$690,000
SOLD JAN 10, 2025
9 Beds
3 Baths
2,482 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$278 Per Sq Ft

1% Above List Price

65 Days on Market

About This Home

As of January 2025

Discover this newly renovated 3-family home in vibrant University Heights, Newark! Each unit boasts 3 bedrooms and 1 bath, ideal for modern living. Enjoy a fresh, vacant space ready for immediate move-in or rental. Located in a dynamic neighborhood with easy access to local amenities and transportation. Don't miss this opportunity to own a versatile property in a thriving community!

Last Agent to Sell the Property

Jorge Velasquez

RE/MAX Professionals 1 Listed on: 09/17/2024

Last Buyer's Agent

MARTIN

RE/MAX Lifestyles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,675

Lot Details

  • 2,500 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00053 / 00263

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,675

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-450-4000
  • MLS Status: Sold - Sold
  • Directions: South Orange Ave. to Fairmount Ave.
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 9

Exterior Features

  • Disclosures: Seller's Agent

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 8675.0
  • Tax Block: 00263
  • Tax Lot: 00053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Jan 8, 2025
Sold by
2026 Holdings Llc
Bought by
Ruiz Luis
Seller's Agent
Jorge Velasquez
RE/MAX Professionals 1
Buyer's Agent
MARTIN
RE/MAX Lifestyles
List Price
$679,900
Sold Price
$690,000
Premium/Discount to List
$10,100
1.49%
Views
17
Current Estimated Value
$715,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,387
Avg. Annual Appreciation
6.79%
Original Mortgage
$655,500
Outstanding Balance
$652,026
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$63,361

Purchase Details

Listed on
Jan 9, 2023
Closed on
Mar 27, 2023
Sold by
211 Fairmount Ave Llc
Bought by
2026 Holdings Llc
Seller's Agent
Necker Jean
JEANIUS REALTY
Buyer's Agent
Necker Jean
JEANIUS REALTY
List Price
$510,000
Sold Price
$440,000
Premium/Discount to List
-$70,000
-13.73%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.72%
Original Mortgage
$502,500
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2023
Closed on
Feb 10, 2023
Sold by
211 Fairmount Llc
Bought by
211 Fairmount Ave Llc
Seller's Agent
Necker Jean
JEANIUS REALTY
Buyer's Agent
Necker Jean
JEANIUS REALTY
List Price
$510,000
Sold Price
$440,000
Premium/Discount to List
-$70,000
-13.73%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2019
Sold by
Braxton Arnetta
Bought by
Fairmount Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,374
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2016
Sold by
Fairmount Equities Llc
Bought by
Braxton Arnetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,932
Interest Rate
3.48%

Purchase Details

Closed on
Dec 4, 2015
Sold by
211 Fairmount Avenue
Bought by
Fairmount Equities Llc

Purchase Details

Closed on
Nov 23, 2009
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
211 Fairmount Avenue Llc

Purchase Details

Closed on
Oct 7, 2009
Sold by
Sewnarine Devindra
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Aug 16, 2005
Sold by
Aquitato Joseph
Bought by
Sewnarine Devindra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
5.85%

Purchase Details

Closed on
Oct 9, 2003
Sold by
Ruck Ralph
Bought by
Aquitato Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.98%

Purchase Details

Closed on
May 10, 1994
Sold by
Sexton Agnes
Bought by
Buck Ralph
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Deed $690,000 Foundation Title
Bargain Sale Deed $670,000 None Listed On Document
Deed $440,000 Old Republic National Title
Deed $160,000 --
Deed $335,000 Ptcs Title Agency
Deed $150,000 --
Special Warranty Deed $55,935 None Available
Sheriffs Deed -- None Available
Deed $330,000 --
Deed $210,000 --
Deed $43,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $655,500 New Conventional
Previous Owner $502,500 New Conventional
Previous Owner $32,000 New Conventional
Previous Owner $226,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $199,374 Purchase Money Mortgage
Previous Owner $328,932 No Value Available
Previous Owner $168,000 Unknown
Previous Owner $360,000 Unknown
Previous Owner $297,000 No Value Available
Previous Owner $189,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $690,000 +1.5% $278 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $679,900 0.0% $274 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $679,900 +54.5% $274 / Sq Ft
02/16/2023 02/16/23 Sold $440,000 -13.7% $177 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
02/02/2023 02/02/23 Price Changed $510,000 0.0% $205 / Sq Ft
02/02/2023 02/02/23 For Sale $510,000 -2.9% $205 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $525,000 -- $212 / Sq Ft
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 $8,656 $232,200 $26,300 $205,900
2024 $8,656 $232,200 $26,300 $205,900
2022 $8,675 $232,200 $26,300 $205,900
2021 $8,670 $232,200 $26,300 $205,900
2020 $8,824 $232,200 $26,300 $205,900
2019 $8,733 $232,200 $26,300 $205,900
2018 $8,575 $232,200 $26,300 $205,900
2017 $8,266 $232,200 $26,300 $205,900
2016 $7,988 $232,200 $26,300 $205,900
2015 $7,684 $232,200 $26,300 $205,900
2014 $7,201 $232,200 $26,300 $205,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24030140

New Jersey MLS

APN: 14-00263-0000-00053