NOT LISTED FOR SALE

224 Walnut St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $584,000 - $658,000

-- Bed
-- Bath
-- Sq Ft
2,178 Sq Ft Lot

Last Sold June 30, 2021

Last sale price $439,000

Est. 42% increase in value since last sale

Current estimated payment $3,983/month

54 Days on Market

About This Home

As of June 2021

This home is located at 224 Walnut St, Newark, NJ 07105 since 01 May 2021 and is currently estimated at $621,482. This property was built in 1900. 224 Walnut St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

Last Agent to Sell the Property

JOSE ALFONSO DA SILVA

RITE CHOICE REALTY LLC Brokerage Phone: 908-325-5060 Listed on: 05/01/2021

Last Buyer's Agent

Carlos Soares

C-21 SEMIAO & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,154

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,154

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Essex
  • Street Number Display: 224
  • I D: 5067926
  • Modified: 2022-07-01
  • Number Images: 0
  • Attribution Contact: 908-325-5060
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X95
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2021
Closed on
Jun 30, 2021
Sold by
Damasceno Rosa
Bought by
Montesdeoca Diego
Seller's Agent
JOSE ALFONSO DA SILVA
RITE CHOICE REALTY LLC
Buyer's Agent
Carlos Soares
C-21 SEMIAO & ASSOCIATES
List Price
$439,900
Sold Price
$439,000
Premium/Discount to List
-$900
-0.2%
Current Estimated Value
$621,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,482
Avg. Annual Appreciation
8.54%
Original Mortgage
$329,250
Outstanding Balance
$299,390
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$318,528

Purchase Details

Listed on
Apr 15, 2015
Closed on
Apr 15, 2015
Sold by
Silva Marcelo and Aparecida Se Sousa Yolanda
Bought by
Damasceno Rosa
Seller's Agent
JOSE ALFONSO DA SILVA
RITE CHOICE REALTY LLC
Buyer's Agent
Francisco Gomes
KELLER WILLIAMS CITY VIEWS REALTY
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.53%

Purchase Details

Closed on
Feb 14, 2005
Sold by
Arre Sandra
Bought by
Silva Marcelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,600
Interest Rate
7.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Montesdeoca Diego $439,000 Westcor Land Title Ins Co
Damasceno Rosa $145,000 Prestige Title Agency Inc
Silva Marcelo $289,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montesdeoca Diego $329,250
Previous Owner Silva Marcelo $350,000
Previous Owner Silva Marcelo $231,600
Closed Damasceno Rosa --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $439,000 -0.2% --
06/24/2021 06/24/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $439,900 +203.4% --
04/15/2015 04/15/15 Sold $145,000 -- --
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 $7,154 $191,900 $73,500 $118,400
2024 $7,154 $191,900 $73,500 $118,400
2023 $7,169 $191,900 $73,500 $118,400
2022 $7,169 $191,900 $73,500 $118,400
2021 $7,166 $191,900 $73,500 $118,400
2020 $7,292 $191,900 $73,500 $118,400
2019 $7,217 $191,900 $73,500 $118,400
2018 $7,087 $191,900 $73,500 $118,400
2017 $6,832 $191,900 $73,500 $118,400
2016 $6,601 $191,900 $73,500 $118,400
2015 $6,350 $191,900 $73,500 $118,400
2014 $5,951 $191,900 $73,500 $118,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    JOSE ALFONSO DA SILVA

    RITE CHOICE REALTY LLC

  • Carlos Soares

    Buyer's Agent in 2021

    Carlos Soares

    C-21 SEMIAO & ASSOCIATES

    (201) 306-5361

    3 in this area

    36 Total Sales

    Carlos Soares
    Section Image
  • Francisco Gomes

    Buyer's Agent in 2015

    Francisco Gomes

    KELLER WILLIAMS CITY VIEWS REALTY

    (908) 337-0558

    Francisco Gomes
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3709136

Garden State MLS

APN: 14-00942-0000-00011

New Jersey Essex County Newark 07105 South Ironbound

224 Walnut St, Newark, NJ

This home is located at 224 Walnut St, Newark, NJ 07105 since 01 May 2021 and is currently estimated at $621,482. This property was built in 1900. 224 Walnut St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

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