NOT LISTED FOR SALE

264 Summer St Passaic, NJ 07055

Estimated Value: $488,000 - $667,293

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold August 26, 2014

Last sale price $200,000

Est. 185% increase in value since last sale

Current estimated payment $3,782/month

About This Home

As of August 2014

This home is located at 264 Summer St, Passaic, NJ 07055 since 26 August 2014 and is currently estimated at $569,073. 264 Summer St is a home located in Passaic County with nearby schools including Passaic High School # 12, Passaic Arts and Science Charter School, and St Nicholas Ukrainian Catholic School.

Last Agent to Sell the Property

Nancy Rodriguez

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 08/26/2014

Last Buyer's Agent

GLADYS MESONES

NICHOLAS REAL ESTATE AGENCY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,246

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,246

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 264
  • I D: 4439410
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 28X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2014
Closed on
Aug 26, 2014
Sold by
City Of Passaic
Bought by
Torres William A
Seller's Agent
Nancy Rodriguez
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
GLADYS MESONES
NICHOLAS REAL ESTATE AGENCY
Sold Price
$200,000
Current Estimated Value
$569,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,073
Avg. Annual Appreciation
9.96%
Original Mortgage
$158,730
Outstanding Balance
$120,294
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$448,779

Purchase Details

Closed on
Aug 31, 2010
Sold by
Us Bank Na
Bought by
City Of Passaic

Purchase Details

Closed on
Jan 19, 2010
Sold by
Passaic County Sheriff
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 22, 2005
Sold by
Melendez Manuel
Bought by
Melendez Manuel and Melendez Ursula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,250
Interest Rate
7.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 1997
Sold by
Streicher Michal
Bought by
Melendez Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,702
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Alexander Michael
Source: Public Records

Range of Values:

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
Torres William A $200,000 None Available
City Of Passaic $109,000 --
Us Bank Na $230,643 --
Melendez Manuel $600 --
Melendez Manuel $114,000 Fidelity National Title Ins
Alexander Michael $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres William $6,765
Open Torres William A $158,730
Closed Torres William A $200,000
Previous Owner City Of Passaic Nj $314,123
Previous Owner Melendez Manuel $211,250
Previous Owner Melendez Manuel $112,986
Previous Owner Melendez Manuel $113,702
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2014 08/26/14 Sold $200,000 -- --
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 $8,246 $200,000 $60,800 $139,200
2024 $8,008 $200,000 $60,800 $139,200
2022 $7,768 $200,000 $60,800 $139,200
2021 $7,520 $200,000 $60,800 $139,200
2020 $7,462 $200,000 $60,800 $139,200
2019 $7,354 $200,000 $60,800 $139,200
2018 $7,196 $200,000 $60,800 $139,200
2017 $6,974 $200,000 $60,800 $139,200
2016 $6,736 $200,000 $60,800 $139,200
2015 $6,339 $83,700 $54,800 $28,900
2014 -- $122,700 $54,800 $67,900
Source: Public Records

Agents Affiliated with this Home

  • Nancy Rodriguez

    Seller's Agent in 2014

    Nancy Rodriguez

    NICHOLAS REAL ESTATE AGENCY

    (973) 520-0904

    9 in this area

    88 Total Sales

    Nancy Rodriguez
    Section Image

  • G

    Buyer's Agent in 2014

    GLADYS MESONES

    NICHOLAS REAL ESTATE AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3133515

Garden State MLS

APN: 07-02190-0000-00009

New Jersey Passaic County Passaic 07011

264 Summer St, Passaic, NJ

This home is located at 264 Summer St, Passaic, NJ 07055 since 26 August 2014 and is currently estimated at $569,073. 264 Summer St is a home located in Passaic County with nearby schools including Passaic High School # 12, Passaic Arts and Science Charter School, and St Nicholas Ukrainian Catholic School.

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