NOT LISTED FOR SALE

145 Norfolk St Newark, NJ 07103

University Heights Neighborhood

Estimated Value: $760,570 - $863,000

11 Beds
3 Baths
2,440 Sq Ft
$337/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $595,000 $244 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,540/month

40 Days on Market

Highlights

  • 0.06 Acre Lot
  • 2-minute walk to Norfolk Street
  • 1 Car Garage
  • Forced Air Zoned Heating and Cooling System

About This Home

As of March 2022

Investors dream! This recently renovated and excellently maintained multi-family home is located only a short distance from University Heights and The New Jersey Institute of Technology along with easy transportation to New York City. Pride of ownership is abundantly present in this home. Please send us a message today for a copy of the pro-forma on this massive cash flow opportunity!

Last Agent to Sell the Property

Thomas Verdiglione

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #2076123 Listed on: 09/09/2021

Co-Listed By

Louis Pillari

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #2182978

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,638

Year Built

  • Built in 2006

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 26.6 x 100

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,440 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 14-00415-0000-00031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,638

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Co List Office Mls Id: 3916
  • Co List Office Phone: 732-530-2800
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 2006
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 26.6 x 100
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full Finished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 11

Exterior Features

  • Acres: 0.06
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 26.6 x 100
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 14-00415-0000-00031
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7638.0
  • Tax Other Annual Assessment Amount: 201000.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Dec 23, 2020
Sold by
Goel Pooja and Harinathan Raghu
Bought by
Alabi Olatokunbo
Seller's Agent
Patrick Dwyer
EXIT REALTY LUCKY ASSOCIATES
List Price
$439,000
Sold Price
$451,000
Premium/Discount to List
$12,000
2.73%
Current Estimated Value
$800,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,362
Avg. Annual Appreciation
13.06%
Original Mortgage
$442,831
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 18, 2020
Closed on
Dec 15, 2020
Sold by
Goel Pooja and Harinathan Raghu
Bought by
Alabi Olatokunbo
Seller's Agent
Patrick Dwyer
EXIT REALTY LUCKY ASSOCIATES
List Price
$439,000
Sold Price
$451,000
Premium/Discount to List
$12,000
2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,831
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 2015
Sold by
L&B Real Estate Holdings Llc
Bought by
Norfolk Properties Llc

Purchase Details

Closed on
Nov 9, 2013
Sold by
Brahver Esther
Bought by
L&B Real Estate Hold

Purchase Details

Closed on
Feb 14, 2013
Sold by
Cisse Bakary and Cisse Mrs Bakary
Bought by
Emc Mortgage Corporation

Purchase Details

Closed on
Apr 5, 2006
Sold by
Roma Daniel
Bought by
Cisse Bakary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,500
Interest Rate
9.44%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 3, 2004
Sold by
University Heights Science Par
Bought by
Roma Daniel

Purchase Details

Closed on
Nov 1, 1990
Sold by
Arrington Hattie
Bought by
Arrington Hattie and Arrington Williams,Hattie
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 Buyer Sale Price Title Company
Alabi Olatokunbo $451,000 New Title Company Name
Alabi Olatokunbo $451,000 Seber Title Agency Llc
Norfolk Properties Llc -- None Available
L&B Real Estate Hold -- --
L&B Real Estate Hold -- --
Emc Mortgage Corporation $100,000 Land Title Services Nj Inc
Cisse Bakary $435,000 --
Roma Daniel $70,000 --
Arrington Hattie $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alabi Olatokunbo $442,831
Previous Owner Alabi Olatokunbo $442,831
Previous Owner Goel Pooja $210,000
Previous Owner Cisse Bakary $408,500
Closed Norfolk Properties Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $595,000 -4.8% $244 / Sq Ft
09/09/2021 09/09/21 For Sale $625,000 0.0% $256 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $625,000 +38.6% $256 / Sq Ft
01/08/2021 01/08/21 Sold $451,000 +2.7% --
10/01/2020 10/01/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $439,000 +54.0% --
03/20/2017 03/20/17 Sold $285,000 +3.6% --
01/03/2017 01/03/17 Pending -- -- --
12/27/2016 12/27/16 For Sale $275,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $14,144 $379,400 $19,200 $360,200
2024 $14,144 $379,400 $19,200 $360,200
2022 $11,294 $302,300 $19,200 $283,100
2021 $7,505 $201,000 $19,200 $181,800
2020 $7,638 $201,000 $19,200 $181,800
2019 $7,560 $201,000 $19,200 $181,800
2018 $7,423 $201,000 $19,200 $181,800
2017 $7,156 $201,000 $19,200 $181,800
2016 $6,914 $201,000 $19,200 $181,800
2015 $6,651 $201,000 $19,200 $181,800
2014 $6,233 $201,000 $19,200 $181,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Thomas Verdiglione

    BHHS Fox & Roach

  • L

    Seller Co-Listing Agent in 2022

    Louis Pillari

    BHHS Fox & Roach

    (732) 272-8240

    1 in this area

    9 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2022

    NON MEMBER MORR

    NON MEMBER

  • Patrick Dwyer

    Seller's Agent in 2021

    Patrick Dwyer

    EXIT REALTY LUCKY ASSOCIATES

    (973) 817-7700

    1 in this area

    51 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2021

    SUNNY LUIS NOGUEIRA

    EXIT REALTY LUCKY ASSOCIATES

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22122218

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 14-00415-0000-00031

New Jersey Essex County Newark 07103 University Heights

145 Norfolk St, Newark, NJ

This home is located at 145 Norfolk St, Newark, NJ 07103 since 09 September 2021 and is currently estimated at $822,643, approximately $337 per square foot. This property was built in 2006. 145 Norfolk St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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