$685,000
SOLD APR 11, 2025
6 Beds
4 Baths
-- Sq Ft
3,001 Sq Ft Lot

Recently Sold

14% Above List Price

17 Days on Market

About This Home

As of April 2025

Discover this beautifully renovated 2-family home featuring two spacious 3-bedroom units. Located in sought-after City of Newark. A fantastic opportunity for both owner-occupants and investors. Both units features the same open lay out with 3 spacious bedrooms, 2 bathrooms, and a lovely eat-in kitchen with lots of storage. Each unit has its own utilities. The walk-out basement offers potential for additional storage or future customization. It has a long blacktop that can fit up to 5 cars. Don't miss out on this prime opportunity! Act quickly this property won't stay on the market for long.

Last Agent to Sell the Property

Eyal Levy

Keller Williams Park Views Listed on: 01/17/2025

Keller Williams Park Views

Last Buyer's Agent

Eyal Levy

Keller Williams Park Views Listed on: 01/17/2025

Keller Williams Park Views

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,194

Lot Details

  • 3,001 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00015 / 03618

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,194

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-939-0050
  • MLS Status: Sold - Sold
  • Directions: Wolcott Terrace to Fessenden Place
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Basement Remarks: Unfinished, Walk-out

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 3001.0

Tax Info

  • Tax Annual Amount: 5194.0
  • Tax Block: 03618
  • Tax Lot: 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Mar 13, 2025
Sold by
Tzabari Mordechay
Bought by
Akinlade Temitope S
Seller's Agent
Eyal Levy
Keller Williams Park Views
Buyer's Agent
Eyal Levy
Keller Williams Park Views
List Price
$599,000
Sold Price
$685,000
Premium/Discount to List
$86,000
14.36%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$672,592
Outstanding Balance
$670,201
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$26,728

Purchase Details

Closed on
Mar 14, 2022
Sold by
Pashka Equities Llc
Bought by
Tzabari Mordechary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2021
Sold by
Hooker Willie Hae
Bought by
Pashka Equities Llc

Purchase Details

Closed on
Jun 15, 2005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 1989
Sold by
Knight Dorothy
Bought by
Hooker Willie M and Hooker Williams,Annie

Purchase Details

Closed on
Jan 28, 1989
Sold by
Williams Gussie
Bought by
Williams Annie Elizabeth
Source: Public Records

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Range of Values:

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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 $685,000 Old Republic National Title
Deed -- Madison Title
Deed $92,000 Madison Title Agency Llc
Quit Claim Deed -- --
Deed $84,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $672,592 New Conventional
Previous Owner $324,000 New Conventional
Previous Owner $80,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 For Rent $2,500 0.0% --
04/16/2025 04/16/25 Off Market $685,000 -- --
04/11/2025 04/11/25 Sold $685,000 +14.4% --
02/03/2025 02/03/25 Pending -- -- --
01/17/2025 01/17/25 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 $5,096 $136,700 $21,900 $114,800
2024 $5,096 $136,700 $21,900 $114,800
2022 $5,107 $136,700 $21,900 $114,800
2021 $5,104 $136,700 $21,900 $114,800
2020 $5,195 $136,700 $21,900 $114,800
2019 $5,141 $136,700 $21,900 $114,800
2018 $5,048 $136,700 $21,900 $114,800
2017 $4,867 $136,700 $21,900 $114,800
2016 $4,702 $136,700 $21,900 $114,800
2015 $4,523 $136,700 $21,900 $114,800
2014 $4,239 $136,700 $21,900 $114,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 25001583

New Jersey MLS

APN: 14-03618-0000-00015