$535,000
SOLD OCT 29, 2024

516-518 Broadway Passaic, NJ 07055

3 Beds
2 Baths
-- Sq Ft
10,772 Sq Ft Lot

Recently Sold

22 Days on Market

Highlights

  • 10,772 Sq Ft lot
  • Heating System Uses Natural Gas
  • Gas Fireplace
  • Rectangular Lot

About This Home

As of October 2024

Wonderful 3 bdrm 2 bath cape set on an OVERSIZED/DOUBLE lot with a beautiful backyard! A communter's dream being minutes off the highway and so close to public transportation (train, bus). A detached 2 car garage along with a storage shed are also located on the property which includes a nice, wide, long driveway! There's also a new gas boiler in the basement along with the washer and dryer. Another plus about this location is the proximity to Third Ward Park which is a stone's throw away from your doorstep. If you're looking for a spot to keep warm during the colder months, the easy to maintain gas fireplace will come in handy. In warmer months, you will love spending time in the spacious sun room! This unique, oversized lot is just waiting for your creativity and personal touches!

Last Agent to Sell the Property

Camilia 'Cami' Cielo

Keller Williams Realty Listed on: 09/12/2024

Keller Williams Realty

Last Buyer's Agent

Miriam Lebovits

Dwell Realty NJ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,470

Lot Details

  • 10,772 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Gas Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00011 / 03309

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,470

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 973-539-1120
  • MLS Status: Sold - Sold
  • Directions: Use GPS Bloomfield Ave to Broadway
  • Reso Fireplace Features: 1 Fireplace, Gas
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: No

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Construction Type: Stone, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Window Unit(s), Wall Unit(s)
  • Heating: Electric, Natural Gas, Hot Water, Radiant Floor

Lot Info

  • Lot Size Sq Ft: 10772.0

Tax Info

  • Tax Annual Amount: 10470.0
  • Tax Block: 03309
  • Tax Lot: 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Oct 22, 2024
Sold by
Flynn Joseph P
Bought by
Borowski Yosef and Borowski Sara
Seller's Agent
Camilia 'Cami' Cielo
Keller Williams Realty
Buyer's Agent
Miriam Lebovits
Dwell Realty NJ
List Price
$535,000
Sold Price
$535,000
Views
49
Current Estimated Value
$568,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,385
Avg. Annual Appreciation
5.64%
Original Mortgage
$350,000
Outstanding Balance
$346,854
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$212,467

Purchase Details

Listed on
May 30, 2014
Closed on
May 30, 2014
Sold by
Wetzel Helen and Estate Of Robert Wetzel
Bought by
Flynn Joseph P
Seller's Agent
Shari Pippa
COLDWELL BANKER REALTY
Buyer's Agent
Joanne Reder
SUSSEX COUNTY REAL ESTATE
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%

Purchase Details

Closed on
May 18, 2010
Sold by
Wetzel Robert and Wetzel Helen
Bought by
Wetzel Robert
Source: Public Records

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Range of Values:

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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 $535,000 None Listed On Document
Bargain Sale Deed $535,000 None Listed On Document
Bargain Sale Deed $535,000 None Listed On Document
Executors Deed $275,000 Multiple
Bargain Sale Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Closed $350,000 New Conventional
Previous Owner $268,000 New Conventional
Previous Owner $149,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Sold $535,000 0.0% --
10/04/2024 10/04/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $535,000 +94.5% --
05/30/2014 05/30/14 Sold $275,000 -- --
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 $10,470 $261,500 $112,800 $148,700
2022 $10,157 $261,500 $112,800 $148,700
2021 $9,832 $261,500 $112,800 $148,700
2020 $9,757 $261,500 $112,800 $148,700
2019 $9,615 $261,500 $112,800 $148,700
2018 $9,409 $261,500 $112,800 $148,700
2017 $9,119 $261,500 $112,800 $148,700
2016 $8,807 $261,500 $112,800 $148,700
2015 $9,307 $122,900 $55,600 $67,300
2014 $9,136 $122,900 $55,600 $67,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24029550

New Jersey MLS

APN: 07-03309-0000-00011