NOT LISTED FOR SALE

206 Chancellor Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $551,000 - $685,845

-- Bed
4 Baths
2,880 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $360,000 $125 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,334/month

4 Days on Market

About This Home

As of May 2021

Don't miss this 4 Unit Multi Family BRICK home with 1 bedroom and 1 full bath per unit. Each unit features a living room, dining area and kitchen. Separate utilities and fenced-in backyard! TONS of renovation potential! Being sold AS IS, WHERE IS, Buyer is responsible for all inspections, CO and certifications. All information and property details are deemed reliable but not guaranteed and should be independently verified if any person intends to engage in a transaction based upon it. All room dimensions are approximate & need to be verified by buyer. Owner-occ & non-profits only considered during 20-day marketing period.

Last Agent to Sell the Property

Robert Cuccinello

(973) 939-0010 robert@atbnj.com Homes and Land Brokers Inc License #9695329 Listed on: 03/01/2021

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,853

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 2,880 Sq Ft Home
  • Bi-Level Home
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof

Utilities

  • Radiator
  • Hot Water Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 071403706 00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,853

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 2880
  • Living Area Sq Ft: 2880
  • Price Per Sq Ft: 111.08
  • Above Grade Finished Sq Ft: 2880
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 155900.00
  • Land Assessed Value: 103400.00
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4791.60
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9853.00
  • Assessor Parcel Number: 071403706 00007
  • Tax Year: 2020

MLS Schools

  • School District Name: ESSEX

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 1992
Sold by
Karstadt Solomon
Bought by
Nadrajah Mario D Et Als
Current Estimated Value
$619,461
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nadrajah Mario D Et Als $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $360,000 +12.5% $125 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $319,900 -- $111 / Sq Ft
Source: Bright 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 $12,858 $344,900 $103,400 $241,500
2024 $12,858 $344,900 $103,400 $241,500
2022 $9,687 $259,300 $103,400 $155,900
2021 $9,682 $259,300 $103,400 $155,900
2020 $9,853 $259,300 $103,400 $155,900
2019 $9,752 $259,300 $103,400 $155,900
2018 $11,005 $298,000 $103,400 $194,600
2017 $10,609 $298,000 $103,400 $194,600
2016 $10,251 $298,000 $103,400 $194,600
2015 $9,861 $298,000 $103,400 $194,600
2014 $9,241 $298,000 $103,400 $194,600
Source: Public Records

Agents Affiliated with this Home

  • Robert Cuccinello

    Seller's Agent in 2021

    Robert Cuccinello

    Homes and Land Brokers Inc

    (973) 939-0010

    2 in this area

    343 Total Sales

    Robert Cuccinello
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Map

Source: Bright MLS

MLS Number: NJES100266

Bright MLS

APN: 14-03706-0000-00007

New Jersey Essex County Newark 07112 Weequahic

206 Chancellor Ave, Newark, NJ

Not Listed for Sale

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