NOT LISTED FOR SALE

21 Wainwright St Unit 23 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $294,000 - $649,000

5 Beds
3 Baths
-- Sq Ft
3,472 Sq Ft Lot

Last Sold September 28, 2023

Last sale price $500,000

Current estimated payment $3,051/month

23 Days on Market

About This Home

As of September 2023

Welcome to this exceptional income-producing property in the vibrant city of Newark, NJ. This well-maintained 3-family house presents an incredible investment opportunity, featuring two units with 2 bedrooms each and an additional unit with 1 bedroom, making it a sought-after choice for savvy investors and those seeking additional rental income. Conveniently located with proximity to schools, parks, shopping centers, restaurants, and entertainment options, offering residents a vibrant and convenient lifestyle. The property's strategic location ensures easy access to major highways and public transportation, making it an excellent choice for commuters.

Last Agent to Sell the Property

Andre Saraiva

Keller Williams Mid-Town Direct Realty, LLC Listed on: 08/09/2023

Keller Williams Mid-Town Direct Realty, LLC

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,995

Lot Details

  • 3,472

Parking

  • 4 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 3,472 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00015 / 03074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,995

Lot Details

0

Parking

4

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (973) 467-6767
  • MLS Status: Sold - Sold
  • Directions: Nye to Wainwright
  • Architectural Style: 3 Family
  • Year Built Details: 1990's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Remarks: yes, Finished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 4.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 3472.0

Tax Info

  • Tax Annual Amount: 4995.0
  • Tax Block: 03074
  • Tax Lot: 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 26, 2023
Sold by
X Properties Investments Llc and X Properties Investments Limited Liabili
Bought by
Okoli Ikenna
Seller's Agent
Andre Saraiva
Keller Williams Mid-Town Direct Realty, LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$479,000
Sold Price
$500,000
Premium/Discount to List
$21,000
4.38%
Views
2
Current Estimated Value
$499,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$826
Avg. Annual Appreciation
-0.13%
Original Mortgage
$386,250
Outstanding Balance
$379,156
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$119,605

Purchase Details

Closed on
Oct 27, 2015
Sold by
Ajayi Mobolaji and Ajayi Joy
Bought by
X Properties Investment Llc

Purchase Details

Closed on
Feb 23, 2006
Sold by
Nwodili Chuks
Bought by
Ajayi Mobolaji and Ajayi Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2001
Sold by
White Lucinda
Bought by
Nwodili Chuks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.91%
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
Okoli Ikenna $515,000 None Listed On Document
X Properties Investment Llc $25,000 New Jersey Land Title
Ajayi Mobolaji $225,000 --
Nwodili Chuks $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okoli Ikenna $386,250
Previous Owner X Properties Investments Limit $279,500
Previous Owner Ajayi Mobolaji O $202,500
Previous Owner Nwodili Chuks $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $500,000 +4.4% --
08/09/2023 08/09/23 For Sale $479,000 -- --
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
2025 $4,984 $312,500 $22,500 $290,000
2024 $4,984 $135,000 $22,500 $112,500
2022 $4,995 $133,700 $22,500 $111,200
2021 $4,992 $133,700 $22,500 $111,200
2020 $5,081 $133,700 $22,500 $111,200
2019 $5,028 $133,700 $22,500 $111,200
2018 $4,938 $133,700 $22,500 $111,200
2017 $4,760 $133,700 $22,500 $111,200
2016 $4,599 $133,700 $22,500 $111,200
2015 $4,424 $133,700 $22,500 $111,200
2014 $4,146 $133,700 $22,500 $111,200
Source: Public Records

Agents Affiliated with this Home

  • Andre Saraiva

    Seller's Agent in 2023

    Andre Saraiva

    Keller Williams Mid-Town Direct Realty, LLC

    (973) 768-2721

    2 in this area

    65 Total Sales

    Andre Saraiva
    Section Image

  • O

    Buyer's Agent in 2023

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 23024747

New Jersey MLS

APN: 14-03074-0000-00015

New Jersey Essex County Newark 07112 Weequahic

21 Wainwright St Unit 23, Newark, NJ

This home is located at 21 Wainwright St Unit 23, Newark, NJ 07112 since 09 August 2023 and is currently estimated at $499,174. 21 Wainwright St Unit 23 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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