NOT LISTED FOR SALE

55 Quincy St Passaic, NJ 07055

Estimated Value: $586,000 - $706,000

6 Beds
4 Baths
-- Sq Ft
2,627 Sq Ft Lot

Last Sold October 22, 2024

Last sale price $630,000

Est. 2% increase in value since last sale

Current estimated payment $4,436/month

22 Days on Market

About This Home

As of October 2024

This beautifully renovated two-family home features 6 bedrooms and 4 full baths. Both units have been updated with modern finishes, including updated kitchens and stylish bathrooms. Each unit has separate electric, gas, and heating systems, ensuring privacy and easy management. The property offers extra space with a finished attic and finished basement its bathrooms. Located just one block from the bus stop on Monroe Street, it's close to local amenities, parks, and shops. Whether you're seeking an investment opportunity or a spacious family home, this property offers great potential. One unit will be derived vacant, allowing for immediate move-in or the option to choose your own tenants. Home has excellent rental income and modern comforts for owner user !Property is tenant occupied . 1st floor will be deliver vacant

Last Agent to Sell the Property

Michael Personette

Group Twenty Six, LLC Listed on: 07/23/2024

Group Twenty Six, LLC

Last Buyer's Agent

David Guzman

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,434

Lot Details

  • 2,627 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 00016 / 04092

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,434

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: (201) 969-2626
  • MLS Status: Sold - Sold
  • Directions: Monroe to Hope to Quincy St
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,2010's,Renovated,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Remarks: Finished basement - 1 full bath

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 2627.0

Tax Info

  • Tax Annual Amount: 10434.0
  • Tax Block: 04092
  • Tax Lot: 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Oct 15, 2024
Sold by
Ruiz Investments Team Llc
Bought by
Cruz Lenni
Seller's Agent
Michael Personette
Group Twenty Six, LLC
Buyer's Agent
David Guzman
EXP Realty, LLC
List Price
$565,000
Sold Price
$630,000
Premium/Discount to List
$65,000
11.5%
Views
39
Current Estimated Value
$645,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,717
Avg. Annual Appreciation
3.21%
Original Mortgage
$618,589
Outstanding Balance
$614,904
Interest Rate
6.08%
Mortgage Type
FHA
Estimated Equity
$30,813

Purchase Details

Closed on
Dec 15, 2021
Sold by
Ruiz Jorge H
Bought by
Ruiz Investments Team Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2017
Sold by
Mm Homes Construction Llc
Bought by
Ruiz Jorge H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,462
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2016
Sold by
Ybarra Jose R and Diaz Jonattan A
Bought by
Mm Home Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 2011
Sold by
Codio Fausto
Bought by
Ybarra Jose R and Diaz Jonattan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,155
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 2010
Sold by
Lora Angela Y
Bought by
Codio Fausto

Purchase Details

Closed on
Nov 28, 2005
Sold by
Trabal Hernan
Bought by
Lora Angela Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2002
Sold by
Rosania Gustavo
Bought by
Trabal Hernan and Lora Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,100
Interest Rate
7%

Purchase Details

Closed on
Aug 11, 1999
Sold by
Rosania Nayibe
Bought by
Rosania Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
7.6%

Purchase Details

Closed on
Feb 3, 1995
Sold by
Rosania Rafael
Bought by
Rosania Nayibe
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
Cruz Lenni $630,000 Westcor Land Title
Ruiz Investments Team Llc -- Monument Title
Ruiz Jorge H $275,000 Monument Title Agcy Llc
Mm Home Construction Llc $155,000 None Available
Ybarra Jose R $270,000 --
Codio Fausto $145,000 --
Lora Angela Y -- --
Trabal Hernan $162,000 --
Rosania Gustavo $110,000 --
Rosania Nayibe $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Lenni $618,589
Previous Owner Ruiz Investments Team Llc $122,500
Previous Owner Ruiz Jorge H $264,600
Previous Owner Ruiz Jorge H $259,462
Previous Owner Mm Home Construction Llc $108,500
Previous Owner Ybarra Jose R $263,155
Previous Owner Lora Angela Y $253,000
Previous Owner Lora Angela Y $202,500
Previous Owner Trabal Hernan $157,100
Previous Owner Rosania Gustavo $104,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Sold $630,000 +11.5% --
08/14/2024 08/14/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $565,000 -- --
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 $10,434 $260,600 $60,500 $200,100
2022 $9,799 $260,600 $60,500 $200,100
2021 $9,799 $260,600 $60,500 $200,100
2020 $9,723 $260,600 $60,500 $200,100
2019 $9,582 $260,600 $60,500 $200,100
2018 $9,376 $260,600 $60,500 $200,100
2017 $9,087 $260,600 $60,500 $200,100
2016 $8,777 $260,600 $60,500 $200,100
2015 $7,285 $96,200 $48,600 $47,600
2014 $8,638 $116,200 $48,600 $67,600
Source: Public Records

Agents Affiliated with this Home

  • Michael Personette

    Seller's Agent in 2024

    Michael Personette

    Group Twenty Six, LLC

    (201) 848-2068

    1 in this area

    93 Total Sales

    Section Image
  • David Guzman

    Buyer's Agent in 2024

    David Guzman

    EXP Realty, LLC

    (201) 870-0319

    1 in this area

    27 Total Sales

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Map

Source: New Jersey MLS

MLS Number: 24023666

New Jersey MLS

APN: 07-04092-0000-00016

New Jersey Passaic County Passaic 07055

55 Quincy St, Passaic, NJ

This home is located at 55 Quincy St, Passaic, NJ 07055 since 23 July 2024 and is currently estimated at $654,041. 55 Quincy St is a home located in Passaic County with nearby schools including Passaic High School # 12, Noble Leadership Academy, and Passaic Catholic Regional School.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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