$750,000
SOLD JAN 22, 2025

42 Burgess Place Passaic, NJ 07055

-- Bed
-- Bath
-- Sq Ft
2,875 Sq Ft Lot

Recently Sold

38 Days on Market

About This Home

As of January 2025

This home is located at 42 Burgess Place, Passaic, NJ 07055 and is currently priced at $750,000. This property was built in 1900. 42 Burgess Place is a home located in Passaic County with nearby schools including Passaic High School # 12, St Nicholas Ukrainian Catholic School, and Passaic Arts and Science Charter School.

Last Agent to Sell the Property

ROSMIRA HINCAPIE

STAY HOME REALTY LLC Brokerage Phone: 862-336-9966 Listed on: 11/06/2024

Last Buyer's Agent

ROSMIRA HINCAPIE

STAY HOME REALTY LLC Brokerage Phone: 862-336-9966 Listed on: 11/06/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,087

Year Built

  • Built in 1900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,087

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Passaic
  • Street Number Display: 42
  • I D: 5323132
  • Modified: 2025-02-01
  • Number Images: 10
  • Attribution Contact: 862-336-9966
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Jan 10, 2025
Sold by
42 Burgess Place Llc
Bought by
Durango Sandra M and Lizcano Natalia Mina
Seller's Agent
ROSMIRA HINCAPIE
STAY HOME REALTY LLC
Buyer's Agent
ROSMIRA HINCAPIE
STAY HOME REALTY LLC
List Price
$749,000
Sold Price
$750,000
Premium/Discount to List
$1,000
0.13%
Views
10
Current Estimated Value
$739,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,217
Avg. Annual Appreciation
-2.30%
Original Mortgage
$736,415
Outstanding Balance
$732,056
Interest Rate
6.93%
Mortgage Type
FHA
Estimated Equity
$7,727

Purchase Details

Closed on
Oct 22, 2021
Sold by
Salazar Luis and Arguello Zuly Y
Bought by
42 Burgess Place Llc

Purchase Details

Listed on
Dec 19, 2017
Closed on
May 15, 2018
Sold by
Jean Lenczuk Cynthia Joan and Jean Oruyhorn Linda
Bought by
Salazar Luis and Arhguello Zuly Y
Seller's Agent
George Iacobelli
REALTY EXECUTIVES EXCEPTIONAL
List Price
$224,900
Sold Price
$230,000
Premium/Discount to List
$5,100
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.38%
Original Mortgage
$172,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 1999
Sold by
Arson Eugenia
Bought by
Lenczuk Cynthia Joan and Oryhon Linda Jean
Source: Public Records

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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 Type Sale Price Title Company
Bargain Sale Deed $750,000 None Listed On Document
Bargain Sale Deed $750,000 None Listed On Document
Bargain Sale Deed -- None Available
Deed $230,000 Multiple
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $736,415 FHA
Closed $736,415 FHA
Previous Owner $172,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Sold $750,000 +0.1% --
12/14/2024 12/14/24 Pending -- -- --
11/06/2024 11/06/24 For Sale $749,000 +225.7% --
05/16/2018 05/16/18 Sold $230,000 +2.3% --
05/09/2018 05/09/18 Pending -- -- --
12/19/2017 12/19/17 For Sale $224,900 -- --
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 $9,087 $317,100 $64,400 $252,700
2024 $8,825 $220,400 $64,400 $156,000
2022 $8,560 $220,400 $64,400 $156,000
2021 $8,287 $220,400 $64,400 $156,000
2020 $8,223 $220,400 $64,400 $156,000
2019 $8,104 $220,400 $64,400 $156,000
2018 $7,930 $220,400 $64,400 $156,000
2017 $7,685 $220,400 $64,400 $156,000
2016 $7,423 $220,400 $64,400 $156,000
2015 $8,595 $113,500 $48,900 $64,600
2014 $8,438 $113,500 $48,900 $64,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3933104

Garden State MLS

APN: 07-04104-01-00025