$342,500
SOLD JUN 6, 2024
5 Beds
3 Baths
-- Sq Ft
2,483 Sq Ft Lot

Recently Sold

2% Below List Price

41 Days on Market

About This Home

As of June 2024

Investor Special in the Heart of Newark - Excellent Potential for Multi-Family ConversionWelcome to an incredible investment opportunity in the vibrant heart of Newark! This spacious 5-bedroom, 1 full bath, and two half-bath home spans 2,200 square feet, boasting great bones and high ceilings, offering a perfect canvas for your vision.Key Features:5 Bedrooms, 1 Full Bath, 2 Half Baths2,200 Square FeetGreat Bones and High CeilingsPotential for Multi-Family ConversionPrime Location: Situated strategically, this property is close to parks, schools, shopping centers, and convenient transportation options. Whether you're looking to tap into the rental market or transform this space into a multi-family dwelling, the possibilities are endless.Investor-Friendly Details:After Repair Value (ARV): $475,000Ideal for Investors Seeking High ROI or First Time Home Buyers Looking for Low Entry and Light to Medium Rehab.

Last Agent to Sell the Property

Michael Dente

EXP Realty, LLC Brokerage Phone: (866) 201-6210 Listed on: 03/05/2024

EXP Realty, LLC

Last Buyer's Agent

William Liederman

Coldwell Banker, Upper Montclair

Coldwell Banker, Upper Montclair

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,417

Home Design

  • Built before the 1900s
  • Bi-Level Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Rectangular Lot
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,417

Lot Details

0

Listing Details

  • Sub-Style: Bi-Level
  • Additional Sub Style: None
  • Lifestyle: None
  • Miscellaneous: None
  • Views/Exposure: None
  • Year Built: Pre 1900
  • Total Area: R
  • Ownership: Private
  • State Id: NJ
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 10
  • Fireplace: None
  • Bedrooms: 5
  • Full Bathrooms: 1
  • Partial Bathroom: 2
  • Basement: Unfinished

Exterior Features

  • Exterior: Other
  • Waterfront: None
  • Pool: None

Garage/Parking

  • Garage: O/See Remk

Utilities

  • Heating: Gas, Hot Water, Radiators
  • Cooling: None

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot Description: Regular

Tax Info

  • Tax: 5417

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Jun 5, 2024
Sold by
Wright Keyairra Starr
Bought by
Hatzlucha 1 Llc
Seller's Agent
Michael Dente
EXP Realty, LLC
Buyer's Agent
William Liederman
Coldwell Banker, Upper Montclair
List Price
$350,000
Sold Price
$342,500
Premium/Discount to List
-$7,500
-2.14%
Views
9883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%

Purchase Details

Closed on
Nov 18, 2022
Sold by
Wright Laverne
Bought by
Wright Keyairra Starr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
7.08%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 31, 1997
Sold by
Pnc Mtg
Bought by
Citywide Realty
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $342,500 Westcor Land Title
Deed $315,000 Foundation Title
Deed $1,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $299,250 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $589,000 +72.0% --
06/06/2024 06/06/24 Sold $342,500 -2.1% --
04/15/2024 04/15/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $350,000 -- --
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 $5,156 $145,000 $26,300 $118,700
2023 $5,167 $145,000 $26,300 $118,700
2022 $5,167 $145,000 $26,300 $118,700
2021 $5,164 $145,000 $26,300 $118,700
2020 $5,260 $145,000 $26,300 $118,700
2019 $5,203 $145,000 $26,300 $118,700
2018 $5,105 $145,000 $26,300 $118,700
2017 $4,912 $145,000 $26,300 $118,700
2016 $4,738 $145,000 $26,300 $118,700
2015 $4,548 $145,000 $26,300 $118,700
2014 $4,246 $145,000 $26,300 $118,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24006474

New Jersey MLS

APN: 14-01780-0000-00020