Elizabeth McGillan
Sackman Realty
(848) 277-0816
121 Total Sales
2 in Lower Vailsburg
$480,000 Price Range
231 Alexander St Newark, NJ 07106
Lower Vailsburg NeighborhoodEstimated Value: $721,345
8
Beds
4
Baths
--
Sq Ft
3,759
Sq Ft Lot
About This Home
As of February 2022Back on the Market! buyer could not perform! This is your opportunity for passive income acquiring this cash cow 4-family that features on-time paying tenants, low expenses and an overall sound building ready for you to reap the benefits. Some other added items are security cameras, Ring doorbell system for all units, and a trash lady / property manager. One of the 4 units will be delivered vacant so this property is prime for Owner-occupants and investors alike. All units have been renovated since 2019 and feature separate utilities to minize your expenses. Currently the three performing units produce $4,200 monthly with potential to gross upwards of $5,700 once fully rented. House also features only a 4-year old roof with warranty, security cameras and RING doorbells programmed for each unit. Off-street parking for up to 3 cars. Property being sold "As Is". We already obtain all city certifications and are looking for a quick closing deal. HIGHEST AND BEST DUE MONDAY @ 5 PM
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,980
Lot Details
- 3,759
Home Design
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Additional Features
- 3,759 Sq Ft Lot
- Natural Gas Connected
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 00017 / 04050
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2021
Closed on
Jan 26, 2022
Sold by
Alexander 231 Newark Llc
Bought by
Seller's Agent
Johnathan Wellington
EXP Realty, LLC
Buyer's Agent
Mordy Abelesz
EXP Realty, LLC
List Price
$599,900
Sold Price
$565,000
Premium/Discount to List
-$34,900
-5.82%
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
$156,345
Avg. Annual Appreciation
5.43%
Original Mortgage
$440,000
Outstanding Balance
$399,129
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$322,216
Purchase Details
Closed on
Apr 3, 2019
Sold by
Alexander 215 Neward Llc
Bought by
Alexander 231 Neward Llc
Purchase Details
Closed on
Jan 17, 2018
Sold by
Intl Family Of Business
Bought by
Alexander 215 Newark Llc
Purchase Details
Closed on
Jun 1, 2015
Sold by
Sheriff Armando Fontoura
Bought by
Lsf8 Master Particip
Purchase Details
Closed on
Apr 23, 2013
Sold by
Mckenzie Oscar
Bought by
Intl Family Of Busin
Purchase Details
Closed on
Apr 24, 2003
Sold by
Baptiste Pierre Jean
Bought by
Mckenzie Oscar
Purchase Details
Closed on
Mar 13, 2000
Sold by
Hud
Bought by
Baptiste Pierre and Baptiste Edith
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lower Vailsburg, NJ
-
Elizabeth McGillan
-
Cintia D'Urso
Cintia D'Urso
Vox Realty
(908) 460-7106
57 Total Sales
2 in Lower Vailsburg
$580K - $630K Price Range
-
Yolie Dantel
Yolie Dantel
KELLER WILLIAMS CITY LIFE REALTY
(866) 790-4864
54 Total Sales
3 in Lower Vailsburg
$470K - $685K Price Range
-
Hipolito Touron
Hipolito Touron
KELLER WILLIAMS VILLAGE SQUARE REALTY
(862) 292-9237
138 Total Sales
5 in Lower Vailsburg
$625K - $710K Price Range
-
Matthew De Fede
Matthew De Fede
REALTY EXECUTIVES ELITE HOMES
(862) 666-3930
187 Total Sales
2 in Lower Vailsburg
$360K - $475K Price Range
-
Tayllor Cooper
Tayllor Cooper
COOPER MCKELVEY REAL ESTATE CO.
(908) 320-8447
26 Total Sales
6 in Lower Vailsburg
$350K - $650K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $565,000 | New Title Company Name | ||
| Alexander 231 Neward Llc | -- | -- | |
| Alexander 215 Newark Llc | -- | -- | |
| Lsf8 Master Particip | $100 | -- | |
| Intl Family Of Busin | -- | -- | |
| Intl Family Of Busin | -- | -- | |
| Mckenzie Oscar | $199,900 | -- | |
| Baptiste Pierre | $120,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $440,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2022 02/04/22 | Sold | $565,000 | -5.8% | -- |
| 01/12/2022 01/12/22 | Pending | -- | -- | -- |
| 11/03/2021 11/03/21 | For Sale | $599,900 | -- | -- |
Source: New Jersey MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $15,400 | $385,100 | $21,500 | $363,600 |
| 2025 | $15,400 | $385,100 | $21,500 | $363,600 |
| 2024 | $14,357 | $385,100 | $21,500 | $363,600 |
| 2022 | $6,863 | $183,700 | $21,500 | $162,200 |
| 2021 | $6,859 | $183,700 | $21,500 | $162,200 |
| 2020 | $6,981 | $183,700 | $21,500 | $162,200 |
| 2019 | $6,909 | $183,700 | $21,500 | $162,200 |
| 2018 | $6,784 | $183,700 | $21,500 | $162,200 |
| 2017 | $6,540 | $183,700 | $21,500 | $162,200 |
| 2016 | $6,319 | $183,700 | $21,500 | $162,200 |
| 2015 | $6,079 | $183,700 | $21,500 | $162,200 |
| 2014 | $5,697 | $183,700 | $21,500 | $162,200 |
Source: Public Records
Agents Affiliated with this Home
-
Johnathan Wellington
Seller's Agent in 2022
Johnathan Wellington
EXP Realty, LLC
(862) 243-6054
2 in this area
15 Total Sales
-
Mordy Abelesz
MA
Buyer's Agent in 2022
Mordy Abelesz
EXP Realty, LLC
(347) 243-7060
4 in this area
90 Total Sales
Map
Source: New Jersey MLS
MLS Number: 21045230
APN: 14-04050-0000-00017
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
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