NOT LISTED FOR SALE

70 Union Ave Passaic, NJ 07055

Estimated Value: $547,000 - $707,000

4 Beds
2 Baths
-- Sq Ft
4,800 Sq Ft Lot

Last Sold November 22, 2021

Last sale price $500,000

Est. 30% increase in value since last sale

Current estimated payment $4,332/month

27 Days on Market

About This Home

As of November 2021

Great Investment opportunity 2 family house in Passaic!! Offers 2 over 2 bedrooms, 1 full bathroom, kitchen, living and dining space, Each unit has it's own laundry and dryer, Large attic with high ceilings, Two car detached garage with private backyard and fence, Finished basement with full bath, Recently renovated porch. Property has a lot of potential, for a Investor or first time home buyer, close to transportation, parks, stores and more. The property will be sold strictly as is conditions!!

Last Agent to Sell the Property

Veronica Hernandez

EXP Realty, LLC Listed on: 07/14/2021

EXP Realty, LLC

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,806

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 48x100

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit

Listing and Financial Details

  • Legal Lot and Block 00026 / 01291

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,806

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: 201-854-8888
  • MLS Status: Sold - Sold
  • Directions: Park Ave & Spring St
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Remarks: FULL, FINISHED

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Dimensions: 48x100
  • Lot Size Sq Ft: 4800.0

Tax Info

  • Tax Annual Amount: 9806.0
  • Tax Block: 01291
  • Tax Lot: 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Oct 1, 2021
Sold by
Patel Jayprakash J and Patel Bharati J
Bought by
Decena Ernesto A
Seller's Agent
Veronica Hernandez
EXP Realty, LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$488,000
Sold Price
$500,000
Premium/Discount to List
$12,000
2.46%
Current Estimated Value
$651,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,256
Avg. Annual Appreciation
6.74%
Original Mortgage
$375,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2002
Sold by
Pereda Pedro
Bought by
Veras Rafaela and Capellan Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,678
Interest Rate
6.9%
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
Decena Ernesto A $500,000 New Title Company Name
Veras Rafaela $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Decena Ernesto A $375,000
Previous Owner Veras Rafaela $211,678
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $500,000 +2.5% --
08/10/2021 08/10/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $488,000 -- --
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 $10,996 $266,700 $113,300 $153,400
2024 $10,679 $266,700 $113,300 $153,400
2022 $10,359 $266,700 $113,300 $153,400
2021 $10,028 $266,700 $113,300 $153,400
2020 $9,951 $266,700 $113,300 $153,400
2019 $9,807 $266,700 $113,300 $153,400
2018 $9,596 $266,700 $113,300 $153,400
2017 $9,300 $266,700 $113,300 $153,400
2016 $8,982 $266,700 $113,300 $153,400
2015 $11,306 $149,300 $71,600 $77,700
2014 $11,099 $149,300 $71,600 $77,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21028551

New Jersey MLS

APN: 07-01291-02-00026