53 Pennington Ave, Passaic, NJ 07055 Property Records

Passaic County and Passaic City property record for 53 Pennington Ave, Passaic, NJ 07055

Property Summary

Property Type	Apartments (5+ Units)
Details	built 1950
Lot Size	0.224 acres (9,762 sqft)
Owner	Company Name on File
Last Sale	$8,025,000 (Dec 2021)
Tax Bill	$148,336 (2025)
Deeds & Mortgages	Dec 2021 Sale & Mortgage May 2019 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`07-02141-0000-00001`

Property Details

APN / Parcel Number

Primary APN	`07-02141-0000-00001`
Alternative APN	`070214100001`

Interior

Stories	4 Stories

Exterior

Year Built	Built 1950
Effective Year Built	Effective 1950
Exterior Material	Brick
Construction Type	Brick
Lot Area	9,762 sqft (0.224 acres)
Lot Dimensions	122 ft deep x 80 ft wide

Location & Zoning

Street Address	53 PENNINGTON AVE
City	PASSAIC
State	NJ
Zip	07055
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	R-2
Legal Description	INCL BLK 2141 LOT 1 BLK 2157 LOT 19 & BLK 2200 LOT34 & 35
Legal Block	2141
Legal Lot Number	1
Jurisdiction	PASSAIC NJ
Township / Civil Division	PASSAIC
Census Block Group	1
Census Block	1002
Census Tract	175801

Owner

53 Pennington Ave, a residential property, is owned by a company that bought it in December 2021.

Source: Passaic County and Passaic City records, as of July 8, 2026

Owner of Record	Company Name on File
Mailing Address	PO BOX 7041, ROCHELLE PARK, NJ 07662-7041
Owner Type	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Dec 2, 2021	Deed, Transfer · Commercial Mortgage GREYSTONE SERVICING COMPANY LLC
May 15, 2019	Quit Claim Deed, Transfer COREVEST AMERICAN FIN LENDER L

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 2, 2021 · Amount on File
Deed Sale	Dec 2, 2021 · Amount on File
Prior Sale	Apr 9, 2018 · Amount on File
Deed Document Number	202175174
Deed Book / Page	4192 / 170
Prior Transfer Date	Oct 25, 2021
Prior Transfer Doc	0000075174
Record Updated	Sep 20, 2026

December 2021: Deed, Transfer

Document Type	Deed
Jurisdiction	PASSAIC NJ
Recording Date	Dec 2, 2021
Property Address	53 PENNINGTON AVE, PASSAIC, NJ 07055
Document Number	0000075174
Book / Page	D4192 / 170
Instrument Date	Oct 25, 2021
Instrument	2021075174
Transaction Type	Transfer
Record Updated	Dec 31, 2021
Title Company	DOWTOWN TITLE AGENCY, TOWN TITLE AGENCY

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$28,087.50
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	175 BROADWAY # 1, 175, PATERSON, NJ 07505-1117

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	467 SYLVAN AVE, ENGLEWOOD CLIFFS, NJ 07632-2945

Mortgage

Document Number	0000075175
Date	Dec 2, 2021
Instrument	2021075175

Lender

Name	GREYSTONE SERVICING COMPANY LLC
Type	Non-Lending Institution

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

May 2019: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	PASSAIC NJ
Recording Date	May 15, 2019
Property Address	53 PENNINGTON AVE, PASSAIC, NJ 07055
Document Number	0000020897
Book / Page	003576 / 000186
Instrument Date	Apr 29, 2019
Instrument	20897
Transaction Type	Transfer
Record Updated	Jun 7, 2019
Title Company	ATLANTIS NATIONAL SERVICES, ATLANTIS NAT'L SVCS

Transaction

Tax	$0.00
Additional	Quitclaim Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	449 E 18TH ST PATERSON NJ 075242711, PATERSON, NJ 07524-2711

Mortgage

Document Number	20898
Date	May 15, 2019
Book Page	015518/000202
Instrument	20898

Lender

Name	COREVEST AMERICAN FIN LENDER L
Address	1920 MAIN ST # 850, IRVINE, CA 92614-7285

Agreement

Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 53 Pennington Ave was $148,336, up 3.6% from the year before.

Source: Passaic County and Passaic City assessment roll, as of July 8, 2026

Property Jurisdictions

Type	Name
State	New Jersey
County	Passaic County
Municipality	Passaic City
Unified School District	Passaic City School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$3,483,700 (-) Land $123,800 Building $3,359,900	$3,483,700 (-) Land $123,800 Building $3,359,900
2025	$148,336.00 (+3.65%)	$3,483,700 Land $123,800 Building $3,359,900	$3,483,700 Land $123,800 Building $3,359,900
2024	$143,118.00
2023		$3,471,200	$3,483,700 Land $123,800 Building $3,359,900
2022	$134,821.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 53 Pennington Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective May 29, 2024

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 53 Pennington Ave has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	PASSAIC VALLEY WATER COMMISSION serves 310,483 people · EPA ID NJ1605002
Water Source	Surface water
Lead	2 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Corrosion control Jul 2021
Monitoring and Reporting	2 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 488 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Optimum Fiber · Cable	8,000 / 8,000
Verizon Fiber · Fixed Wireless in parts of the area	2,300 / 2,300
AT&T Fixed Wireless	100 / 20

May also be available: T-Mobile.

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