NOT LISTED FOR SALE

233 Newark Ave Bloomfield, NJ 07003

Silver Lake Neighborhood

Estimated Value: $718,464

7 Beds
3 Baths
2,994 Sq Ft
$240/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $675,000 $225 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,221/month

26 Days on Market

About This Home

As of February 2024

Welcome to this spacious and beautifully maintained 3-family house situated in the charming neighborhood of Bloomfield. This property presents an excellent opportunity for investors or those seeking a multi-family living arrangement. With its desirable features, convenient location, and versatile layout, this property is sure to impress. 1st Floor:Layout: 3 bedrooms, 1 bathroom Comfortable and inviting living spaces. 2nd Floor: Layout: 3 bedrooms, 1 bathroom One of the bedrooms includes a delightful front porch with a sunny ambiance Perfect spot for relaxation or entertainment. 3rd Floor: Layout: 1 large bedroom apartment Recently renovated kitchen area. Basement: with high ceilings Excellent potential for additional living space,Full bathroom hookup available for personalized customization. Large Driveway and 2 garage. Flood Insurance required

Last Listed By

Bishoy Megalla

Keller Williams Team Realty Listed on: 10/11/2023

Keller Williams Team Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,114

Year Built

  • 1916

Lot Details

  • 5,040

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 5,040 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00017 / 00305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,114

Year Built

1916

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (973) 253-2800
  • MLS Status: Sold - Sold
  • Directions: googlemaps
  • Architectural Style: 3 Family
  • Year Built Details: 1940's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1916

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Remarks: Full Bath hookup avil

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 5040.0

Tax Info

  • Tax Annual Amount: 14114.0
  • Tax Block: 00305
  • Tax Lot: 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Andriull Craig and Karvellas Michael
Bought by
Nakhla Jan Fakhry Saad and Awad Maro Halim
Total Days on Market
26
Current Estimated Value
$718,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2019
Closed on
Oct 2, 2020
Sold by
Garcia Celeste
Bought by
Andriulli Craig and Karvellas Michael
Seller's Agent
BISHOY MEGALLA
KELLER WILLIAMS TEAM REALTY
Buyer's Agent
BISHOY MEGALLA
KELLER WILLIAMS TEAM REALTY
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$356,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2009
Sold by
Garcia Jose and Garcia Celeste
Bought by
Garcia Celeste

Purchase Details

Closed on
Sep 30, 2005
Sold by
Cohen Donna
Bought by
Garcia Jose and Garcia Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.07%

Purchase Details

Closed on
Oct 21, 1993
Sold by
Ball Stacia
Bought by
Cohen Robert and Cohen Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.83%
Mortgage Type
FHA

Range of Values:

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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
Nakhla Jan Fakhry Saad $675,000 Mega Title
Andriulli Craig $475,000 Wfg National Title
Garcia Celeste -- First American Title Ins Co
Garcia Jose $440,000 --
Cohen Robert $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nakhla Jan Fakhry Saad $405,000
Previous Owner Andriulli Craig $356,250
Previous Owner Garcia Jose $472,000
Previous Owner Garcia Jose $352,000
Previous Owner Cohen Robert $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $675,000 +4.0% $225 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $649,000 +36.6% $217 / Sq Ft
10/05/2020 10/05/20 Sold $475,000 -4.8% $159 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
11/07/2019 11/07/19 For Sale $499,000 -- $167 / Sq Ft
Source: New Jersey 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
2024 $14,405 $440,800 $97,400 $343,400
2022 $14,114 $440,800 $97,400 $343,400
2021 $12,905 $410,600 $97,400 $313,200
2020 $12,708 $410,600 $97,400 $313,200
2019 $12,365 $310,600 $105,800 $204,800
2018 $12,312 $310,600 $105,800 $204,800
2017 $12,126 $310,600 $105,800 $204,800
2016 $11,989 $310,600 $105,800 $204,800
2015 $12,267 $320,700 $105,800 $214,900
2014 $12,042 $320,700 $105,800 $214,900
Source: Public Records

Agents Affiliated with this Home

  • Bishoy Megalla

    Seller's Agent in 2024

    Bishoy Megalla

    Keller Williams Team Realty

    (973) 234-2307

    3 in this area

    51 Total Sales

    Bishoy Megalla
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Map

Source: New Jersey MLS

MLS Number: 23031500

New Jersey MLS

APN: 02-00305-0000-00017

New Jersey Essex County Bloomfield 07003 Silver Lake

233 Newark Ave, Bloomfield, NJ

Homes for Sale in Bloomfield, NJ

This home is located at 233 Newark Ave, Bloomfield, NJ 07003 since 11 October 2023 and is currently priced at $718,464, approximately $239 per square foot. This property was built in 1916. 233 Newark Ave is a home located in Essex County with nearby schools including Berkeley School, Bloomfield Middle School, and Bloomfield High School.

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.

New Jersey MLS 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.

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