NOT LISTED FOR SALE

40 Myrtle Ave Passaic, NJ 07055

Estimated Value: $504,000 - $588,198

Studio
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold December 03, 2024

Last sale price $550,000

Est. 2% decrease in value since last sale

Current estimated payment $3,886/month

29 Days on Market

About This Home

As of December 2024

This home is located at 40 Myrtle Ave, Passaic, NJ 07055 since 12 September 2024 and is currently estimated at $556,800. 40 Myrtle Ave is a home located in Passaic County with nearby schools including Passaic High School # 12 and Passaic Arts and Science Charter School.

Last Agent to Sell the Property

Othoniel Gomez

REALTY ONE GROUP LEGEND Brokerage Phone: 973-772-0660 Listed on: 09/12/2024

REALTY ONE GROUP LEGEND

Last Buyer's Agent

Claudia Lopez

KELLER WILLIAMS PROSPERITY REALTY

KELLER WILLIAMS PROSPERITY REALTY

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 5312565
  • Attribution Contact: 973-772-0660
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Dec 3, 2024
Sold by
40 Myrtle Avenue Holdings Llc
Bought by
Genao Yadilza
Seller's Agent
Othoniel Gomez
REALTY ONE GROUP LEGEND
Buyer's Agent
Claudia Lopez
KELLER WILLIAMS PROSPERITY REALTY
List Price
$499,900
Sold Price
$550,000
Premium/Discount to List
$50,100
10.02%
Views
58
Current Estimated Value
$541,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,902
Avg. Annual Appreciation
1.12%
Original Mortgage
$540,038
Outstanding Balance
$535,582
Interest Rate
6.54%
Mortgage Type
FHA
Estimated Equity
$21,218

Purchase Details

Listed on
Feb 28, 2019
Closed on
Apr 19, 2019
Sold by
The Bank Of New York Mellon
Bought by
40 Myrtle Avenue Holdings Llc
Seller's Agent
CHARMAINE HALE
WEICHERT REALTORS - HOME CITY
Buyer's Agent
Othoniel Gomez
REALTY ONE GROUP LEGEND
List Price
$181,800
Sold Price
$215,000
Premium/Discount to List
$33,200
18.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.33%

Purchase Details

Closed on
Jul 30, 2018
Sold by
Inciso Elder and Rodriguez Walter
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 19, 2006
Sold by
Rodriguez Walter
Bought by
Elder Inciso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2002
Sold by
Marrero Bienvenido
Bought by
Elder Inciso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,800
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1997
Sold by
Rodriguez Adelma
Bought by
Marrero Bienuenido

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.79%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 1994
Sold by
Brook Charles
Bought by
Rodriguez Adelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9.19%
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
Genao Yadilza $550,000 Foundation Title
Genao Yadilza $550,000 Foundation Title
Genao Yadilza $550,000 Foundation Title
40 Myrtle Avenue Holdings Llc $215,000 Coastal Title Agency Inc
The Bank Of New York Mellon $261,000 United General Title Ins Co
Elder Inciso -- --
Elder Inciso $205,000 --
Marrero Bienuenido $150,000 --
Rodriguez Adelma $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genao Yadilza $540,038
Closed Genao Yadilza $540,038
Previous Owner Elder Inciso $310,000
Previous Owner Elder Inciso $201,800
Previous Owner Marrero Bienuenido $145,000
Previous Owner Rodriguez Adelma $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2024 12/03/24 Sold $550,000 +10.0% --
10/11/2024 10/11/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $499,900 +132.5% --
05/09/2019 05/09/19 Sold $215,000 +18.3% -- View Prior Sale
04/22/2019 04/22/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $181,800 -- --
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 $13,016 $315,700 $58,600 $257,100
2024 $12,641 $315,700 $58,600 $257,100
Source: Public Records

Agents Affiliated with this Home

  • Othoniel Gomez

    Seller's Agent in 2024

    Othoniel Gomez

    REALTY ONE GROUP LEGEND

    (973) 772-0660

    11 in this area

    65 Total Sales

    Othoniel Gomez
    Section Image
  • Claudia Lopez

    Buyer's Agent in 2024

    Claudia Lopez

    KELLER WILLIAMS PROSPERITY REALTY

    (973) 204-8922

    1 in this area

    8 Total Sales

    Claudia Lopez
    Section Image

  • C

    Seller's Agent in 2019

    CHARMAINE HALE

    WEICHERT REALTORS - HOME CITY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3923788

Garden State MLS

APN: 07-02165-0000-00024

New Jersey Passaic County Passaic 07055

40 Myrtle Ave, Passaic, NJ

Not Listed for Sale

MultiFamily

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