NOT LISTED FOR SALE

142 Hobson St Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $353,000 - $614,000

6 Beds
2 Baths
-- Sq Ft
2,574 Sq Ft Lot

Last Sold January 24, 2023

Last sale price $480,000

Est. 27% increase in value since last sale

Current estimated payment $3,663/month

70 Days on Market

About This Home

As of January 2023

This home is located at 142 Hobson St, Newark, NJ 07112 since 14 November 2022 and is currently estimated at $500,607. 142 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

Steve Caraccio

West Hoboken Residential, LLC Listed on: 11/14/2022

Last Buyer's Agent

Erick Valencia

Real

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,406

Lot Details

  • 2,574 Sq Ft Lot
  • Lot Dimensions are 25x103

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00052 / 03061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,406

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (201) 903-0444
  • MLS Status: Sold - Sold
  • Directions: GSP to 143B / Lyins Ave to Hobson
  • Architectural Style: 2 Family
  • Year Built Details: 1950's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

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

Utilities

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

Lot Info

  • Lot Dimensions: 25X103
  • Lot Size Sq Ft: 2574.0

Tax Info

  • Tax Annual Amount: 5406.0
  • Tax Block: 03061
  • Tax Lot: 00052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Jan 23, 2023
Sold by
Caraccio Steven
Bought by
Vazquez Nohely
Seller's Agent
Steve Caraccio
West Hoboken Residential, LLC
Buyer's Agent
Erick Valencia
Real
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Views
25
Current Estimated Value
$610,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,804
Avg. Annual Appreciation
1.47%
Original Mortgage
$456,000
Outstanding Balance
$441,191
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$59,416

Purchase Details

Closed on
Sep 27, 2022
Sold by
Grimes Maria and Grimes John D
Bought by
Caraccio Steven

Purchase Details

Closed on
Nov 25, 2019
Sold by
Grimes Maria
Bought by
Grimes Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2017
Closed on
May 24, 2017
Sold by
Hobson Enterprises Llc
Bought by
Serrano Maria
Seller's Agent
SUSANA BANCES
THE REAL ESTATE COMPANY
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
May 26, 2016
Sold by
Calloway Herbert
Bought by
Hobson Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.41%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vazquez Nohely $480,000 --
Caraccio Steven $410,000 Advanced Title & Abstract
Grimes Maria -- None Available
Serrano Maria $255,000 None Available
Hobson Enterprises Llc $55,000 None Available
Calloway Herbert $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Nohely $456,000
Previous Owner Grimes Maria $258,750
Previous Owner Hobson Enterprises Llc $55,000
Closed Calloway Herbert --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2023 01/24/23 Sold $480,000 -3.8% --
11/14/2022 11/14/22 For Sale $499,000 +95.7% --
05/31/2017 05/31/17 Sold $255,000 +2.0% -- View Prior Sale
05/01/2017 05/01/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $249,900 -- --
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 $5,398 $144,800 $26,300 $118,500
2024 $5,398 $144,800 $26,300 $118,500
2022 $5,410 $144,800 $26,300 $118,500
2021 $5,407 $144,800 $26,300 $118,500
2020 $5,502 $144,800 $26,300 $118,500
2019 $5,446 $144,800 $26,300 $118,500
2018 $5,347 $144,800 $26,300 $118,500
2017 $5,155 $144,800 $26,300 $118,500
2016 $4,981 $144,800 $26,300 $118,500
2015 $4,541 $144,800 $26,300 $118,500
2014 $4,240 $144,800 $26,300 $118,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Steve Caraccio

    West Hoboken Residential, LLC

    (201) 923-0251

    3 in this area

    70 Total Sales

    Steve Caraccio
    Section Image

  • E

    Buyer's Agent in 2023

    Erick Valencia

    Real

    (201) 575-3272

    1 in this area

    3 Total Sales

    Erick Valencia
    Section Image

  • S

    Seller's Agent in 2017

    SUSANA BANCES

    THE REAL ESTATE COMPANY

See All Agents

Map

Source: New Jersey MLS

MLS Number: 22040932

New Jersey MLS

APN: 14-03061-0000-00052

New Jersey Essex County Newark 07112 Weequahic

142 Hobson St, Newark, NJ

Not Listed for Sale

MultiFamily

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