NOT LISTED FOR SALE

243 Shephard Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $653,000 - $704,000

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold March 22, 2019

Last sale price $370,000

Est. 86% increase in value since last sale

Current estimated payment $4,481/month

169 Days on Market

About This Home

As of March 2019

This home is located at 243 Shephard Ave, Newark, NJ 07112 since 20 August 2018 and is currently estimated at $687,888. This property was built in 2008. 243 Shephard Ave is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Peshine Avenue Elementary School, and Chancellor Avenue School.

Last Agent to Sell the Property

DJEINE PIETRONI

TERRA REALTORS Brokerage Phone: 908-325-5300 Listed on: 08/20/2018

Last Buyer's Agent

Tajudeen Ajadi

LARA REALTY CORP

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2008

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Year Built: 2008
  • County Name: Essex
  • I D: 4805537
  • Attribution Contact: 908-325-5300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X101.2
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Fenwa Damilola E and Fenwa Amos J
Bought by
Ajadi Aminat O
Current Estimated Value
$687,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2018
Closed on
Mar 21, 2019
Sold by
Dasilva Jodimir and Loureiro Sara
Bought by
Fenwa Damilola E and Fenwa Amos J
Seller's Agent
DJEINE PIETRONI
TERRA REALTORS
Buyer's Agent
Tajudeen Ajadi
LARA REALTY CORP
List Price
$389,000
Sold Price
$370,000
Premium/Discount to List
-$19,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%

Purchase Details

Closed on
Apr 15, 2008
Sold by
Handsome Developers Llc
Bought by
Da Silva Jodimir and Loureiro Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,910
Interest Rate
5.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2004
Sold by
Jones Marva
Bought by
Vieira Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.58%

Purchase Details

Closed on
Sep 19, 1989
Sold by
City Of Newark
Bought by
Jones Marva L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Ajadi Aminat O $700,000 Old Republic National Title
Fenwa Damilola E $370,000 --
Da Silva Jodimir $415,000 Ats Title Agency Inc
Vieira Ricardo $70,000 --
Jones Marva L $7,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ajadi Aminat O $490,000
Previous Owner Da Silva Jodimir $399,910
Previous Owner Vieira Ricardo $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2019 03/22/19 Sold $370,000 0.0% --
02/05/2019 02/05/19 Pending -- -- --
01/03/2019 01/03/19 Price Changed $370,000 -4.9% --
12/11/2018 12/11/18 For Sale $389,000 0.0% --
09/28/2018 09/28/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $389,000 -- --
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 $10,476 $281,000 $27,500 $253,500
2024 $10,476 $281,000 $27,500 $253,500
2022 $10,498 $281,000 $27,500 $253,500
2021 $10,493 $281,000 $27,500 $253,500
2020 $10,678 $281,000 $27,500 $253,500
2019 $9,579 $254,700 $27,500 $227,200
2018 $9,406 $254,700 $27,500 $227,200
2017 $9,067 $254,700 $27,500 $227,200
2016 $8,762 $254,700 $27,500 $227,200
2015 $8,428 $254,700 $27,500 $227,200
2014 $7,898 $254,700 $27,500 $227,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    DJEINE PIETRONI

    TERRA REALTORS

  • Tajudeen Ajadi

    Buyer's Agent in 2019

    Tajudeen Ajadi

    LARA REALTY CORP

    (973) 220-5963

    4 in this area

    30 Total Sales

    Tajudeen Ajadi
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Map

Source: Garden State MLS

MLS Number: 3496045

Garden State MLS

APN: 14-03625-0000-00026

New Jersey Essex County Newark 07112 Weequahic

243 Shephard Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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