NOT LISTED FOR SALE

243 Adams St Unit 2 Newark, NJ 07105

Ironbound Neighborhood

Estimated Value: $552,000 - $635,932

-- Bed
5 Baths
1,792 Sq Ft
$337/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $580,000 $324 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,749/month

98 Days on Market

About This Home

As of July 2024

This home is located at 243 Adams St Unit 2, Newark, NJ 07105 since 08 February 2024 and is currently estimated at $603,483, approximately $336 per square foot. 243 Adams St Unit 2 is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

Last Agent to Sell the Property

MANUEL LOURENC VARAJAO

EXIT GOLDEN REALTY GROUP LLC Brokerage Phone: 201-997-4425 Listed on: 02/08/2024

Last Buyer's Agent

Fernando Amigon

SKY REALTY ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,645

Lot Details

  • 1,307 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,645

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 243
  • I D: 5268596
  • Modified: 2024-07-06
  • Number Images: 1
  • Attribution Contact: 201-997-4425
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 22.2X53.7
  • Total Acres: 0.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Jul 1, 2024
Sold by
Passafaro Maria J Almeida and Passafaro Maria Jose
Bought by
Florez Javier
Seller's Agent
MANUEL LOURENC VARAJAO
EXIT GOLDEN REALTY GROUP LLC
Buyer's Agent
Fernando Amigon
SKY REALTY ASSOCIATES
List Price
$629,000
Sold Price
$580,000
Premium/Discount to List
-$49,000
-7.79%
Views
37
Current Estimated Value
$603,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,483
Avg. Annual Appreciation
2.10%
Original Mortgage
$435,000
Outstanding Balance
$431,734
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$159,939

Purchase Details

Closed on
Nov 26, 2018
Sold by
New Generation Dev Llc
Bought by
Passafaro Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 2014
Sold by
New Generation Development Llc
Bought by
New Generation Development Llc

Purchase Details

Closed on
Jul 8, 2014
Sold by
Parlavecchio Joseph
Bought by
New Generation Devel
Source: Public Records

Range of Values:

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
Florez Javier $580,000 Ats Title
Passafaro Maria J $205,000 --
New Generation Development Llc -- --
New Generation Development Llc -- --
New Generation Devel $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Florez Javier $435,000
Previous Owner Passafaro Maria J $200,000
Previous Owner Passafaro Maria J $201,286
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $580,000 -3.2% $324 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
04/15/2024 04/15/24 Price Changed $599,000 -4.8% $334 / Sq Ft
02/08/2024 02/08/24 For Sale $629,000 -- $351 / Sq Ft
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 $4,645 $124,600 $44,600 $80,000
2023 $4,655 $124,600 $44,600 $80,000
2022 $4,655 $124,600 $44,600 $80,000
2021 $4,653 $124,600 $44,600 $80,000
2020 $4,735 $124,600 $44,600 $80,000
2019 $4,686 $124,600 $44,600 $80,000
2018 $4,601 $124,600 $44,600 $80,000
2017 $4,436 $124,600 $44,600 $80,000
2016 $4,286 $124,600 $44,600 $80,000
2015 $4,123 $124,600 $44,600 $80,000
2014 $3,864 $124,600 $44,600 $80,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    MANUEL LOURENC VARAJAO

    EXIT GOLDEN REALTY GROUP LLC

  • F

    Buyer's Agent in 2024

    Fernando Amigon

    SKY REALTY ASSOCIATES

    (973) 699-5301

    3 in this area

    11 Total Sales

    Fernando Amigon
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3885297

Garden State MLS

APN: 14-00958-0000-00035

New Jersey Essex County Newark 07105 Ironbound

243 Adams St Unit 2, Newark, NJ

This home is located at 243 Adams St Unit 2, Newark, NJ 07105 since 08 February 2024 and is currently estimated at $603,483, approximately $336 per square foot. 243 Adams St Unit 2 is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

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