$577,500
SOLD MAY 29, 2025

241 Peshine Ave Newark, NJ 07108

Clinton Hill Neighborhood
-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Recently Sold

7% Above List Price

22 Days on Market

About This Home

As of May 2025

This home is located at 241 Peshine Ave, Newark, NJ 07108 and is currently priced at $577,500. This property was built in 1907. 241 Peshine Ave is a home located in Essex County with nearby schools including Belmont Runyon School, Peshine Avenue Elementary School, and Louise A. Spencer School.

Last Agent to Sell the Property

Tayllor Cooper

COOPER MCKELVEY REAL ESTATE CO. Brokerage Phone: 9734247066 Listed on: 04/07/2025

Last Buyer's Agent

Jill Biggs

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,298

Year Built

  • Built in 1907

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,298

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Year Built: 1907
  • County Name: Essex
  • Street Number Display: 241
  • I D: 5349326
  • Modified: 2025-06-08
  • Number Images: 0
  • Attribution Contact: 9734247066
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X105
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2025
Closed on
May 27, 2025
Sold by
Cmrb Properties Iv Llc and Harness Homes Group Llc
Bought by
Gonzales Daniel and Gonzales Robert
Seller's Agent
Tayllor Cooper
COOPER MCKELVEY REAL ESTATE CO.
Buyer's Agent
Jill Biggs
COLDWELL BANKER REALTY
List Price
$539,999
Sold Price
$577,500
Premium/Discount to List
$37,501
6.94%
Views
1858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.32%
Original Mortgage
$536,750
Outstanding Balance
$536,293
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$36,832

Purchase Details

Closed on
Oct 27, 2020
Sold by
Harness Homes Borrower Iv Llc
Bought by
Cmrb Properties Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,773,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2016
Sold by
Bey Regina B and Folk Lornetta
Bought by
Harness Homes Group Llc

Purchase Details

Closed on
Dec 12, 2014
Sold by
Bey Regina
Bought by
Bey Regina and Folk Loretta
Source: Public Records

Range of Values:

Collateral Analytics

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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 Type Sale Price Title Company
Deed $577,500 Acres Land Title
Special Warranty Deed -- None Listed On Document
Deed $45,000 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $536,750 New Conventional
Previous Owner $3,773,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Rent $2,730 -2.5% --
06/19/2025 06/19/25 For Rent $2,800 0.0% --
05/29/2025 05/29/25 Sold $577,500 +6.9% --
04/29/2025 04/29/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $539,999 -- --
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
2024 $4,298 $115,300 $21,700 $93,600
2022 $4,308 $115,300 $21,700 $93,600
2021 $4,305 $115,300 $21,700 $93,600
2020 $4,381 $115,300 $21,700 $93,600
2019 $4,336 $115,300 $21,700 $93,600
2018 $4,258 $115,300 $21,700 $93,600
2017 $4,105 $115,300 $21,700 $93,600
2016 $3,966 $115,300 $21,700 $93,600
2015 $3,565 $115,300 $21,700 $93,600
2014 $3,325 $115,300 $21,700 $93,600
Source: Public Records

Agents Affiliated with this Home

  • Jill Biggs

    Seller's Agent in 2025

    Jill Biggs

    Coldwell Banker, Hoboken

    (973) 495-6038

    2 in this area

    1,695 Total Sales

    Jill Biggs
    Section Image
  • Tayllor Cooper

    Seller's Agent in 2025

    Tayllor Cooper

    COOPER MCKELVEY REAL ESTATE CO.

    (973) 424-7066

    3 in this area

    15 Total Sales

    Tayllor Cooper
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3955461

Garden State MLS

APN: 14-02689-0000-00027

New Jersey Essex County Newark 07108 Clinton Hill

241 Peshine Ave, Newark, NJ

This home is located at 241 Peshine Ave, Newark, NJ 07108 and is currently priced at $577,500. This property was built in 1907. 241 Peshine Ave is a home located in Essex County with nearby schools including Belmont Runyon School, Peshine Avenue Elementary School, and Louise A. Spencer School.

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