NOT LISTED FOR SALE

Estimated Value: $400,000 - $579,902

-- Bed
-- Bath
2,644 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $169,000 $64 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $3,807/month

182 Days on Market

About This Home

As of November 2019

This home is located at 197 3rd St, Newark, NJ 07107 since 10 October 2017 and is currently estimated at $533,476, approximately $201 per square foot. 197 3rd St is a home located in Essex County with nearby schools including Dr. William H. Horton Elementary School, Franklin School, and First Avenue Elementary School.

Last Agent to Sell the Property

Alberi Rosario

WEICHERT REALTORS Brokerage Phone: 201-860-4009 Listed on: 10/10/2017

WEICHERT REALTORS

Last Buyer's Agent

Sandy Cuevas

WEICHERT REALTORS

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,357

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,357

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 197
  • I D: 4752651
  • Modified: 2020-11-19
  • Number Images: 0
  • Attribution Contact: 201-860-4009
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2024
Sold by
Cuevas-Matos Sandy and Rosario Alberi
Bought by
197 3Rd Llc
Current Estimated Value
$548,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
6.64%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 22, 2020
Sold by
Matos Kelda
Bought by
Cuevas Matos Sandy E and Alberi Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2012
Sold by
Forguys Llc
Bought by
Quesada Elba and Gonzalez Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,423
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2011
Sold by
U S Bank National Association
Bought by
Forguys Llc

Purchase Details

Closed on
May 15, 2009
Sold by
Rodriguez Martha
Bought by
Us Bank National Association

Purchase Details

Closed on
Apr 4, 2008
Sold by
Rodriguez Martha
Bought by
Lammy Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,250
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2006
Sold by
Sanford Rahim
Bought by
Rodriguez Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 27, 2005
Sold by
Martin Cecil
Bought by
Sanford Rahim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 18, 2000
Sold by
Turenne Newton
Bought by
Martin Cecil and Martin Ann M Baker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.7%

Purchase Details

Closed on
Apr 23, 1999
Sold by
Parker Ronald
Bought by
Turenne Newton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.95%

Purchase Details

Closed on
Dec 21, 1998
Sold by
Citicorp Mortgage
Bought by
Parker Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
6.76%

Purchase Details

Closed on
Jul 10, 1991
Sold by
Deleon A R Et Als
Bought by
Deleona Augusto and Deleona Sesto,Gladys

Purchase Details

Closed on
Jan 18, 1990
Sold by
Montague Anthony
Bought by
Deleon Augusto Roberto Et Als

Purchase Details

Closed on
Dec 29, 1989
Sold by
Woodson Viola
Bought by
Deleon Augusto and Deleon Roberto
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
197 3Rd Llc $500,000 None Listed On Document
Cuevas Matos Sandy E $300,000 Universal Title Llc
Quesada Elba $220,000 Guardian Title Services Llc
Quesada Elba $220,000 First American Title
Forguys Llc $37,500 Stewart Title Guaranty Co
Us Bank National Association -- Land Title Svcs Of Nj Inc
Lammy Leroy $379,000 Lawyers Title
Rodriguez Martha $325,000 --
Sanford Rahim $290,000 --
Martin Cecil $138,000 --
Turenne Newton $115,000 --
Parker Ronald $56,500 --
Deleona Augusto -- --
Deleon Augusto Roberto Et Als -- --
Deleon Augusto $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 197 3Rd Llc $600,000
Closed 197 3Rd Llc $565,000
Previous Owner Cuevas Matos Sandy E $225,000
Previous Owner Quesada Elba $214,423
Previous Owner Lammy Leroy $284,250
Previous Owner Rodriguez Martha $0
Previous Owner Rodriguez Martha $65,000
Previous Owner Sanford Rahim $10,000
Previous Owner Sanford Rahim $261,000
Previous Owner Martin Cecil $124,000
Previous Owner Turenne Newton $92,000
Previous Owner Parker Ronald $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2019 11/18/19 Sold $169,000 -3.4% $64 / Sq Ft
10/15/2019 10/15/19 Price Changed $175,000 -16.7% $66 / Sq Ft
02/22/2019 02/22/19 Price Changed $210,000 -29.8% $79 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
10/10/2017 10/10/17 For Sale $299,000 -- $113 / Sq Ft
Source: Garden State 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 $9,357 $251,000 $18,800 $232,200
2024 $9,357 $251,000 $18,800 $232,200
2022 $9,377 $251,000 $18,800 $232,200
2021 $9,372 $251,000 $18,800 $232,200
2020 $7,383 $194,300 $18,800 $175,500
2019 $7,308 $194,300 $18,800 $175,500
2018 $7,176 $194,300 $18,800 $175,500
2017 $6,917 $194,300 $18,800 $175,500
2016 $6,684 $194,300 $18,800 $175,500
2015 $6,429 $194,300 $18,800 $175,500
2014 $6,025 $194,300 $18,800 $175,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3423924

Garden State MLS

APN: 14-01911-01-00041