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Sold for $850,000
  • $850,000

    48 Park Ave #50, Passaic, NJ 07055

    9beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $1,020,200 Zestimate®
    $--/sqft
    $2,378 Estimated rent

    Home value

    $1,020,200

    $939,000 - $1.10M

    $2,378/mo

    Zestimate® history
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    What's special

    Houses of worshipModern bathroomModern large bathroomPocket doorsGs parkway
    Ideally Located, In Great Conditions, Large 3 Family Home In Passaic Park w/Off Street Parking. 1st Level comes with 3 Large Bedrooms, Living Room w/ Pocket Doors, Dining Room, EIK and Modern Bathroom. 2nd Level comes with 4 Large Bedrooms, Living Room w/ Pocket Doors, EIK, Modern Bathroom, Front & Rear Entrance, Great Covered Porch. 3rd Level Comes with Modern Apartment, 2 Bedrooms, EIK, Large Living Room w/Skylight and Modern Large Bathroom, Front & Rear Entrance. Parking for 4-5 Cars / Off Street Parking. Tall Finished Basement. Separate Utilities. Recently Passed State Inspections. Home Is Fully Occupied with all Floors Becoming Month to Month Occupancy At End of This Month. Current Rents Are Below Market Value. Close to Shops. Parks, Houses Of Worship, Restaurants, Easy Access to Rt 21, RT 3, Rt 46, GS Parkway and 20-30 Minutes to Downtown Manhattan Bus Ride 1 Block Away-NJ Transit.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ismael Medina 973-246-7040,

    Buildings Realty, LLC

    Bought with:

    Francis Joissim

    Pearl Gate Realty

    Source: NJMLS,MLS#: 24001579MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Laundry: None

    Property

    Parking
    • Total spaces: 5
    Details
    • Parcel number: 0701263000000030

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Utilities & green energy

    • Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat

    Community & HOA

    Location
    • Region: Passaic

    Financial & listing details

    • Tax assessed value: $429,200
    • Annual tax amount: $17,185
    • Date on market: 1/16/2024
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    5/28/2024Sold$850,000+18.1%
    Source: NJMLS #24001579 Report a problem
    2/12/2024Pending sale$719,900
    Source: NJMLS #24001579 Report a problem
    1/16/2024Listed for sale$719,900+176.6%
    Source: NJMLS #24001579 Report a problem
    2/12/2018Sold$260,293+0.1%
    Source: Public Record Report a problem
    9/22/2011Sold$260,000-13.3%
    Source: Public Record Report a problem
    5/20/2010Sold$300,000-45.5%
    Source: Public Record Report a problem
    2/15/2007Sold$550,000+223.5%
    Source: Public Record Report a problem
    12/9/1999Sold$170,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,696 +3%$429,200
    2024$17,185 $429,200
    2023$17,185 +3.9%$429,200
    2022$16,533 +2.4%$429,200
    2021$16,138 -5%$429,200
    2020$16,988 +2.2%$429,200 -7.1%
    2019$16,623 +3.2%$462,000
    2018$16,110 +3.5%$462,000
    2017$15,560 +28.4%$462,000
    2016$12,117 -8.8%$462,000 +188.8%
    2015$13,285 +3.1%$160,000 -10.5%
    2014$12,886 +2.9%$178,700 +1.4%
    2013$12,523 +3.1%$176,200
    2012$12,142 +0.6%$176,200
    2011$12,064 +12.2%$176,200
    2010$10,754 $176,200
    2009-- $176,200
    2008-- $176,200
    2007-- $176,200
    2006-- $176,200
    2005-- $176,200
    2004-- $176,200
    2003-- $176,200
    2002-- $176,200
    2001-- $176,200
    Find assessor info on the county website

    Neighborhood: 07055

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,020,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,020,200