NOT LISTED FOR SALE

331 Pennington Ave Passaic, NJ 07055

Estimated Value: $829,329

6 Beds
3 Baths
-- Sq Ft
6,482 Sq Ft Lot Lot

Sale Details

Date Sold: June 21, 2024

Last sale price $720,000

Est. 15% increase in value since last sale

Current estimated payment $5,683 / mo

23 Days on Market

About This Home

As of June 2024

This home is located at 331 Pennington Ave, Passaic, NJ 07055 since 27 February 2024 and is currently priced at $829,329. 331 Pennington Ave is a home located in Passaic County with nearby schools including Passaic High School # 12, Collegiate School, and Yeshiva Ktana Of Passaic Girls.

Last Agent to Sell the Property

Luis Perez

Gold Team Realty Listed on: 02/27/2024

Last Buyer's Agent

Sandra Jones

Coldwell Banker, Ridgewood

Coldwell Banker, Ridgewood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,887

Lot Details

  • 6,482 Sq Ft Lot
  • Lot Dimensions are 37x174

Parking

  • 5 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00020 / 03287

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,887

Lot Details

6,482 Sq Ft Lot

Parking

5

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups
  • Co List Office Phone: (973) 278-7880
  • MLS Status: Sold - Sold
  • Directions: Van Houten to Pennington Av
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 5.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Dimensions: 37x174
  • Lot Size Sq Ft: 6482.0

Tax Info

  • Tax Annual Amount: 14887.0
  • Tax Block: 03287
  • Tax Lot: 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Jun 19, 2024
Sold by
Kopic Marko
Bought by
Dunning Milagros F
Seller's Agent
Luis Perez
Gold Team Realty
Buyer's Agent
Sandra Jones
Coldwell Banker, Ridgewood
List Price
$699,000
Sold Price
$720,000
Premium/Discount to List
$21,000
3%
Views
49
Current Estimated Value
$829,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,329
Avg. Annual Appreciation
8.03%
Original Mortgage
$540,000
Outstanding Balance
$533,003
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$296,326

Purchase Details

Closed on
Dec 26, 2023
Sold by
Sheriff / The County / Passaic
Bought by
Heyman Abraham and Heyman Geula

Purchase Details

Closed on
Nov 27, 2002
Sold by
Fusco Raymond
Bought by
Heyman Abraham and Heyman Geula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.18%
Source: Public Records
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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
Dunning Milagros F $720,000 Prestige Title
Dunning Milagros F $720,000 Prestige Title
Heyman Abraham $864,379 None Listed On Document
Heyman Abraham $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunning Milagros F $540,000
Closed Dunning Milagros F $540,000
Previous Owner Heyman Abraham $300,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold $720,000 +3.0% --
03/21/2024 03/21/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $699,000 -- --
Source: New Jersey MLS

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 $15,803 $383,300 $120,900 $262,400
2024 $15,347 $383,300 $120,900 $262,400
2023 $14,887 $383,300 $120,900 $262,400
2022 $14,887 $383,300 $120,900 $262,400
2021 $14,412 $383,300 $120,900 $262,400
2020 $14,301 $383,300 $120,900 $262,400
2019 $14,094 $383,300 $120,900 $262,400
2018 $13,791 $383,300 $120,900 $262,400
2017 $13,366 $383,300 $120,900 $262,400
2016 $12,910 $383,300 $120,900 $262,400
2015 $14,025 $185,200 $75,100 $110,100
2014 $13,768 $185,200 $75,100 $110,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24005729

New Jersey MLS

APN: 07-03287-0000-00020

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