$508,580 EMV

Single-Family
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Vineyard Pl
Passaic, NJ 07055

Overview

This possible Bankruptcy asset is located at Vineyard Pl, Passaic, NJ 07055. This property has an estimated market value of $508,580.
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Status: Active
Listing ID: 62846434
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Learn about Vineyard Pl in Passaic, NJ

Our team of real estate experts has conducted a thorough analysis of the current market conditions in Passaic, specifically for Vineyard Pl and comparable listings. Based on this expert analysis, the estimated market value is $508,580. If purchased for rental purposes, the monthly rental rate could range between $1,151 and $1,730, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Vineyard Pl are updated daily along with others in Passaic, New Jersey, ensuring you have the most current and accurate information.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Find out more about this property on Vineyard Pl
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What is the city of Passaic, NJ like?

Passaic, located in northeastern New Jersey, is known for its rich cultural diversity and a strong sense of community. The city offers a mix of urban and suburban lifestyles, making it appealing to families, professionals, and retirees alike. Numerous local businesses and restaurants contribute to a vibrant local economy, ensuring residents have convenient access to everyday necessities and engaging activities.

Education is a key asset in Passaic, with various schools catering to different age groups. The Passaic City School District provides quality educational facilities, alongside private institutions and charter schools that offer diverse curricula. The city's emphasis on education fosters a family-friendly environment where children can thrive academically.

Outdoor enthusiasts can enjoy several parks and recreational areas within Passaic. The city's rich history is reflected in its parks, offering walking trails, sports fields, and picnic areas. Community events often take place in these spaces, fostering a sense of togetherness among residents. Additionally, Passaic's proximity to larger natural reserves provides ample opportunities for hiking and outdoor exploration.

Nearby Schools

There are 4 schools in the area. Nearby schools include Passaic High School and Hamilton Academy.

Passaic High School
Hamilton Academy
School 1
School 10

Nearby Attractions

There are plenty of activities near this property like Passaic Public Library, Passaic Recreation Center, and more.

Passaic Public Library
Passaic Recreation Center
St. Mary's Hospital

What kind of public transportation is there?


Public transportation options include: NJ Transit bus service providing access to NYC and neighboring towns, Nearby Passaic train station offering local and express services. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Barrett Park, Victory Park and more.

Barrett Park
Victory Park
Duke Island Park
Lover's Lane Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
T-Mobile
AT&T
Sprint

Internet Providers

Xfinity
Verizon Fios
Optimum
Rental Chart
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for Vineyard Pl in Passaic New Jersey
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Property Information

Public Records

Bankruptcy

The property located at Vineyard Pl in Passaic, NJ is listed as a potential Bankruptcy asset.

This property may be available as a potential bankruptcy asset in Case Number: 24-22032-jks. It is listed because the address was used as the mailing address for an individual who has filed for bankruptcy on 12-06-2024. This listing at Vineyard Pl in Passaic, New Jersey is among more than 1 million records featured in our comprehensive nationwide real estate database. However, unlike most property records, not all homes / addresses associated with a bankruptcy filing are for sale. We highly recommend that you first contact Marie-ann Greenberg (court-appointed receiver / trustee) listed below (scroll down) under "Legal/Bankruptcy Information" sections to learn whether or not the property is (or will soon be) for sale.

What is a bankruptcy estate?

A property owner who is experiencing difficult financial issues will sometimes file for bankruptcy as a last resort. This is a legal proceeding (usually called Chapter 7 bankruptcy), during which a court-appointed receiver / trustee, like Marie-ann Greenberg, will be assigned to determine all the assets of a distressed property owner. More often than not, a home or property is one of the most valuable assets that the court-appointed receiver / trustee will leverage to satisfy the distressed property owner’s outstanding debts. The contents of the home, as well as any other assets (e.g. cars, boats, etc.), are also often included in a bankruptcy estate. Marie-ann Greenberg is almost always motivated to sell a property included in a bankruptcy filing very fast -- there is no real attachment to it other than to obtain funds to pay off debts. And the savings for a savvy buyer and/or investor looking to buy a house that's part of a bankruptcy filing for sale in Passaic, NJ can be tremendous.

First Steps to Buying a Bankruptcy

In order to purchase a bankruptcy property, you will need to approach Marie-ann Greenberg to pursue your deal.

Contact Marie-ann Greenberg to find out if the property is for sale as part of the bankruptcy.  If so, request the terms for the sale of the property as well as any additional information regarding the condition of the property. This will help you understand the type of investment your are getting into.

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Legal Information

Bankruptcy Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Vineyard Pl located in Passaic, NJ is $1,440/month. Comparable homes around Vineyard Pl that are rentals have monthly ranges starting as low as $1,151 per month and as high as $1,730 per month. An owner looking to use this property as an investment could bring a return in the area of $1,151 - $1,730 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
12/06/24   Bankruptcy

Similar Homes Nearby Passaic, NJ


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Vineyard Pl
Passaic, NJ 07055

Single-Family

$508,580 EMV

Status: Active Listing ID: 62846434

Property Information

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Public Records

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Property Description

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Listing URL

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