NOT LISTED FOR SALE

408 Highland Ave Passaic, NJ 07055

Estimated Value: $737,286 - $860,000

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

Last Sold September 21, 2017

Last sale price $350,000

Est. 127% increase in value since last sale

Current estimated payment $5,630/month

11 Days on Market

About This Home

As of September 2017

This home is located at 408 Highland Ave, Passaic, NJ 07055 since 08 June 2017 and is currently estimated at $796,072. 408 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

EVDUZA RAMAJ

YOUR TOWN REALTY Brokerage Phone: 855-600-2465 Listed on: 06/08/2017

Last Buyer's Agent

David Vanegas

EMPIRE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,503

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,503

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 408
  • I D: 4721747
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 855-600-2465
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X103.8
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2017
Closed on
Sep 20, 2017
Sold by
The Secretary Of Hud
Bought by
Morales Manuel R and Morales Dominga A
Seller's Agent
EVDUZA RAMAJ
YOUR TOWN REALTY
Buyer's Agent
David Vanegas
EMPIRE REAL ESTATE
List Price
$295,000
Sold Price
$350,000
Premium/Discount to List
$55,000
18.64%
Current Estimated Value
$796,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,072
Avg. Annual Appreciation
9.82%
Original Mortgage
$343,660
Outstanding Balance
$289,961
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$445,783

Purchase Details

Closed on
May 1, 2017
Sold by
Cit Bank Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jul 9, 2008
Sold by
Garret Mountain Llc
Bought by
Quezada Yadira A and Baez Johan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,721
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 2006
Sold by
Khater Mahmud
Bought by
Khater Mahmud
Source: Public Records

Range of Values:

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
Morales Manuel R $350,000 Residential Commerical Title
Secretary Of Hud -- None Available
Quezada Yadira A $399,900 --
Garret Mountain Llc -- --
Khater Mahmud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Manuel R $343,660
Previous Owner Garret Mountain Llc $393,721
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2017 09/21/17 Sold $350,000 +18.6% --
06/19/2017 06/19/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $295,000 -- --
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 $15,503 $387,200 $65,000 $322,200
2022 $15,039 $387,200 $65,000 $322,200
2021 $14,559 $387,200 $65,000 $322,200
2020 $14,446 $387,200 $65,000 $322,200
2019 $14,237 $387,200 $65,000 $322,200
2018 $13,931 $387,200 $65,000 $322,200
2017 $13,376 $383,600 $65,000 $318,600
2016 $12,920 $383,600 $65,000 $318,600
2015 $14,146 $186,800 $50,000 $136,800
2014 $13,887 $186,800 $50,000 $136,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    EVDUZA RAMAJ

    YOUR TOWN REALTY

  • David Vanegas

    Buyer's Agent in 2017

    David Vanegas

    EMPIRE REAL ESTATE

    (201) 572-5552

    105 Total Sales

    David Vanegas
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3395115

Garden State MLS

APN: 07-02187-01-00009-01

New Jersey Passaic County Passaic 07011

408 Highland Ave, Passaic, NJ

This home is located at 408 Highland Ave, Passaic, NJ 07055 since 08 June 2017 and is currently estimated at $796,072. 408 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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