$650,000
SOLD APR 18, 2025
6 Beds
4 Baths
-- Sq Ft
2,500 Sq Ft Lot

Recently Sold

44 Days on Market

About This Home

As of April 2025

Don't miss this incredible opportunity to own a spacious 2-family home in the heart of Newark, NJ, just minutes from UMDNJ Hospital and major highways. This property is perfect for investors or owner-occupants looking to generate rental income! Each unit offers generous living space, multiple bedrooms, and separate utilities, making it ideal for tenants or extended family living. With strong rental demand in the area, this home has huge income potential and room for value-add improvements. Located near public transportation, shopping, schools, and local amenities, this property is a smart investment in a thriving neighborhood. Whether you're looking to flip, rent, or live in one unit while renting the other, the possibilities are endless!

Last Agent to Sell the Property

Carlie Carreira

EXP Realty, LLC Listed on: 02/24/2025

EXP Realty, LLC

Last Buyer's Agent

Helen Santana

Keller Williams City Views Realty

Keller Williams City Views Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,165

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry in unit
  • 2,500 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 43 / 262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,165

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: Please use google maps
  • Architectural Style: 2 Family
  • Year Built Details: 2000's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 8165.0
  • Tax Block: 262
  • Tax Lot: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Apr 16, 2025
Sold by
Addo Evelyn and Addo-Wallace Evelyn
Bought by
241 Ellis Llc
Seller's Agent
Carlie Carreira
EXP Realty, LLC
Buyer's Agent
Helen Santana
Keller Williams City Views Realty
List Price
$649,999
Sold Price
$650,000
Premium/Discount to List
$1
0.0%
Views
125
Current Estimated Value
$633,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,811
Avg. Annual Appreciation
-4.34%

Purchase Details

Closed on
Mar 31, 2009
Sold by
Camden/So 9Th St Development Llc
Bought by
Addo Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,509
Interest Rate
5.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2007
Sold by
Ummat Developers Inc
Bought by
Camden/So 9Th St Development Llc

Purchase Details

Closed on
Jul 16, 2007
Sold by
City Of Newark
Bought by
Ummat Developers Inc
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 Type Sale Price Title Company
Deed $650,000 None Listed On Document
Deed $350,865 First American Title Ins Co
Deed -- Prestige Title Agency Inc
Deed $112,564 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $344,509 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2025 04/18/25 Sold $650,000 0.0% --
04/16/2025 04/16/25 Off Market $649,999 -- --
04/09/2025 04/09/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $649,999 -- --
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 $214,700 $26,300 $188,400
2024 $8,004 $214,700 $26,300 $188,400
2022 $8,021 $214,700 $26,300 $188,400
2021 $8,017 $214,700 $26,300 $188,400
2020 $8,159 $214,700 $26,300 $188,400
2019 $8,075 $214,700 $26,300 $188,400
2018 $7,929 $214,700 $26,300 $188,400
2017 $7,643 $214,700 $26,300 $188,400
2016 $7,386 $214,700 $26,300 $188,400
2015 $7,104 $214,700 $26,300 $188,400
2014 $6,658 $214,700 $26,300 $188,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 25006092

New Jersey MLS

APN: 14-00262-0000-00043