NOT LISTED FOR SALE

70 Central Ave Passaic, NJ 07055

Estimated Value: $580,000 - $713,752

5 Beds
4 Baths
-- Sq Ft
28 Sq Ft Lot

Last Sold November 29, 2022

Last sale price $530,000

Est. 22% increase in value since last sale

Current estimated payment $4,633/month

4 Days on Market

About This Home

As of November 2022

This home is located at 70 Central Ave, Passaic, NJ 07055 since 21 August 2022 and is currently estimated at $646,438. 70 Central Ave is a home located in Passaic County with nearby schools including Passaic High School # 12, Passaic Arts and Science Charter School, and Noble Leadership Academy.

Last Agent to Sell the Property

MALQUIRIS CASTILLO

REAL Brokerage Phone: 866-201-6210 Listed on: 08/21/2022

Co-Listed By

Peter Tlatelpa

REAL Brokerage Phone: 866-201-6210

Last Buyer's Agent

MARIA LAURA VARELA RODRIGUEZ

COMPASS NEW JERSEY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,388

Lot Details

  • 28 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,388

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 70
  • I D: 5174116
  • Modified: 2023-11-30
  • Number Images: 36
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 27 1/2X118
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2022
Closed on
Nov 28, 2022
Sold by
Lopez Manuel J and Lopez Elva Pascual
Bought by
Colmenares Chris Lopez
Seller's Agent
MALQUIRIS CASTILLO
REAL
Buyer's Agent
MARIA LAURA VARELA RODRIGUEZ
COMPASS NEW JERSEY LLC
List Price
$498,888
Sold Price
$530,000
Premium/Discount to List
$31,112
6.24%
Views
3
Current Estimated Value
$646,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,438
Avg. Annual Appreciation
8.13%
Original Mortgage
$450,500
Outstanding Balance
$439,469
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$207,927

Purchase Details

Listed on
Dec 6, 2017
Closed on
Apr 26, 2018
Sold by
Lara Orlando
Bought by
Lopez Manuel J
Seller's Agent
LUIS SANCHEZ
LUIS SANCHEZ REALTY LLC
Buyer's Agent
LUIS SANCHEZ
LUIS SANCHEZ REALTY LLC
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%
Original Mortgage
$260,200
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 1997
Sold by
Meneses Tomas O and Meneses Lucelly
Bought by
Lara Orlando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,934
Interest Rate
7.14%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Colmenares Chris Lopez $530,000 Stewart Title
Lopez Manuel J $265,000 Champion Title Agency Inc
Lara Orlando $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colmenares Chris Lopez $450,500
Previous Owner Lopez Manuel J $259,369
Previous Owner Lopez Manuel J $260,200
Previous Owner Lara Orlando $270,000
Previous Owner Lara Orlando $240,000
Previous Owner Lara Orlando $16,657
Previous Owner Lara Orlando $128,934
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 Sold $530,000 +6.2% --
08/25/2022 08/25/22 Pending -- -- --
08/21/2022 08/21/22 For Sale $498,888 +88.3% --
05/11/2018 05/11/18 Sold $265,000 0.0% --
03/30/2018 03/30/18 Pending -- -- --
12/06/2017 12/06/17 For Sale $265,000 -- --
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 $12,388 $309,400 $63,600 $245,800
2022 $12,017 $309,400 $63,600 $245,800
2021 $11,633 $309,400 $63,600 $245,800
2020 $11,544 $309,400 $63,600 $245,800
2019 $11,377 $309,400 $63,600 $245,800
2018 $11,132 $309,400 $63,600 $245,800
2017 $10,789 $309,400 $63,600 $245,800
2016 $10,421 $309,400 $63,600 $245,800
2015 $9,269 $122,400 $49,200 $73,200
2014 $9,099 $122,400 $49,200 $73,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3803328

Garden State MLS

APN: 07-04117-0000-00017