NOT LISTED FOR SALE

381 Lafayette Ave Passaic, NJ 07055

Estimated Value: $282,000

8 Beds
3 Baths
-- Sq Ft
3,999 Sq Ft Lot

Last Sold July 07, 2023

Last sale price $610,000

Current estimated payment $1,826/month

12 Days on Market

About This Home

As of July 2023

Amazing income producing legal 2 Family with bonus located in a great section of Passaic. The 1st and 2nd floor unit offers three bedrooms, an eat-in kitchen and living room and a full bath. Fully finished attic offers living room, kitchen, 2 bedrooms, and a full bath. Renovated finished basement offers many possibilities for extended family. Detached one car garage and a driveway that can fit up to 4 additional cars. Current gross rental income is $55,800 a year with great tenants.

Last Agent to Sell the Property

Oscar Cajiao

Compass New Jersey, LLC-Montclair Listed on: 04/20/2023

Compass New Jersey, LLC-Montclair

Last Buyer's Agent

Oscar Cajiao

Compass New Jersey, LLC-Montclair Listed on: 04/20/2023

Compass New Jersey, LLC-Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,815

Lot Details

  • 3,999 Sq Ft Lot
  • Lot Dimensions are 40x100

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00001 / 03225

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,815

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-939-0050
  • MLS Status: Sold - Sold
  • Directions: Google Maps
  • 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: 8

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Dimensions: 40X100
  • Lot Size Sq Ft: 3999.0

Tax Info

  • Tax Annual Amount: 11815.0
  • Tax Block: 03225
  • Tax Lot: 00001

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $610,000 +10.9% --
05/02/2023 05/02/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $550,000 -- --
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23011522

New Jersey MLS

APN: 07 03225-000A-00001