NOT LISTED FOR SALE

56 Federal St Clifton, NJ 07011

Estimated Value: $538,000 - $569,000

-- Bed
2 Baths
-- Sq Ft
871 Sq Ft Lot

Last Sold August 29, 2024

Last sale price $500,000

Est. 9% increase in value since last sale

Current estimated payment $3,597/month

13 Days on Market

About This Home

As of August 2024

This home is located at 56 Federal St, Clifton, NJ 07011 since 05 June 2024 and is currently estimated at $558,914. This property was built in 1930. 56 Federal St is a home located in Passaic County with nearby schools including Clifton High School, Classical Academy Charter School of Clifton, and Bright Start Academy.

Last Agent to Sell the Property

Holland Mack 3rd

REAL Brokerage Phone: 855-450-0442 Listed on: 06/05/2024

REAL

Last Buyer's Agent

MICHELLE PAIS

SIGNATURE REALTY NJ

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,003

Year Built

  • Built in 1930

Lot Details

  • 871 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,003

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • County Name: Passaic
  • Street Number Display: 56
  • I D: 5292570
  • Modified: 2025-01-27
  • Number Images: 1
  • Attribution Contact: 855-450-0442
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X35
  • Total Acres: 0.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Aug 28, 2024
Sold by
Schratz Christina and Robinson Luis
Bought by
Soto Jonatan B
Seller's Agent
Holland Mack 3rd
REAL
Buyer's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
List Price
$459,000
Sold Price
$500,000
Premium/Discount to List
$41,000
8.93%
Total Days on Market
13
Views
58
Current Estimated Value
$545,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,611
Avg. Annual Appreciation
-0.09%
Original Mortgage
$400,000
Outstanding Balance
$397,201
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$102,385

Purchase Details

Closed on
Feb 27, 2015
Sold by
Rozier Kimberly
Bought by
Schratz Christina and Robinson Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2003
Sold by
Rozier Kim
Bought by
Rozier Kim

Purchase Details

Closed on
Apr 2, 2001
Sold by
Sam Phillips
Bought by
Rozier Kim and Durham Wilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,086
Interest Rate
6.9%
Mortgage Type
FHA
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
Soto Jonatan B $500,000 None Listed On Document
Schratz Christina $140,000 Agent For Chicago Title Ins
Rozier Kim -- --
Rozier Kim $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Jonatan B $400,000
Previous Owner Schratz Christina $205,000
Previous Owner Schratz Christina $151,000
Previous Owner Schratz Christina $105,000
Previous Owner Rozier Kim $114,086
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $500,000 +8.9% --
06/23/2024 06/23/24 Pending -- -- --
06/09/2024 06/09/24 For Sale $459,000 -- --
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
2024 $7,003 $174,900 $55,300 $119,600
2022 $6,793 $174,900 $55,300 $119,600
2021 $6,576 $174,900 $55,300 $119,600
2020 $6,526 $174,900 $55,300 $119,600
2019 $6,431 $174,900 $55,300 $119,600
2018 $6,293 $174,900 $55,300 $119,600
2017 $6,099 $174,900 $55,300 $119,600
2016 $5,891 $174,900 $55,300 $119,600
2015 $7,974 $105,300 $53,100 $52,200
2014 $7,754 $104,300 $53,100 $51,200
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2024

    Holland Mack 3rd

    REAL

  • M

    Buyer's Agent in 2024

    MICHELLE PAIS

    SIGNATURE REALTY NJ

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Map

Source: Garden State MLS

MLS Number: 3906107

Garden State MLS

APN: 07-02183-01-00023

New Jersey Passaic County Clifton 07011

56 Federal St, Clifton, NJ

This home is located at 56 Federal St, Clifton, NJ 07011 since 05 June 2024 and is currently estimated at $558,914. This property was built in 1930. 56 Federal St is a home located in Passaic County with nearby schools including Clifton High School, Classical Academy Charter School of Clifton, and Bright Start Academy.

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