16 days on rocket

516-518 Broadway, Passaic, NJ, 07055

$535,000

Home List Price

$6,353*

Closing Credit

3 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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516-518 Broadway, Passaic$535,000

Buyer Closing Credits

$6,353*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
HeatingElectric, Natural Gas, Hot Water, Radiant
CoolingElectric, Gas
BasementYes
WaterfrontNone
Fireplace1 Fireplace, Gas
ViewNone
MLS #24015061
StatusActive
(ACTIVE)

About 516-518 Broadway

Wonderful 3 bedroom 2 bathroom cape set on an oversized/double lot with a beautiful backyard! A commuter's dream being minutes off the highway and so close to public transportation (train station, bus). A detached 2 car garage and a storage shed are also located on the property which includes a nice, wide, long driveway. There's also a new gas boiler located in the basement along with the washer and dryer. Another plus about this location is the proximity to Third Ward Park which is practically just past your doorstep. If you're looking for a spot to keep warm during the colder months, the easy to maintain gas fireplace will come in handy. In warmer months, you will absolutely love spending time in the spacious sun room! This unique, oversized property is just waiting for your personal touch! This one won't last long so schedule your appointment today before it's too late!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod

Listing Office:

  • Office Name: Keller Williams Realty Metropolitan
  • Listing Agent: Camilia Anka

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: 1 Fireplace, Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Stone, Vinyl, Deck / Patio

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Hot Water, Radiant
  • Cooling: Electric, Gas

School Info

Assigned Schools Information:

  • Passaic High School # 12, Public District Grades 9-12
  • Thomas Jefferson School # 1, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $535,000

Tax Information:

  • Annual Amount: $9,832
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Passaic, NJ.

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Passaic, NJ

City

Med. List Price

$495.7K

Med. Price/SqFt

$278

Avg. Days On Market

99

# of Sold Homes

5

516-518 Broadway vs Passaic

16 DAYS ON ROCKET

-83 Days

$535,000

+$39.2K More

KEY TAKEAWAY

This property is $39.2K more than the Median List Price in Passaic, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24015061

Listing Office:

  • Office Name: Keller Williams Realty Metropolitan
  • Listing Agent: Camilia Anka

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 8:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 06, 2014Home Sold
$275,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,832$261,500
2019$9,408$261,500
2018$9,119$261,500
2017$9,119$261,500

History based on county public records data.

Payment Calculator

$2,738

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,670

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6650902
4
/10

  • Thomas Jefferson School # 1

  • 390 Van Houten Ave

  • 0.49 miles

  • Public District Grades PK-6

High School

school-card-donut-6650903
1
/10

  • Passaic High School # 12

  • 170 Paulison Ave

  • 1.10 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,953. Typical income of Passaic, NJ residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516-518 Broadway

What is the listing price of this property?

The listing price of 516-518 Broadway property is $535,000.

What type of property is this?

The property 516-518 Broadway is a house located in Passaic, New Jersey, 07055.

Is this property for sale now?

Active Listing: 516-518 Broadway is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 516-518 Broadway are:
Thomas Jefferson School # 1: GreatSchools Rating 4/10
Passaic High School # 12: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,832 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 6, 2014 for $275,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 516-518 Broadway has 3 bedrooms and 2 bathrooms.

Rocket Homes›New Jersey›Passaic County›Passaic›07055›516-518 Broadway

This home is located at 516-518 Broadway in Passaic, NJ and zip code 07055 in the Passaic Park neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $535,000.

The inventory of homes for sale in Passaic, NJ between April 2024 and May 2024 increased by 42%. While the average time on the market in May 2024 was 99 days, the median list price was $495,750.

From Rocket Homes Real Estate and based on county public records data.

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