NOT LISTED FOR SALE

121 Weequahic Ave Unit 2 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $511,000 - $634,000

-- Bed
12 Baths
-- Sq Ft
37 Sq Ft Lot

Last Sold July 19, 2021

Last sale price $415,000

Est. 36% increase in value since last sale

Current estimated payment $3,599/month

97 Days on Market

About This Home

As of July 2021

This home is located at 121 Weequahic Ave Unit 2, Newark, NJ 07112 since 11 February 2021 and is currently estimated at $563,359. 121 Weequahic Ave Unit 2 is a home located in Essex County with nearby schools including Chancellor Avenue School, Peshine Avenue Elementary School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Tajudeen Ajadi

LARA REALTY CORP Brokerage Phone: 973-622-1672 Listed on: 02/11/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,344

Lot Details

  • 37 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,344

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 121
  • I D: 5047699
  • Modified: 2022-07-20
  • Number Images: 0
  • Attribution Contact: 973-622-1672
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37.6X103.4 AVG.
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Jul 19, 2021
Sold by
Valente Celia
Bought by
Aqui Ian K
Seller's Agent
Tajudeen Ajadi
LARA REALTY CORP
List Price
$375,000
Sold Price
$415,000
Premium/Discount to List
$40,000
10.67%
Current Estimated Value
$563,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,359
Avg. Annual Appreciation
8.02%
Original Mortgage
$407,483
Outstanding Balance
$371,490
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$202,335

Purchase Details

Closed on
May 12, 2014
Sold by
Bpa Associates Llc
Bought by
Valente Celia

Purchase Details

Closed on
Aug 21, 2013
Sold by
Financial Investment Hold Ings Llc
Bought by
B P A Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.4%

Purchase Details

Closed on
Aug 8, 2011
Sold by
Adaelu Josiah
Bought by
Financial Investment Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
24%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 25, 2007
Sold by
Sterlin Myriam
Bought by
Adaelu Josiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2003
Sold by
Prophete Fritz
Bought by
Sterlin Myriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.03%

Purchase Details

Closed on
Jun 24, 1998
Sold by
Wynn Gregory
Bought by
Prophete Fritz

Purchase Details

Closed on
Mar 25, 1994
Sold by
Assoc Financial Service
Bought by
Wynn Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.27%

Purchase Details

Closed on
Dec 21, 1988
Sold by
Anderson Marian and Anderson Codey
Bought by
Anderson Marian
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
Aqui Ian K $415,000 Collegiate Title Corporation
Valente Celia $260,000 --
B P A Associates Llc -- --
Financial Investment Holdings Llc $70,000 First American Title Ins Co
Adaelu Josiah $350,000 --
Sterlin Myriam $200,000 --
Prophete Fritz $126,000 --
Wynn Gregory $90,000 --
Anderson Marian $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aqui Ian K $407,483
Previous Owner B P A Associates Llc --
Previous Owner Adaelu Josiah $245,000
Previous Owner Sterlin Myriam $180,000
Previous Owner Wynn Gregory $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $415,000 +10.7% --
05/19/2021 05/19/21 Pending -- -- --
05/12/2021 05/12/21 Price Changed $375,000 0.0% --
05/12/2021 05/12/21 For Sale $375,000 +7.1% --
03/25/2021 03/25/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $350,000 -- --
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 $7,344 $197,000 $30,400 $166,600
2024 $7,344 $197,000 $30,400 $166,600
2022 $7,360 $197,000 $30,400 $166,600
2021 $3,499 $93,700 $30,400 $63,300
2020 $3,561 $93,700 $30,400 $63,300
2019 $3,524 $93,700 $30,400 $63,300
2018 $3,460 $93,700 $30,400 $63,300
2017 $3,336 $93,700 $30,400 $63,300
2016 $3,223 $93,700 $30,400 $63,300
2015 $3,101 $93,700 $30,400 $63,300
2014 $2,906 $93,700 $30,400 $63,300
Source: Public Records

Agents Affiliated with this Home

  • Tajudeen Ajadi

    Seller's Agent in 2021

    Tajudeen Ajadi

    LARA REALTY CORP

    (973) 220-5963

    4 in this area

    28 Total Sales

    Tajudeen Ajadi
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Map

Source: Garden State MLS

MLS Number: 3691658

Garden State MLS

APN: 14-03696-0000-00051

New Jersey Essex County Newark 07112 Weequahic

121 Weequahic Ave Unit 2, Newark, NJ

This home is located at 121 Weequahic Ave Unit 2, Newark, NJ 07112 since 11 February 2021 and is currently estimated at $563,359. 121 Weequahic Ave Unit 2 is a home located in Essex County with nearby schools including Chancellor Avenue School, Peshine Avenue Elementary School, and Hawthorne Avenue Elementary School.

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