NOT LISTED FOR SALE

196-198 Burgess Place Unit 4 Passaic, NJ 07055

Estimated Value: $503,931 - $899,000

2 Beds
1 Bath
-- Sq Ft
5,750 Sq Ft Lot

About This Home

As of September 2024

SPECTACULAR Fourplex, Close To Clifton Border! 2 Floor Luxury Rental Completely Renovated! This Gorgeous Unit Features A Kitchen With Granite Countertops and Stainless Appliances/ Living Room, 2 Bedrooms And A A Beautifully Tiled Bath On The First Floor. Second Floor Features An Extra Large Amazing Room, Plus Laundry Room With Hook Ups.. Tons Of Light! Can Be Used As a Family Room, Media Room Or Whatever Fits Your Needs. Hardwood Floors Throughout! Central Air! EVERYTHING Is Brand New / Top Of The Line!! This is Luxury Living At It Finest! All Separate Utilities! .Close to Stores, Transportation, Restaurants Etc....Required : Interview, Tenant Application, Credit Report, Proof Of Funds, 1.5 Month Security, 1 Month Broker Fee,...Can Rent A Garage If Needed!! All applicants must meet All Criteria.

Last Agent to Rent the Property

Grace Iosco

United Real Estate Listed on: 08/19/2024

United Real Estate

Last Renter's Agent

Grace Iosco

United Real Estate Listed on: 08/19/2024

United Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,892

Year Built

  • 1930

Lot Details

  • 5,750

Home Design

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,892

Year Built

1930

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: Gas Dryer Hookup, In Unit
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Microwave, Ov/Rang/Gs, Water
  • Reso Association Amenities: None
  • Reso Pets Allowed: No
  • Co List Office Phone: (888) 501-6953
  • MLS Status: Leased - Leased
  • Directions: Main Or Paulison To Burgess #196-198
  • Reso Fireplace Features: None
  • Year Built Details: 2020's
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1930

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Gas
  • Heating: Natural Gas

Lot Info

  • Lot: 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2020
Sold by
Heavens Gate Christian Fellowship
Bought by
City Garden Complex Llc
Current Estimated Value
$707,483

Purchase Details

Closed on
Jan 14, 2019
Sold by
Kopic Marko
Bought by
Heaven S Gate Christian Fellowship Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 27, 2018
Sold by
Stone Mary and Bell Jennifer
Bought by
Kopic Marko

Purchase Details

Closed on
Nov 14, 1995
Sold by
Lederman Evin
Bought by
Stone Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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
City Garden Complex Llc $321,000 None Listed On Document
City Garden Complex Llc $321,000 None Listed On Document
Heaven S Gate Christian Fellowship Inc $260,000 New Era Title
Kopic Marko $328,595 None Available
Stone Mary $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heaven S Gate Christian Fellowship Inc $210,000
Previous Owner Stone Mary $532,500
Previous Owner Stone Mary $121,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Rented $2,500 0.0% --
08/19/2024 08/19/24 For Rent $2,500 -- --
Source: New Jersey 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 $18,892 $458,200 $78,800 $379,400
2024 $18,346 $458,200 $78,800 $379,400
2022 $12,161 $313,100 $78,800 $234,300
2021 $11,773 $313,100 $78,800 $234,300
2020 $11,682 $313,100 $78,800 $234,300
2019 $11,513 $313,100 $78,800 $234,300
2018 $11,265 $313,100 $78,800 $234,300
2017 $10,918 $313,100 $78,800 $234,300
2016 $10,545 $313,100 $78,800 $234,300
2015 $9,943 $131,300 $57,800 $73,500
2014 $9,761 $131,300 $57,800 $73,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24026843

New Jersey MLS

APN: 07-02187-0000-00017