NOT LISTED FOR SALE

250 Passaic Ave East Newark, NJ 07029

Estimated Value: $671,000 - $920,000

-- Bed
-- Bath
2,558 Sq Ft
$311/Sq Ft Est. Value

About This Home

This home is located at 250 Passaic Ave, East Newark, NJ 07029 and is currently estimated at $795,604, approximately $311 per square foot. 250 Passaic Ave is a home located in Hudson County with nearby schools including East Newark Public School, Kearny Christian Academy, and Marwah Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2003
Sold by
Costa Jose Paulo and Costa Maria Paula
Bought by
Sousa Joao
Current Estimated Value
$830,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2002
Sold by
Costa Pedro F
Bought by
Costa Jose Paulo and Costa Maria Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1998
Sold by
Borough Of East Newark
Bought by
Coastal Contracting & Development Inc

Purchase Details

Closed on
Oct 30, 1998
Sold by
Borough Of East Newark
Bought by
Borough Of East Newark

Purchase Details

Closed on
Nov 25, 1996
Sold by
Cassidy Joseph T
Bought by
U S Small Business Administration and Capital Impact Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,520
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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
Sousa Joao $350,000 Chicago Title Insurance Co
Costa Jose Paulo $300,000 --
Coastal Contracting & Development Inc $299,000 --
Borough Of East Newark -- --
Borough Of East Newark -- --
U S Small Business Administration -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sousa Joao $417,500
Closed Sousa Joao $86,900
Closed Sousa Joao $400,000
Previous Owner Sousa Joao $297,500
Previous Owner Costa Jose Paulo $300,000
Previous Owner U S Small Business Administration $710,520
Source: Public Records

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 $12,037 $428,200 $62,800 $365,400
2023 $12,037 $428,200 $62,800 $365,400
2022 $11,694 $428,200 $62,800 $365,400
2021 $11,634 $428,200 $62,800 $365,400
2020 $11,163 $428,200 $62,800 $365,400
2019 $11,167 $428,200 $62,800 $365,400
2018 $10,949 $428,200 $62,800 $365,400
2017 $10,851 $428,200 $62,800 $365,400
2016 $13,336 $144,500 $33,500 $111,000
2015 $13,097 $144,500 $33,500 $111,000
2014 $13,170 $144,500 $33,500 $111,000
Source: Public Records

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