NOT LISTED FOR SALE

20 Spencer St Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $435,000 - $536,203

5 Beds
2.5 Baths
-- Sq Ft
37 Sq Ft Lot

Last Sold August 01, 2022

Last sale price $380,000

Est. 30% increase in value since last sale

Current estimated payment $3,223/month

95 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Zoned Heating and Cooling System
  • Private Driveway
  • Kitchen Island

About This Home

As of August 2022

Come see this fully renovated home! 5 bedrooms and 2 1/2 baths with a potential in-law suite and a big backyard. It has plenty of parking. First floor contains 2 bedrooms, a kitchen with a large center island, dining room and living room, and a full bathroom. Second floor contains 3 bedrooms, a full bathroom, and living space with a potential kitchenet. Close to the parkway easy access to New York.

Last Agent to Sell the Property

TECHSHON RACINE

EXP REALTY, LLC Listed on: 02/18/2022

Last Buyer's Agent

TECHSHON RACINE

EXP REALTY, LLC Listed on: 02/18/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,042

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 37

Parking

  • Private Driveway

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Aluminum Siding
  • Vinyl Siding

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • 37 Sq Ft Lot
  • Forced Air Zoned Heating and Cooling System
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1614-04051-0001-00026-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,042

Year Built

Built in 1952 | Remodeled

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1952
  • Year Built Description: Renovated
  • County Name: Essex
  • Renovated Year: 2022
  • Street Number Display: 20
  • Directions: Garden state parkway exit 144
  • I D: 5130571
  • Modified: 2023-08-02
  • Number Images: 24
  • First Name: TECHSHON
  • First Name3: TECHSHON
  • Last Name: RACINE
  • Last Name3: RACINE
  • Attribution Contact: null
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: CookIndu, Dishwasher, Microwave Oven, Range/Oven-Electric, Refrigerator
  • Number Rooms: 9
  • Bedrooms: 5
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Slab, Unfinished
  • Kitchen Area: Center Island
  • Phone: 866-201-6210

Exterior Features

  • Exterior Description: Aluminum Siding, Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee Frequency: Annually

Lot Info

  • Lot Size: 37.6X100
  • Assessed Improvement Value: 142100
  • Assessed Land Value: 16900
  • Assessment: 159000
  • Lot Identifier: 26
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6042
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-04051-0001-00026-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.734
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Jul 29, 2022
Sold by
20 Spencer Street Llc
Bought by
Cuevas Johan M and De La Cruz
Seller's Agent
TECHSHON RACINE
EXP REALTY, LLC
Buyer's Agent
TECHSHON RACINE
EXP REALTY, LLC
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%
Current Estimated Value
$494,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,051
Avg. Annual Appreciation
9.14%
Original Mortgage
$323,000
Outstanding Balance
$309,668
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$184,383

Purchase Details

Closed on
Dec 9, 2019
Sold by
Mao Properties Llc
Bought by
20 Spencer Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2019
Sold by
Sweeney and Spring Wesley
Bought by
Mao Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 1974
Bought by
Wesley Benjamin and Wesley Shyrel
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
Cuevas Johan M $380,000 None Listed On Document
20 Spencer Street Llc $125,000 Misc Company
Mao Properties Llc $110,000 --
Wesley Benjamin $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuevas Johan M $323,000
Previous Owner 20 Spencer Street Llc $196,000
Previous Owner Wesley Benjamin H $75,000
Previous Owner Wesley Banjamin H $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $380,000 +1.3% --
05/24/2022 05/24/22 Pending -- -- --
05/06/2022 05/06/22 Price Changed $375,000 -2.6% --
02/18/2022 02/18/22 For Sale $385,000 -- --
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 $5,928 $159,000 $16,900 $142,100
2024 $5,928 $159,000 $16,900 $142,100
2022 $5,940 $159,000 $16,900 $142,100
2021 $5,937 $159,000 $16,900 $142,100
2020 $6,042 $159,000 $16,900 $142,100
2019 $5,980 $159,000 $16,900 $142,100
2018 $5,622 $159,000 $16,900 $142,100
2017 $5,410 $159,000 $16,900 $142,100
2016 $5,220 $159,000 $16,900 $142,100
2015 $5,011 $159,000 $16,900 $142,100
2014 $4,681 $159,000 $16,900 $142,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    TECHSHON RACINE

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3764691

Garden State MLS

APN: 14-04051-01-00026

New Jersey Essex County Newark 07106 Lower Vailsburg

20 Spencer St, Newark, NJ

This home is located at 20 Spencer St, Newark, NJ 07106 since 18 February 2022 and is currently estimated at $494,051. This property was built in 1952. 20 Spencer St is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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