NOT LISTED FOR SALE

226 Osborne Terrace Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $566,000 - $712,000

-- Bed
-- Bath
-- Sq Ft
33 Sq Ft Lot

Last Sold April 29, 2019

Last sale price $315,000

Est. 98% increase in value since last sale

Current estimated payment $4,045/month

116 Days on Market

About This Home

As of April 2019

This home is located at 226 Osborne Terrace, Newark, NJ 07112 since 08 November 2018 and is currently estimated at $622,500. This property was built in 1922. 226 Osborne Terrace is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Peshine Avenue Elementary School, and Belmont Runyon School.

Last Agent to Sell the Property

Alvin Peralta

QUALITY HOMES REAL ESTATE Brokerage Phone: 201-833-6001 Listed on: 11/08/2018

QUALITY HOMES REAL ESTATE

Last Buyer's Agent

TYONNA VANCE

COLDWELL BANKER FRANKLIN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,089

Year Built

  • Built in 1922

Lot Details

  • 33 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,089

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Essex
  • I D: 4851519
  • Attribution Contact: 201-833-6001
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33.4X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2018
Closed on
Apr 29, 2019
Sold by
Langhorne George and Williams Alejandro
Bought by
Harper Allison
Seller's Agent
Alvin Peralta
QUALITY HOMES REAL ESTATE
Buyer's Agent
TYONNA VANCE
COLDWELL BANKER FRANKLIN REALTY
List Price
$309,000
Sold Price
$315,000
Premium/Discount to List
$6,000
1.94%
Current Estimated Value
$622,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,500
Avg. Annual Appreciation
10.92%

Purchase Details

Closed on
Aug 17, 2014
Sold by
Langhorne George
Bought by
Langhorne George and Langhorne Illiams,Alejandro

Purchase Details

Closed on
Dec 17, 2012
Sold by
Tucan Holdings Llc
Bought by
Langhorne George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2011
Sold by
Simplice Farah
Bought by
Tucan Holdings Llc

Purchase Details

Closed on
Feb 22, 2008
Sold by
Wells Fargo Bank Na
Bought by
Simplice Farah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2007
Sold by
Gumbs Nixon
Bought by
Wells Fargo

Purchase Details

Closed on
Jul 25, 2006
Sold by
Gumbs Nixon
Bought by
Gumbs Nixon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 13, 1999
Sold by
Porter Sherman
Bought by
Gumbs Nixon and Gumbs Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,002
Interest Rate
7.65%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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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
Harper Allison $315,000 --
Langhorne George $95,337 --
Langhorne George $95,300 --
Langhorne George $200,000 None Available
Tucan Holdings Llc $58,000 None Available
Simplice Farah $170,000 First American Title Ins Co
Wells Fargo -- Land Title Svcs Of Nj Inc
Gumbs Nixon $10,000 --
Gumbs Nixon $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Langhorne George $196,377
Previous Owner Simplice Farah $153,000
Previous Owner Gumbs Nixon $204,000
Previous Owner Gumbs Nixon $116,002
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2019 04/29/19 Sold $315,000 +1.9% --
03/04/2019 03/04/19 Pending -- -- --
11/08/2018 11/08/18 For Sale $309,000 -- --
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 $9,089 $243,800 $28,300 $215,500
2024 $9,089 $243,800 $28,300 $215,500
2022 $9,108 $243,800 $28,300 $215,500
2021 $9,103 $243,800 $28,300 $215,500
2020 $9,264 $243,800 $28,300 $215,500
2019 $8,255 $219,500 $28,300 $191,200
2018 $8,106 $219,500 $28,300 $191,200
2017 $7,814 $219,500 $28,300 $191,200
2016 $7,551 $219,500 $28,300 $191,200
2015 $7,263 $219,500 $28,300 $191,200
2014 $6,807 $219,500 $28,300 $191,200
Source: Public Records

Agents Affiliated with this Home

  • Alvin Peralta

    Seller's Agent in 2019

    Alvin Peralta

    RE/MAX

    (201) 788-8401

    1 in this area

    32 Total Sales

    Alvin Peralta
    Section Image

  • T

    Buyer's Agent in 2019

    TYONNA VANCE

    COLDWELL BANKER FRANKLIN REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3514717

Garden State MLS

APN: 14-03601-0000-00034

New Jersey Essex County Newark 07112 Weequahic

226 Osborne Terrace, Newark, NJ

Not Listed for Sale

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