NOT LISTED FOR SALE

417 Passaic Ave Passaic, NJ 07055

Estimated Value: $852,000 - $1,377,000

5 Beds
2.5 Baths
-- Sq Ft
0.27 Acres

Last Sold May 09, 2024

Last sale price $1,200,000

Est. 1% increase in value since last sale

Current estimated payment $8,726/month

15 Days on Market

Highlights

  • 11,840 Sq Ft lot
  • 5-minute walk to Passaic
  • 4-minute walk to Mayor Johnson Park
  • En-Suite Primary Bedroom
  • Rectangular Lot

About This Home

As of May 2024

Welcome to your dream home nestled in the heart of Passaic! This exceptional brick center hall colonial is situated on one of the largest lots in the area, offering unparalleled space and potential for creating your own outdoor sanctuary. Upon entering, you'll be greeted by a grand entranceway that seamlessly combines classic charm with modern elegance. The formal living room exudes warmth and comfort, highlighted by a wood-burning fireplace, perfect for cozy gatherings on cool evenings.With a total of 5 bedrooms and 2 full baths, along with one half bath, this home ensures ample space for relaxation and privacy. Conveniently located near schools, parks, and amenities, this property offers the perfect blend of serenity and convenience. Don't miss your chance to own this remarkable piece of Passaic! This property presents an enticing opportunity for subdivision, potentially allowing for the creation of an additional lot, subject to local regulations and approval from the city.

Last Agent to Sell the Property

Matthew O'Hare

Coldwell Banker, Allendale/Saddle River Valley Listed on: 03/06/2024

Coldwell Banker, Allendale/Saddle River Valley

Last Buyer's Agent

Tanya Bressel

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,625

Lot Details

  • 0.27 Acre Lot
  • Rectangular Lot

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Legal Lot and Block 00007 / 03302

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,625

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: South
  • Co List Office Phone: (201) 327-5050
  • MLS Status: Sold - Sold
  • Directions: Brook Ave to Passaic Ave
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: None
  • Heating: Oil

Lot Info

  • Lot Size Sq Ft: 11840.0

Tax Info

  • Tax Annual Amount: 25625.0
  • Tax Block: 03302
  • Tax Lot: 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2015
Sold by
Jasper Philip Joseph and Jasper Vincenza J
Bought by
Jasper Philip J
Current Estimated Value
$1,209,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
3.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Jasper Philip J -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kornitzer Jeffrey Michael $960,000
Closed Jasper Philip J $937,500
Closed Jasper Philip Joseph $5,000
Closed Jasper Philip Joseph $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $1,200,000 -7.7% --
03/21/2024 03/21/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $1,300,000 -- --
Source: New Jersey 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 $25,626 $640,000 $459,700 $180,300
2023 $24,858 $640,000 $459,700 $180,300
2022 $24,858 $640,000 $459,700 $180,300
2021 $24,064 $640,000 $459,700 $180,300
2020 $23,878 $640,000 $459,700 $180,300
2019 $23,533 $640,000 $459,700 $180,300
2018 $24,646 $685,000 $459,700 $225,300
2017 $23,886 $685,000 $459,700 $225,300
2016 $23,071 $685,000 $459,700 $225,300
2015 $17,827 $235,400 $81,300 $154,100
2014 $17,500 $235,400 $81,300 $154,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24006749

New Jersey MLS

APN: 07-03302-0000-00007