NOT LISTED FOR SALE

Estimated Value: $510,000 - $623,000

4 Beds
2 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold December 14, 2022

Last sale price $500,000

Est. 15% increase in value since last sale

Current estimated payment $3,859/month

9 Days on Market

About This Home

As of December 2022

This home is located at 40 2nd St, Clifton, NJ 07011 since 04 October 2022 and is currently estimated at $574,158. 40 2nd St is a home located in Passaic County with nearby schools including Clifton High School, Classical Academy Charter School of Clifton, and Bright Start Academy.

Last Agent to Sell the Property

Fausto Codio

A2ndChance Group Realty Listed on: 10/04/2022

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,358

Lot Details

  • 2,483

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00031 / 00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,358

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (973) 270-0307
  • MLS Status: Sold - Sold
  • Directions: CLIFTON AVE TO 2ND ST
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Mixedflr
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Remarks: FINISHED

Exterior Features

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected

Tax Info

  • Tax Annual Amount: 7358.0
  • Tax Block: 00012
  • Tax Lot: 00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Dec 14, 2022
Sold by
Simpson Daisy
Bought by
Alejandro Carlos J
Seller's Agent
Fausto Codio
A2ndChance Group Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$450,000
Sold Price
$500,000
Premium/Discount to List
$50,000
11.11%
Views
2
Current Estimated Value
$574,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,158
Avg. Annual Appreciation
7.53%
Original Mortgage
$515,490
Outstanding Balance
$502,559
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$97,356

Purchase Details

Closed on
Apr 3, 2002
Sold by
Fiero Philip
Bought by
Rodriguez Daisy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,300
Interest Rate
7.05%
Source: Public Records

Similar Homes in the area

  • 385 Highland Ave, Clifton, NJ 07011

    $629,000

    • 5 Beds
    • 2 Baths
    • 385 Highland Ave
    • Clifton, NJ

    You will not be disappointed!!! this is an opportunity to make this house a home for an owner occupant or investors to update and use your creativity.

    Patricia Elmahdy Nicholas Real Estate Agency

    Section Image
  • 56 Federal St, Passaic, NJ 07055

    $575,000

    • 6 Beds
    • 2 Baths
    • 56 Federal St
    • Passaic, NJ

    LOCATION, LOCATION, LOCATION!!!! Attention Investors: Don't miss the opportunity to acquire a cash-flowing multi-unit property in a highly sought-after area in Passaic, NJ. Located just one block from Main Street, this property offers convenient access to NYC transportation. Each unit features 3 bedrooms, 1 bathroom, living/dining area and kitchen. The property is being sold "AS IS"

    Leidy Zuluaga Redfin Corporation

    Section Image
  • 217 Madison Ave, Clifton, NJ 07011

    $599,000

    • 5 Beds
    • 2 Baths
    • 217 Madison Ave
    • Clifton, NJ

    Large two-family located in Clifton Center; First floor has 5 rooms and 2 bedrooms; Second floor has 6 rooms and 3 Bedrooms and an enclosed porch; Separate gas HW heater & boiler. Separate electric. Shared Driveway leads to 1 car detached garage; Rear Deck; Fenced in yard; Attic has a large storage room & finished room; House is sold in AS-IS condition. First Fl tenant is month to month; Oil

    JAMES ZIMMERMANN SCHEIDEMANN AGENCY

    Section Image
  • 653 Paulison Ave, Clifton, NJ 07011

    $599,000

    • 4 Beds
    • 2 Baths
    • 653 Paulison Ave
    • Clifton, NJ

    GREAT opportunity for those looking for a two family in a great town to live in or as a solid investment. Both floors feature 2 bedrooms, a bonus room, an eat in kitchen, living room with stained glass window, formal dining room with picture frame molding, a full bath with tub/shower combo First flr kitchen has dishwasher, wall oven & refrigerator included. Rare American chestnut wood trim and

