NOT LISTED FOR SALE

175 Broad St Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $390,000 - $479,000

2 Beds
1 Bath
1,797 Sq Ft
$236/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $385,000 $214 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,467/month

79 Days on Market

About This Home

As of January 2024

This home is located at 175 Broad St, Newark, NJ 07104 since 31 October 2023 and is currently estimated at $424,727, approximately $236 per square foot. 175 Broad St is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and McKinley School.

Last Agent to Sell the Property

Mohamed Amin

Top Quality Realty, LLC Listed on: 10/31/2023

Last Buyer's Agent

Jill Biggs

Coldwell Banker, Hoboken

Coldwell Banker, Hoboken

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,587

Lot Details

  • 1,764 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00006 / 00441

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,587

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (201) 963-6603
  • MLS Status: Sold - Sold
  • Directions: BLOOMFIELD AVE TO SUMMER AVE
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 1764.0

Tax Info

  • Tax Annual Amount: 2587.0
  • Tax Block: 00441
  • Tax Lot: 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Jan 10, 2024
Sold by
Cornerstone Nj Realty Llc
Bought by
Peart Rhea
Seller's Agent
Mohamed Amin
Top Quality Realty, LLC
Buyer's Agent
Jill Biggs
Coldwell Banker, Hoboken
List Price
$365,000
Sold Price
$385,000
Premium/Discount to List
$20,000
5.48%
Views
47
Current Estimated Value
$424,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,727
Avg. Annual Appreciation
5.95%
Original Mortgage
$378,026
Outstanding Balance
$371,411
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$53,316

Purchase Details

Closed on
Mar 9, 2010
Sold by
Amin Hossam
Bought by
Cornerstone New Jersey Realty Llc

Purchase Details

Closed on
Sep 10, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Amin Hossam

Purchase Details

Closed on
Jun 15, 2009
Sold by
Roufail Ashraf
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 31, 2005
Sold by
175 Broad Mgmt Llc
Bought by
Roufail Ashraf

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
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 15, 2004
Sold by
Jamie Lozano Inc
Bought by
175 Broad Management

Purchase Details

Closed on
Dec 12, 1995
Sold by
Woodland
Bought by
Lozano Alfonso

Purchase Details

Closed on
Apr 6, 1989
Sold by
Ayala Pablo
Bought by
Rios Jacqueline C

Purchase Details

Closed on
Jul 1, 1988
Sold by
Vitiello Ralph
Bought by
Ayala Pablo
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
Peart Rhea $385,000 None Listed On Document
Cornerstone New Jersey Realty Llc -- None Available
Amin Hossam $44,900 None Available
Deutsche Bank National Trust Company -- None Available
Roufail Ashraf $300,000 --
175 Broad Management $120,000 --
Lozano Alfonso $25,000 --
Rios Jacqueline C $92,000 --
Ayala Pablo $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peart Rhea $378,026
Previous Owner Roufail Ashraf $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $385,000 +5.5% $214 / Sq Ft
10/31/2023 10/31/23 For Sale $365,000 -- $203 / Sq Ft
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 $2,584 $184,200 $14,300 $169,900
2024 $2,584 $69,300 $14,300 $55,000
2022 $2,589 $69,300 $14,300 $55,000
2021 $2,588 $69,300 $14,300 $55,000
2020 $2,633 $69,300 $14,300 $55,000
2019 $2,606 $69,300 $14,300 $55,000
2018 $2,559 $69,300 $14,300 $55,000
2017 $2,912 $81,800 $14,300 $67,500
2016 $2,814 $81,800 $14,300 $67,500
2015 $2,707 $81,800 $14,300 $67,500
2014 $2,537 $81,800 $14,300 $67,500
Source: Public Records

Agents Affiliated with this Home

  • Mohamed Amin

    Seller's Agent in 2024

    Mohamed Amin

    Top Quality Realty, LLC

    (201) 342-4860

    1 in this area

    4 Total Sales

    Mohamed Amin
    Section Image
  • Jill Biggs

    Buyer's Agent in 2024

    Jill Biggs

    Coldwell Banker, Hoboken

    (973) 495-6038

    2 in this area

    1,715 Total Sales

    Jill Biggs
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23033440

New Jersey MLS

APN: 14-00441-0000-00006

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

175 Broad St, Newark, NJ

This home is located at 175 Broad St, Newark, NJ 07104 since 31 October 2023 and is currently estimated at $424,727, approximately $236 per square foot. 175 Broad St is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and McKinley 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.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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