NOT LISTED FOR SALE

224-226 Eastern Pkwy Newark, NJ 07106

Ivy Hill Neighborhood

Estimated Value: $682,000 - $853,000

-- Bed
-- Bath
-- Sq Ft
42 Sq Ft Lot

Last Sold January 23, 2019

Last sale price $247,761

Est. 212% increase in value since last sale

Current estimated payment $4,932/month

11 Days on Market

About This Home

As of January 2019

This home is located at 224-226 Eastern Pkwy, Newark, NJ 07106 since 18 October 2018 and is currently estimated at $771,826. 224-226 Eastern Pkwy is a home located in Essex County with nearby schools including Mt. Vernon School, Lincoln Elementary School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

DAVID M. SWEENEY

DAVID M SWEENEY REALTY, LLC Brokerage Phone: 678-201-0475 Listed on: 10/18/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,834

Lot Details

  • 42 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,834

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 224-226
  • I D: 4846290
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 678-201-0475
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 42.6X120
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2022
Sold by
Moses Gold
Bought by
2624 Eastern Pkwy Llc
Current Estimated Value
$771,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$500,788
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$271,038

Purchase Details

Closed on
Jul 25, 2022
Sold by
224-226 Holdings Llc
Bought by
Gold Moses

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$500,788
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$271,038

Purchase Details

Closed on
Jul 6, 2021
Sold by
Wiznitzer Israel
Bought by
224-226 Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1998
Sold by
Teapa Eleth
Bought by
Younger Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,200
Interest Rate
6.67%

Purchase Details

Closed on
Sep 9, 1993
Sold by
Toth James
Bought by
Petti Carmine and Renna Anthony
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
2624 Eastern Pkwy Llc -- Universal Title
Gold Moses $700,000 Universal Title
224-226 Holdings Llc $580,000 Dulitz Elchanan
Younger Oscar $160,000 --
Petti Carmine $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gold Moses $525,000
Previous Owner 224-226 Holdings Llc $464,000
Previous Owner Younger Oscar $279,000
Previous Owner Younger Oscar $137,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2019 01/23/19 Sold $247,761 +19.9% --
10/29/2018 10/29/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $206,700 -- --
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
2025 $9,834 $263,800 $37,400 $226,400
2024 $9,834 $263,800 $37,400 $226,400
2022 $9,856 $263,800 $37,400 $226,400
2021 $9,850 $263,800 $37,400 $226,400
2020 $10,024 $263,800 $37,400 $226,400
2019 $9,922 $263,800 $37,400 $226,400
2018 $9,742 $263,800 $37,400 $226,400
2017 $9,391 $263,800 $37,400 $226,400
2016 $9,075 $263,800 $37,400 $226,400
2015 $8,729 $263,800 $37,400 $226,400
2014 $8,180 $263,800 $37,400 $226,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3509849

Garden State MLS

APN: 14-04140-01-00015