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64 Summer Street

64 Summer Street, Passaic, NJ 07055
Property in Passaic
Sold Apr 24, 2007
Transfer
$393,600 by Lehman Brothers Bank Fsb
Mortgage Due Mar 01, 2037
Sold Aug 07, 2006
$425,000
$340,000 by New Century Mortgage Corp
Mortgage Due Jul 01, 2036
64 Summer Street in Passaic, NJ was first built in 1900 and is 124 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. 64 Summer Street has 2,349 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 330 ft and the linear feet between the front and back of the lot is 890. In total, the area measurement of the land is 2,937 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Prior to that sales transaction, the property was also sold in Jun 26, 2006 for $425,000. 64 Summer Street was last assessed in 2022. The total value of the property was assessed at $298,800. Specifically, the land the property is located on was valued at $65,000. While improvements on the property were assessed at a total of $233,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $11,605. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 2,937
  • Lot Size Depth Feet: 890
  • Lot Size Frontage Feet: 330
  • Total Building Area: 2,349
  • Gross Building Area: 2,349
  • Building Area: 2,349
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,349
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.067
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : BORBON JUAN E
  • Previous Owner : BORBON JOSE A
  • Owner Before Previous Owner: ZAVALA LUIS A

Neighborhood

  • School District Name: Passaic City School District
  • Census Tract: 175401

Geography

  • District: 07
  • Parcel: 07 04104-0000-00041
  • Block: 4104
  • Lot: 41
  • Municipality: PASSAIC CITY
  • Latitude: 40.8698
  • Longitude: -74.1312

    Address

  • Full Address: 64 Summer St
  • Address - House Number: 64
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Passaic
  • Carrier Code: C023
  • 4-Digit Zip Code: 8606
  • Zip Code: 07055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,605

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 74
  • Final Value: 509,420
  • High Value: 608,168
  • Low Value: 410,671

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $492,000
  • First Open Lien Mortgage Lender: LEHMAN BROTHERS BANK FSB
  • First Open Lien Mortgage Recording Date: Apr 24, 2007
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $393,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2037
  • Second Open Lien Mortgage Lender: LEHMAN BROTHERS BANK FSB
  • Second Open Lien Mortgage Recording Date: Apr 24, 2007
  • Second Open Lien Mortgage Loan Amount: $98,400
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $298,800
  • Market Land Value: $65,000
  • Market Improvement Value: $233,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $298,800
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $233,800

    Sales

  • Current Sale Contract Date: Mar 05, 2007
  • Current Sale Recording Date: Apr 24, 2007
  • Current Sale Transaction ID: 1109252268
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 07, 2006
  • Previous Sale Contract Date: Jun 26, 2006
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEHMAN BROTHERS BANK FSB
  • First Mortgage Transaction Date: Apr 24, 2007
  • First Mortgage Loan Amount: $393,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Mar 01, 2037

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 07, 2006
  • Previous Mortgage Loan Amount: $340,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2036

About Passaic



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Frequently Asked Questions

What neighborhood is 64 Summer Street located in?
The 64 Summer Street is a located in the neighborhood of Passaic in Passaic, Passaic.
What is the average sales price for listings in 64 Summer Street?
The average sales price for units in 64 Summer Street is $0 currently.

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