NOT LISTED FOR SALE

40 Myrtle Ave Passaic, NJ 07055

Passaic Area

Estimated Value: $510,000 - $707,236

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

Sale Details

Date Sold: December 3, 2024

Last sale price $550,000

Est. 8% increase in value since last sale

Current estimated payment $4,386 / mo

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 $594,809. 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

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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Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

2,614 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$594,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,809
Avg. Annual Appreciation
4.58%
Original Mortgage
$540,038
Outstanding Balance
$529,093
Interest Rate
5.87%
Mortgage Type
FHA
Estimated Equity
$65,716

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

Purchase Details

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

Purchase Details

Closed on
Dec 9, 1994
Sold by
Brook Charles
Bought by
Rodriguez Adelma
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Passaic, NJ

  • Christine Romanelli Real Estate Agent - Compass New Jersey, LLC-Montclair

    Christine Romanelli

    Compass New Jersey, LLC-Montclair

    (973) 434-5095

    92 Total Sales

    6 in Passaic

    $125K - $840K Price Range

    Christine Romanelli
     Section Image
  • Hugo Palacios Real Estate Agent - Keller Williams Village Square Realty

    Hugo Palacios

    Keller Williams Village Square Realty

    (973) 250-2106

    62 Total Sales

    11 in Passaic

    $141K - $230K Price Range

    Hugo Palacios
     Section Image
  • Jack Yao Real Estate Agent - Realmart Realty, LLC

    Jack Yao

    Realmart Realty, LLC

    (732) 838-6992

    1,397 Total Sales

    2 in Passaic

    $315,000 Price Range

    Jack Yao
     Section Image
  • Justin Carbajal Real Estate Agent - The Agency One Rock-Hoboken

    Justin Carbajal

    The Agency One Rock-Hoboken

    (551) 295-8459

    12 Total Sales

    1 in Passaic

    $785,000 Price

    Justin Carbajal
     Section Image
  • David Bistany Real Estate Agent - KELLER WILLIAMS CITY LIFE REALTY

    David Bistany

    KELLER WILLIAMS CITY LIFE REALTY

    (862) 272-3780

    80 Total Sales

    2 in Passaic

    $385,000 Price Range

    David Bistany
     Section Image
  • Raquel Pena Real Estate Agent - ACCESS HOMES REALTY

    Raquel Pena

    ACCESS HOMES REALTY

    (551) 295-7988

    38 Total Sales

    2 in Passaic

    $745,000 Price Range

    Raquel Pena
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $540,038
Previous Owner Elder Inciso $310,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,443 $315,700 $58,600 $257,100
2025 $13,443 $315,700 $58,600 $257,100
2024 $12,641 $315,700 $58,600 $257,100
2022 $12,262 $315,700 $58,600 $257,100
2021 $11,870 $315,700 $58,600 $257,100
2020 $11,779 $315,700 $58,600 $257,100
2019 $11,608 $315,700 $58,600 $257,100
2018 $11,359 $315,700 $58,600 $257,100
2017 $11,008 $315,700 $58,600 $257,100
2016 $10,633 $315,700 $58,600 $257,100
2015 $10,042 $132,600 $54,600 $78,000
2014 $9,857 $132,600 $54,600 $78,000
Source: Public Records

Agents Affiliated with this Home

  • Othoniel Gomez Real Estate Agent - REALTY ONE GROUP LEGEND

    Seller's Agent in 2024

    Othoniel Gomez

    REALTY ONE GROUP LEGEND

    (973) 772-0660

    53 Total Sales

    Othoniel Gomez
    Section Image
  • Claudia Lopez Real Estate Agent - KELLER WILLIAMS PROSPERITY REALTY

    Buyer's Agent in 2024

    Claudia Lopez

    KELLER WILLIAMS PROSPERITY REALTY

    (973) 204-8922

    16 Total Sales

    Claudia Lopez
    Section Image

  • CH

    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

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Information deemed reliable but not guaranteed.
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