Closed on
May 24, 1999
Sold by
Anthony Veronica A and Tulloch Blossom
Bought by
The Bank Of New York
Source: Public Records

Range of Values:

Collateral Analytics

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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
J Porada Properties Llc $590,000 Town Title
Summer Street Apartments Llc $650,000 First American Title
Rios Joseph $318,750 None Available
Dimaria Lorenzo $146,500 None Available
Sanchez Roberto A $320,000 --
Hughery Sandra $273,000 --
Bonilla Zacarias $170,000 --
Sanchez Rigoberto $97,000 Quest Title Agency Inc
The Bank Of New York $50,100 Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J Porada Properties Llc $435,000
Previous Owner Summer Street Apartments Llc $368,000
Previous Owner Rios Joseph $236,000
Previous Owner Rios Joseph $239,063
Previous Owner Sanchez Roberto A $320,000
Previous Owner Sanchez Roberto A $256,000
Previous Owner Hughery Sandra $245,700
Previous Owner Bonilla Zacarias $168,610
Previous Owner Sanchez Rigoberto $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $590,000 -15.6% --
10/14/2023 10/14/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $699,000 0.0% --
08/08/2023 08/08/23 For Rent -- -- --
06/27/2023 06/27/23 For Rent -- -- --
04/11/2018 04/11/18 Sold $320,000 -11.1% --
04/06/2018 04/06/18 Pending -- -- --
08/24/2017 08/24/17 For Sale $359,900 -- --
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
2024 $12,132 $303,000 $77,300 $225,700
2022 $11,769 $303,000 $77,300 $225,700
2021 $11,393 $303,000 $77,300 $225,700
2020 $11,305 $303,000 $77,300 $225,700
2019 $12,079 $328,500 $77,300 $251,200
2018 $11,819 $328,500 $77,300 $251,200
2017 $11,455 $328,500 $77,300 $251,200
2016 $11,064 $328,500 $77,300 $251,200
2015 $7,573 $100,000 $58,300 $41,700
2014 $7,434 $100,000 $58,300 $41,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Steven Porada

    KELLER WILLIAMS CITY VIEWS

    (201) 463-6607

    2 in this area

    11 Total Sales

    Section Image

  • R

    Seller's Agent in 2018

    ROBERTO SANCHEZ

    UNITED REAL ESTATE

  • Joseph Rios

    Buyer's Agent in 2018

    Joseph Rios

    UNICASA UNION REALTY INC

    (973) 557-5929

    1 in this area

    10 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3863131

Garden State MLS

APN: 07-02185-0000-00050

New Jersey Passaic County Passaic 07055

195 Summer St, Passaic, NJ

This home is located at 195 Summer St, Passaic, NJ 07055 since 06 September 2023 and is currently estimated at $693,941. This property was built in 1920. 195 Summer St is a home located in Passaic County with nearby schools including Passaic High School # 12, Passaic Arts and Science Charter School, and St Nicholas Ukrainian Catholic School.

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