NOT LISTED FOR SALE

98 Hammond Ave Passaic, NJ 07055

Estimated Value: $642,396 - $865,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold August 29, 2023

Last sale price $675,000

Est. 8% increase in value since last sale

Current estimated payment $4,738/month

77 Days on Market

About This Home

As of August 2023

This home is located at 98 Hammond Ave, Passaic, NJ 07055 since 17 February 2023 and is currently estimated at $729,849. This property was built in 1930. 98 Hammond Ave is a home located in Passaic County with nearby schools including Passaic High School # 12 and Passaic Arts and Science Charter School.

Last Agent to Sell the Property

LEONARDO TATIS

UNITED REAL ESTATE Brokerage Phone: 201-559-5770 Listed on: 02/17/2023

UNITED REAL ESTATE

Last Buyer's Agent

Hipolito Touron

KELLER WILLIAMS VILLAGE SQUARE

KELLER WILLIAMS VILLAGE SQUARE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,149

Year Built

  • Built in 1930

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,149

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • County Name: Passaic
  • Street Number Display: 98
  • I D: 5204376
  • Modified: 2024-08-30
  • Number Images: 1
  • Attribution Contact: 201-559-5770
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Aug 17, 2023
Sold by
Velasquez Jonathan S
Bought by
Perez Jerry
Seller's Agent
LEONARDO TATIS
UNITED REAL ESTATE
Buyer's Agent
Hipolito Touron
KELLER WILLIAMS VILLAGE SQUARE
List Price
$899,999
Sold Price
$675,000
Premium/Discount to List
-$224,999
-25%
Views
251
Current Estimated Value
$729,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,849
Avg. Annual Appreciation
4.02%
Original Mortgage
$23,625
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2018
Closed on
Feb 21, 2019
Sold by
Barro Daniel C and Estate Of Maria C Barro
Bought by
Velasquez Jonathan S
Seller's Agent
PHILIP PICINICH
COLDWELL BANKER REALTY
Buyer's Agent
Andres Ospina
KELLER WILLIAMS PARK VIEWS
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.64%
Original Mortgage
$343,660
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Perez Jerry $675,000 Fidelity National Title
Velasquez Jonathan S -- Sunnyside Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Jerry $153,081
Closed Perez Jerry $43,744
Closed Perez Jerry $23,625
Previous Owner Perez Jerry $662,774
Previous Owner Velasquez Jonathan S $343,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $675,000 +3.8% --
05/05/2023 05/05/23 Pending -- -- --
04/17/2023 04/17/23 Price Changed $649,999 -23.5% --
03/26/2023 03/26/23 Price Changed $849,999 -5.6% --
02/17/2023 02/17/23 For Sale $899,999 +157.1% --
02/22/2019 02/22/19 Sold $350,000 0.0% --
08/27/2018 08/27/18 For Sale $350,000 -- --
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 $9,149 $228,500 $62,400 $166,100
2023 $8,875 $228,500 $62,400 $166,100
2022 $8,875 $228,500 $62,400 $166,100
2021 $8,592 $228,500 $62,400 $166,100
2020 $8,525 $228,500 $62,400 $166,100
2019 $8,402 $228,500 $62,400 $166,100
2018 $8,221 $228,500 $62,400 $166,100
2017 $7,968 $228,500 $62,400 $166,100
2016 $7,696 $228,500 $62,400 $166,100
2015 $10,466 $141,500 $54,500 $87,000
2014 $10,269 $141,500 $54,500 $87,000
Source: Public Records

Agents Affiliated with this Home

  • LEONARDO TATIS

    Seller's Agent in 2023

    LEONARDO TATIS

    UNITED REAL ESTATE

    (201) 906-4570

    1 in this area

    34 Total Sales

    Section Image

  • H

    Buyer's Agent in 2023

    Hipolito Touron

    KELLER WILLIAMS VILLAGE SQUARE

    (201) 726-3933

    1 in this area

    95 Total Sales

    Section Image

  • P

    Seller's Agent in 2019

    PHILIP PICINICH

    COLDWELL BANKER REALTY

    (201) 414-0939

    2 Total Sales

    Section Image
  • Andres Ospina

    Buyer's Agent in 2019

    Andres Ospina

    KELLER WILLIAMS PARK VIEWS

    (201) 294-9968

    5 in this area

    176 Total Sales

    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3829389

Garden State MLS

APN: 07-02195-0000-00022

New Jersey Passaic County Passaic 07055

98 Hammond Ave, Passaic, NJ

This home is located at 98 Hammond Ave, Passaic, NJ 07055 since 17 February 2023 and is currently estimated at $729,849. This property was built in 1930. 98 Hammond Ave is a home located in Passaic County with nearby schools including Passaic High School # 12 and Passaic Arts and Science Charter School.

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