NOT LISTED FOR SALE

23 Nichols St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $656,000 - $752,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold April 14, 2021

Last sale price $500,000

Est. 38% increase in value since last sale

Current estimated payment $4,803/month

29 Days on Market

About This Home

As of April 2021

This home is located at 23 Nichols St, Newark, NJ 07105 since 31 December 2020 and is currently estimated at $688,367. This property was built in 1920. 23 Nichols 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

RACHELE JEANLOUIS

HOMEQUEST REALTY GROUP LLC Brokerage Phone: 973-337-5170 Listed on: 12/31/2020

Co-Listed By

SASHA GONZALEZ

HOMEQUEST REALTY GROUP LLC Brokerage Phone: 973-337-5170

Last Buyer's Agent

SASHA GONZALEZ

HOMEQUEST REALTY GROUP LLC Brokerage Phone: 973-337-5170

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,705

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,705

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Essex
  • Street Number Display: 23
  • I D: 5039549
  • Modified: 2022-04-15
  • Number Images: 1
  • Attribution Contact: 973-337-5170
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 27X90
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2020
Closed on
Mar 9, 2021
Sold by
Gonzalez Ramiro and Gonzalez Maria Lourdes
Bought by
Drahos Edward and Santiago Rafael Chavez
Seller's Agent
RACHELE JEANLOUIS
HOMEQUEST REALTY GROUP LLC
Buyer's Agent
SASHA GONZALEZ
HOMEQUEST REALTY GROUP LLC
List Price
$509,000
Sold Price
$500,000
Premium/Discount to List
-$9,000
-1.77%
Current Estimated Value
$688,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,367
Avg. Annual Appreciation
8.39%
Original Mortgage
$490,943
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2006
Sold by
Difederico Angelo
Bought by
Gonzalez Ramiro and Gonzalez Maria Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2005
Sold by
Vecchiarelli Chris
Bought by
Difderico Angelo and Abin Louis
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
Drahos Edward $500,000 First American Title Ins Co
Gonzalez Ramiro $435,000 --
Difderico Angelo $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drahos Edward $490,943
Previous Owner Gonzalez Ramiro $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $500,000 -1.8% --
01/29/2021 01/29/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $509,000 -- --
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 $12,705 $340,800 $73,000 $267,800
2024 $12,705 $340,800 $73,000 $267,800
2022 $12,732 $340,800 $73,000 $267,800
2021 $7,457 $199,700 $73,000 $126,700
2020 $7,589 $199,700 $73,000 $126,700
2019 $7,511 $199,700 $73,000 $126,700
2018 $7,375 $199,700 $73,000 $126,700
2017 $7,109 $199,700 $73,000 $126,700
2016 $6,870 $199,700 $73,000 $126,700
2015 $6,608 $199,700 $73,000 $126,700
2014 $6,193 $199,700 $73,000 $126,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    RACHELE JEANLOUIS

    HOMEQUEST REALTY GROUP LLC

  • S

    Seller Co-Listing Agent in 2021

    SASHA GONZALEZ

    HOMEQUEST REALTY GROUP LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3684890

Garden State MLS

APN: 14-00944-0000-00050

New Jersey Essex County Newark 07105 South Ironbound

23 Nichols St, Newark, NJ

This home is located at 23 Nichols St, Newark, NJ 07105 since 31 December 2020 and is currently estimated at $688,367. This property was built in 1920. 23 Nichols 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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