NOT LISTED FOR SALE

20 Oakland Terrace Unit 22 Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $597,450 - $799,000

6 Beds
3 Baths
-- Sq Ft
6,107 Sq Ft Lot

Last Sold February 17, 2022

Last sale price $340,000

Est. 101% increase in value since last sale

Current estimated payment $4,662/month

30 Days on Market

About This Home

As of February 2022

This 6 bedroom Colonial in the Upper Vailsburg Section of Newark WILL NOT LAST! Nestled in the coveted Upper Vailsburg section of Newark, this home is a gem! Beautiful hardwood travels underfoot of this 6 bedroom colonial. With both a Living Room and entrance sitting room, this home provides an abundance of living space. With both a Living Room and entrance sitting room, this home provides an abundance of living space. The formal dining is perfect place for a entertaining. The Butler's Pantry off of the Dining Room/Kitchen makes entertaining that much easier! The grand staircase carries you to the second floor where you will find 2 generously sized bedrooms and the Principal bedroom. With 3 more bedrooms on the third floor, the possibilities are endless!

Last Agent to Sell the Property

Megan Scarborough

RE/MAX First Realty II Listed on: 10/02/2021

RE/MAX First Realty II

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,923

Year Built

  • 1920

Lot Details

  • 6,107 Sq Ft Lot
  • Rectangular Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00014 / 04172

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,923

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 908-664-1500
  • MLS Status: Sold - Sold
  • Directions: Richelieu to Cliff to Oakland
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1920

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Primary Bathroom: No

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Aluminum Siding

Utilities

  • Cooling: None
  • Heating: Natural Gas, Steam

Lot Info

  • Lot Size Sq Ft: 6107.0

Tax Info

  • Tax Annual Amount: 7923.0
  • Tax Block: 04172
  • Tax Lot: 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Feb 15, 2022
Sold by
Harris Lamont W
Bought by
Parchment Chanice
Seller's Agent
Megan Scarborough
RE/MAX First Realty II
Buyer's Agent
Outside Agent
Outside Office
List Price
$300,000
Sold Price
$340,000
Premium/Discount to List
$40,000
13.33%
Total Days on Market
30
Current Estimated Value
$682,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,363
Avg. Annual Appreciation
23.50%
Original Mortgage
$338,318
Outstanding Balance
$318,348
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$364,015

Purchase Details

Closed on
Mar 31, 2015
Sold by
Selinske Jane
Bought by
Harris Lamont

Purchase Details

Closed on
Sep 20, 1985
Bought by
Selinske Jane
Source: Public Records

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Range of Values:

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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
Parchment Chanice $350,000 Foundation Title
Harris Lamont $225,000 --
Selinske Jane $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parchment Chanice $338,318
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $340,000 +13.3% --
11/01/2021 11/01/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $300,000 -- --
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 $9,969 $267,400 $28,600 $238,800
2022 $7,790 $208,500 $27,700 $180,800
2021 $7,785 $208,500 $27,700 $180,800
2020 $7,923 $208,500 $27,700 $180,800
2019 $7,842 $208,500 $27,700 $180,800
2018 $7,700 $208,500 $27,700 $180,800
2017 $7,423 $208,500 $27,700 $180,800
2016 $7,172 $208,500 $27,700 $180,800
2015 $6,899 $208,500 $27,700 $180,800
2014 $6,466 $208,500 $27,700 $180,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21039996

New Jersey MLS

APN: 14-04172-0000-00014