NOT LISTED FOR SALE

63 8th Ave Unit 2 Passaic, NJ 07055

Estimated Value: $549,000 - $672,000

-- Bed
3 Baths
5,001 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $580,000 $116 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,155/month

40 Days on Market

About This Home

As of May 2024

This home is located at 63 8th Ave Unit 2, Passaic, NJ 07055 since 05 January 2024 and is currently estimated at $614,223, approximately $122 per square foot. This property was built in 1940. 63 8th Ave Unit 2 is a home located in Passaic County with nearby schools including Passaic High School # 12 and Passaic Arts and Science Charter School.

Last Agent to Sell the Property

JACQUELINE ALMAZAN

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 01/05/2024

Co-Listed By

NICOLE GRILLO

EXP REALTY, LLC Brokerage Phone: 866-201-6210

Last Buyer's Agent

David Moreno

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,050

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,050

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • County Name: Passaic
  • I D: 5262689
  • Attribution Contact: 866-201-6210
  • 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
Jan 5, 2024
Closed on
May 1, 2024
Sold by
63 8Th Ave Holdings Llc
Bought by
Pincay Malvin and Torres Jose M
Seller's Agent
JACQUELINE ALMAZAN
EXP REALTY, LLC
Buyer's Agent
David Moreno
EXP REALTY, LLC
List Price
$549,000
Sold Price
$580,000
Premium/Discount to List
$31,000
5.65%
Views
171
Current Estimated Value
$614,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,223
Avg. Annual Appreciation
3.77%
Original Mortgage
$535,000
Outstanding Balance
$527,369
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$86,854

Purchase Details

Closed on
Apr 5, 2021
Sold by
Joseph Grillo Inc
Bought by
63 8Th Ave Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2019
Sold by
Perez Awilda C and Nationstar Mortgage Llc
Bought by
Joseph Grillo Inc

Purchase Details

Closed on
Mar 30, 2010
Sold by
Ramirez Olga and Ramirez Ramon
Bought by
Perez Awilda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2008
Sold by
Ramirez Olga
Bought by
Ramirez Olga and Ramirez Ramon

Purchase Details

Closed on
May 26, 2005
Sold by
Ramirez Ramon
Bought by
Ramirez Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.79%

Purchase Details

Closed on
Dec 27, 2002
Sold by
Ramirez Ramon
Bought by
Ramirez Ramon

Purchase Details

Closed on
Apr 10, 2000
Sold by
Leibfried Elmar and Leibried Barbara
Bought by
Ramirez Ramon and Lobo Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,837
Interest Rate
8.21%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pincay Malvin $580,000 First Jersey Title Services
Pincay Malvin $580,000 First Jersey Title Services
63 8Th Ave Holdings Llc -- First Fincl Agcy Of Nj Inc
Joseph Grillo Inc $262,000 First Fincl Ttl Agcy Of Nj I
Perez Awilda C $235,000 --
Ramirez Olga -- --
Ramirez Olga $360,000 --
Ramirez Ramon -- --
Ramirez Ramon $170,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pincay Malvin $535,000
Closed Pincay Malvin $535,000
Previous Owner 63 8Th Ave Holdings Llc $100,000
Previous Owner Perez Awilda C $230,743
Previous Owner Ramirez Olga $288,000
Previous Owner Ramirez Ramon $169,837
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2024 05/13/24 Sold $580,000 +5.6% $116 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $549,000 -- $110 / Sq Ft
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 $9,026 $268,000 $75,000 $193,000
2015 $9,231 $121,900 $57,000 $64,900
2014 $9,062 $121,900 $57,000 $64,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3880291

Garden State MLS

APN: 07-03224-01-00031