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105 Gregory Avenue

105 Gregory Avenue, Passaic, NJ 07055
Property in Passaic
Sold Apr 06, 2017
$4,820,500
$3,790,000 by Cbre Capital Markets Inc
Mortgage Due Apr 01, 2037
Sold Apr 08, 2005
$5,400,000
$4,050,000 by Washington Mutual Bank Fa
Mortgage
105 Gregory Avenue has been categorized by the local assessors in Passaic, NJ as a residential type of property. The building has a total of 4 stories. The linear feet between the front and back of the lot is 2,000 ft and across the front of the lot is 860 ft. The area measurement of the land has been determined as 17,200 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 105 Gregory Avenue sold most recently in Mar 23, 2017 for a total of $4,820,500. Before that, the property was also sold for $5,400,000 in Mar 22, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $81,564 in taxes each year. 105 Gregory Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,100,000. If we break it down further, the land itself was valued at $146,000. Improvements to the property, however, were assessed at a total of $1,954,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Construction Type: Brick
  • Building Style: Other
  • Exterior Walls Type: Brick
  • Floor Count: 4
  • Living Units: 41
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,200
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 860
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.395
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : 105 GREGORY LLC
  • Previous Owner : EASTES CHAN
  • Owner Before Previous Owner: ZOHAR REALTY CO LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Passaic City School District
  • Census Tract: 175801

Geography

  • District: 07
  • Parcel: 07 02206-0000-00020
  • Block: 2206
  • Lot: 20
  • Municipality: PASSAIC CITY
  • Latitude: 40.8557
  • Longitude: -74.1248

    Address

  • Full Address: 105 Gregory Ave
  • Address - House Number: 105
  • Address - Street Name: Gregory
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Passaic
  • Carrier Code: C001
  • 4-Digit Zip Code: 4858
  • Zip Code: 07055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $81,564

    Appraisal Valuation

  • Standard Deviation: 0.1572
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 68
  • Final Value: 3,034,623
  • High Value: 3,511,890
  • Low Value: 2,557,355

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,790,000
  • First Open Lien Mortgage Lender: CBRE CAPITAL MARKETS INC
  • First Open Lien Mortgage Recording Date: Apr 06, 2017
  • First Open Lien Mortgage Loan Amount: $3,790,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2037

    Market Valuation

  • Market Total Value: $2,100,000
  • Market Land Value: $146,000
  • Market Improvement Value: $1,954,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,100,000
  • Assessed Land Value: $146,000
  • Assessed Improvements Value: $1,954,000

    Sales

  • Current Sale Contract Date: Mar 23, 2017
  • Current Sale Recording Date: Apr 06, 2017
  • Current Sale Transaction ID: 1807257143
  • Current Sale Price: $4,820,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017017684
  • Previous Sale Recording Date: Apr 08, 2005
  • Previous Sale Contract Date: Mar 22, 2005
  • Previous Sale Amount: $5,400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CBRE CAPITAL MARKETS INC
  • First Mortgage Transaction Date: Apr 06, 2017
  • First Mortgage Loan Amount: $3,790,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Apr 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Apr 08, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $4,050,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Passaic



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Frequently Asked Questions

What neighborhood is 105 Gregory Avenue located in?
The 105 Gregory Avenue is a located in the neighborhood of Passaic in Passaic, Passaic.
What is the average sales price for listings in 105 Gregory Avenue?
The average sales price for units in 105 Gregory Avenue is $0 currently.

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