NOT LISTED FOR SALE

51 Passaic Ave Passaic, NJ 07055

Estimated Value: $623,000

-- Bed
-- Bath
3,319 Sq Ft
$188/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $535,000 $161 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,522/month

17 Days on Market

About This Home

As of December 2021

Mixed use property featuring 2 offices on the first floor and a massive 2 bedroom 2 bath apartment on the second floor. 2nd floor also features finished attic with high ceilings (estimated 193 sq ft) 1st floor offices have an estimated combined sq ft 1610 & 2nd floor has an estimated sq ft of 1709. Offices feature exam rooms, front desk, doctor's room. Newer HVAC System (3) units), (1) hot water heater, (3) electric meters, (4) gas meters. Property also features a finished basement with separate entrance

Last Agent to Sell the Property

KHAMELY RODRIGUEZ

Prominent Properties Sotheby's International Realty-Englewood Cliffs Listed on: 06/07/2021

Prominent Properties Sotheby's International Realty-Englewood Cliffs

Co-Listed By

Angel Marzan

Prominent Properties Sotheby's International Realty-Edgewater

Last Buyer's Agent

Ismael Medina

Buildings Realty, LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,607

Lot Details

  • 6,490

Home Design

  • Asphalt

Property Details

Property Type

Other

Est. Annual Taxes

$12,607

Lot Details

0

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: (201) 939-0050
  • MLS Status: Sold - Sold
  • Directions: gregroy to passaic
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Ofc/Apt
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: Asphalt

Lot Info

  • Lot: 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Oct 22, 2021
Sold by
Aryal and Sunita
Bought by
51 Passaic Ave Llc
Seller's Agent
KHAMELY RODRIGUEZ
Prominent Properties Sotheby's International Realty-Englewood Cliffs
Buyer's Agent
Ismael Medina
Buildings Realty, LLC
List Price
$535,000
Sold Price
$535,000
Current Estimated Value
$623,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,000
Avg. Annual Appreciation
4.21%
Original Mortgage
$540,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 1997
Sold by
Ahmadi Cyrus and Ahmadi Goli
Bought by
Ahmadi Cyrus and Ahmadi Goli
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
51 Passaic Ave Llc $535,000 Brattoli Victoria M
Ahmadi Cyrus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 51 Passaic Ave Llc $540,000
Previous Owner Aryal Sunita $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $535,000 0.0% $161 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $535,000 -- $161 / Sq Ft
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 $13,530 $337,900 $92,400 $245,500
2022 $13,124 $337,900 $92,400 $245,500
2021 $12,705 $337,900 $92,400 $245,500
2020 $12,607 $337,900 $92,400 $245,500
2019 $12,425 $337,900 $92,400 $245,500
2018 $12,158 $337,900 $92,400 $245,500
2017 $11,783 $337,900 $92,400 $245,500
2016 $11,380 $337,900 $92,400 $245,500
2015 $11,140 $147,100 $65,700 $81,400
2014 $10,935 $147,100 $65,700 $81,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21022687

New Jersey MLS

APN: 07-02146-0000-00014