$650,000
SOLD FEB 11, 2025

142 Johnson Ave Newark, NJ 07108

Clinton Hill Neighborhood
-- Bed
-- Bath
4,237 Sq Ft
2,975 Sq Ft Lot

Recently Sold

$153 Per Sq Ft

4% Below List Price

290 Days on Market

About This Home

As of February 2025

Great investment Large four family.

Last Agent to Sell the Property

Joseph Gerber

COLDWELL BANKER REALTY Listed on: 07/27/2023

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,578

Year Built

  • Built in 1915

Lot Details

  • 2,975 Sq Ft Lot
  • Lot Dimensions are 99.00 x 30.00

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 4,237 Sq Ft Home
  • 3-Story Property

Basement

  • Crawl Space
  • Basement Storage

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(electric gas), unit 2 owner pays(electric gas), unit 3 owner pays(electric gas), unit 4 owner pays(electric gas)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,578

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0683
  • Lot Size: 99.00 x 30.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1915
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(Electric,Gas), Unit 2 Owner Pays(Electric,Gas), Unit 3 Owner Pays(Electric,Gas), Unit 4 Owner Pays(Electric,Gas)
  • Has Basement: Crawl Only, Storage Space
  • Interior Amenities: Unit 1(4 Bedrooms,Kitchen,Living Room,1 1/2 Baths), Unit 2(4 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3(2 Bedrooms,1 Bath,Living Room), Unit 4(1 Bedroom)
  • Living Area: 4237
  • Stories: 3

Exterior Features

  • Lot Features: See Remarks
  • Roof: Flat

Garage/Parking

  • Parking Features: 1-2 Car Parking, On Street, See Remarks

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 2975

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 4(Month-Month)

Tax Info

  • Tax Annual Amount: 10578
  • Tax Year: 2021

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Jan 31, 2025
Sold by
Holmes Makrm
Bought by
142 Johnson Holdings Llc
Seller's Agent
Joseph Gerber
COLDWELL BANKER REALTY
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Views
210
Current Estimated Value
$688,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,175
Avg. Annual Appreciation
6.47%
Original Mortgage
$552,500
Outstanding Balance
$549,178
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$138,997

Purchase Details

Listed on
Dec 12, 2022
Closed on
Apr 14, 2023
Sold by
Melendez Jeimy R
Bought by
Holmes Makrm M
Buyer's Agent
JOSEPH GERBER
COLDWELL BANKER REALTY
List Price
$619,000
Sold Price
$600,000
Premium/Discount to List
-$19,000
-3.07%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$450,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2015
Sold by
Garden Homes Of New Jersey Llc
Bought by
Melendez Jeimy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2011
Sold by
T S Homes Llc
Bought by
Garden Homes Of Nj Llc

Purchase Details

Closed on
Jan 27, 2011
Sold by
Rodriguez Juan R and Lebron Maria E
Bought by
Ts Homes Llc

Purchase Details

Closed on
Sep 26, 2002
Sold by
Mena Maria
Bought by
Rodriguez Juan and Lebron Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,266
Interest Rate
6.2%
Mortgage Type
FHA
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 Type Sale Price Title Company
Bargain Sale Deed $650,000 All Jersey Title
Deed $600,000 None Listed On Document
Deed $350,000 None Available
Deed $67,500 None Available
Deed $67,500 None Available
Deed $216,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $552,500 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $343,660 FHA
Previous Owner $214,266 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2025 02/24/25 For Sale $650,000 0.0% $153 / Sq Ft
02/11/2025 02/11/25 Sold $650,000 0.0% $153 / Sq Ft
02/07/2025 02/07/25 Sold $650,000 -3.7% $153 / Sq Ft View Prior Sale
07/27/2023 07/27/23 For Sale $675,000 +12.5% $159 / Sq Ft
04/14/2023 04/14/23 Sold $600,000 -3.1% $144 / Sq Ft View Prior Sale
02/24/2023 02/24/23 Pending -- -- --
12/16/2022 12/16/22 For Sale $619,000 +3.2% $149 / Sq Ft
12/16/2022 12/16/22 Off Market $600,000 -- --
12/12/2022 12/12/22 For Sale $619,000 -- $149 / Sq Ft
Source: All 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 $10,561 $283,300 $21,900 $261,400
2024 $10,561 $283,300 $21,900 $261,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Broker Non-MLS

    MLS

  • J

    Seller's Agent in 2025

    Joseph Gerber

    COLDWELL BANKER REALTY

    (917) 699-7596

    1 in this area

    68 Total Sales

    Joseph Gerber
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2401125R

All Jersey MLS

APN: 14-02699-0000-00059

New Jersey Essex County Newark 07108 Clinton Hill

142 Johnson Ave, Newark, NJ

Sold

MultiFamily

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