163 Hope Avenue

163 Hope Avenue has been categorized by the local assessors in Passaic, NJ as a commercial type of property. The building has a total of 2 stories. The linear feet between the front and back of the lot is 980 ft and across the front of the lot is 275 ft. The area measurement of the land has been determined as 2,695 square feet.

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 frame control joints. 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, 163 Hope Avenue sold most recently in Oct 31, 2023 for a total of $350,000. Before that, the property was also sold for $220,000 in Oct 8, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,569 in taxes each year. The initial year of tax delinquency occurred in 2016. 163 Hope Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $247,200. If we break it down further, the land itself was valued at $63,600. Improvements to the property, however, were assessed at a total of $183,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.