NOT LISTED FOR SALE

120-122 Fabyan Place Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $640,177 - $771,000

4 Beds
4 Baths
-- Sq Ft
3,498 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $525,000

Est. 27% increase in value since last sale

Current estimated payment $4,334/month

48 Days on Market

About This Home

As of June 2022

4 family home with family tenants in 3 units that are month to month. Each unit has 1 bedroom, 1 kitchen, 1 living room, and 1 dining room. Rents are NOT MARKET value. These style units are commonly setup as 2 bedroom railroads. FANTASTIC OPPORTUNITY! Property is being sold as-is and buyer's will be responsible for the cost and responsibility of getting the CO and Fire Certfor sale. Property is heated by oil but each unit has gas meters ready to go.

Last Agent to Sell the Property

Matthew Meyer

Keller Williams City Life Realty Listed on: 03/31/2022

Keller Williams City Life Realty

Last Buyer's Agent

Vinnell Josephs

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,874

Lot Details

  • 3,498

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 3,498 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00006 / 03083

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,874

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 201-659-8600
  • MLS Status: Sold - Sold
  • Directions: Clinton Ave to Fayban Pl.
  • Architectural Style: 4 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Size Sq Ft: 3498.0

Tax Info

  • Tax Annual Amount: 7874.0
  • Tax Block: 03083
  • Tax Lot: 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jun 24, 2022
Sold by
Simpson Lillie M
Bought by
Douyon Tatiana
Seller's Agent
Matthew Meyer
Keller Williams City Life Realty
Buyer's Agent
Vinnell Josephs
EXP Realty, LLC
List Price
$524,999
Sold Price
$525,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$668,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,299
Avg. Annual Appreciation
9.35%
Original Mortgage
$515,490
Outstanding Balance
$491,142
Interest Rate
5.09%
Mortgage Type
FHA
Estimated Equity
$200,152

Purchase Details

Closed on
Feb 6, 2013
Sold by
Simpson Lillie and Simpson Joseph L
Bought by
Simpson Lillie
Source: Public Records

Range of Values:

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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
Douyon Tatiana $525,000 Sunnyside Title
Simpson Lillie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douyon Tatiana $515,490
Previous Owner Simpson Joseph L $378,000
Previous Owner Simpson Joseph L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $525,000 0.0% --
05/18/2022 05/18/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $524,999 -- --
Source: New Jersey 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 $7,720 $213,800 $27,500 $186,300
2024 $7,720 $213,800 $27,500 $186,300
2022 $7,988 $213,800 $27,500 $186,300
2021 $7,733 $213,800 $27,500 $186,300
2020 $7,874 $213,800 $27,500 $186,300
2019 $7,791 $213,800 $27,500 $186,300
2018 $7,646 $213,800 $27,500 $186,300
2017 $7,361 $213,800 $27,500 $186,300
2016 $7,105 $213,800 $27,500 $186,300
2015 $6,825 $213,800 $27,500 $186,300
2014 $6,380 $213,800 $27,500 $186,300
Source: Public Records

Agents Affiliated with this Home

  • Matthew Meyer

    Seller's Agent in 2022

    Matthew Meyer

    Keller Williams City Life Realty

    (201) 218-0636

    2 in this area

    26 Total Sales

    Section Image
  • Vinnell Josephs

    Buyer's Agent in 2022

    Vinnell Josephs

    EXP Realty, LLC

    (347) 988-8291

    15 in this area

    179 Total Sales

    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22010631

New Jersey MLS

APN: 14-03083-0000-00006

New Jersey Essex County Newark 07112 Weequahic

120-122 Fabyan Place, Newark, NJ

This home is located at 120-122 Fabyan Place, Newark, NJ 07112 since 31 March 2022 and is currently estimated at $691,294. 120-122 Fabyan Place is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Belmont Runyon School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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