NOT LISTED FOR SALE

51 Parker Ave Passaic, NJ 07055

Estimated Value: $675,000 - $749,537

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

Last Sold July 02, 2019

Last sale price $410,000

Est. 74% increase in value since last sale

Current estimated payment $4,446/month

49 Days on Market

About This Home

As of July 2019

This home is located at 51 Parker Ave, Passaic, NJ 07055 since 26 April 2019 and is currently estimated at $712,269. 51 Parker Ave is a home located in Passaic County with nearby schools including Passaic High School # 12, Passaic Catholic Regional School, and St Nicholas Ukrainian Catholic School.

Last Agent to Sell the Property

JUAN C. ESCOBAR

REALTY ONE GROUP LEGEND Brokerage Phone: 973-928-3330 Listed on: 04/26/2019

Last Buyer's Agent

Jose Vega

ELITE REALTORS OF NEW JERSEY

ELITE REALTORS OF NEW JERSEY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,353

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,353

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 4890615
  • Attribution Contact: 973-928-3330
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 27X93
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jul 2, 2019
Sold by
51 Parker Avenue Llc
Bought by
Villar Jassen
Seller's Agent
JUAN C. ESCOBAR
REALTY ONE GROUP LEGEND
Buyer's Agent
Jose Vega
ELITE REALTORS OF NEW JERSEY
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Current Estimated Value
$712,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,269
Avg. Annual Appreciation
8.98%
Original Mortgage
$402,573
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 23, 2016
Closed on
May 13, 2016
Sold by
Kopic Marko
Bought by
51 Parker Avenue Llc
Seller's Agent
Henry Perez
GOLD TEAM REALTY
Buyer's Agent
Henry Perez
GOLD TEAM REALTY
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.89%
Original Mortgage
$78,000
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 21, 2015
Sold by
Muhammad David
Bought by
Kopic Marko

Purchase Details

Closed on
May 30, 2014
Sold by
Conforti Frederick John and Conforti Margaret
Bought by
Ruth Joleen L and Ruth John K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 1998
Sold by
Muhammad David and Muhammad Mihaye
Bought by
Muhammad Mihaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
7.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 1997
Sold by
Muhammad David and Muhammad Adnan
Bought by
Muhammad David and Muhammad Mihaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,750
Interest Rate
7.28%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Villar Jassen $410,000 Tailored Title Llc
51 Parker Avenue Llc $120,000 Main Street Title & Settleme
Kopic Marko $53,400 Attorney
Ruth Joleen L $290,000 Foundation Title Llc
Muhammad Mihaye $6,914 --
Muhammad David $6,914 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villar Jassen $402,573
Previous Owner 51 Parker Avenue Llc $78,000
Previous Owner Ruth Joleen L $232,000
Previous Owner Muhammad Mihaye $93,750
Previous Owner Muhammad David $68,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2019 07/02/19 Sold $410,000 +2.5% --
06/14/2019 06/14/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $399,900 +233.3% --
05/13/2016 05/13/16 Sold $120,000 -11.1% -- View Prior Sale
03/07/2016 03/07/16 Pending -- -- --
01/23/2016 01/23/16 For Sale $135,000 -- --
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
2025 $8,353 $202,600 $59,900 $142,700
2024 $8,112 $202,600 $59,900 $142,700
2022 $7,869 $202,600 $59,900 $142,700
2021 $7,618 $202,600 $59,900 $142,700
2020 $7,559 $202,600 $59,900 $142,700
2019 $7,450 $202,600 $59,900 $142,700
2018 $7,290 $202,600 $59,900 $142,700
2017 $7,065 $202,600 $59,900 $142,700
2016 $6,824 $202,600 $59,900 $142,700
2015 $6,914 $91,300 $60,600 $30,700
2014 $6,787 $91,300 $60,600 $30,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    JUAN C. ESCOBAR

    REALTY ONE GROUP LEGEND

  • Jose Vega

    Buyer's Agent in 2019

    Jose Vega

    ELITE REALTORS OF NEW JERSEY

    (862) 239-5627

    5 Total Sales

    Jose Vega
    Section Image

  • H

    Seller's Agent in 2016

    Henry Perez

    GOLD TEAM REALTY

    (973) 722-0579

    2 in this area

    19 Total Sales

    Henry Perez
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3551221

Garden State MLS

APN: 07-04070-0000-00057

New Jersey Passaic County Passaic 07055

51 Parker Ave, Passaic, NJ

Not Listed for Sale

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