NOT LISTED FOR SALE

87 Market St Unit 12 Passaic, NJ 07055

Estimated Value: $959,000 - $3,415,894

-- Bed
2 Baths
-- Sq Ft
7,492 Sq Ft Lot

About This Home

This home is located at 87 Market St Unit 12, Passaic, NJ 07055 and is currently estimated at $2,187,447. 87 Market St Unit 12 is a home located in Passaic County with nearby schools including Passaic High School # 12, Passaic Catholic Regional School, and Noble Leadership Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2023
Sold by
87-91 Market Street Equities Llc
Bought by
Passaic Market St Llc
Current Estimated Value
$2,187,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,960,000
Outstanding Balance
$2,886,459
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
-$699,012

Purchase Details

Closed on
Oct 10, 2018
Sold by
87 91 Market St Llc
Bought by
87 91 Market Street Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,960,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 2010
Sold by
Perez Alex
Bought by
87-91 Market St Llc

Purchase Details

Closed on
Apr 9, 2008
Sold by
Tower Developers Llc
Bought by
Perez Alex

Purchase Details

Closed on
Jan 13, 2006
Sold by
Flores Inocencio
Bought by
Tower Developers Llc

Purchase Details

Closed on
Feb 7, 2000
Sold by
City Of Passaic
Bought by
Flores Inocencio and Flores Gladys
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Passaic Market St Llc $2,838,744 American Land Title
Passaic Market St Llc $2,838,744 American Land Title
Passaic Market St Llc $2,838,744 American Land Title
87 91 Market Street Equities Llc $3,592,500 Riverside Abstract Llc
87-91 Market St Llc $2,200,000 --
Perez Alex $375,000 --
Tower Developers Llc -- --
Flores Inocencio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Passaic Market St Llc $2,960,000
Closed Passaic Market St Llc $2,960,000
Previous Owner 87 91 Market Street Equities Llc $2,960,000
Source: Public Records

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 $28,049 $680,300 $145,000 $535,300
2024 $27,239 $680,300 $145,000 $535,300
2022 $26,423 $680,300 $145,000 $535,300
2021 $25,579 $680,300 $145,000 $535,300
2020 $25,382 $680,300 $145,000 $535,300
2019 $25,015 $680,300 $145,000 $535,300
2018 $24,477 $680,300 $145,000 $535,300
2017 $23,722 $680,300 $145,000 $535,300
2016 $22,913 $680,300 $145,000 $535,300
2015 $19,690 $260,000 $46,900 $213,100
2014 $19,328 $260,000 $46,900 $213,100
Source: Public Records

Map

New Jersey Passaic County Passaic 07055

87 Market St Unit 12, Passaic, NJ

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