NOT LISTED FOR SALE

525 Gregory Ave Passaic, NJ 07055

Estimated Value: $660,000 - $781,924

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold October 09, 2020

Last sale price $490,000

Est. 46% increase in value since last sale

Current estimated payment $4,796/month

17 Days on Market

About This Home

As of October 2020

This home is located at 525 Gregory Ave, Passaic, NJ 07055 since 15 July 2020 and is currently estimated at $713,981. This property was built in 1910. 525 Gregory Ave 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

MICHAEL AUER

COLDWELL BANKER REALTY Brokerage Phone: 973-994-4323 Listed on: 07/15/2020

Last Buyer's Agent

SANDRA BOLCAR

COMPASS NEW JERSEY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,903

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,903

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Passaic
  • Street Number Display: 525
  • I D: 4998264
  • Modified: 2021-10-10
  • Number Images: 1
  • Attribution Contact: 973-994-4323
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 35X125
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 22, 2020
Sold by
Alvarado Carlos A and Alvarado Wanda I
Bought by
Okegu Stephen A and Okegu Oluwayemisi R
Seller's Agent
MICHAEL AUER
COLDWELL BANKER REALTY
Buyer's Agent
SANDRA BOLCAR
COMPASS NEW JERSEY LLC
List Price
$419,000
Sold Price
$490,000
Premium/Discount to List
$71,000
16.95%
Current Estimated Value
$713,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,981
Avg. Annual Appreciation
7.54%
Original Mortgage
$481,124
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1998
Sold by
Belcevich Milosh and Belcevich Natalija
Bought by
Choudhury Yousuf A and Choudhury Sitara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,786
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 1998
Sold by
Alvarado Carlos A and Alvarado Wanda I
Bought by
Alvarado Carlos A and Alvarado Wanda I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,786
Interest Rate
6.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Okegu Stephen A $490,000 Foundation Title Llc
Okegu Stephen A $490,000 Foundation Title
Choudhury Yousuf A $146,000 Chicago Title Insurance Co
Alvarado Carlos A -- Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okegu Stephen A $481,124
Previous Owner Okegu Stephen A $481,124
Previous Owner Choudhury Yousuf A $144,786
Previous Owner Alvarado Carlos A $168,456
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $490,000 +16.9% --
08/01/2020 08/01/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $419,000 -- --
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 $11,903 $288,700 $71,900 $216,800
2024 $11,560 $288,700 $71,900 $216,800
2022 $11,213 $288,700 $71,900 $216,800
2021 $10,855 $288,700 $71,900 $216,800
2020 $10,771 $288,700 $71,900 $216,800
2019 $10,616 $288,700 $71,900 $216,800
2018 $10,387 $288,700 $71,900 $216,800
2017 $10,067 $288,700 $71,900 $216,800
2016 $9,723 $288,700 $71,900 $216,800
2015 $10,905 $144,000 $56,400 $87,600
2014 $10,705 $144,000 $56,400 $87,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    MICHAEL AUER

    COLDWELL BANKER REALTY

  • S

    Buyer's Agent in 2020

    SANDRA BOLCAR

    COMPASS NEW JERSEY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3648639

Garden State MLS

APN: 07-02195-0000-00034

New Jersey Passaic County Passaic 07055

525 Gregory Ave, Passaic, NJ

This home is located at 525 Gregory Ave, Passaic, NJ 07055 since 15 July 2020 and is currently estimated at $713,981. This property was built in 1910. 525 Gregory Ave is a home located in Passaic County with nearby schools including Passaic High School # 12 and Passaic Arts and Science Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes