This home is located at 117 Magazine St Unit 3, Newark, NJ 07105 since 21 April 2021 and is currently estimated at $814,364. This property was built in 1900. 117 Magazine St Unit 3 is a home located in Essex County with nearby schools including Hawkins Street Elementary School, Lafayette Street Elementary School, and Oliver Street School.
Last Agent to Sell the Property
ANTONIO COSTA
EXIT REALTY LUCKY ASSOCIATESBrokerage Phone: 908-289-7746Listed on: 04/21/2021
Last Buyer's Agent
ANA A. SILVA
VYLLA HOME
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$8,157
Year Built
1900
Lot Details
2,614 Sq Ft Lot
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$8,157
Year Built
1900
Lot Details
0
Listing Details
County Name: Essex
Street Number Display: 117
I D: 5065156
Modified: 2023-02-16
Number Images: 1
Attribution Contact: 908-289-7746
MLS Status: Sold
Special Features: None
Property Sub Type: MultiFamily
Year Built (Public Record): 1900
Lot Info
Lot Size: 25X101.2
Total Acres: 0.06
Ownership History
DateNameOwned ForOwner Type
Feb 2022 - PresentSoto Angel and Soto Miguel3 Years and 3 Months
Private Individual
Purchase Details
Listed on
Apr 21, 2021
Closed on
Feb 10, 2022
Sold by
Sousa Jose M
Bought by
Soto Angel and Soto Miguel
Seller's Agent
ANTONIO COSTA
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
ANA A. SILVA
VYLLA HOME
List Price
$760,000
Sold Price
$680,000
Premium/Discount to List
-$80,000
-10.53%
Total Days on Market
203
Current Estimated Value
$814,364
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,364
Avg. Annual Appreciation
5.81%
Original Mortgage
$667,883
Outstanding Balance
$657,145
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$161,668
Sep 1973 - Feb 2022Sousa Jose M and Sousa Sofia48 Years and 5 Months
Development Opportunity In Desirable Location, Exciting Brick Building that owner has plans to convert building into 14 Units AS OF RIGHT, Zoning ARC-4 district in Sussex Ave Redevelopment Plan, Potential to purchase adjacent City Owned Property and Build 17 Units. While planning for development you can get rental income from this Existing Brick Building with big garage multiple rooms, could be
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ICE
ICE Mortgage Technology
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First American
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
Soto Angel
$680,000
First American Title
Sousa Jose M
$32,000
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Soto Angel
$667,883
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
02/15/202202/15/22
Sold
$680,000
-1.3%
--
11/10/202111/10/21
Pending
--
--
--
08/27/202108/27/21
Price Changed
$689,000
-3.6%
--
07/13/202107/13/21
Price Changed
$715,000
-4.0%
--
06/21/202106/21/21
Price Changed
$745,000
-2.0%
--
04/21/202104/21/21
For Sale
$760,000
--
--
Source: Garden State MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 117 Magazine St Unit 3, Newark, NJ 07105 since 21 April 2021 and is currently estimated at $814,364. This property was built in 1900. 117 Magazine St Unit 3 is a home located in Essex County with nearby schools including Hawkins Street Elementary School, Lafayette Street Elementary School, and Oliver Street School.
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