NOT LISTED FOR SALE

Estimated Value: $516,000 - $656,000

5 Beds
2 Baths
-- Sq Ft
3,428 Sq Ft Lot

Last Sold August 01, 2022

Last sale price $525,000

Est. 15% increase in value since last sale

Current estimated payment $3,813/month

37 Days on Market

About This Home

As of August 2022

Beautifully renovated 2 family house on a quiet block in the Weequahic section of Newark near all major highways and NJ transit. This property is fully renovated including all new kitchens with quartz countertops and stainless steel appliances, new bathrooms, laundry hook-ups in the basement, a big back yard, parking for 3+ cars. Why not enjoy your summer BBQs at your own house while collecting rent!

Last Listed By

Ingrid Cassidy

Coldwell Banker, Hoboken Listed on: 05/23/2022

Coldwell Banker, Hoboken

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,115

Year Built

  • 1925

Lot Details

  • 3,428 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 00026 / 03053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,115

Year Built

1925

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: 201-798-3300
  • MLS Status: Sold - Sold
  • Directions: off Hobson St
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1925

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 3428.0

Tax Info

  • Tax Annual Amount: 5115.0
  • Tax Block: 03053
  • Tax Lot: 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jul 21, 2022
Sold by
Yehuda Praver
Bought by
Torres Carmen and Tenesaca Juan Carabajo
Seller's Agent
Ingrid Cassidy
Coldwell Banker, Hoboken
Buyer's Agent
Ingrid Cassidy
Coldwell Banker, Hoboken
List Price
$475,000
Sold Price
$525,000
Premium/Discount to List
$50,000
10.53%
Total Days on Market
37
Current Estimated Value
$604,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,967
Avg. Annual Appreciation
5.14%
Original Mortgage
$420,000
Outstanding Balance
$404,019
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$200,948

Purchase Details

Closed on
Mar 5, 2021
Sold by
19 Edwin Llc
Bought by
Praver Yahuda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2021
Sold by
Avys Investments Group Llc
Bought by
19 Edwin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2011
Sold by
Lobello Cash For Notes Lp
Bought by
Ayvs Investment Group Llc

Purchase Details

Closed on
Sep 22, 2011
Sold by
Harrison Marcella and Harrison Robert
Bought by
Lobello Cash For Notes Lp

Purchase Details

Closed on
May 16, 2007
Sold by
Davis Marcella and Davis Marcella Hill
Bought by
Davis Marcella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
8.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1997
Sold by
Hunt Frank
Bought by
Marcella

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
Torres Carmen $525,000 Stewart Title Guaranty Company
Praver Yahuda -- Wellington Abstract Llc
19 Edwin Llc $158,500 Fidelity National Ttl Ins Co
Ayvs Investment Group Llc -- East Coast Title & Settlemen
Lobello Cash For Notes Lp $32,000 East Coast Title & Settlemen
Davis Marcella -- New Vision Title Agency
Marcella $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Carmen $420,000
Previous Owner Praver Yahuda $237,500
Previous Owner 19 Edwin Llc $182,000
Previous Owner 19 Edwin Llc $60,000
Previous Owner Davis Marcella $263,500
Previous Owner Davis Marcella $242,000
Previous Owner Davis Marcella Hill $210,000
Previous Owner Hill Davis Marcella $182,750
Previous Owner Hill Davis Marcella $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $525,000 +10.5% --
06/29/2022 06/29/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $475,000 -- --
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 $5,107 $137,000 $29,200 $107,800
2022 $5,118 $137,000 $29,200 $107,800
2021 $5,116 $137,000 $29,200 $107,800
2020 $5,206 $137,000 $29,200 $107,800
2019 $5,153 $137,000 $29,200 $107,800
2018 $5,059 $137,000 $29,200 $107,800
2017 $4,877 $137,000 $29,200 $107,800
2016 $4,713 $137,000 $29,200 $107,800
2015 $4,533 $137,000 $29,200 $107,800
2014 $4,248 $137,000 $29,200 $107,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22018711

New Jersey MLS

APN: 14-03053-0000-00026