NOT LISTED FOR SALE

331 Pennington Ave Passaic, NJ 07055

Estimated Value: $739,000 - $836,000

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

Last Sold June 21, 2024

Last sale price $720,000

Est. 5% increase in value since last sale

Current estimated payment $5,438/month

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 estimated at $771,817. 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

0

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
$752,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,888
Avg. Annual Appreciation
4.07%
Original Mortgage
$540,000
Outstanding Balance
$535,874
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$217,014

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

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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
Previous Owner Heyman Abraham $435,000
Previous Owner Heyman Abraham S $80,000
Previous Owner Heyman Abraham $300,700
Previous Owner Fusco Raymond $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $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

  • L

    Seller's Agent in 2024

    Luis Perez

    Gold Team Realty

    (973) 722-0579

    5 in this area

    25 Total Sales

    Section Image

  • S

    Buyer's Agent in 2024

    Sandra Jones

    Coldwell Banker, Ridgewood

    (973) 930-1163

    3 in this area

    19 Total Sales

    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 24005729

New Jersey MLS

APN: 07-03287-0000-00020

New Jersey Passaic County Passaic 07055

331 Pennington Ave, Passaic, NJ

This home is located at 331 Pennington Ave, Passaic, NJ 07055 since 27 February 2024 and is currently estimated at $771,817. 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.

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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.

Nearby Homes