$650,000
SOLD NOV 24, 2024

137 Hobson St Newark, NJ 07112

Weequahic Neighborhood
-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Recently Sold

9% Above List Price

22 Days on Market

About This Home

As of November 2024

This home is located at 137 Hobson St, Newark, NJ 07112 and is currently priced at $650,000. 137 Hobson St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

TOVIA LICHTMAN

KELLER WILLIAMS MID-TOWN DIRECT Brokerage Phone: 973-762-5400 Listed on: 08/21/2024

KELLER WILLIAMS MID-TOWN DIRECT

Last Buyer's Agent

Suselle Salermo

RE/MAX FIRST REALTY II

RE/MAX FIRST REALTY II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,971

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,971

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 137
  • I D: 5307880
  • Modified: 2025-01-02
  • Number Images: 1
  • Attribution Contact: 973-762-5400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X104
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Oct 30, 2024
Sold by
Hobson Mazel Llc
Bought by
Alonso David Cortes
Seller's Agent
TOVIA LICHTMAN
KELLER WILLIAMS MID-TOWN DIRECT
Buyer's Agent
Suselle Salermo
RE/MAX FIRST REALTY II
List Price
$599,000
Sold Price
$650,000
Premium/Discount to List
$51,000
8.51%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.26%
Original Mortgage
$455,000
Outstanding Balance
$452,848
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$174,710

Purchase Details

Listed on
Dec 16, 2022
Closed on
Mar 21, 2023
Sold by
Aaia Rml Llc
Bought by
Hobson Mazel Llc
Seller's Agent
Lim Bances
Lim Bances Realty
Buyer's Agent
Theresa Venezia
Prominent Properties Sotheby's International Realty-Montclair
List Price
$225,000
Sold Price
$225,000
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.75%

Purchase Details

Closed on
Aug 18, 2022
Sold by
Essex County Sheriff
Bought by
Amilcadean Llc

Purchase Details

Closed on
Apr 9, 2021
Sold by
Parris Development Projects Llc
Bought by
Amil Cadean Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
May 8, 2019
Sold by
White William
Bought by
137 Hobson St Newark Llc

Purchase Details

Closed on
Oct 25, 1977
Bought by
Wade Leroy
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 Type Sale Price Title Company
Deed $650,000 First Team Title
Bargain Sale Deed $225,000 Old Republic National Title
Quit Claim Deed -- Old Republic National Title
Sheriffs Deed -- --
Deed $245,000 Madison Settlement Services
Deed $900 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,000 New Conventional
Previous Owner $276,250 Construction
Previous Owner $245,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Rent $2,500 0.0% --
11/24/2024 11/24/24 Sold $650,000 +8.5% --
09/12/2024 09/12/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $599,000 +166.2% --
03/27/2023 03/27/23 Sold $225,000 0.0% --
02/27/2023 02/27/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $225,000 0.0% --
01/09/2023 01/09/23 Off Market $225,000 -- --
12/16/2022 12/16/22 For Sale $225,000 -- --
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
2024 $6,971 $187,000 $26,300 $160,700
2022 $6,986 $187,000 $26,300 $160,700
2021 $5,231 $140,100 $26,300 $113,800
2020 $5,324 $140,100 $26,300 $113,800
2019 $5,269 $140,100 $26,300 $113,800
2018 $5,174 $140,100 $26,300 $113,800
2017 $4,988 $140,100 $26,300 $113,800
2016 $4,819 $140,100 $26,300 $113,800
2015 $4,636 $140,100 $26,300 $113,800
2014 $4,345 $140,100 $26,300 $113,800
Source: Public Records

Agents Affiliated with this Home

  • Suselle Salermo

    Seller's Agent in 2025

    Suselle Salermo

    RE/MAX

    (908) 418-0577

    4 in this area

    266 Total Sales

    Suselle Salermo
    Section Image
  • TOVIA LICHTMAN

    Seller's Agent in 2024

    TOVIA LICHTMAN

    KELLER WILLIAMS MID-TOWN DIRECT

    (347) 470-6144

    26 in this area

    268 Total Sales

    TOVIA LICHTMAN
    Section Image
  • Lim Bances

    Seller's Agent in 2023

    Lim Bances

    Lim Bances Realty

    (908) 242-2892

    3 in this area

    94 Total Sales

    Lim Bances
    Section Image
  • Theresa Venezia

    Buyer's Agent in 2023

    Theresa Venezia

    Prominent Properties Sotheby's International Realty-Montclair

    (201) 513-6026

    1 in this area

    79 Total Sales

    Theresa Venezia
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3919892

Garden State MLS

APN: 14-03064-0000-00031

New Jersey Essex County Newark 07112 Weequahic

137 Hobson St, Newark, NJ

This home is located at 137 Hobson St, Newark, NJ 07112 and is currently priced at $650,000. 137 Hobson St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Peshine Avenue Elementary School.

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