NOT LISTED FOR SALE

487 Gregory Ave Unit 2 Passaic, NJ 07055

Passaic Area

Estimated Value: $673,000 - $747,000

Studio
3 Baths
-- Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: October 18, 2022

Last sale price $600,000

Est. 18% increase in value since last sale

Current estimated payment $4,935 / mo

21 Days on Market

About This Home

As of October 2022

This home is located at 487 Gregory Ave Unit 2, Passaic, NJ 07055 since 08 August 2022 and is currently estimated at $707,123. This property was built in 1950. 487 Gregory 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

Aracely Lagos Rosero

GOLD TEAM REALTY Brokerage Phone: 862-333-4955 Listed on: 08/08/2022

Last Buyer's Agent

Jennifer Ferreri

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Year Built: 1950
  • County Name: Passaic
  • I D: 5171652
  • Attribution Contact: 862-333-4955
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X98
  • Total Acres: 0.11

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Oct 14, 2022
Sold by
Bought by
Seller's Agent
Aracely Lagos Rosero
GOLD TEAM REALTY
Buyer's Agent
Jennifer Ferreri
COLDWELL BANKER REALTY
List Price
$579,000
Sold Price
$600,000
Premium/Discount to List
$21,000
3.63%
Current Estimated Value
$707,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,123
Avg. Annual Appreciation
4.36%
Original Mortgage
$402,000
Outstanding Balance
$382,427
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$324,696

Purchase Details

Closed on
Mar 30, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,600
Interest Rate
3.89%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Passaic, NJ

  • Mahmoud Ijbara Real Estate Agent - Gild Realty LLC

    Mahmoud Ijbara

    Gild Realty LLC

    (646) 600-8037

    418 Total Sales

    7 in Passaic

    $393K - $700K Price Range

    Mahmoud Ijbara
     Section Image
  • Fernando Leyva Real Estate Agent - Compass New Jersey, LLC-Ridgewood

    Fernando Leyva

    Compass New Jersey, LLC-Ridgewood

    (551) 303-7085

    92 Total Sales

    3 in Passaic

    $300K - $630K Price Range

    Fernando Leyva
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  • Carlos Alex Jesus Real Estate Agent - CENTURY 21 VENTURE REAL ESTATE

    Carlos Alex Jesus

    CENTURY 21 VENTURE REAL ESTATE

    (862) 352-7762

    69 Total Sales

    1 in Passaic

    $255,000 Price

    Carlos Alex Jesus
     Section Image
  • Joseph Scotto Real Estate Agent - Century 21 Cedarcrest Realty, Inc.

    Joseph Scotto

    Century 21 Cedarcrest Realty, Inc.

    (973) 381-1387

    147 Total Sales

    4 in Passaic

    $200K - $565K Price Range

    Joseph Scotto
     Section Image
  • Mary Sheeran Real Estate Agent - Keller Williams Realty Metropolitan

    Mary Sheeran

    Keller Williams Realty Metropolitan

    (862) 244-1879

    433 Total Sales

    2 in Passaic

    $170,000 Price Range

    Mary Sheeran
     Section Image
  • Rachele JeanLouis Real Estate Agent - HomeQuest Realty Group, LLC

    Rachele JeanLouis

    HomeQuest Realty Group, LLC

    (908) 332-9426

    66 Total Sales

    2 in Passaic

    $650,000 Price Range

    Rachele JeanLouis
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 Clear Skies Title
$362,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $402,000
Previous Owner $289,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/18/2022 10/18/22 Sold $600,000 +3.6% --
08/29/2022 08/29/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $579,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,676 $297,700 $74,500 $223,200
2025 $12,676 $297,700 $74,500 $223,200
2024 $11,920 $297,700 $74,500 $223,200
2022 $11,563 $297,700 $74,500 $223,200
2021 $11,194 $297,700 $74,500 $223,200
2020 $11,107 $297,700 $74,500 $223,200
2019 $10,946 $297,700 $74,500 $223,200
2018 $10,711 $297,700 $74,500 $223,200
2017 $10,381 $297,700 $74,500 $223,200
2016 $10,027 $297,700 $74,500 $223,200
2015 $9,648 $127,400 $56,900 $70,500
2014 $9,471 $127,400 $56,900 $70,500
Source: Public Records

Agents Affiliated with this Home

  • AL

    Seller's Agent in 2022

    Aracely Lagos Rosero

    GOLD TEAM REALTY

    (973) 785-8420

    30 Total Sales

    Aracely Lagos Rosero
    Section Image
  • Jennifer Ferreri Real Estate Agent - COLDWELL BANKER REALTY

    Buyer's Agent in 2022

    Jennifer Ferreri

    COLDWELL BANKER REALTY

    (201) 925-3301

    22 Total Sales

    Jennifer Ferreri
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3801059

Garden State MLS

APN: 07-02195-03-00018

New Jersey Passaic County Passaic 07055

487 Gregory Ave Unit 2, Passaic, NJ

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