NOT LISTED FOR SALE

386 Monroe St Passaic, NJ 07055

Estimated Value: $372,000 - $1,494,000

-- Bed
-- Bath
-- Sq Ft
32 Sq Ft Lot

Last Sold October 25, 2022

Last sale price $331,250

Est. 116% increase in value since last sale

Current estimated payment $4,774/month

115 Days on Market

About This Home

As of October 2022

This home is located at 386 Monroe St, Passaic, NJ 07055 since 14 June 2021 and is currently estimated at $713,878. This property was built in 1940. 386 Monroe 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.

Last Agent to Sell the Property

Emilio Baldino

C-21 GEMINI, LLC. Brokerage Phone: 973-696-1111 Listed on: 06/14/2021

Last Buyer's Agent

FELIPE CEBALLOS

CEBALLOS REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,604

Year Built

  • Built in 1940

Lot Details

  • 32 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,604

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • County Name: Passaic
  • Street Number Display: 386
  • I D: 5079748
  • Modified: 2023-10-26
  • Number Images: 1
  • Attribution Contact: 973-696-1111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 32.34X100
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Oct 24, 2022
Sold by
Summit Properties Group 1 Llc
Bought by
390 Monroe St Inc
Seller's Agent
Emilio Baldino
C-21 GEMINI, LLC.
Buyer's Agent
FELIPE CEBALLOS
CEBALLOS REALTY, LLC
List Price
$325,386
Sold Price
$331,250
Premium/Discount to List
$5,864
1.8%
Current Estimated Value
$713,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,628
Avg. Annual Appreciation
31.04%
Original Mortgage
$765,000
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 13, 2009
Sold by
Summit Properties Llc
Bought by
Summit Properties Group 1 Llc

Purchase Details

Closed on
Jun 19, 2008
Sold by
Us Bank Na Trustee
Bought by
Summit Properties Llc

Purchase Details

Closed on
May 21, 2007
Sold by
Jerry Speziale Passaic Cnty Sheriff
Bought by
Us Bank Na Trustee

Purchase Details

Closed on
Nov 23, 2005
Sold by
Dubose Anne
Bought by
Saintlouis Huguens

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2004
Sold by
Essex Investments
Bought by
Dubose Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
5.69%

Purchase Details

Closed on
Dec 21, 1998
Sold by
Rodriguez Manuel and Rodriguez Carmen
Bought by
Papsun Jean
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
390 Monroe St Inc $331,250 First American Title
390 Monroe St Inc $331,250 First American Title
Summit Properties Group 1 Llc -- --
Summit Properties Llc $100,000 --
Us Bank Na Trustee $335,291 --
Saintlouis Huguens $350,000 --
Dubose Anne $275,000 --
Papsun Jean $35,273 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 390 Monroe St Inc $293,750
Closed 390 Monroe St Inc $765,000
Previous Owner Summit Properties Group I Llc $3,500,000
Previous Owner Summit Properties Group I Llc $3,500,000
Previous Owner Saintlouis Huguens $315,000
Previous Owner Dubose Anne $261,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $331,250 +1.8% --
10/18/2021 10/18/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $325,386 -- --
Source: Garden State 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
2025 $10,604 $257,200 $62,900 $194,300
2024 $10,298 $257,200 $62,900 $194,300
2022 $9,990 $257,200 $62,900 $194,300
2021 $9,671 $257,200 $62,900 $194,300
2020 $9,596 $257,200 $62,900 $194,300
2019 $9,457 $257,200 $62,900 $194,300
2018 $9,254 $257,200 $62,900 $194,300
2017 $8,969 $257,200 $62,900 $194,300
2016 $8,663 $257,200 $62,900 $194,300
2015 $6,823 $90,100 $48,300 $41,800
2014 $6,698 $90,100 $48,300 $41,800
Source: Public Records

Agents Affiliated with this Home

  • Emilio Baldino

    Seller's Agent in 2022

    Emilio Baldino

    C-21 GEMINI, LLC.

    (973) 890-0500

    7 in this area

    74 Total Sales

    Emilio Baldino
    Section Image

  • F

    Buyer's Agent in 2022

    FELIPE CEBALLOS

    CEBALLOS REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3720022

Garden State MLS

APN: 07-02172-01-00013

New Jersey Passaic County Passaic 07055

386 Monroe St, Passaic, NJ

This home is located at 386 Monroe St, Passaic, NJ 07055 since 14 June 2021 and is currently estimated at $713,878. This property was built in 1940. 386 Monroe 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.

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