NOT LISTED FOR SALE

642 Passaic Ave Nutley, NJ 07110

Estimated Value: $686,000 - $786,000

4 Beds
3 Baths
-- Sq Ft
3,456 Sq Ft Lot

Last Sold October 03, 2022

Last sale price $500,000

Est. 44% increase in value since last sale

Current estimated payment $4,892/month

278 Days on Market

About This Home

As of October 2022

Rare opportunity to own a 3-family property in the heart of Nutley. Close proximity to major highways, and nearby development sites. ZONED B-2.

Last Agent to Sell the Property

Jeffrey Kist

EXP Realty, LLC Listed on: 10/13/2021

EXP Realty, LLC

Last Buyer's Agent

Maria Tsabrova

Rewards Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,715

Lot Details

  • 3,456

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in unit
  • 3,456 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00004 / 00601

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,715

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: Follow E Passaic Ave and Kingsland St to Passaic Ave in Nutley
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected

Lot Info

  • Lot Size Sq Ft: 3456.0

Tax Info

  • Tax Annual Amount: 13715.0
  • Tax Block: 00601
  • Tax Lot: 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Sep 28, 2022
Sold by
Fasolino Antonio
Bought by
Sadullaev Dilshod and Salimova Nilufar
Seller's Agent
Jeffrey Kist
EXP Realty, LLC
Buyer's Agent
Maria Tsabrova
Rewards Realty
List Price
$649,900
Sold Price
$500,000
Premium/Discount to List
-$149,900
-23.07%
Current Estimated Value
$718,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,961
Avg. Annual Appreciation
11.67%
Original Mortgage
$375,000
Outstanding Balance
$360,810
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$358,151

Purchase Details

Closed on
Sep 24, 2007
Sold by
Swartz Hazel D
Bought by
Fasolino Raffaele and Fasolino Antonia
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sadullaev Dilshod $500,000 Old Republic National
Fasolino Raffaele $450,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadullaev Dilshod $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $500,000 -16.5% --
03/21/2022 03/21/22 Price Changed $599,000 -7.8% --
11/17/2021 11/17/21 For Sale $649,900 -- --
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
2025 $14,026 $544,500 $208,900 $335,600
2024 $14,026 $544,500 $208,900 $335,600
2022 $14,393 $372,500 $192,900 $179,600
2021 $14,319 $372,500 $192,900 $179,600
2020 $13,715 $372,500 $192,900 $179,600
2019 $13,440 $372,500 $192,900 $179,600
2018 $13,078 $372,500 $192,900 $179,600
2017 $12,937 $372,500 $192,900 $179,600
2016 $12,553 $372,500 $192,900 $179,600
2015 $12,352 $372,500 $192,900 $179,600
2014 $12,196 $372,500 $192,900 $179,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 21045299

New Jersey MLS

APN: 16-00601-0000-00004