NOT LISTED FOR SALE

13 Willoughby St Unit 15 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $502,485 - $557,000

6 Beds
2 Baths
-- Sq Ft
3,729 Sq Ft Lot

Last Sold December 17, 2019

Last sale price $250,000

Est. 111% increase in value since last sale

Current estimated payment $3,651/month

23 Days on Market

About This Home

As of December 2019

Great location in up coming Weequahic section of newark. 2 family home on quiet neighborhood near houses of worship, parks, and public transportation. Great investment property 8% Cap.

Last Agent to Sell the Property

Augusto Verissimo

Weichert Home City Realty Listed on: 09/03/2019

Weichert Home City Realty

Last Buyer's Agent

Augusto Verissimo

Weichert Home City Realty Listed on: 09/03/2019

Weichert Home City Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,292

Year Built

  • 1909

Lot Details

  • 3,729 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built between 1900 - 1939

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Separate Meters
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 071403053 00018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,292

Year Built

1909

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/Trans
  • Views/Exposure: None
  • Year Built (Public Record): 1900-1939
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 10
  • Fireplace: None
  • Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Laundry: None

Exterior Features

  • Waterfront: None
  • Exterior Finish: Aluminum

Garage/Parking

  • Garage: Park Space

Utilities

  • Heating: Gas, Radiators
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Heat, Sep Water
  • Cooling: Win/AC

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot: 00018
  • Estimated Lot Sq Ft: 3729
  • Lot Description: Regular

Tax Info

  • Tax: 5292
  • Assessor Parcel Number: 071403053 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2019
Closed on
Dec 12, 2019
Sold by
Cheng Hoi C
Bought by
Pauta Julio
Seller's Agent
Augusto Verissimo
Weichert Home City Realty
Buyer's Agent
Augusto Verissimo
Weichert Home City Realty
List Price
$280,000
Sold Price
$250,000
Premium/Discount to List
-$30,000
-10.71%
Total Days on Market
23
Current Estimated Value
$528,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,371
Avg. Annual Appreciation
14.72%
Original Mortgage
$281,146
Outstanding Balance
$250,520
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$277,851

Purchase Details

Closed on
Mar 25, 2015
Sold by
Spira Moshe
Bought by
Niazi Llc

Purchase Details

Closed on
Jun 4, 2007
Sold by
Spira Moshe and Landau Ichok
Bought by
Spira Moshe

Purchase Details

Closed on
Apr 17, 2002
Sold by
Austin Capital Inc
Bought by
Burke Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.9%
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
Pauta Julio $255,000 Old Republic Title
Niazi Llc $55,000 --
Spira Moshe -- Multiple
Burke Rose $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pauta Julio H $45,153
Open Pauta Julio H $281,146
Previous Owner Cheng Hoi Chak $230,743
Previous Owner Spira Moshe $224,000
Previous Owner Spira Moshe $139,930
Previous Owner Spira Moshe $39,980
Previous Owner Burke Rose $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2019 12/17/19 Sold $250,000 -10.7% --
09/26/2019 09/26/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $280,000 +19.1% --
05/12/2016 05/12/16 Sold $235,000 +2.2% --
10/15/2015 10/15/15 Pending -- -- --
10/13/2015 10/13/15 For Sale $230,000 -- --
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
2024 $8,313 $223,000 $29,000 $194,000
2022 $8,331 $223,000 $29,000 $194,000
2021 $8,327 $223,000 $29,000 $194,000
2020 $5,445 $143,300 $29,000 $114,300
2019 $5,390 $143,300 $29,000 $114,300
2018 $5,292 $143,300 $29,000 $114,300
2017 $5,101 $143,300 $29,000 $114,300
2016 $4,930 $143,300 $29,000 $114,300
2015 $4,742 $143,300 $29,000 $114,300
2014 $4,444 $143,300 $29,000 $114,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1940760

New Jersey MLS

APN: 14-03053-0000-00018