NOT LISTED FOR SALE

414 Lafayette Ave Unit 2 Passaic, NJ 07055

Estimated Value: $619,000 - $696,000

-- Bed
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold September 30, 2021

Last sale price $480,000

Est. 39% increase in value since last sale

Current estimated payment $4,429/month

105 Days on Market

About This Home

As of September 2021

This home is located at 414 Lafayette Ave Unit 2, Passaic, NJ 07055 since 29 March 2021 and is currently estimated at $666,497. This property was built in 1930. 414 Lafayette Ave Unit 2 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

ROBERTO SANCHEZ

UNITED REAL ESTATE Brokerage Phone: 888-501-6953 Listed on: 03/29/2021

Last Buyer's Agent

JUAN CARLOS SAENZ

REALTY EMPIRE, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,749

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,749

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • County Name: Passaic
  • Street Number Display: 414
  • I D: 5058483
  • Modified: 2022-10-01
  • Number Images: 1
  • Attribution Contact: 888-501-6953
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X100
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
Sep 30, 2021
Sold by
Pagan Isidro and Pagan Nancy
Bought by
Cruz Francisco
Seller's Agent
ROBERTO SANCHEZ
UNITED REAL ESTATE
Buyer's Agent
JUAN CARLOS SAENZ
REALTY EMPIRE, LLC
List Price
$468,800
Sold Price
$480,000
Premium/Discount to List
$11,200
2.39%
Current Estimated Value
$666,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,497
Avg. Annual Appreciation
8.49%
Original Mortgage
$360,000
Outstanding Balance
$328,286
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$338,211
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Cruz Francisco $480,000 All Ahead Title Agency
Cruz Francisco $480,000 All Ahead Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Francisco $360,000
Closed Cruz Francisco $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $480,000 +2.4% --
07/12/2021 07/12/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $468,800 0.0% --
04/13/2021 04/13/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $468,800 -- --
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 $10,749 $260,700 $65,000 $195,700
2024 $10,438 $260,700 $65,000 $195,700
2022 $10,126 $260,700 $65,000 $195,700
2021 $9,802 $260,700 $65,000 $195,700
2020 $9,727 $260,700 $65,000 $195,700
2019 $9,744 $265,000 $65,000 $200,000
2018 $9,535 $265,000 $65,000 $200,000
2017 $9,241 $265,000 $65,000 $200,000
2016 $8,925 $265,000 $65,000 $200,000
2015 $9,466 $125,000 $55,000 $70,000
2014 $9,664 $130,000 $55,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    ROBERTO SANCHEZ

    UNITED REAL ESTATE

  • J

    Buyer's Agent in 2021

    JUAN CARLOS SAENZ

    REALTY EMPIRE, LLC

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Map

Source: Garden State MLS

MLS Number: 3701024

Garden State MLS

APN: 07-03219-0000-00011

New Jersey Passaic County Passaic 07055

414 Lafayette Ave Unit 2, Passaic, NJ

This home is located at 414 Lafayette Ave Unit 2, Passaic, NJ 07055 since 29 March 2021 and is currently estimated at $666,497. This property was built in 1930. 414 Lafayette Ave Unit 2 is a home located in Passaic County with nearby schools including Passaic High School # 12 and Passaic Arts and Science Charter School.

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