NOT LISTED FOR SALE

212 Elwood Ave Unit 214 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $530,000 - $832,000

5 Beds
3.5 Baths
5,440 Sq Ft
$129/Sq Ft Est. Value

Last Sold November 19, 2022

Last sale price $380,000 $70 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,603/month

144 Days on Market

Highlights

  • 0.23 Acre Lot
  • Living Room with Fireplace
  • 1 Car Detached Garage
  • Colonial Architecture
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of November 2022

A Rare Chance to own a Historic Home in the Forest Hill Section of Newark. This spacious colonial style home has an open floor plan, private gated lot, and with TLC and right vision bring this home back to its former luster and glory. There is carriage house the features a 1 bedroom unit as well as 1 car garage and parking space for off street parking. Located close to schools, major highways, and public transportation. Come see it today.

Last Listed By

RYAN KNAB

COLDWELL BANKER REALTY FLE Brokerage Phone: 201-315-6708 Listed on: 06/23/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,470

Year Built

  • Built in 1915

Lot Details

  • 9,344 Sq Ft Lot
  • Corner Lot
  • Historic Home

Parking

  • 1 Car Detached Garage
  • Private Driveway

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 5,440 Sq Ft Home
  • Living Room with Fireplace
  • 2 Fireplaces
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Window Unit Cooling System
  • Standard Electricity

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,470

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1915
  • Year Built Description: Approximate, Historical
  • County Name: Essex
  • Street Number Display: 212
  • Directions: Ridge St to Elwood Ave
  • I D: 5161234
  • Modified: 2023-11-20
  • Number Images: 23
  • First Name: RYAN
  • First Name3: MARIO
  • Last Name: KNAB
  • Last Name3: ELIZONDO
  • Attribution Contact: 201-315-6708
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Bedroom 1, Living Room
  • Number of Fireplaces: 2
  • Appliances: Range/Oven-Gas
  • Number Rooms: 13
  • Bedrooms: 5
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Estimated Sq Ft: 5440
  • Phone: 201-461-5000

Exterior Features

  • Exterior Description: Wood
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 9344
  • Assessed Improvement Value: 475400
  • Assessed Land Value: 72800
  • Assessment: 548200
  • Easement: Unknown
  • Lot Description: Corner
  • Lot Identifier: 00001
  • Total Acres: 0.23

Tax Info

  • Tax Amount: 20470
  • Tax Rate Amount: 84.180
  • Tax Rate Year: 2022
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2023
Sold by
214 Elwood Avenue Llc
Bought by
Rivas Jose M
Total Days on Market
144
Current Estimated Value
$703,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2022
Closed on
Oct 26, 2022
Sold by
Mtglq Investors Lp
Bought by
214 Elwood Ave Llc
Seller's Agent
RYAN KNAB
COLDWELL BANKER REALTY FLE
Buyer's Agent
Mario Elizondo
COLDWELL BANKER REALTY FLE
List Price
$440,000
Sold Price
$380,000
Premium/Discount to List
-$60,000
-13.64%
Views
127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.44%
Original Mortgage
$455,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2022
Sold by
Nrpl Trust
Bought by
Mtglq Investors Llc

Purchase Details

Closed on
May 28, 2003
Sold by
Faiello Dean
Bought by
Ransom Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.71%

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
Rivas Jose M -- Old Republic National Title
214 Elwood Ave Llc $380,000 Servicelink
Mtglq Investors Llc -- Servicelink
Ransom Jeffrey $423,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivas Jose M $395,000
Open Riva Jose M $183,073,070
Closed Riva Jose M $183,073
Closed Rivas Jose M $750,000
Previous Owner 214 Elwood Ave Llc $75,000
Previous Owner 214 Elwood Ave Llc $455,000
Previous Owner Ransom Jeffery S $173,000
Previous Owner Ransom Jeffrey $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2022 11/19/22 Sold $380,000 +1.3% $70 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
10/03/2022 10/03/22 Price Changed $375,000 -6.2% $69 / Sq Ft
08/19/2022 08/19/22 Price Changed $399,900 -2.4% $74 / Sq Ft
07/27/2022 07/27/22 Price Changed $409,900 -6.8% $75 / Sq Ft
06/23/2022 06/23/22 For Sale $440,000 -- $81 / Sq Ft
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
2024 $20,437 $360,000 $72,800 $287,200
2022 $20,481 $548,200 $72,800 $475,400
2021 $20,470 $548,200 $72,800 $475,400
2020 $20,832 $548,200 $72,800 $475,400
2019 $20,618 $548,200 $72,800 $475,400
2018 $20,245 $548,200 $72,800 $475,400
2017 $19,516 $548,200 $72,800 $475,400
2016 $18,858 $548,200 $72,800 $475,400
2015 $18,140 $548,200 $72,800 $475,400
2014 $17,000 $548,200 $72,800 $475,400
Source: Public Records

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Source: Garden State MLS

MLS Number: 3791604

Garden State MLS

APN: 14-00715-0000-00001