NOT LISTED FOR SALE

242 Spring St Passaic, NJ 07055

Estimated Value: $562,952 - $649,000

Studio
-- Bath
1,264 Sq Ft
$485/Sq Ft Est. Value

About This Home

This home is located at 242 Spring St, Passaic, NJ 07055 and is currently estimated at $613,238, approximately $485 per square foot. 242 Spring St is a home located in Passaic County with nearby schools including Passaic High School # 12, Yeshiva Ktana Of Passaic Boys, and St Clare Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2016
Sold by
Faulkner Wynn A and Faulkner Christine L
Bought by
Meisels Meir and Meisels Sara
Current Estimated Value
$613,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Outstanding Balance
$23,739
Interest Rate
3.58%
Mortgage Type
Unknown
Estimated Equity
$589,499

Purchase Details

Closed on
Jul 23, 1993
Bought by
Faulkner Christine and Wynn Faulkner
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Meisels Meir $295,000 Chicago Title Ins Co
Faulkner Christine $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meisels Meir $29,500
Open Meisels Meir $236,000
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 $9,508 $230,600 $115,400 $115,200
2024 $9,233 $230,600 $115,400 $115,200
Source: Public Records

Map

New Jersey Passaic County Passaic 07014

242 Spring St, Passaic, NJ

Not Listed for Sale

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