NOT LISTED FOR SALE

171 Fabyan Place Unit 173 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $734,000 - $907,000

7 Beds
5 Baths
-- Sq Ft
3,498 Sq Ft Lot

Last Sold January 25, 2021

Last sale price $556,000

Est. 46% increase in value since last sale

Current estimated payment $5,833/month

53 Days on Market

Highlights

  • Intercom
  • Garage
  • Rectangular Lot
  • Central Air

About This Home

As of January 2021

Newer three family property in great condition. Both unit 2 & 3 have a large master en-suite with walk-In Closets, Eat-In Kitchen and Large Living/Dining rooms, open concept with Laundry rooms. The third floor apartment was recently renovated 07/2020. Hardwood & Tile floors throughout the property.

Last Listed By

Adrian Forde

Coldwell Banker, Montclair Listed on: 11/09/2020

Coldwell Banker, Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,572

Year Built

  • 2007

Lot Details

  • 3,498 Sq Ft Lot
  • Rectangular Lot

Parking

  • Garage

Home Design

  • Built in the 2000s
  • Brick Exterior Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in unit

Utilities

  • Central Air
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 071403089 000080001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,572

Year Built

2007

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 3 Family
  • Lifestyle: One Floor Living
  • Views/Exposure: None
  • Year Built (Public Record): 2000's
  • Miscellaneous: Intercom
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 18
  • Fireplace: None
  • Bedrooms: 7
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: None
  • Laundry: In Unit

Exterior Features

  • Waterfront: None
  • Exterior Finish: Brick, Vinyl

Garage/Parking

  • Garage: 3+car Garage, 2 Car Garage

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Gas, Sep Heat
  • Cooling: Central Air

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot: 00008
  • Estimated Lot Sq Ft: 3498
  • Lot Suffux: 0001
  • Lot Description: Regular

Tax Info

  • Tax: 11572
  • Assessor Parcel Number: 071403089 000080001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Jan 22, 2021
Sold by
Arcon Consttruction Usa Inc
Bought by
Forbang Roland Teboh
Seller's Agent
Adrian Forde
Coldwell Banker, Montclair
Buyer's Agent
Darlene Jelen
Berkshire Hathaway Home Services Abbott Realtors
List Price
$550,000
Sold Price
$556,000
Premium/Discount to List
$6,000
1.09%
Total Days on Market
53
Current Estimated Value
$809,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,134
Avg. Annual Appreciation
9.16%
Original Mortgage
$417,000
Outstanding Balance
$316,953
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$492,181

Purchase Details

Closed on
Apr 7, 2020
Sold by
Jerome Etzer and Jerome Marie C
Bought by
Arcon Construction Usa Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2007
Sold by
A & A Construction Inc
Bought by
Jerome Etzer and Jerome Marie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.27%
Mortgage Type
Unknown

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
Forbang Roland Teboh $556,000 Foundation Title Llc
Arcon Construction Usa Inc $480,000 Sentex Settlement Svcs Inc
Jerome Etzer $500,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forbang Roland Teboh $417,000
Previous Owner Arcon Construction Usa Inc $325,000
Previous Owner Jerome Etzer $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $556,000 +1.1% --
01/01/2021 01/01/21 Pending -- -- --
11/09/2020 11/09/20 For Sale $550,000 -- --
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
2024 $16,161 $433,500 $27,500 $406,000
2022 $16,196 $433,500 $27,500 $406,000
2021 $11,490 $307,700 $27,500 $280,200
2020 $11,693 $307,700 $27,500 $280,200
2019 $11,573 $307,700 $27,500 $280,200
2018 $11,363 $307,700 $27,500 $280,200
2017 $10,954 $307,700 $27,500 $280,200
2016 $10,585 $307,700 $27,500 $280,200
2015 $10,182 $307,700 $27,500 $280,200
2014 $9,542 $307,700 $27,500 $280,200
Source: Public Records

Agents Affiliated with this Home

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Source: New Jersey MLS

MLS Number: 20047289

New Jersey MLS

APN: 14-03089-0000-00008-01