NOT LISTED FOR SALE

159 Verona Ave Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $599,975 - $747,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold September 02, 2021

Last sale price $460,000

Est. 38% increase in value since last sale

Current estimated payment $4,357/month

15 Days on Market

About This Home

As of September 2021

Updated & Move in Ready TWO FAMILY HOME w/Basement on Newark's North Side. Walking distance to transportation, Blocks away from Branchbrook Park, close to shopping! This home was well cared for and updated.First floor unit inc Spacious Living Rm, Kitchen, Full Bath, Large Mstr BR, w/Sitting Rm/possible second Bedroom, w/plenty of closet space. Two additional bedrooms on this floor w/a Sunporch off the kitchen overlooking the fully Fenced yard, featuring Newer Above Ground Pool, Paver Patio, w/plenty of space to enjoy the outdoors. 2nd Floor Unit features a Living Rm, Large Kitchen, HUGE Master BR, w/additional sitting room/2nd Bedroom, Spacious 3rd Bedrm, Bonus Room/4th BR used a TV Rm,l Bons Rmfor Storage. Full, Partially Finished Basement, w/Workshop & storage

Last Agent to Sell the Property

Kim D'Addario

RE/MAX New Beginnings Realty-Toms River Listed on: 06/08/2021

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,560

Year Built

  • Built in 1908

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 106.6

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Pool

  • Outdoor Pool

Utilities

  • Boiler Heating System
  • Heating System Uses Oil Below Ground

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 14-00838-0000-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,560

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1908
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 106.6
  • WaterSewer Public Water: Yes
  • Water Heater Off Boiler: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished, Full
  • Basement: Yes
  • Stories: 2
  • Full Basement: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Acres: 0.06
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Other, See Remarks, Radiator, Oil Below Ground
  • HeatingYN: Yes
  • Water Source: Public

Lot Info

  • Lot Dimensions: 25 x 106.6
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 14-00838-0000-00006
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4560.0
  • Tax Other Annual Assessment Amount: 120000.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Aug 31, 2021
Sold by
Cales Jose and Melendez Erica
Bought by
Zamora Josue and Cabrera Laura
Seller's Agent
Kim D'Addario
RE/MAX New Beginnings Realty-Toms River
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$445,000
Sold Price
$460,000
Premium/Discount to List
$15,000
3.37%
Current Estimated Value
$636,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,251
Avg. Annual Appreciation
8.85%
Original Mortgage
$451,668
Outstanding Balance
$412,772
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$230,722

Purchase Details

Closed on
Dec 26, 2018
Sold by
Bonavita Francesco Est
Bought by
Melendez Erica

Purchase Details

Closed on
Nov 21, 1997
Sold by
Politan Louis
Bought by
Bonavita Francesco and Bonavita Lydia
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
Zamora Josue $460,000 Fortune Title Agency Inc
Melendez Erica -- Title Insurance Commitment
Bonavita Francesco $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamora Josue $451,668
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $460,000 +3.4% --
06/23/2021 06/23/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $445,000 -- --
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 $10,681 $286,500 $23,900 $262,600
2024 $10,681 $286,500 $23,900 $262,600
2022 $4,483 $120,000 $23,900 $96,100
2021 $4,481 $120,000 $23,900 $96,100
2020 $4,560 $120,000 $23,900 $96,100
2019 $4,513 $120,000 $23,900 $96,100
2018 $4,432 $120,000 $23,900 $96,100
2017 $4,272 $120,000 $23,900 $96,100
2016 $4,128 $120,000 $23,900 $96,100
2015 $3,971 $120,000 $23,900 $96,100
2014 $3,721 $120,000 $24,000 $96,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kim D'Addario

    RE/MAX

  • N

    Buyer's Agent in 2021

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2021

    NON MEMBER MORR

    NON MEMBER

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22118214

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 14-00838-0000-00006

New Jersey Essex County Newark 07104 North Broadway

159 Verona Ave, Newark, NJ

This home is located at 159 Verona Ave, Newark, NJ 07104 since 08 June 2021 and is currently estimated at $643,494. This property was built in 1908. 159 Verona Ave is a home located in Essex County with nearby schools including Elliott Street Elementary School, Ridge Street Elementary School, and Rafael Hernandez 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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