Seller's Agent in 2024
Jorge Velasquez
RE/MAX
(973) 418-0425
10 in this area
212 Total Sales
246 S 8th St Newark, NJ 07103
Fairmount NeighborhoodEstimated Value: $571,000 - $697,000
7
Beds
5
Baths
--
Sq Ft
2,479
Sq Ft Lot Lot
About This Home
As of May 2024Come see this fabulous three family partially occupied investment property with great income potential. Unit 1 VACANT and features living room, kitchen, three bedrooms and two baths. Unit 2 occupied and featuring - living room, kitchen, three bedrooms and two baths. Unit 3 occupied and features living room, kitchen, One bedroom and one bath. Unfinished basement is great for storage. Close to Parks, restaurants, shopping, public transportation, major highways and NYC. To preview this property, please call Ascensao Gutierrez at 973-207-0956
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,194
Lot Details
- 2,479 Sq Ft Lot
Home Design
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 00066 / 01780
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 8, 2024
Sold by
Brr Capital Group 2 Llc
Bought by
246 S 8 Llc
Current Estimated Value
Purchase Details
Closed on
Oct 25, 2022
Sold by
Cv Loc 21 Llc
Bought by
Brr Capital Group 2 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,999,237
Interest Rate
6.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 2021
Sold by
Cyt Holdings Llc
Bought by
Cv Loc 21 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 6, 2018
Sold by
Nj First Data Filing Llc
Bought by
Cyt Holdings Llc
Purchase Details
Listed on
Nov 17, 2016
Closed on
May 9, 2017
Sold by
First Data Filing Llc
Bought by
Nj First Data Filing Llc
Seller's Agent
Brenda Hudson
WORLDWIDE REALTY LLC
List Price
$119,995
Sold Price
$105,000
Premium/Discount to List
-$14,995
-12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.00%
Purchase Details
Listed on
Nov 17, 2016
Closed on
Apr 28, 2017
Sold by
King Freddie
Bought by
First Data Filing Llc
Seller's Agent
Brenda Hudson
WORLDWIDE REALTY LLC
List Price
$119,995
Sold Price
$105,000
Premium/Discount to List
-$14,995
-12.5%
Purchase Details
Closed on
Feb 15, 2002
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 246 S 8 Llc | $525,000 | None Listed On Document | |
| Brr Capital Group 2 Llc | -- | Old Republic National Title | |
| Cv Loc 21 Llc | $305,000 | New Title Company Name | |
| Cyt Holdings Llc | -- | -- | |
| Nj First Data Filing Llc | -- | Meister Abstract Corp | |
| First Data Filing Llc | $105,000 | Meister Abstract Corp | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Brr Capital Group 2 Llc | $2,999,237 | |
| Previous Owner | Cv Loc 21 Llc | $15,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/08/2024 05/08/24 | Sold | $525,000 | -2.8% | -- | |
| 03/18/2024 03/18/24 | Pending | -- | -- | -- | |
| 12/11/2023 12/11/23 | For Sale | $540,000 | +414.3% | -- | |
| 05/08/2017 05/08/17 | Sold | $105,000 | -12.5% | -- | View Prior Sale |
| 12/27/2016 12/27/16 | Pending | -- | -- | -- | |
| 11/17/2016 11/17/16 | For Sale | $119,995 | -- | -- |
Source: New Jersey MLS
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 | $6,305 | $165,800 | $25,700 | $140,100 |
| 2024 | $6,181 | $165,800 | $25,700 | $140,100 |
| 2022 | $6,194 | $165,800 | $25,700 | $140,100 |
| 2021 | $6,191 | $165,800 | $25,700 | $140,100 |
| 2020 | $6,300 | $165,800 | $25,700 | $140,100 |
| 2019 | $6,236 | $165,800 | $25,700 | $140,100 |
| 2018 | $6,123 | $165,800 | $25,700 | $140,100 |
| 2017 | $5,902 | $165,800 | $25,700 | $140,100 |
| 2016 | $5,704 | $165,800 | $25,700 | $140,100 |
| 2015 | $5,486 | $165,800 | $25,700 | $140,100 |
| 2014 | $5,141 | $165,800 | $25,700 | $140,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jorge Velasquez
-
Ascensao Gutierrez
Buyer's Agent in 2024
Ascensao Gutierrez
RE/MAX
(973) 207-0956
2 in this area
23 Total Sales
-
Brenda Hudson
B
Seller's Agent in 2017
Brenda Hudson
WORLDWIDE REALTY LLC
(973) 634-4208
1 in this area
15 Total Sales
Map
Source: New Jersey MLS
MLS Number: 23037226
APN: 14-01780-0000-00066
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
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