NOT LISTED FOR SALE

557 Mckinley St Passaic, NJ 07055

Estimated Value: $516,000 - $671,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold February 22, 2017

Last sale price $323,600

Est. 84% increase in value since last sale

Current estimated payment $4,154/month

14 Days on Market

About This Home

As of February 2017

This home is located at 557 Mckinley St, Passaic, NJ 07055 since 15 November 2016 and is currently estimated at $594,539. 557 Mckinley St is a home located in Passaic County with nearby schools including Passaic High School # 12 and Passaic Arts and Science Charter School.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,050

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,050

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 557
  • I D: 4671361
  • Modified: 2018-02-23
  • Number Images: 0
  • Attribution Contact: 973-746-4777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2016
Closed on
Feb 16, 2017
Sold by
Balsamo Philip
Bought by
Ortiz Manuel
List Price
$329,999
Sold Price
$323,600
Premium/Discount to List
-$6,399
-1.94%
Current Estimated Value
$594,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,939
Avg. Annual Appreciation
7.40%
Original Mortgage
$234,375
Outstanding Balance
$193,923
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$400,616

Purchase Details

Closed on
Jul 29, 2011
Sold by
Balsamo Salvatore and Balsamo Sharon
Bought by
Balsamo Philip

Purchase Details

Closed on
Oct 4, 2006
Sold by
Balsamo Philip
Bought by
Balsamo Salvatore and Balsamo Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2006
Sold by
Balsamo Joseph
Bought by
Balsamo Philip

Purchase Details

Closed on
May 25, 2006
Sold by
Exrx Philip Balsamo
Bought by
Balsamo Philip and Balsamo Joseph
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
Ortiz Manuel $323,600 Fidelity National Title Ins
Balsamo Philip $240,000 --
Balsamo Salvatore $250,000 --
Balsamo Philip -- --
Balsamo Philip -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Manuel $234,375
Previous Owner Balsamo Salvatore $1,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2017 02/22/17 Sold $323,600 -1.9% --
11/29/2016 11/29/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $329,999 -- --
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 $11,050 $268,000 $75,000 $193,000
2024 $10,731 $268,000 $75,000 $193,000
2022 $10,409 $268,000 $75,000 $193,000
2021 $10,077 $268,000 $75,000 $193,000
2020 $9,999 $268,000 $75,000 $193,000
2019 $9,854 $268,000 $75,000 $193,000
2018 $9,643 $268,000 $75,000 $193,000
2017 $9,345 $268,000 $75,000 $193,000
2016 $9,494 $281,900 $75,000 $206,900
2015 $7,679 $101,400 $52,000 $49,400
2014 $7,538 $101,400 $52,000 $49,400
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 3348897

Garden State MLS

APN: 07-02175-03-00015

New Jersey Passaic County Passaic 07055

557 Mckinley St, Passaic, NJ

This home is located at 557 Mckinley St, Passaic, NJ 07055 since 15 November 2016 and is currently estimated at $594,539. 557 Mckinley St is a home located in Passaic County with nearby schools including Passaic High School # 12 and Passaic Arts and Science Charter School.

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