NOT LISTED FOR SALE

159 Renner Ave Unit 161 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $672,000 - $792,000

-- Bed
-- Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold December 22, 2022

Last sale price $640,000

Est. 13% increase in value since last sale

Current estimated payment $4,592/month

27 Days on Market

About This Home

As of December 2022

This home is located at 159 Renner Ave Unit 161, Newark, NJ 07112 since 07 October 2022 and is currently estimated at $724,176. This property was built in 2006. 159 Renner Ave Unit 161 is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

TOVIA LICHTMAN

KELLER WILLIAMS MID-TOWN DIRECT Brokerage Phone: 908-585-4111 Listed on: 10/07/2022

KELLER WILLIAMS MID-TOWN DIRECT

Last Buyer's Agent

Marie Thomas

ROSA AGENCY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,309

Year Built

  • Built in 2006

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,309

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Year Built: 2006
  • County Name: Essex
  • I D: 5183440
  • Attribution Contact: 908-585-4111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 39X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Dec 15, 2022
Sold by
159 Renner Asset Llc
Bought by
Adebisi Adedayo
Seller's Agent
TOVIA LICHTMAN
KELLER WILLIAMS MID-TOWN DIRECT
Buyer's Agent
Marie Thomas
ROSA AGENCY
List Price
$599,000
Sold Price
$640,000
Premium/Discount to List
$41,000
6.84%
Current Estimated Value
$724,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,176
Avg. Annual Appreciation
4.32%
Original Mortgage
$608,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2022
Sold by
Essex County Sheriff
Bought by
Cam Xix Trust and Prof-2013-11114 Legal Title Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,425
Interest Rate
5.11%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 28, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,600
Interest Rate
6.18%

Purchase Details

Closed on
Dec 8, 2006
Sold by
Gomes Paul
Bought by
Oladitan Olabisi and Olatilo Adetoyi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,600
Interest Rate
6.18%

Purchase Details

Closed on
Oct 25, 2004
Sold by
Stanford Geneva
Bought by
Gomes Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Adebisi Adedayo $640,000 None Listed On Document
Cam Xix Trust $411,000 Aponte Catherine
-- -- --
Oladitan Olabisi $402,000 --
Gomes Antonio $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adebisi Adedayo $608,000
Previous Owner Cam Xix Trust $395,425
Previous Owner Oladitan Olabisi $321,600
Previous Owner Gomes Antonio $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2022 12/22/22 Sold $640,000 +6.8% --
11/03/2022 11/03/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $599,000 -- --
Source: Garden State 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 $9,309 $249,700 $27,800 $221,900
2024 $9,309 $249,700 $27,800 $221,900
2022 $9,329 $249,700 $27,800 $221,900
2021 $9,324 $249,700 $27,800 $221,900
2020 $9,489 $249,700 $27,800 $221,900
2019 $9,391 $249,700 $27,800 $221,900
2018 $9,221 $249,700 $27,800 $221,900
2017 $8,889 $249,700 $27,800 $221,900
2016 $8,590 $249,700 $27,800 $221,900
2015 $8,263 $249,700 $27,800 $221,900
2014 $7,743 $249,700 $27,800 $221,900
Source: Public Records

Agents Affiliated with this Home

  • TOVIA LICHTMAN

    Seller's Agent in 2022

    TOVIA LICHTMAN

    KELLER WILLIAMS MID-TOWN DIRECT

    (347) 470-6144

    27 in this area

    281 Total Sales

    TOVIA LICHTMAN
    Section Image

  • M

    Buyer's Agent in 2022

    Marie Thomas

    ROSA AGENCY

    (908) 289-5200

    6 in this area

    49 Total Sales

    Marie Thomas
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3811519

Garden State MLS

APN: 14-03667-0000-00018

New Jersey Essex County Newark 07112 Weequahic

159 Renner Ave Unit 161, Newark, NJ

Not Listed for Sale

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