Seller's Agent in 2024
Michelle Pais
Signature Realty NJ LLC - Westfield
(908) 868-6581
1 in this area
131 Total Sales
81-83 Spring St Passaic, NJ 07055
Estimated Value: $765,000 - $1,189,000
7
Beds
3
Baths
--
Sq Ft
4,687
Sq Ft Lot
About This Home
As of October 2024Introducing an exceptional three-level multi-family residence nestled in the heart of Passaic, NJ! This property presents a remarkable investment prospect with three distinct apartments. Unit 1 boasts 2 bedrooms, 1 bath, a pantry room, and den. Unit 2 provides 3 bedrooms, 1 bath, and a pantry room. Unit 3 offers 2 bedrooms, 1 bath, along with ample storage closets. Each unit offers generous living space, ensuring a comfortable lifestyle for tenants, making it an appealing choice. Additionally, this home features an unfinished basement with 3 laundry hookups and a 2-car garage. All electrical and plumbing systems are updated to meet 2023 codes, including new windows. Conveniently located just one block from New Jersey transit bus stops and close to the train station, this residence perfectly balances comfort and accessibility. Seize the opportunity to own this prime piece of real estate and unlock its full potential, whether you're an investor or homeowner.
Last Agent to Sell the Property
Signature Realty NJ LLC - Westfield Listed on: 04/29/2024
Last Buyer's Agent
Outside Agent
Outside Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,014
Lot Details
- 4,687
Parking
- 2 Car Garage
Home Design
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Additional Features
- Laundry in unit
- 4,687 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 00008 / 01292
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2024
Closed on
Sep 30, 2024
Sold by
Pollner Melissa Rose
Bought by
Quiroz Gabriel
Seller's Agent
Michelle Pais
Signature Realty NJ LLC - Westfield
Buyer's Agent
Outside Agent
Outside Office
List Price
$889,000
Sold Price
$860,000
Premium/Discount to List
-$29,000
-3.26%
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,538
Avg. Annual Appreciation
13.20%
Original Mortgage
$688,000
Outstanding Balance
$680,916
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$292,622
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 |
|---|---|---|---|
| Quiroz Gabriel | $860,000 | Reliant Title Agency | |
| Quiroz Gabriel | $860,000 | Reliant Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Quiroz Gabriel | $688,000 | |
| Closed | Quiroz Gabriel | $688,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Sold | $860,000 | -3.3% | -- |
| 06/20/2024 06/20/24 | Pending | -- | -- | -- |
| 04/29/2024 04/29/24 | For Sale | $889,000 | -- | -- |
Source: New Jersey MLS
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 | $14,571 | $353,400 | $112,500 | $240,900 |
| 2024 | $14,150 | $353,400 | $112,500 | $240,900 |
| 2022 | $13,594 | $350,000 | $112,500 | $237,500 |
| 2021 | $13,160 | $350,000 | $112,500 | $237,500 |
| 2020 | $13,059 | $350,000 | $112,500 | $237,500 |
| 2019 | $12,870 | $350,000 | $112,500 | $237,500 |
| 2018 | $12,593 | $350,000 | $112,500 | $237,500 |
| 2017 | $12,205 | $350,000 | $112,500 | $237,500 |
| 2016 | $14,789 | $439,100 | $112,500 | $326,600 |
| 2015 | $10,602 | $140,000 | $71,400 | $68,600 |
| 2014 | $10,408 | $140,000 | $71,400 | $68,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Pais
-
Jason Kunzman
Seller Co-Listing Agent in 2024
Jason Kunzman
Signature Realty NJ LLC
(908) 343-4274
1 in this area
20 Total Sales
-
O
Buyer's Agent in 2024
Outside Agent
Outside Office
Map
Source: New Jersey MLS
MLS Number: 24012871
APN: 07-01292-01-00008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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