78 Sherman St, Passaic, NJ 07055 Property Records

Passaic County and Passaic City property record for 78 Sherman St, Passaic, NJ 07055

Property Summary

Property Type	Apartments (5+ Units)
Lot Size	0.095 acres (4,138 sqft)
Owner	Company Name on Record
Last Sale	$850,000 (Aug 2023)
Tax Bill	$14,826 (2025)
Deeds & Mortgages	Dec 2023 Mortgage Aug 2023 Sale & Construction Loan
Flood Zone	Zone X (minimal risk)
APN	`07-04097-0000-00016`

Property Details

APN / Parcel Number

Primary APN	`07-04097-0000-00016`
Alternative APN	`070409700016`

Interior

Units	6 Units
Stories	3 Stories

Exterior

Exterior Material	Brick
Construction Type	Brick
Lot Area	4,138 sqft (0.095 acres)
Lot Dimensions	138 ft deep x 30 ft wide

Location & Zoning

Street Address	78 SHERMAN ST
City	PASSAIC
State	NJ
Zip	07055-6113
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	R-3
Legal Block	4097
Legal Lot Number	16
Jurisdiction	PASSAIC NJ
Township / Civil Division	PASSAIC
Census Block Group	2
Census Block	2002
Census Tract	175401

Owner

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

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	78 SHERMAN ST, PASSAIC, NJ 07055-6113
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
Dec 20, 2023	Deed of Trust, Mortgage · Commercial Mortgage RFLF 7 LLC
Aug 21, 2023	Bargain and Sale Deed, Construction Loan · Construction Mortgage RFLF 4 LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 21, 2023 · Amount on Record
Deed Sale	Aug 21, 2023 · Amount on Record
Prior Sale	Jan 10, 2002 · Amount on Record
Deed Document Number	202326840
Deed Book / Page	4574 / 61
Record Updated	Oct 29, 2026

December 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	PASSAIC NJ
Property Address	78 SHERMAN ST, PASSAIC, NJ 07055-6113
Transaction Type	Mortgage
Record Updated	Nov 3, 2025
Title Company	ICONIC TITLE AGCY, ICONIC TITLE AGENCY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	543 BEDFORD AVE 162, BROOKLYN, NY 11211-8511

Mortgage

Document Number	0000040244
Date	Dec 20, 2023
Book Page	M18741/102
Instrument	2023040244

Lender

Name	RFLF 7 LLC
Type	Non-Lending Institution
Address	CHICAGO, IL 60606

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jan 1, 2054

August 2023: Bargain and Sale Deed, Construction Loan

Document Type	Bargain and Sale Deed
Jurisdiction	PASSAIC NJ
Recording Date	Aug 21, 2023
Property Address	78 SHERMAN ST, PASSAIC, NJ 07055-6113
Document Number	0000026840
Book / Page	D4574 / 61
Instrument Date	Aug 10, 2023
Instrument	2023026840
Transaction Type	Construction Loan
Record Updated	Nov 3, 2025
Title Company	ICONIC TITLE AGCY, ICONIC TITLE AGENCY

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$2,125.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	516 GRAND ST APT 4, 4, HOBOKEN, NJ 07030-2987

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	78 SHERMAN ST, PASSAIC, NJ 07055-6113

Mortgage

Document Number	0000026841
Date	Aug 21, 2023
Instrument	2023026841

Lender

Name	RFLF 4 LLC
Type	Non-Lending Institution

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	13 Months
Due	Sep 1, 2024

Tax Assessment & Valuation

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		$348,200 (-) Land $70,800 Building $277,400	$348,200 (-) Land $70,800 Building $277,400
2025	$14,826.00 (+3.27%)	$348,200 (-) Land $70,800 Building $277,400	$348,200 (-) Land $70,800 Building $277,400
2024	$14,356.00 (+6.15%)
2023		$348,200 (-) Land $70,800 Building $277,400	$348,200 (-) Land $70,800 Building $277,400
2022	$13,524.00	$348,200 Land $70,800 Building $277,400	$348,200 Land $70,800 Building $277,400

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

Flood

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

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 982 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

May also be available: AT&T, T-Mobile.

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