NOT LISTED FOR SALE

40 High St Unit 2 Passaic, NJ 07055

Estimated Value: $680,934 - $778,000

-- Bed
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold February 13, 2020

Last sale price $410,000

Est. 75% increase in value since last sale

Current estimated payment $5,134/month

198 Days on Market

About This Home

As of February 2020

This home is located at 40 High St Unit 2, Passaic, NJ 07055 since 21 May 2019 and is currently estimated at $718,734. This property was built in 1920. 40 High St Unit 2 is a home located in Passaic County with nearby schools including Passaic High School # 12, Passaic Arts & Science Charter School, and Yeshiva Ktana Of Passaic Girls.

Last Agent to Sell the Property

Ismael Medina

BUILDINGS REALTY LLC Brokerage Phone: 973-246-7040 Listed on: 05/21/2019

Last Buyer's Agent

Ismael Medina

BUILDINGS REALTY LLC Brokerage Phone: 973-246-7040 Listed on: 05/21/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,183

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,183

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Passaic
  • I D: 4900114
  • Attribution Contact: 973-246-7040
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 41X84
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Feb 13, 2020
Sold by
Mateo Hector E and Brito Angela
Bought by
Roman Jose A
Seller's Agent
Ismael Medina
BUILDINGS REALTY LLC
Buyer's Agent
Ismael Medina
BUILDINGS REALTY LLC
List Price
$389,000
Sold Price
$410,000
Premium/Discount to List
$21,000
5.4%
Current Estimated Value
$718,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,734
Avg. Annual Appreciation
10.14%
Original Mortgage
$402,573
Outstanding Balance
$353,113
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$365,621

Purchase Details

Closed on
Jun 28, 2007
Sold by
Mateo Hector E
Bought by
Mateo Hector E and Brito Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2003
Sold by
Lopez Marilyn
Bought by
Navarro Frank and Mateo Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,300
Interest Rate
6.05%

Purchase Details

Closed on
Jun 4, 1998
Sold by
Mann Florence
Bought by
Lopez Marilyn and Duran Amaury

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,851
Interest Rate
7.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Roman Jose A $410,000 Title Agency Of Nj Inc
Mateo Hector E -- --
Navarro Frank $367,000 --
Lopez Marilyn $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roman Jose A $402,573
Previous Owner Mateo Hector E $40,000
Previous Owner Navarro Frank $330,300
Previous Owner Lopez Marilyn $106,851
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2020 02/13/20 Sold $410,000 +5.4% --
12/05/2019 12/05/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $389,000 -- --
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 $16,183 $392,500 $73,500 $319,000
2024 $15,716 $392,500 $73,500 $319,000
2022 $15,245 $392,500 $73,500 $319,000
2021 $14,758 $392,500 $73,500 $319,000
2020 $14,644 $392,500 $73,500 $319,000
2019 $14,432 $392,500 $73,500 $319,000
2018 $14,122 $392,500 $73,500 $319,000
2017 $13,686 $392,500 $73,500 $319,000
2016 $13,219 $392,500 $73,500 $319,000
2015 $13,018 $171,900 $69,000 $102,900
2014 $12,779 $171,900 $69,000 $102,900
Source: Public Records

Agents Affiliated with this Home

  • Ismael Medina

    Seller's Agent in 2020

    Ismael Medina

    BUILDINGS REALTY LLC

    (973) 246-7040

    12 in this area

    111 Total Sales

    Ismael Medina
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Map

Source: Garden State MLS

MLS Number: 3559205

Garden State MLS

APN: 07-03212-0000-00027

New Jersey Passaic County Passaic 07055

40 High St Unit 2, Passaic, NJ

Not Listed for Sale

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