    Karen Casiello HOWARD HANNA RAND REALTY

    Section Image
  • 29 E Madison Ave, Clifton, NJ 07011

    $599,999

    • 4 Beds
    • 3 Baths
    • 29 E Madison Ave
    • Clifton, NJ

    BEST & FINAL OFFERS DUE BY 4/8 AT 5PM Welcome to this fantastic 2-family home in a prime Clifton location! Situated just minutes from mass transportation, shopping, schools, and parks, this property offers the ultimate in convenience. Both the 1st and 2nd floors feature 2 bedrooms, 1 bathroom, and a dining room, providing comfortable living spaces for tenants. In addition to the main units, the

    Eric Mendez Keller Williams Team Realty

    Section Image
  • 246 Ackerman Ave, Clifton, NJ 07011

    $649,000

    • 5 Beds
    • 2 Baths
    • 246 Ackerman Ave
    • Clifton, NJ

    Step into a fantastic investment opportunity! This 2-family property offers 5 bedrooms and 2 bathrooms, a finished attic, and a basement with 2 bonus rooms providing flexible space for work, recreation, or additional rental income. Recent repairs have been made, adding value and peace of mind for future owners. Whether you're looking to occupy one unit and lease the other, or add to your

    NAEEM BOUCHER EXP REALTY, LLC

    Section Image
  • 20 Holden St, Clifton, NJ 07011

    $525,000

    • 4 Beds
    • 2 Baths
    • 20 Holden St
    • Clifton, NJ

    Why rent when you can own this income producing property. This legal 2-family is waiting for just your right touch to make it your own

    RHODA A MOSS-LATIMER KELLER WILLIAMS - NJ METRO GROUP

    Section Image
  • 14 Wisnev St, Clifton, NJ 07011

    $625,000

    • 6 Beds
    • 3 Baths
    • 14 Wisnev St
    • Clifton, NJ

    Excellent investment opportunity in Clifton! This two-family home offers ample living space for tenants. Municipal parking lot just blocks away! Unit 1 features two bedrooms, 1 bath. Unit 2 is a duplex-style unit offering 2 bedrooms on the 2nd floor plus an additional 2 rooms in the finished attic. This home also offers a partially finished basement. Separate utilities for each unit. This

    Emeline Betances LIFESTYLE INTERNATIONAL REALTY

    Section Image
  • 257 Luddington Ave, Clifton, NJ 07011

    $610,000

    • 3 Beds
    • 2.5 Baths
    • 257 Luddington Ave
    • Clifton, NJ

    Step into this charming two-family home. The first unit has a welcoming flow with a living room, dining room, eat-in kitchen, bedroom, a full bath, and a bright sunroom. Basement, you'll find a family room, a half bath, laundry area, and even a workshop for your projects. The second unit features a comfy living room, eat-in kitchen, two bedrooms, and a full bathroom. 46 x 125 lot, this home

    Christine Romanelli COMPASS NEW JERSEY LLC

    Section Image

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
Alejandro Carlos J $525,000 Advent Title
Rodriguez Daisy $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alejandro Carlos J $515,490
Previous Owner Rodriguez Daisy $268,600
Previous Owner Rodriguez Daisy $152,300
Previous Owner Fiero Philip N $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $500,000 +11.1% --
10/13/2022 10/13/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $450,000 -- --
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 $7,920 $136,700 $66,100 $70,600
2022 $7,674 $134,400 $66,100 $68,300
2021 $7,358 $134,400 $66,100 $68,300
2020 $7,383 $134,400 $66,100 $68,300
2019 $7,330 $134,400 $66,100 $68,300
2018 $7,289 $134,400 $66,100 $68,300
2017 $7,209 $134,400 $66,100 $68,300
2016 $7,069 $134,400 $66,100 $68,300
2015 $7,001 $134,400 $66,100 $68,300
2014 $6,857 $134,400 $66,100 $68,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 22036448

New Jersey MLS

APN: 02-00012-28-00031