NOT LISTED FOR SALE

248 Lafayette Ave Passaic, NJ 07055

Estimated Value: $815,000 - $1,052,197

-- Bed
-- Bath
-- Sq Ft
8,276 Sq Ft Lot

Last Sold December 10, 2020

Last sale price $695,000

Est. 40% increase in value since last sale

Current estimated payment $6,961/month

299 Days on Market

About This Home

As of December 2020

This home is located at 248 Lafayette Ave, Passaic, NJ 07055 since 15 December 2019 and is currently estimated at $972,799. This property was built in 1920. 248 Lafayette Ave is a home located in Passaic County with nearby schools including Passaic High School # 12, Ybh Of Passaic-Hillel, and Yeshiva Ktana Of Passaic Girls.

Last Agent to Sell the Property

Kevin Camacho

REALTY EXECUTIVES PROPERTY SQUAD Brokerage Phone: 973-663-1660 Listed on: 12/15/2019

REALTY EXECUTIVES PROPERTY SQUAD

Last Buyer's Agent

Odalys Ibarra

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,062

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,062

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Passaic
  • I D: 4949124
  • Attribution Contact: 973-663-1660
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 45X182
  • Total Acres: 0.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2019
Closed on
Dec 9, 2020
Sold by
Esposito Nuncio V and Esposito Liliana G
Bought by
Villafuerte Ramon
Seller's Agent
Kevin Camacho
REALTY EXECUTIVES PROPERTY SQUAD
Buyer's Agent
Odalys Ibarra
COLDWELL BANKER REALTY
List Price
$795,000
Sold Price
$695,000
Premium/Discount to List
-$100,000
-12.58%
Current Estimated Value
$972,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,799
Avg. Annual Appreciation
6.99%
Original Mortgage
$425,000
Interest Rate
2.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

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ICE

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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
Villafuerte Ramon $695,000 Westcor Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villafuerte Ramon $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2020 12/10/20 Sold $695,000 -12.6% --
10/09/2020 10/09/20 Pending -- -- --
12/15/2019 12/15/19 For Sale $795,000 -- --
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 $22,062 $535,100 $133,500 $401,600
2024 $21,425 $535,100 $133,500 $401,600
2022 $20,783 $535,100 $133,500 $401,600
2021 $20,120 $535,100 $133,500 $401,600
2020 $19,965 $535,100 $133,500 $401,600
2019 $19,676 $535,100 $133,500 $401,600
2018 $21,052 $585,100 $133,500 $451,600
2017 $21,794 $625,000 $133,500 $491,500
2016 $21,050 $625,000 $133,500 $491,500
2015 $14,760 $194,900 $78,400 $116,500
2014 $14,489 $194,900 $78,400 $116,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kevin Camacho

    REALTY EXECUTIVES PROPERTY SQUAD

    1 in this area

    2 Total Sales

    Kevin Camacho
    Section Image
  • Odalys Ibarra

    Buyer's Agent in 2020

    Odalys Ibarra

    COLDWELL BANKER REALTY

    (201) 673-3328

    1 in this area

    27 Total Sales

    Odalys Ibarra
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3605563

Garden State MLS

APN: 07-03214-0000-00004

New Jersey Passaic County Passaic 07055

248 Lafayette Ave, Passaic, NJ

Not Listed for Sale

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