NOT LISTED FOR SALE

135 Congress St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $558,000

9 Beds
6 Baths
1,860 Sq Ft
$300/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $999,999 $538 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $3,613/month

26 Days on Market

About This Home

As of August 2023

Looking for a lucrative real estate investment opportunity in the heart of Newark? Look no further! This property in the Iron Bound section of Newark is the perfect opportunity for those looking to invest in a highly desirable location.This property boasts three units, each measuring 1200 square feet and featuring 3 bedrooms and 2 bathrooms, providing ample living space for residents. The property also includes central air conditioning, ensuring that residents can enjoy comfortable living year-round.What's more, this property is available for the unbeatable price of $1.1 million. With its excellent location in the Iron Bound section of Newark, this property is sure to attract high-quality tenants and provide a healthy return on investment for its owners.The Iron Bound section of Newark is a vibrant and culturally rich community, offering a wide range of amenities and attractions. Property has fire suppression system and video security system.

Last Agent to Sell the Property

Gabrielle Basulto

Keller Williams Prosperity Realty Listed on: 06/25/2023

Keller Williams Prosperity Realty

Last Buyer's Agent

Gregory Letson

Coldwell Banker, Hoboken

Coldwell Banker, Hoboken

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,800

Lot Details

  • 2,566

Home Design

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • Laundry in unit
  • 2,566 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00016 / 00191

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,800

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: 973-696-0077
  • MLS Status: Sold - Sold
  • Directions: GPS
  • Architectural Style: 3 Family
  • Year Built Details: 2020's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 9

Exterior Features

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

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2566.0

Tax Info

  • Tax Annual Amount: 9800.0
  • Tax Block: 00191
  • Tax Lot: 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2023
Closed on
Aug 29, 2023
Sold by
135 Congress Street Llc
Bought by
Clifford Realty 171 Llc
Seller's Agent
Gabrielle Basulto
Keller Williams Prosperity Realty
Buyer's Agent
Gregory Letson
Coldwell Banker, Hoboken
List Price
$1,050,000
Sold Price
$999,999
Premium/Discount to List
-$50,001
-4.76%
Views
10
Current Estimated Value
$558,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$441,999

Purchase Details

Closed on
Nov 28, 2018
Sold by
Scarlet Real Estate Llc
Bought by
135 Congress Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jul 24, 2017
Sold by
Christie Investments Llc
Bought by
Scarlet Real Estate Llc
Seller's Agent
ANTONIO COSTA
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
ANTONIO COSTA
EXIT REALTY LUCKY ASSOCIATES
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2016
Closed on
Feb 10, 2017
Sold by
Sebatino James and Sebatino Vincent
Bought by
Christie Investment Llc
Seller's Agent
JOSE FERREIRA
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
ANTONIO COSTA
EXIT REALTY LUCKY ASSOCIATES
List Price
$227,500
Sold Price
$220,000
Premium/Discount to List
-$7,500
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.85%

Purchase Details

Listed on
Jul 25, 2016
Closed on
Jan 11, 2017
Sold by
Zoppi Felicitas R
Bought by
Rico Nestor and Rico Benedicto J
Seller's Agent
JOSE FERREIRA
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
ANTONIO COSTA
EXIT REALTY LUCKY ASSOCIATES
List Price
$227,500
Sold Price
$220,000
Premium/Discount to List
-$7,500
-3.3%

Purchase Details

Closed on
Jun 4, 2015
Sold by
Sabatino James and Sabatino Pomaro,J
Bought by
Sabatino James and Sabatino Pomaro, J

Purchase Details

Closed on
Jul 16, 2009
Sold by
Inguaggiato Anthony
Bought by
Pomaro Anna and Pomaro Joann

Purchase Details

Closed on
Apr 8, 1991
Sold by
Inguaggiato Inguaggiato A and Inguaggiato Pomaro,A
Bought by
Inaguaggiato Inaguaggiato A and Inaguaggiato Pomaro,A
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
Clifford Realty 171 Llc $999,999 None Listed On Document
135 Congress Street Llc -- Chicago Title
Scarlet Real Estate Llc $250,000 None Available
Christie Investment Llc $220,000 None Available
Rico Nestor -- None Available
Sabatino James -- --
Pomaro Anna -- None Available
Inaguaggiato Inaguaggiato A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clifford Realty 171 Llc $770,000
Previous Owner 135 Congress Street Llc $665,000
Previous Owner 135 Congress Street Llc $506,250
Previous Owner Scarlet Real Estate Llc $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $999,999 0.0% $538 / Sq Ft
08/29/2023 08/29/23 Sold $999,999 -4.8% $538 / Sq Ft
07/23/2023 07/23/23 Price Changed $1,050,000 0.0% $565 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/21/2023 07/21/23 Pending -- -- --
06/25/2023 06/25/23 For Sale $1,050,000 -4.5% $565 / Sq Ft
05/18/2023 05/18/23 For Sale $1,100,000 0.0% $591 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $1,100,000 +340.0% $591 / Sq Ft
07/24/2017 07/24/17 Sold $250,000 -16.4% $134 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $299,000 +35.9% $161 / Sq Ft
02/09/2017 02/09/17 Sold $220,000 -3.3% $118 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $227,500 -- $122 / 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 -- $517,400 $74,500 $442,900
2024 -- $517,400 $74,500 $442,900
2022 $7,169 $517,400 $74,500 $442,900
2021 $4,507 $517,400 $74,500 $442,900
2020 $6,756 $237,200 $74,500 $162,700
2019 $8,921 $237,200 $74,500 $162,700
2018 $8,760 $237,200 $74,500 $162,700
2017 $8,444 $237,200 $74,500 $162,700
2016 $7,910 $237,200 $74,500 $162,700
2015 $7,599 $237,200 $74,500 $162,700
2014 $7,106 $237,200 $74,500 $162,700
Source: Public Records

Agents Affiliated with this Home

  • Gabrielle Basulto

    Seller's Agent in 2023

    Gabrielle Basulto

    Keller Williams Prosperity Realty

    (973) 696-0077

    2 in this area

    49 Total Sales

    Section Image
  • Gregory Letson

    Buyer's Agent in 2023

    Gregory Letson

    Coldwell Banker, Hoboken

    (201) 798-3300

    2 in this area

    30 Total Sales

    Section Image

  • A

    Seller's Agent in 2017

    ANTONIO COSTA

    EXIT REALTY LUCKY ASSOCIATES

  • J

    Seller's Agent in 2017

    JOSE FERREIRA

    EXIT REALTY LUCKY ASSOCIATES

See All Agents

Map

Source: New Jersey MLS

MLS Number: 23019587

New Jersey MLS

APN: 14-00191-0000-00016

New Jersey Essex County Newark 07105 South Ironbound

135 Congress St, Newark, NJ

This home is located at 135 Congress St, Newark, NJ 07105 since 25 June 2023 and is currently priced at $558,000, approximately $300 per square foot. 135 Congress St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary 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.

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

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