NOT LISTED FOR SALE

114-116 2nd St Newark, NJ 07107

Forest Hill Neighborhood

Estimated Value: $689,000 - $850,000

-- Bed
-- Bath
-- Sq Ft
3,380 Sq Ft Lot

Last Sold December 22, 2022

Last sale price $501,000

Est. 57% increase in value since last sale

Current estimated payment $5,205/month

91 Days on Market

About This Home

As of December 2022

This home is located at 114-116 2nd St, Newark, NJ 07107 since 01 September 2022 and is currently estimated at $797,286. 114-116 2nd St is a home located in Essex County with nearby schools including Rafael Hernandez School, First Avenue Elementary School, and Franklin School.

Last Agent to Sell the Property

Manuel Couto

NENO-ROSA AGENCY Brokerage Phone: 201-997-7860 Listed on: 09/01/2022

Co-Listed By

MORGAN COUTO

NENO-ROSA AGENCY Brokerage Phone: 201-997-7860

Last Buyer's Agent

NANCY YOUSSEF-ASTACIO

REALTYMARK SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,174

Lot Details

  • 3,380 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,174

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 114-116
  • I D: 5176391
  • Modified: 2023-12-23
  • Number Images: 1
  • Attribution Contact: 201-997-7860
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 3380 SF
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2015
Sold by
Sheriff Armando Fontoura
Bought by
Sec Of Housing & Urban Devel
Current Estimated Value
$788,870

Purchase Details

Closed on
Apr 25, 2008
Sold by
Weberling Carlos
Bought by
Pires Celina F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,980
Interest Rate
5.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2005
Sold by
Kdtmo Holding Llc
Bought by
Weberling Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,300
Interest Rate
5.67%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sec Of Housing & Urban Devel $100 --
Pires Celina F $560,000 Ats Title Agency Inc
Weberling Carlos $431,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pires Celina F $539,980
Previous Owner Weberling Carlos $424,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $501,000 +25.3% --
12/01/2022 12/01/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $399,900 0.0% --
09/19/2022 09/19/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $399,900 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,174 $272,900 $29,400 $243,500
2024 $10,174 $272,900 $29,400 $243,500
2022 $10,196 $272,900 $29,400 $243,500
2021 $10,190 $272,900 $29,400 $243,500
2020 $10,370 $272,900 $29,400 $243,500
2019 $10,264 $272,900 $29,400 $243,500
2018 $10,078 $272,900 $29,400 $243,500
2017 $9,715 $272,900 $29,400 $243,500
2016 $9,388 $272,900 $29,400 $243,500
2015 $9,030 $272,900 $29,400 $243,500
2014 $8,463 $272,900 $29,400 $243,500
Source: Public Records

Agents Affiliated with this Home

  • Manuel Couto

    Seller's Agent in 2022

    Manuel Couto

    NENO-ROSA AGENCY

    (908) 490-0534

    2 in this area

    71 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2022

    MORGAN COUTO

    NENO-ROSA AGENCY

  • N

    Buyer's Agent in 2022

    NANCY YOUSSEF-ASTACIO

    REALTYMARK SELECT

See All Agents

Map

Source: Garden State MLS

MLS Number: 3805167

Garden State MLS

APN: 14-01884-0000-00029

New Jersey Essex County Newark 07104 Forest Hill

114-116 2nd St, Newark, NJ

This home is located at 114-116 2nd St, Newark, NJ 07107 since 01 September 2022 and is currently estimated at $797,286. 114-116 2nd St is a home located in Essex County with nearby schools including Rafael Hernandez School, First Avenue Elementary School, and Franklin School.

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