NOT LISTED FOR SALE

347 Passaic St Passaic, NJ 07055

Estimated Value: $860,000

-- Bed
-- Bath
-- Sq Ft
3,223 Sq Ft Lot

About This Home

This home is located at 347 Passaic St, Passaic, NJ 07055 and is currently estimated at $860,000. 347 Passaic St is a home with nearby schools including Passaic High School # 12, Passaic Arts & Science Charter School, and Noble Leadership Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2023
Sold by
Sabeh Gilbert
Bought by
347-353 Passaic St Llc
Current Estimated Value
$860,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$685,154
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$174,846

Purchase Details

Closed on
Mar 11, 1998
Sold by
Koniecpolski Stella and Stanek Jack
Bought by
Sabeh Gilbert and Sabeh Hikmat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
9.5%
Mortgage Type
Commercial
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.

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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

Date Buyer Sale Price Title Company
347-353 Passaic St Llc -- Fortuna Title
347-353 Passaic St Llc -- Fortuna Title
Sabeh Gilbert $375,000 Gibraltar Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 347-353 Passaic St Llc $700,000
Closed 347-353 Passaic St Llc $700,000
Previous Owner Sabeh Gilbert $325,000
Source: Public Records

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 $15,024 $364,400 $137,100 $227,300
2024 $14,591 $364,400 $137,100 $227,300
2022 $14,153 $364,400 $137,100 $227,300
2021 $13,701 $364,400 $137,100 $227,300
2020 $13,596 $364,400 $137,100 $227,300
2019 $13,399 $364,400 $137,100 $227,300
2018 $13,111 $364,400 $137,100 $227,300
2017 $12,707 $364,400 $137,100 $227,300
2016 $12,273 $364,400 $137,100 $227,300
2015 $24,612 $325,000 $63,900 $261,100
2014 $24,161 $325,000 $63,900 $261,100
Source: Public Records

Map

New Jersey Passaic County Passaic 07055

347 Passaic St, Passaic, NJ

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