NOT LISTED FOR SALE

402 Highland Ave Passaic, NJ 07055

Estimated Value: $583,000 - $733,382

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold July 09, 2021

Last sale price $425,000

Est. 55% increase in value since last sale

Current estimated payment $4,507/month

47 Days on Market

About This Home

As of July 2021

This home is located at 402 Highland Ave, Passaic, NJ 07055 since 04 March 2021 and is currently estimated at $658,596. 402 Highland Ave is a home located in Passaic County with nearby schools including Passaic High School # 12, Classical Academy Charter School of Clifton, and Bright Start Academy.

Last Agent to Sell the Property

Simon Mukkatt

PEARL GATE REALTY Brokerage Phone: 973-667-4100 Listed on: 03/04/2021

Last Buyer's Agent

ANIBAL F. MOSQUERA

REALTY OF AMERICA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,011

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,011

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 402
  • I D: 5052294
  • Modified: 2022-07-10
  • Number Images: 1
  • Attribution Contact: 973-667-4100
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 39X104
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Jul 8, 2021
Sold by
Mukkatt Simon and Mukkatt Leena
Bought by
Martinez Samuel
Seller's Agent
Simon Mukkatt
PEARL GATE REALTY
Buyer's Agent
ANIBAL F. MOSQUERA
REALTY OF AMERICA
List Price
$489,000
Sold Price
$425,000
Premium/Discount to List
-$64,000
-13.09%
Current Estimated Value
$658,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,596
Avg. Annual Appreciation
11.21%
Original Mortgage
$392,755
Outstanding Balance
$360,204
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$298,833

Purchase Details

Closed on
Sep 20, 2005
Sold by
Exr Jeffrey Holmes
Bought by
Villalona Jose D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Martinez Samuel $425,000 Champion Title Agency Inc
Villalona Jose D $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Samuel $392,755
Previous Owner Mukkatt Simon $50,000
Previous Owner Villalona Jose D $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $425,000 -13.1% --
04/20/2021 04/20/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $489,000 -- --
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
2024 $11,011 $275,000 $70,300 $204,700
2022 $10,681 $275,000 $70,300 $204,700
2021 $10,340 $275,000 $70,300 $204,700
2020 $10,260 $275,000 $70,300 $204,700
2019 $10,112 $275,000 $70,300 $204,700
2018 $9,895 $275,000 $70,300 $204,700
2017 $9,589 $275,000 $70,300 $204,700
2016 $10,205 $303,000 $70,300 $232,700
2015 $8,330 $110,000 $56,100 $53,900
2014 $8,177 $110,000 $56,100 $53,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Simon Mukkatt

    PEARL GATE REALTY

    (201) 965-4352

    6 in this area

    9 Total Sales

    Simon Mukkatt
    Section Image

  • A

    Buyer's Agent in 2021

    ANIBAL F. MOSQUERA

    REALTY OF AMERICA

See All Agents

Map

Source: Garden State MLS

MLS Number: 3695567

Garden State MLS

APN: 07-02187-01-00007

New Jersey Passaic County Passaic 07011

402 Highland Ave, Passaic, NJ

This home is located at 402 Highland Ave, Passaic, NJ 07055 since 04 March 2021 and is currently estimated at $658,596. 402 Highland Ave is a home located in Passaic County with nearby schools including Passaic High School # 12, Classical Academy Charter School of Clifton, and Bright Start Academy.

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