NOT LISTED FOR SALE

142 Elm St Newark, NJ 07105

Estimated Value: $898,000 - $948,000

8 Beds
3 Baths
-- Sq Ft
2,374 Sq Ft Lot

Last Sold October 29, 2021

Last sale price $665,000

Est. 38% increase in value since last sale

Current estimated payment $6,145/month

24 Days on Market

About This Home

As of October 2021

This legal 3 family home, located on the heart of the Ironbound section of Newark is conveniently situated within a short walk to all shopping, local restaurants and bakeries, schools and Newark Penn Station.
1st and 2nd floor offers 2 bedrooms, living room, eat in kitchen and full bath, 3rd floor offers living room, eat in kitchen, full bath and a total of 4 bedrooms. Basement is all finished.

Last Listed By

Rosa Branco

Exit Golden Realty Group, LLC Listed on: 08/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,985

Year Built

  • 1900

Lot Details

  • 2,374 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built between 1900 - 1939
  • Stucco Exterior

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Washer and Dryer Hookup

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 071400941 00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,985

Year Built

1900

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 3 Family
  • Lifestyle: None
  • Views/Exposure: None
  • Year Built (Public Record): 1900-1939
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 14
  • Fireplace: None
  • Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Finished, Partial
  • Laundry: Hook Ups

Exterior Features

  • Waterfront: None
  • Exterior Finish: Other, Mason/stucco

Garage/Parking

  • Garage: None

Utilities

  • Heating: Baseboard, Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: Wall A/C, Win/AC

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot: 00005
  • Estimated Lot Sq Ft: 2374
  • Lot Description: Regular

Tax Info

  • Tax: 9985
  • Assessor Parcel Number: 071400941 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 29, 2021
Sold by
Cavadas Denis and Cavadas Maria
Bought by
Lopez Ruby and Lopez Bryan
Seller's Agent
Rosa Branco
Exit Golden Realty Group, LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$650,000
Sold Price
$665,000
Premium/Discount to List
$15,000
2.31%
Total Days on Market
24
Current Estimated Value
$918,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,668
Avg. Annual Appreciation
9.50%
Original Mortgage
$498,750
Outstanding Balance
$461,789
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$456,879

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
Lopez Ruby $665,000 Ats Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Ruby $498,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $665,000 +2.3% --
09/20/2021 09/20/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $650,000 -- --
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 $12,027 $322,600 $68,100 $254,500
2022 $9,919 $265,500 $68,600 $196,900
2021 $9,914 $265,500 $68,600 $196,900
2020 $10,089 $265,500 $68,600 $196,900
2019 $9,985 $265,500 $68,600 $196,900
2018 $9,805 $265,500 $68,600 $196,900
2017 $9,452 $265,500 $68,600 $196,900
2016 $9,133 $265,500 $68,600 $196,900
2015 $8,785 $265,500 $68,600 $196,900
2014 $8,233 $265,500 $68,600 $196,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21035122

New Jersey MLS

APN: 14-00941-0000-00005