NOT LISTED FOR SALE

197-199 Hansbury Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $512,000 - $632,000

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

Last Sold August 13, 2024

Last sale price $538,500

Est. 2% increase in value since last sale

Current estimated payment $3,571/month

25 Days on Market

About This Home

As of August 2024

Charming two-family residence presents an attractive investment opportunity. The property features a total of seven bedrooms and four baths. The first floor offers acomfortable three bedrooms, one bath-unit; the second floor also with three bedrooms and one bath. Finished attic and basement for additional storage. This delightful home iscurrently on the market and ready to welcome new owners or investors looking to capitalize on its promising features and ideal location. Don't miss the chance to make this houseyour new investment house. Schedule a showing today!

Last Agent to Sell the Property

Grisela Flores

FloroStone Realty, Inc. Listed on: 03/18/2024

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,471

Lot Details

  • 3,498 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00037 / 03706

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,471

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (908) 445-5339
  • MLS Status: Sold - Sold
  • Directions: Clinton Pl to Hansbury. Maple Ave to Hansbury Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1960's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7

Exterior Features

  • Disclosures: Transaction Broker, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: Electricity Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 3498.0

Tax Info

  • Tax Annual Amount: 6471.0
  • Tax Block: 03706
  • Tax Lot: 00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Aug 9, 2024
Sold by
197 Hansbury Llc
Bought by
Virhuez April J
Seller's Agent
Grisela Flores
FloroStone Realty, Inc.
Buyer's Agent
Outside Agent
Outside Office
List Price
$549,900
Sold Price
$538,500
Premium/Discount to List
-$11,400
-2.07%
Views
36
Current Estimated Value
$548,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,444
Avg. Annual Appreciation
6.91%
Original Mortgage
$528,745
Outstanding Balance
$523,788
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$50,406

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jul 30, 2018
Sold by
Lewis Norman and Lewis Carol H
Bought by
197 Hansbury Llc
Seller's Agent
Alnisa White
A-LIST REALTY LLC
Buyer's Agent
Alnisa White
A-LIST REALTY LLC
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.46%

Purchase Details

Closed on
Aug 3, 2005
Sold by
Edwards Sharon
Bought by
Lewis Norman and Lewis Carol Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.66%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 29, 2000
Sold by
Home Buying Center Of America
Bought by
Edwards Sharon

Purchase Details

Closed on
Nov 7, 2000
Sold by
Universal Portfolio Buyers
Bought by
Homebuyers Centers Of America

Purchase Details

Closed on
Mar 27, 1997
Sold by
Ford Consumer
Bought by
Singleton Harvey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
7.88%

Purchase Details

Closed on
Jan 31, 1997
Sold by
Mclendon Margart
Bought by
Ford Consumer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
7.88%

Purchase Details

Closed on
Jan 26, 1996
Sold by
Ford Consumer
Bought by
Mcclendon Margaret Mc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.1%

Purchase Details

Closed on
Sep 5, 1991
Sold by
Fontoura Armando B Sheriff
Bought by
Marine Midland Bank

Purchase Details

Closed on
Apr 14, 1989
Sold by
Miller Charles and Miller Webster,Pennie J
Bought by
Webster Loretta
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
Virhuez April J $538,500 Main Street Title & Settlement
197 Hansbury Llc $125,000 Foundation Title
Lewis Norman $280,000 --
Edwards Sharon $140,000 --
Edwards Sharon $140,000 --
Homebuyers Centers Of America $95,000 --
Homebuyers Centers Of America $95,000 --
Singleton Harvey $71,000 --
Ford Consumer $1,000 --
Mcclendon Margaret Mc $90,000 --
Marine Midland Bank $54,400 --
Webster Loretta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virhuez April J $528,745
Previous Owner 197 Hansbury Llc $420,000
Previous Owner 197 Hansbury Llc $262,500
Previous Owner 197 Hansbury Llc $217,500
Previous Owner Lewis Norman $56,000
Previous Owner Lewis Norman $224,000
Previous Owner Edwards Sharon $12,000
Previous Owner Singleton Harvey $71,000
Previous Owner Mcclendon Margaret Mc $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2024 08/13/24 Sold $538,500 -2.1% --
04/12/2024 04/12/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $549,900 +339.9% --
08/08/2018 08/08/18 Sold $125,000 -10.7% --
04/10/2018 04/10/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $140,000 -- --
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
2025 $6,472 $173,600 $28,800 $144,800
2024 $6,472 $173,600 $28,800 $144,800
2022 $6,486 $173,600 $28,800 $144,800
2021 $6,482 $173,600 $28,800 $144,800
2020 $6,597 $173,600 $28,800 $144,800
2019 $6,529 $173,600 $28,800 $144,800
2018 $6,411 $173,600 $28,800 $144,800
2017 $6,180 $173,600 $28,800 $144,800
2016 $5,972 $173,600 $28,800 $144,800
2015 $5,744 $173,600 $28,800 $144,800
2014 $5,383 $173,600 $28,800 $144,800
Source: Public Records

Agents Affiliated with this Home

  • Grisela Flores

    Seller's Agent in 2024

    Grisela Flores

    FloroStone Realty, Inc.

    (908) 220-7865

    8 in this area

    159 Total Sales

    Section Image

  • O

    Buyer's Agent in 2024

    Outside Agent

    Outside Office

  • Alnisa White

    Seller's Agent in 2018

    Alnisa White

    A-LIST REALTY LLC

    (609) 839-2203

    5 Total Sales

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Map

Source: New Jersey MLS

MLS Number: 24008042

New Jersey MLS

APN: 14-03706-0000-00037

New Jersey Essex County Newark 07112 Weequahic

197-199 Hansbury Ave, Newark, NJ

This home is located at 197-199 Hansbury Ave, Newark, NJ 07112 since 18 March 2024 and is currently estimated at $574,194. 197-199 Hansbury Ave is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary 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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

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

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