NOT LISTED FOR SALE

298 Madison St Passaic, NJ 07055

Estimated Value: $596,000 - $671,000

Studio
-- Bath
2,561 Sq Ft
$247/Sq Ft Est. Value

About This Home

This home is located at 298 Madison St, Passaic, NJ 07055 and is currently estimated at $632,210, approximately $246 per square foot. 298 Madison St is a home located in Passaic County with nearby schools including Passaic High School # 12, Passaic Arts and Science Charter School, and Noble Leadership Academy.

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

Closed on
Jul 10, 2025
Sold by
Bought by
Current Estimated Value
$632,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,679
Outstanding Balance
$612,638
Interest Rate
6.84%
Mortgage Type
FHA
Estimated Equity
$19,572

Purchase Details

Closed on
Apr 4, 2018
Sold by
Bought by

Purchase Details

Closed on
Nov 28, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.57%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 21, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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

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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

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
$625,000 Chicago Title
$625,000 Chicago Title
$255,000 Passaic Valley Title Service
$198,000 None Available
$365,000 --
$132,000 --
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 $613,679
Closed $613,679
Previous Owner $320,000
Previous Owner $132,000
Source: Public Records

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
2025 $10,745 $260,600 $65,600 $195,000
2024 $10,434 $260,600 $65,600 $195,000
2022 $10,122 $260,600 $65,600 $195,000
2021 $9,799 $260,600 $65,600 $195,000
2020 $9,723 $260,600 $65,600 $195,000
2019 $9,582 $260,600 $65,600 $195,000
2018 $9,376 $260,600 $65,600 $195,000
2017 $10,831 $310,600 $65,600 $245,000
2016 $10,461 $310,600 $65,600 $245,000
2015 $9,686 $127,900 $55,100 $72,800
2014 $9,508 $127,900 $55,100 $72,800
Source: Public Records

Map

New Jersey Passaic County Passaic 07055

298 Madison St, Passaic, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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