NOT LISTED FOR SALE

Estimated Value: $675,108 - $726,000

8 Beds
4 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold December 30, 2022

Last sale price $515,000

Est. 35% increase in value since last sale

Current estimated payment $4,725/month

162 Days on Market

About This Home

As of December 2022

Easy to show _Commuters dream! Few minutes walking distance from NJ light rail, close to all major highways, 280, Parkway, etc.. A great option for the savvy investor, Income producer!! 1st and 2nd floor both have same exact layout with 3 Bedrooms, Lr/Dr, Eat in Kit, & full Ba..3rd floor offers Living room, Eat in Kit, 2 Bedroom rooms, and full bathroom! Basement is finished with 3 rooms, full bathroom, and extra living space! In addition enjoy the backyard for outdoor gatherings, must see!

Last Agent to Sell the Property

David Vanegas

Empire Real Estate Listed on: 07/20/2022

Last Buyer's Agent

Austin Smith Real Estate

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,486

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00049 / 01914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,486

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups
  • Co List Office Phone: (201) 848-9919
  • MLS Status: Sold - Sold
  • Directions: GPS _ 218 3rd St Newark, NJ
  • Architectural Style: 3 Family
  • Year Built Details: 1960's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Remarks: Finshed, Bathroom, 3 rooms and extra living space

Exterior Features

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

Utilities

  • Utilities: Natural Gas Connected

Lot Info

  • Lot Dimensions: 25X100
  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 12486.0
  • Tax Block: 01914
  • Tax Lot: 00049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Dec 30, 2022
Sold by
Thompson Jordan
Bought by
Maddan Ovril
Seller's Agent
David Vanegas
Empire Real Estate
Buyer's Agent
Austin Smith Real Estate
EXP Realty, LLC
List Price
$529,000
Sold Price
$515,000
Premium/Discount to List
-$14,000
-2.65%
Views
123
Current Estimated Value
$695,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,277
Avg. Annual Appreciation
11.49%
Original Mortgage
$470,593
Outstanding Balance
$455,986
Interest Rate
6.58%
Mortgage Type
FHA
Estimated Equity
$239,291

Purchase Details

Listed on
Jan 17, 2020
Closed on
Jun 22, 2020
Sold by
Traverzo Shirley
Bought by
Thompson Jordan
Seller's Agent
David Vanegas
EMPIRE REAL ESTATE
Buyer's Agent
David Vanegas
EMPIRE REAL ESTATE
List Price
$409,000
Sold Price
$420,000
Premium/Discount to List
$11,000
2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$412,392
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2002
Sold by
Rivera Alcides
Bought by
Traverzo Shirley
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
Maddan Ovril $515,000 Stewart Title Guaranty Company
Thompson Jordan $420,000 Main Street Title
Traverzo Shirley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maddan Ovril $470,593
Previous Owner Thompson Jordan $412,392
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $515,000 -0.8% --
12/29/2022 12/29/22 Pending -- -- --
08/25/2022 08/25/22 Price Changed $519,000 -1.9% --
07/20/2022 07/20/22 For Sale $529,000 +26.0% --
07/08/2020 07/08/20 Sold $420,000 +2.7% --
05/26/2020 05/26/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $409,000 -- --
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 $12,466 $334,400 $18,800 $315,600
2024 $12,466 $334,400 $18,800 $315,600
2022 $12,493 $334,400 $18,800 $315,600
2021 $12,487 $334,400 $18,800 $315,600
2020 $5,962 $156,900 $18,800 $138,100
2019 $5,901 $156,900 $18,800 $138,100
2018 $5,794 $156,900 $18,800 $138,100
2017 $5,586 $156,900 $18,800 $138,100
2016 $5,397 $156,900 $18,800 $138,100
2015 $5,192 $156,900 $18,800 $138,100
2014 $4,865 $156,900 $18,800 $138,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22027153

New Jersey MLS

APN: 14-01914-0000-00049