227 Wainwright St Unit 225 Newark, NJ 07112
Weequahic Neighborhood
4
Beds
2
Baths
2,477
Sq Ft
3,485
Sq Ft Lot
Highlights
- Cooling Available
- 2 Car Garage
- 3-minute walk to Saint Peters Park
- Baseboard Heating
About This Home
As of January 2025AS IS Light Rehab needed and UGT located on the property. CASH ONLY or 203K. BACK ON MARKET DUE TO BUYER INABILITY TO SECURE LOAN. Additional highlights include a spacious backyard, a detached 2-car garage, and a long driveway. This home is ideal for a family wanting to live in one unit while renting out the other or for investors looking for a promising property with rental potential.
Last Agent to Sell the Property
Keller Williams Realty Central Monmouth License #2439919 Listed on: 12/04/2024
Last Buyer's Agent
Keller Williams Realty Central Monmouth License #2439919 Listed on: 12/04/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,534
Year Built
- Built in 1927
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 35 x 100
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,477 Sq Ft Home
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Cooling Available
- Baseboard Heating
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 14-03733-0000-00016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 4, 2024
Closed on
Jan 28, 2025
Sold by
Ghanem Dalia
Bought by
Wainwright Capital Llc
Seller's Agent
Nancy Ellithy
Keller Williams Realty Central Monmouth
Buyer's Agent
Nancy Ellithy
Keller Williams Realty Central Monmouth
List Price
$475,000
Sold Price
$420,000
Premium/Discount to List
-$55,000
-11.58%
Total Days on Market
40
Views
100
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,612
Avg. Annual Appreciation
11.42%
Original Mortgage
$434,500
Outstanding Balance
$433,393
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$4,219
Purchase Details
Closed on
Jun 2, 2022
Sold by
Ainnon Tamam
Bought by
Ghanem Dalia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,250
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2005
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,300
Interest Rate
8.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $420,000 | Land Track Title | |
| Deed | $307,000 | New Title Company Name | |
| Deed | $192,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $434,500 | New Conventional | |
| Previous Owner | $230,250 | New Conventional | |
| Previous Owner | $173,300 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/29/2025 01/29/25 | Sold | $420,000 | -16.0% | $170 / Sq Ft |
| 12/04/2024 12/04/24 | Price Changed | $500,000 | +5.3% | $202 / Sq Ft |
| 12/04/2024 12/04/24 | For Sale | $475,000 | 0.0% | $192 / Sq Ft |
| 09/18/2024 09/18/24 | Pending | -- | -- | -- |
| 08/08/2024 08/08/24 | For Sale | $475,000 | -- | $192 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $7,534 | $202,100 | $18,800 | $183,300 |
| 2022 | $4,778 | $127,900 | $18,800 | $109,100 |
| 2021 | $4,776 | $127,900 | $18,800 | $109,100 |
| 2020 | $4,860 | $127,900 | $18,800 | $109,100 |
| 2019 | $4,810 | $127,900 | $18,800 | $109,100 |
| 2018 | $4,723 | $127,900 | $18,800 | $109,100 |
| 2017 | $4,553 | $127,900 | $18,800 | $109,100 |
| 2016 | $4,400 | $127,900 | $18,800 | $109,100 |
| 2015 | $4,232 | $127,900 | $18,800 | $109,100 |
| 2014 | $3,966 | $127,900 | $18,800 | $109,100 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Ellithy
N
Seller's Agent in 2025
Nancy Ellithy
Keller Williams Realty Central Monmouth
(908) 208-6264
2 in this area
6 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22422158
APN: 14-03733-0000-00016
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