NOT LISTED FOR SALE

2 Palmer St Newton, NJ 07860

Estimated Value: $319,000 - $376,000

3 Beds
2 Baths
960 Sq Ft
$369/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $320,000 $333 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,522/month

8 Days on Market

About This Home

As of July 2023

This home is located at 2 Palmer St, Newton, NJ 07860 since 23 May 2023 and is currently estimated at $353,865, approximately $368 per square foot. This property was built in 1897. 2 Palmer St is a home located in Sussex County with nearby schools including Merriam Avenue School, Halsted Street Middle School, and Newton High School.

Last Agent to Sell the Property

Kelly Holmquist

KELLER WILLIAMS METROPOLITAN Brokerage Phone: 973-539-1120 Listed on: 05/23/2023

KELLER WILLIAMS METROPOLITAN

Co-Listed By

Alexis Kalmus

KELLER WILLIAMS METROPOLITAN Brokerage Phone: 973-539-1120

Last Buyer's Agent

TERESA AURORI

RE/MAX TOWN & VALLEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,159

Year Built

  • Built in 1897

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,159

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Year Built: 1897
  • County Name: Sussex
  • Street Number Display: 2
  • I D: 5203383
  • Modified: 2024-07-15
  • Number Images: 1
  • Attribution Contact: 973-539-1120
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 00000.172 AC.
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Jul 12, 2023
Sold by
Kesselman Raellen
Bought by
Kukaj Leonora
Seller's Agent
Kelly Holmquist
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
TERESA AURORI
RE/MAX TOWN & VALLEY
List Price
$297,000
Sold Price
$320,000
Premium/Discount to List
$23,000
7.74%
Total Days on Market
8
Views
778
Current Estimated Value
$353,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,865
Avg. Annual Appreciation
4.83%
Original Mortgage
$304,000
Outstanding Balance
$298,226
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$55,619

Purchase Details

Listed on
Aug 26, 2016
Closed on
Nov 30, 2016
Sold by
Best Value Homes Llc
Bought by
Kesselman Raellen
Seller's Agent
RACHEL BUCCI
EXP REALTY, LLC
Buyer's Agent
Christine Tremain
WEICHERT REALTORS
List Price
$195,000
Sold Price
$181,500
Premium/Discount to List
-$13,500
-6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$180,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 31, 2015
Closed on
Jul 27, 2015
Sold by
Bayview Loan Servicing Llc
Bought by
Best Value Homes Llc
Seller's Agent
CECILIA DE VENEZIA
JERSEY SUCCESS REALTY, INC.
Buyer's Agent
CECILIA DE VENEZIA
JERSEY SUCCESS REALTY, INC.
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.18%

Purchase Details

Closed on
Oct 20, 2014
Sold by
Handelong Timothy M and Handelong Timothy M
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Jul 29, 2008
Sold by
Smith Ralph and Smith Virginia
Bought by
Handelong Timothy M and Handelong Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,349
Interest Rate
6.47%
Mortgage Type
FHA
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
Kukaj Leonora $320,000 Fidelity National Title
Kesselman Raellen $181,500 Interstate 1St Title Agency
Best Value Homes Llc $65,000 Interstate 1St Title Agency
Bayview Loan Servicing Llc -- None Available
Handelong Timothy M $208,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kukaj Leonora $304,000
Previous Owner Kesselmar Raellen $152,000
Previous Owner Kesselman Raellen $180,000
Previous Owner Handelong Timothy M $206,349
Previous Owner Smith Ralph $35,000
Previous Owner Smith Ralph $44,256
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $320,000 +7.7% $333 / Sq Ft
05/25/2023 05/25/23 For Sale $297,000 +63.6% $309 / Sq Ft
12/01/2016 12/01/16 Sold $181,500 -6.9% $189 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $195,000 +200.0% $203 / Sq Ft
07/31/2015 07/31/15 Sold $65,000 -- $68 / 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
2024 $7,159 $284,500 $58,600 $225,900
2023 $7,159 $159,300 $53,600 $105,700
2022 $7,188 $159,300 $53,600 $105,700
2021 $7,156 $159,300 $53,600 $105,700
2020 $7,046 $159,300 $53,600 $105,700
2019 $6,828 $159,300 $53,600 $105,700
2018 $6,791 $159,300 $53,600 $105,700
2017 $6,751 $159,300 $53,600 $105,700
2016 $6,092 $146,100 $53,600 $92,500
2015 $5,932 $146,100 $53,600 $92,500
2014 $5,809 $146,100 $53,600 $92,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3845202

Garden State MLS

APN: 15-00019-06-00017