NOT LISTED FOR SALE

241 Osborne Terrace Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $522,000 - $609,777

-- Bed
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold December 18, 2017

Last sale price $190,000

Est. 203% increase in value since last sale

Current estimated payment $3,475/month

161 Days on Market

About This Home

As of December 2017

This home is located at 241 Osborne Terrace, Newark, NJ 07112 since 30 May 2017 and is currently estimated at $575,694. This property was built in 1911. 241 Osborne Terrace is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Peshine Avenue Elementary School, and Belmont Runyon School.

Last Agent to Sell the Property

MIRTA L. DEL CID

DEL CID REALTY LLC Brokerage Phone: 908-282-1032 Listed on: 05/30/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,219

Year Built

  • Built in 1911

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,219

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Year Built: 1911
  • County Name: Essex
  • I D: 4710269
  • Attribution Contact: 908-282-1032
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 35X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2024
Sold by
Soto Jonathan and Ashley Marie
Bought by
Kabir Bolatito
Current Estimated Value
$575,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,530
Outstanding Balance
$558,090
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$17,604

Purchase Details

Listed on
May 30, 2017
Closed on
Dec 18, 2017
Sold by
Ford Joseph and Ford Marina H
Bought by
Soto Jonathan
Seller's Agent
MIRTA L. DEL CID
DEL CID REALTY LLC
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.98%
Original Mortgage
$186,558
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2003
Sold by
Boulware Anthony
Bought by
Ford Joseph and Ford Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,925
Interest Rate
6.01%

Purchase Details

Closed on
Jul 23, 2002
Sold by
Byrd Themaine
Bought by
Boulware Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.25%
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
Kabir Bolatito $578,000 Golden Title
Soto Jonathan $190,000 --
Ford Joseph $199,900 --
Boulware Anthony $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kabir Bolatito $567,530
Previous Owner Soto Jonathan $186,558
Previous Owner Ford Joseph $149,925
Previous Owner Boulware Anthony $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2017 12/18/17 Sold $190,000 -9.5% --
11/07/2017 11/07/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $210,000 -- --
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 $5,219 $228,300 $28,800 $199,500
2024 $5,219 $140,000 $28,800 $111,200
2023 $5,230 $140,000 $28,800 $111,200
2022 $5,230 $140,000 $28,800 $111,200
2021 $5,228 $140,000 $28,800 $111,200
2020 $5,320 $140,000 $28,800 $111,200
2019 $5,265 $140,000 $28,800 $111,200
2018 $5,170 $140,000 $28,800 $111,200
2017 $4,984 $140,000 $28,800 $111,200
2016 $4,816 $140,000 $28,800 $111,200
2015 $4,930 $149,000 $28,800 $120,200
2014 $4,620 $149,000 $28,800 $120,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    MIRTA L. DEL CID

    DEL CID REALTY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3391938

Garden State MLS

APN: 14-03606-0000-00007

New Jersey Essex County Newark 07112 Weequahic

241 Osborne Terrace, Newark, NJ

Not Listed for Sale

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