56 Passaic St Unit 2 Garfield, NJ 07026
Estimated Value: $512,000 - $701,552
2
Beds
1
Bath
1,798
Sq Ft
$346/Sq Ft
Est. Value
About This Home
This home is located at 56 Passaic St Unit 2, Garfield, NJ 07026 and is currently estimated at $622,138, approximately $346 per square foot. 56 Passaic St Unit 2 is a home located in Bergen County with nearby schools including Garfield High School, Bergen Arts and Sciences Charter School, and Passaic Catholic Regional School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 30, 2023
Sold by
Lamadrid Cecilia
Bought by
Mali Empire Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$306,547
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$315,591
Purchase Details
Closed on
Feb 17, 2005
Purchase Details
Closed on
Dec 13, 2002
Sold by
Lamadrid Julio
Bought by
Lamadrid Cecilia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
5.9%
Purchase Details
Closed on
Aug 31, 1998
Sold by
Messineo Arthur J and Messineo William M
Bought by
Lamadrid Julio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,750
Interest Rate
6.9%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mali Empire Llc | $445,000 | Madison Title | |
| Mali Empire Llc | $445,000 | Madison Title | |
| -- | -- | -- | |
| Lamadrid Cecilia | -- | -- | |
| Lamadrid Julio | $99,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mali Empire Llc | $312,000 | |
| Closed | Mali Empire Llc | $312,000 | |
| Previous Owner | Lamadrid Cecilia | $147,000 | |
| Previous Owner | Lamadrid Julio | $104,750 |
Source: Public Records
Tax History Compared to Growth
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 | $7,488 | $224,400 | $80,800 | $143,600 |
| 2024 | $7,363 | $224,400 | $80,800 | $143,600 |
| 2023 | $6,999 | $224,400 | $80,800 | $143,600 |
| 2022 | $6,999 | $224,400 | $80,800 | $143,600 |
| 2021 | $6,306 | $224,400 | $80,800 | $143,600 |
| 2020 | $6,647 | $224,400 | $80,800 | $143,600 |
| 2019 | $6,521 | $224,400 | $80,800 | $143,600 |
| 2018 | $6,375 | $224,400 | $80,800 | $143,600 |
| 2017 | $6,263 | $224,400 | $80,800 | $143,600 |
| 2016 | $6,077 | $224,400 | $80,800 | $143,600 |
| 2015 | $5,926 | $224,400 | $80,800 | $143,600 |
| 2014 | $5,769 | $224,400 | $80,800 | $143,600 |
Source: Public Records
Map
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