NOT LISTED FOR SALE

246 Highland Ave Unit 248 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $509,000 - $797,000

6 Beds
2.5 Baths
2,508 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 03, 2020

Last sale price $375,000 $150 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,384/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Den
  • 1 Car Detached Garage
  • Deck
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of March 2020

Welcome to this well maintained colonial home in the desirable Forest Hill section of Newark. This home contains over 2500 sqft of living space including 6 bedrooms 2 and half baths over 3 levels. The first level contains an office area, dining room , living room, kitchen, 1/2 bath. The 2nd level has 4 bedrooms and a full bath. The 3rd level has 2 bedrooms with an additional full bathroom. The backyard is spacious and great for entertaining. One block away from the Branch Brook Park and NYC Transportation, this home is a must see!

Last Agent to Sell the Property

Carlos Salazar

COLDWELL BANKER REALTY FLE Listed on: 11/22/2019

COLDWELL BANKER REALTY FLE

Last Buyer's Agent

Josie Villagomez

PRO REALTY LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,965

Year Built

  • Built in 1934 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Privacy Fence
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,508 Sq Ft Home
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Storage Room
  • Utility Room
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor

Outdoor Features

  • Deck

Utilities

  • Radiator
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 1614-00583-0000-00018-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,965

Year Built

Built in 1934 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1934
  • Year Built Description: Renovated
  • County Name: Essex
  • Renovated Year: 2014
  • Street Number Display: 246-248
  • Directions: 2nd ave to Highland
  • I D: 4946838
  • Modified: 2021-09-23
  • Number Images: 19
  • Section Subdiv Development: Forest Hill
  • First Name: CARLOS
  • First Name3: JOSEFINA
  • Last Name: SALAZAR JR
  • Last Name3: VILLAGOMEZ
  • Office Phone: 201-461-5000
  • Office Phone3: 9738269733
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Appliances: Carbon Monoxide Detector, Refrigerator, CookGas, Dishwasher
  • Number Rooms: 10
  • Bedrooms: 6
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Utility Room, Den, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: 2 Bedrooms, Bath Main
  • Estimated Sq Ft: 2508
  • Ground Level Rooms: Living Room, Dining Room, Bath(s) Other, Family Room
  • Phone: 201-461-5000

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Privacy Fence, Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width

Utilities

  • Fuel Type: Gas-Natural
  • Heating: Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 148200
  • Assessed Land Value: 67500
  • Assessment: 215700
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 18
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7965
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00583-0000-00018-0000-
  • Tax Rate Amount: 3.693
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Feb 25, 2020
Sold by
Arboleda Jairo
Bought by
Serrano Javier and Serrano Marilyn Guante
Seller's Agent
Carlos Salazar
COLDWELL BANKER REALTY FLE
Buyer's Agent
Josie Villagomez
PRO REALTY LLC.
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Current Estimated Value
$635,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,868
Avg. Annual Appreciation
11.02%
Original Mortgage
$335,000
Outstanding Balance
$296,769
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$367,615

Purchase Details

Closed on
Sep 27, 2001
Sold by
Sara Vega +
Bought by
Arboleda Jairo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
6.89%

Purchase Details

Closed on
May 30, 2000
Sold by
Anderson John A
Bought by
Vega Sara and Vega Sarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.55%

Purchase Details

Closed on
Sep 29, 1997
Sold by
Caprio Mildred
Bought by
Anderson John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Serrano Javier $375,000 Fidelity National Ttl Ins Co
Arboleda Jairo $208,000 --
Vega Sara $1,600,000 --
Anderson John A $111,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrano Javier $335,000
Previous Owner Arboleda Jairo $50,000
Previous Owner Arboleda Jairo $193,000
Previous Owner Vega Sara $100,000
Previous Owner Anderson John A $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2020 03/03/20 Sold $375,000 -6.0% $150 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $399,000 -- $159 / 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
2025 $11,024 $295,700 $67,500 $228,200
2024 $11,024 $295,700 $67,500 $228,200
2022 $11,047 $295,700 $67,500 $228,200
2021 $11,041 $295,700 $67,500 $228,200
2020 $8,197 $215,700 $67,500 $148,200
2019 $8,112 $215,700 $67,500 $148,200
2018 $7,966 $215,700 $67,500 $148,200
2017 $7,679 $215,700 $67,500 $148,200
2016 $7,420 $215,700 $67,500 $148,200
2015 $7,138 $215,700 $67,500 $148,200
2014 $6,689 $215,700 $67,500 $148,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3602493

Garden State MLS

APN: 14-00583-0000-00018