NOT LISTED FOR SALE

238 Smith St Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $557,000 - $713,000

Studio
-- Bath
-- Sq Ft
33 Sq Ft Lot

Last Sold February 20, 2020

Last sale price $251,000

Est. 155% increase in value since last sale

Current estimated payment $3,860/month

19 Days on Market

About This Home

As of February 2020

This home is located at 238 Smith St, Newark, NJ 07106 since 13 November 2019 and is currently estimated at $640,638. This property was built in 1920. 238 Smith St is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

RALPH BARONE

NJ REO ASSET MANAGEMENT & REALTY Brokerage Phone: 973-429-0990 Listed on: 11/13/2019

Last Buyer's Agent

HEADLEY PINNOCK

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 33 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Essex
  • I D: 4945110
  • Attribution Contact: 973-429-0990
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33.4X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
Feb 13, 2020
Sold by
Manufacturers And Traders Trust Company
Bought by
Frankel Isaac
Seller's Agent
RALPH BARONE
NJ REO ASSET MANAGEMENT & REALTY
Buyer's Agent
HEADLEY PINNOCK
WEICHERT REALTORS
List Price
$189,900
Sold Price
$251,000
Premium/Discount to List
$61,100
32.17%
Current Estimated Value
$640,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,638
Avg. Annual Appreciation
17.28%
Original Mortgage
$256,000
Outstanding Balance
$225,747
Interest Rate
3.5%
Mortgage Type
Construction
Estimated Equity
$414,891

Purchase Details

Closed on
Mar 12, 2019
Sold by
Manufacturers & Tradrs T Co
Bought by
Manufacturers & Tradrs T Co

Purchase Details

Closed on
Mar 10, 2005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 14, 2000
Sold by
Harvard Adrienne
Bought by
Johnson Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,750
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 1994
Sold by
Princeton Bank
Bought by
Harvard Adrienne and Davis Jacquelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
8.61%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Frankel Isaac $251,000 None Available
Manufacturers & Tradrs T Co -- --
-- -- --
Johnson Emily $150,000 --
Harvard Adrienne $131,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frankel Isaac $256,000
Previous Owner -- $283,500
Previous Owner Johnson Emily $148,750
Previous Owner Harvard Adrienne $131,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2020 02/20/20 Sold $251,000 +32.2% --
12/02/2019 12/02/19 Pending -- -- --
11/13/2019 11/13/19 For Sale $189,900 -- --
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 $6,168 $162,200 $17,300 $144,900
2024 $6,047 $162,200 $17,300 $144,900
2022 $6,060 $162,200 $17,300 $144,900
2021 $6,057 $162,200 $17,300 $144,900
2020 $6,164 $162,200 $17,300 $144,900
2019 $6,100 $162,200 $17,300 $144,900
2018 $5,990 $162,200 $17,300 $144,900
2017 $5,774 $162,200 $17,300 $144,900
2016 $5,580 $162,200 $17,300 $144,900
2015 $5,367 $162,200 $17,300 $144,900
2014 $5,030 $162,200 $17,300 $144,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    RALPH BARONE

    NJ REO ASSET MANAGEMENT & REALTY

  • H

    Buyer's Agent in 2020

    HEADLEY PINNOCK

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3601092

Garden State MLS

APN: 14-04112-0000-00007

New Jersey Essex County Newark 07106 Lower Vailsburg

238 Smith St, Newark, NJ

Not Listed for Sale

MultiFamily

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