$550,000
PENDING

2 Terry St Passaic, NJ 07055

Estimated payment $3,901/month

Total Views 19,386
8 Beds
5.5 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

A cash cow in Passaic Park, a safe community, it is only two blocks from the biggest & most beautiful park in town. If you work in NYC, you will appreciate its 8m walk to Passaic Train Station. This spacious newly renovated (in 2017) 2 family house with 4 BRs 2 Baths in each unit will relax you quickly! Brand new kitchen with ceramic tiles and hard surfice floors with backyard access will provide great functionality for weekend entertainment! This is the perfect place to live in and collect strong cash flow at the same time. Both units are month to month, a deep clean will make it perfect! The deed says 2 Terry st, but the actually # on the house is 4 Terry. Approved short sale at 550k

Listing Agent

Paul Verdicchio

Halo Realty Listed on: 01/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,637

Lot Details

  • 3,300 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00014 / 03270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,637

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 848-229-1810
  • MLS Status: Under Contract - Under Contract
  • Directions: Main to Terry
  • Architectural Style: 2 Family
  • Year Built Details: 2010's,Renovated
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 8

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Dimensions: 37.5*88
  • Lot Size Sq Ft: 3300.0

Tax Info

  • Tax Annual Amount: 11637.0
  • Tax Block: 03270
  • Tax Lot: 00014

Map

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

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 $13,812 $335,000 $85,700 $249,300
2024 $13,413 $335,000 $85,700 $249,300
2022 $13,011 $335,000 $85,700 $249,300
2021 $11,727 $311,900 $85,700 $226,200
2020 $11,637 $311,900 $85,700 $226,200
2019 $11,469 $311,900 $85,700 $226,200
2018 $11,222 $311,900 $85,700 $226,200
2017 $9,802 $281,100 $85,700 $195,400
2016 $9,467 $281,100 $85,700 $195,400
2015 $9,406 $124,200 $58,600 $65,600
2014 $9,233 $124,200 $58,600 $65,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $550,000 0.0% --
02/13/2025 02/13/25 Pending -- -- --
02/12/2025 02/12/25 Off Market $550,000 -- --
01/24/2025 01/24/25 For Sale $550,000 -- --
Source: New Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed -- Techno Title & Abstract
Deed -- Techno Title & Abstract
Bargain Sale Deed $186,309 Title On Demand Of Nj
Sheriffs Deed -- Attorney
Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $384,000 No Value Available
Previous Owner $1,067,250 Stand Alone Refi Refinance Of Original Loan
Previous Owner $169,000 Construction
Previous Owner $148,773 FHA
Source: Public Records

Source: New Jersey MLS

MLS Number: 25002733

New Jersey MLS

APN: 07-03270-02-00014