NOT LISTED FOR SALE

281 Summer St Passaic, NJ 07055

Passaic Area

Estimated Value: $540,000 - $652,115

Studio
-- Baths
-- Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: June 19, 2019

Last sale price $330,000

Est. 79% increase in value since last sale

Current estimated payment $3,925 / mo

33 Days on Market

About This Home

As of June 2019

This home is located at 281 Summer St, Passaic, NJ 07055 since 29 March 2019 and is currently estimated at $590,779. This property was built in 1920. 281 Summer St is a home located in Passaic County with nearby schools including Passaic High School # 12, Bright Start Academy, and Passaic Arts and Science Charter School.

Last Agent to Sell the Property

Patricia Elmahdy

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 03/29/2019

Last Buyer's Agent

Doreen Darquea

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Year Built: 1920
  • County Name: Passaic
  • I D: 4883024
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Jun 14, 2019
Sold by
Bought by
Seller's Agent
Patricia Elmahdy
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
Doreen Darquea
COLDWELL BANKER REALTY
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Current Estimated Value
$590,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,779
Avg. Annual Appreciation
8.46%
Original Mortgage
$302,197
Outstanding Balance
$259,286
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$331,493

Purchase Details

Closed on
Jul 17, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Passaic, NJ

  • Mary Sheeran Real Estate Agent - Keller Williams Realty Metropolitan

    Mary Sheeran

    Keller Williams Realty Metropolitan

    (862) 244-1879

    435 Total Sales

    2 in Passaic

    $170,000 Price Range

    Mary Sheeran
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  • Rachele JeanLouis Real Estate Agent - HomeQuest Realty Group, LLC

    Rachele JeanLouis

    HomeQuest Realty Group, LLC

    (908) 332-9426

    66 Total Sales

    2 in Passaic

    $650,000 Price Range

    Rachele JeanLouis
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  • Monis Young Real Estate Agent - EXCLUSIVE PROPERTIES REALTY

    Monis Young

    EXCLUSIVE PROPERTIES REALTY

    (973) 949-0607

    98 Total Sales

    2 in Passaic

    $535,000 Price Range

    Monis Young
     Section Image
  • Tanya Bressel Real Estate Agent - EXP Realty, LLC

    Tanya Bressel

    EXP Realty, LLC

    (862) 292-2254

    104 Total Sales

    52 in Passaic

    $105K - $1.3M Price Range

    Tanya Bressel
     Section Image
  • Kaitlyn Siracusa Real Estate Agent - The Agency One Rock-Morristown

    Kaitlyn Siracusa

    The Agency One Rock-Morristown

    (908) 529-8560

    80 Total Sales

    2 in Passaic

    $455,000 Price Range

    Kaitlyn Siracusa
     Section Image
  • Frank LaMorte Real Estate Agent - LATTIMER REALTY

    Frank LaMorte

    LATTIMER REALTY

    (862) 298-5327

    173 Total Sales

    1 in Passaic

    $395,000 Price

    Frank LaMorte
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$330,000 Safe Land Title Agency Llc
$111,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $302,197
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/19/2019 06/19/19 Sold $330,000 -5.4% --
05/01/2019 05/01/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $349,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,205 $192,700 $62,500 $130,200
2025 $8,205 $192,700 $62,500 $130,200
2024 $7,716 $192,700 $62,500 $130,200
2022 $7,484 $192,700 $62,500 $130,200
2021 $7,246 $192,700 $62,500 $130,200
2020 $7,190 $192,700 $62,500 $130,200
2019 $7,086 $192,700 $62,500 $130,200
2018 $6,933 $192,700 $62,500 $130,200
2017 $6,719 $192,700 $62,500 $130,200
2016 $6,490 $192,700 $62,500 $130,200
2015 $9,103 $120,200 $54,500 $65,700
2014 $8,936 $120,200 $54,500 $65,700
Source: Public Records

Agents Affiliated with this Home

  • Patricia Elmahdy Real Estate Agent - NICHOLAS REAL ESTATE AGENCY

    Seller's Agent in 2019

    Patricia Elmahdy

    NICHOLAS REAL ESTATE AGENCY

    (201) 927-4203

    18 Total Sales

    Patricia Elmahdy
    Section Image
  • Doreen Darquea Real Estate Agent - COLDWELL BANKER REALTY

    Buyer's Agent in 2019

    Doreen Darquea

    COLDWELL BANKER REALTY

    (201) 686-7068

    49 Total Sales

    Doreen Darquea
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Map

Source: Garden State MLS

MLS Number: 3543138

Garden State MLS

APN: 07-02191-02-00005

New Jersey Passaic County Passaic 07011

281 Summer St, Passaic, NJ

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