NOT LISTED FOR SALE

157 Hobson St Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $580,000 - $655,000

8 Beds
3 Baths
-- Sq Ft
2,230 Sq Ft Lot

Last Sold December 07, 2022

Last sale price $495,000

Est. 26% increase in value since last sale

Current estimated payment $3,925/month

37 Days on Market

About This Home

As of December 2022

This home is located at 157 Hobson St, Newark, NJ 07112 since 17 October 2022 and is currently estimated at $621,274. 157 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 Snel

Keller Williams Cornerstone Realty Listed on: 10/17/2022

Keller Williams Cornerstone Realty

Last Buyer's Agent

Jamel Driver

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,016

Lot Details

  • 2,230 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00041 / 03064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,016

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (908) 359-0893
  • MLS Status: Sold - Sold
  • Directions: Lyons Ave. to Hobson Street.
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 8

Exterior Features

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

Utilities

  • Utilities: Natural Gas Connected

Lot Info

  • Lot Size Sq Ft: 2230.0

Tax Info

  • Tax Annual Amount: 8016.0
  • Tax Block: 03064
  • Tax Lot: 00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2024
Sold by
Garricks Raymond B
Bought by
157 Hobson Street Llc
Current Estimated Value
$621,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Outstanding Balance
$509,233
Interest Rate
6.49%
Mortgage Type
Construction
Estimated Equity
$112,041

Purchase Details

Listed on
Oct 17, 2022
Closed on
Dec 2, 2022
Sold by
Coy Denise
Bought by
Garricks Raymond B
Seller's Agent
Steve Snel
Keller Williams Cornerstone Realty
Buyer's Agent
Jamel Driver
EXP Realty, LLC
List Price
$495,000
Sold Price
$495,000
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$486,034
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2014
Sold by
Rehabitats Llc
Bought by
Coy Denise

Purchase Details

Closed on
Nov 3, 2011
Sold by
Vericrest Opportunity Loan Trust 2010-Np
Bought by
Rehabitats Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 27, 2011
Sold by
Maina David and Kurie Anthony
Bought by
Wells Fargo Bank Delaware Trust Company

Purchase Details

Closed on
Feb 9, 2006
Sold by
Garvin Beulah Mae
Bought by
Maina David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.17%
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
157 Hobson Street Llc $525,000 None Listed On Document
Garricks Raymond B $495,000 None Listed On Document
Coy Denise $290,000 --
Rehabitats Llc $80,000 Coastal Title Agency Inc
Wells Fargo Bank Delaware Trust Company $2,772 Stewart Title Guaranty Co
Maina David $276,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 157 Hobson Street Llc $515,000
Previous Owner Garricks Raymond B $486,034
Previous Owner Rehabitats Llc $56,000
Previous Owner Maina David $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2022 12/07/22 Sold $495,000 0.0% --
11/23/2022 11/23/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $495,000 -- --
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 $8,004 $328,600 $23,900 $304,700
2024 $8,004 $328,600 $23,900 $304,700
2022 $8,021 $214,700 $24,500 $190,200
2021 $8,017 $214,700 $24,500 $190,200
2020 $8,159 $214,700 $24,500 $190,200
2019 $8,075 $214,700 $24,500 $190,200
2018 $7,929 $214,700 $24,500 $190,200
2017 $7,643 $214,700 $24,500 $190,200
2016 $7,386 $214,700 $24,500 $190,200
2015 $7,104 $214,700 $24,500 $190,200
2014 $6,658 $214,700 $24,500 $190,200
Source: Public Records

Agents Affiliated with this Home

  • Steve Snel

    Seller's Agent in 2022

    Steve Snel

    Keller Williams Cornerstone Realty

    (908) 872-7865

    1 in this area

    6 Total Sales

    Steve Snel
    Section Image
  • Jamel Driver

    Buyer's Agent in 2022

    Jamel Driver

    EXP Realty, LLC

    (917) 238-1043

    1 in this area

    23 Total Sales

    Jamel Driver
    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 22039396

New Jersey MLS

APN: 14-03064-0000-00041

New Jersey Essex County Newark 07112 Weequahic

157 Hobson St, Newark, NJ

Not Listed for Sale

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