$640,000
SOLD NOV 27, 2024
5 Beds
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Recently Sold

7% Above List Price

38 Days on Market

About This Home

As of November 2024

Welcome to this two-unit house located in the heart of the Ironbound section of Newark. The property consists of five bedrooms, two bathrooms, an unfinished basement, and a five-car driveway. It is in a great location near public transportation, parks, shopping, and much more.

Last Agent to Sell the Property

Carla Ferreira

Rosa Agency-Ironbound, LLC Listed on: 08/26/2024

Last Buyer's Agent

Carla Ferreira

Rosa Agency-Ironbound, LLC Listed on: 08/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,654

Lot Details

  • 2,614 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00025 / 00971

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,654

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (973) 589-7550
  • MLS Status: Sold - Sold
  • Directions: Off South st
  • Architectural Style: 2 Family
  • Year Built Details: 1940's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Seller's Agent

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2614.0

Tax Info

  • Tax Annual Amount: 6654.0
  • Tax Block: 00971
  • Tax Lot: 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Nov 22, 2024
Sold by
Andrade Jose B and Andrade Maria
Bought by
Oliveira Marco P
Seller's Agent
Carla Ferreira
Rosa Agency-Ironbound, LLC
Buyer's Agent
Carla Ferreira
Rosa Agency-Ironbound, LLC
List Price
$599,000
Sold Price
$640,000
Premium/Discount to List
$41,000
6.84%
Views
26
Current Estimated Value
$671,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,904
Avg. Annual Appreciation
7.30%
Original Mortgage
$608,000
Outstanding Balance
$603,467
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$68,437

Purchase Details

Closed on
Dec 13, 2017
Sold by
Andrade Jose B
Bought by
Andrade Jose B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.94%

Purchase Details

Closed on
Aug 26, 2009
Sold by
Oliveira Wellington
Bought by
Andrade Jose B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,525
Interest Rate
5.21%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2006
Sold by
Rv Consulting Llc
Bought by
Oliveira Wellington

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 16, 1997
Sold by
Lusitania Sav
Bought by
Fromkin Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.56%

Purchase Details

Closed on
Jul 31, 1990
Sold by
Mirandi Salvatore
Bought by
Mendes Roger and Mendes Gloria
Source: Public Records

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Range of Values:

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Average Value
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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 $640,000 Westcor Land Title
Deed -- --
Deed $185,000 First American Title Ins Co
Deed $400,000 --
Deed $125,000 --
Deed $163,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $608,000 New Conventional
Previous Owner -- No Value Available
Previous Owner $203,010 FHA
Previous Owner $178,525 FHA
Previous Owner $320,000 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $640,000 +6.8% --
10/03/2024 10/03/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $599,000 -- --
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
2025 $6,654 $178,500 $67,800 $110,700
2024 $6,654 $178,500 $67,800 $110,700
2022 $6,669 $178,500 $67,800 $110,700
2021 $6,665 $178,500 $67,800 $110,700
2020 $6,783 $178,500 $67,800 $110,700
2019 $6,713 $178,500 $67,800 $110,700
2018 $6,592 $178,500 $67,800 $110,700
2017 $6,355 $178,500 $67,800 $110,700
2016 $6,140 $178,500 $67,800 $110,700
2015 $5,907 $178,500 $67,800 $110,700
2014 $5,535 $178,500 $67,800 $110,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24027616

New Jersey MLS

APN: 14-00971-0000-00025