NOT LISTED FOR SALE

40 Mineral Spring Ave Passaic, NJ 07055

Estimated Value: $421,000 - $594,000

-- Bed
-- Bath
1,386 Sq Ft
$365/Sq Ft Est. Value

About This Home

This home is located at 40 Mineral Spring Ave, Passaic, NJ 07055 and is currently estimated at $505,722, approximately $364 per square foot. 40 Mineral Spring Ave is a home located in Passaic County with nearby schools including Passaic High School # 12, Collegiate School, and Ybh Of Passaic-Hillel.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2004
Sold by
Porter Bobby
Bought by
Rana Jayesh
Current Estimated Value
$505,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$124,570
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$381,152

Purchase Details

Closed on
Sep 15, 1999
Sold by
Martocci Michael
Bought by
Porter Bobby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1999
Sold by
Martocci Michael and Martocci Gabriela
Bought by
Martocci Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 1996
Sold by
Crouch Est Jacqueline
Bought by
Marocci Michael and Marocci Gabriella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
7.77%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Rana Jayesh $355,000 --
Porter Bobby $170,000 Journeyman Title Agency Inc
Martocci Michael -- --
Marocci Michael $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rana Jayesh $255,000
Previous Owner Porter Bobby $153,000
Previous Owner Marocci Michael $113,000
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 $9,273 $224,900 $85,200 $139,700
2024 $9,005 $224,900 $85,200 $139,700
2022 $8,735 $224,900 $85,200 $139,700
2021 $8,456 $224,900 $85,200 $139,700
2020 $8,391 $224,900 $85,200 $139,700
2019 $8,270 $224,900 $85,200 $139,700
2018 $8,092 $224,900 $85,200 $139,700
2017 $7,842 $224,900 $85,200 $139,700
2016 $7,575 $224,900 $85,200 $139,700
2015 $8,133 $115,200 $58,100 $57,100
2014 $7,984 $115,200 $58,100 $57,100
Source: Public Records

Map

New Jersey Passaic County Passaic 07055

40 Mineral Spring Ave, Passaic, NJ

Not Listed for Sale

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