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57 Westervelt Place

57 Westervelt Place, Passaic, NJ 07055
Property in Passaic
Sold Mar 17, 2014
$280,000
$31,815 by City Of Passaic
Mortgage
Sold Jul 03, 2012
$150,000
57 Westervelt Place has been categorized by the local assessors in Passaic, NJ as a residential type of property. The building on the property was first built in 1925 and is 99 years old. The building has a total of 2 stories. In addition, 57 Westervelt Place has 2,226 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 320 ft. The area measurement of the land has been determined as 2,875 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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, 57 Westervelt Place sold most recently in Feb 24, 2014 for a total of $280,000. If you work out the math, that's approximately a cost of $125.79 per sqft. Before that, the property was also sold for $150,000 in Jun 13, 2012. 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 $11,446 in taxes each year. 57 Westervelt Place was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $294,700. If we break it down further, the land itself was valued at $84,900. Improvements to the property, however, were assessed at a total of $209,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,875
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 320
  • Total Building Area: 2,226
  • Gross Building Area: 2,226
  • Building Area: 2,226
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,226
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.066
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : FIGUEROA JULIO
  • Current Owner 2: FIGUEROA LUZ
  • Previous Owner : 57 WESTERVELT LLC
  • Owner Before Previous Owner: TOXTLI JOSAFAT
  • Owner Before Previous Owner 2: LUCERO JORGE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Passaic City School District
  • Census Tract: 175701

Geography

  • District: 07
  • Parcel: 07 01263-0000-00005
  • Block: 1263
  • Lot: 5
  • Municipality: PASSAIC CITY
  • Latitude: 40.8483
  • Longitude: -74.1245

    Address

  • Full Address: 57 Westervelt Pl
  • Address - House Number: 57
  • Address - Street Name: Westervelt
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Passaic
  • Carrier Code: C010
  • 4-Digit Zip Code: 5619
  • Zip Code: 07055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,446

    Appraisal Valuation

  • Standard Deviation: 0.1972
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 73
  • Final Value: 519,950
  • High Value: 622,515
  • Low Value: 417,385

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $259,981
  • First Open Lien Mortgage Lender: CITY OF PASSAIC
  • First Open Lien Mortgage Recording Date: Mar 17, 2014
  • First Open Lien Mortgage Loan Amount: $31,815
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • Second Open Lien Mortgage Recording Date: Mar 19, 2021
  • Second Open Lien Mortgage Loan Amount: $228,166
  • Second Open Lien Mortgage Term: 284
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2044

    Market Valuation

  • Market Total Value: $294,700
  • Market Land Value: $84,900
  • Market Improvement Value: $209,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $294,700
  • Assessed Land Value: $84,900
  • Assessed Improvements Value: $209,800

    Sales

  • Current Sale Contract Date: Feb 24, 2014
  • Current Sale Recording Date: Mar 17, 2014
  • Current Sale Transaction ID: 1103319199
  • Current Sale Price: $280,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014010969
  • Previous Sale Recording Date: Jul 03, 2012
  • Previous Sale Contract Date: Jun 13, 2012
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY OF PASSAIC
  • First Mortgage Transaction Date: Mar 17, 2014
  • First Mortgage Loan Amount: $31,815
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Passaic



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Frequently Asked Questions

What neighborhood is 57 Westervelt Place located in?
The 57 Westervelt Place is a located in the neighborhood of Passaic in Passaic, Passaic.
What is the average sales price for listings in 57 Westervelt Place?
The average sales price for units in 57 Westervelt Place is $0 currently.

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