NOT LISTED FOR SALE

Estimated Value: $388,000 - $460,968

4 Beds
2 Baths
1,640 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $315,000 $192 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,510/month

68 Days on Market

About This Home

As of June 2023

Welcome to 122 Sunset, a lovely 2-family home in the tree lined, Vailsburg section of Newark! Unit 1 introduces an eat-in kitchen, full bathroom, living room and 1-bedroom. Unit 2 is a duplex featuring 2-levels, an eat-in kitchen with pantry, living room, full bathroom and 3-bedrooms with dedicated closets. Opportunity abounds in the full, unfinished, walk-out basement with separate utilities. A rear deck and large backyard with privacy fence completes this home. Convenient to downtown, Seton Hall University, mass transit to NYC, Newark International Airport and much more. Buyer responsible for all repairs in obtaining the Certificate of Occupancy, Fire and Safety. Subject will be delivered vacant at closing. Act now and make this your new home today!

Last Agent to Sell the Property

Keith Gilliard

Keller Williams Park Views Listed on: 02/01/2023

Keller Williams Park Views

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,445

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25 x 100

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00065 / 04059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,445

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 201-939-0050
  • MLS Status: Sold - Sold
  • Directions: South Orange Ave to Sunset Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Dimensions: 25 X 100
  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 3445.0
  • Tax Block: 04059
  • Tax Lot: 00065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Jun 14, 2023
Sold by
Torres Violeta
Bought by
Mcdonald Nyron
Seller's Agent
Keith Gilliard
Keller Williams Park Views
Buyer's Agent
Outside Agent
Outside Office
List Price
$315,000
Sold Price
$315,000
Views
108
Current Estimated Value
$425,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,742
Avg. Annual Appreciation
12.49%
Original Mortgage
$325,839
Outstanding Balance
$315,671
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$110,071

Purchase Details

Closed on
Aug 23, 2018
Sold by
Rental Shop Llc
Bought by
Torres Violeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,306
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2010
Sold by
Professional Management Network Corporat
Bought by
Batte Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,943
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 2009
Sold by
Us Bank National Association
Bought by
Professional Management Network Corporat

Purchase Details

Closed on
Jun 20, 2008
Sold by
Mulligan Louise M
Bought by
Us Bank Na

Purchase Details

Closed on
Sep 22, 2006
Sold by
Dlj Holdings Llc
Bought by
Mulligan Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
9.42%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 17, 2006
Sold by
Aberdeen Hazel
Bought by
Dlj Holdings Llc

Purchase Details

Closed on
Feb 28, 2005
Sold by
Manufacturers & Traders Trust
Bought by
Aberdeen Hazel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
5.66%
Mortgage Type
FHA
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcdonald Nyron $315,000 True Value Title
Torres Violeta $210,000 --
Batte Rodney $230,000 Progressive Title Agency Inc
Professional Management Network Corporat $32,000 Journeyman Title Agency Inc
Us Bank Na -- None Available
Mulligan Louise $280,000 --
Dlj Holdings Llc $205,000 --
Aberdeen Hazel $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Nyron $325,839
Previous Owner Torres Violeta $205,306
Previous Owner Batte Rodney $226,943
Previous Owner Mulligan Louise $280,000
Previous Owner Aberdeen Hazel $151,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2023 06/15/23 Sold $315,000 0.0% $192 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $315,000 -- $192 / Sq Ft
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 $3,437 $92,200 $16,300 $75,900
2024 $3,437 $92,200 $16,300 $75,900
2022 $3,445 $92,200 $16,300 $75,900
2021 $3,443 $92,200 $16,300 $75,900
2020 $3,504 $92,200 $16,300 $75,900
2019 $3,468 $92,200 $16,300 $75,900
2018 $3,405 $92,200 $16,300 $75,900
2017 $3,282 $92,200 $16,300 $75,900
2016 $3,172 $92,200 $16,300 $75,900
2015 $3,051 $92,200 $16,300 $75,900
2014 $2,859 $92,200 $16,300 $75,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 23002952

New Jersey MLS

APN: 14-04059-0000-00065