NOT LISTED FOR SALE

53 Pennington Ave Clifton, NJ 07014

Estimated Value: $5,438,000 - $10,654,302

-- Bed
-- Bath
-- Sq Ft
9,757 Sq Ft Lot

About This Home

This home is located at 53 Pennington Ave, Clifton, NJ 07014 and is currently estimated at $8,046,151. 53 Pennington Ave is a home with nearby schools including Passaic High School # 12, Passaic Arts & Science Charter School, and Noble Leadership Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
112 Gregory Ave Cv Llc
Bought by
Gregory Ave 112 Llc
Current Estimated Value
$7,788,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,420,000
Outstanding Balance
$5,951,536
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2019
Sold by
112 Gregory Avenue Development Llc
Bought by
112 Gregory Ave Cv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,112,500
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2018
Sold by
Passaic Properties I Llc
Bought by
112 Gregory Avenue Development Llc

Purchase Details

Closed on
Nov 3, 1997
Sold by
Oliver Madeline and Oliver Frank
Bought by
Passaic Properties I Llc
Source: Public Records

Range of Values:

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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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
Gregory Ave 112 Llc $8,025,000 Town Title Agency
112 Gregory Ave Cv Llc -- Ans Title
112 Gregory Avenue Development Llc $3,200,000 Trust Title Insurance Co
Passaic Properties I Llc $526,470 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory Ave 112 Llc $6,420,000
Previous Owner 112 Gregory Ave Cv Llc $6,112,500
Previous Owner Passaic Properties Llc $5,000
Source: Public Records

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 $138,987 $3,471,200 $123,800 $3,359,900
2022 $134,821 $3,471,200 $0 $0
2021 $130,517 $3,471,200 $0 $0
2020 $129,510 $3,471,200 $0 $0
2019 $35,090 $954,300 $123,800 $830,500
2018 $34,336 $954,300 $123,800 $830,500
2017 $76,714 $2,200,000 $123,800 $2,076,200
2016 $83,493 $2,479,000 $123,800 $2,355,200
2015 $69,838 $922,200 $322,000 $600,200
2014 $68,556 $922,200 $322,000 $600,200
Source: Public Records

Map

New Jersey Passaic County Clifton 07014

53 Pennington Ave, Clifton, NJ

This home is located at 53 Pennington Ave, Clifton, NJ 07014 and is currently estimated at $8,046,151. 53 Pennington Ave is a home with nearby schools including Passaic High School # 12, Passaic Arts & Science Charter School, and Noble Leadership Academy.

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.

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