NOT LISTED FOR SALE

247 Lafayette St Unit 249 Newark, NJ 07105

Estimated Value: $836,424 - $1,055,000

-- Bed
-- Bath
-- Sq Ft
48 Sq Ft Lot

Last Sold November 17, 2022

Last sale price $740,000

Est. 21% increase in value since last sale

Current estimated payment $5,540/month

36 Days on Market

About This Home

As of November 2022

This home is located at 247 Lafayette St Unit 249, Newark, NJ 07105 since 03 October 2022 and is currently estimated at $895,606. This property was built in 1907. 247 Lafayette St Unit 249 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

LEONEL BEXIGA

TOP CHOICE REALTY NETWORK Brokerage Phone: 908-353-8277 Listed on: 10/03/2022

Last Buyer's Agent

ANTONIO COSTA

EXIT REALTY LUCKY ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,439

Year Built

  • 1907

Lot Details

  • 48 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,439

Year Built

1907

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 247
  • I D: 5182722
  • Modified: 2023-11-18
  • Number Images: 1
  • Attribution Contact: 908-353-8277
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1907

Lot Info

  • Lot Size: 48.2X68.4
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Nov 17, 2022
Sold by
Bexiga Jose Luis
Bought by
247 Lafayette Realty Llc
Seller's Agent
LEONEL BEXIGA
TOP CHOICE REALTY NETWORK
Buyer's Agent
ANTONIO COSTA
EXIT REALTY LUCKY ASSOCIATES
List Price
$799,000
Sold Price
$740,000
Premium/Discount to List
-$59,000
-7.38%
Total Days on Market
36
Current Estimated Value
$895,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,606
Avg. Annual Appreciation
5.69%
Original Mortgage
$350,000
Outstanding Balance
$341,204
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$509,937

Purchase Details

Closed on
Nov 10, 2003

Purchase Details

Closed on
Apr 27, 1989
Sold by
Parrillo Carmen and Parrillo Michelle
Bought by
Bexiga Joseph Lui and Bexiga Deolinda
Source: Public Records

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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
247 Lafayette Realty Llc $740,000 Westcor Land Title
-- -- --
Bexiga Joseph Lui $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 247 Lafayette Realty Llc $350,000
Previous Owner Bekiga Jose Luis $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $740,000 -7.4% --
10/10/2022 10/10/22 For Sale $799,000 -- --
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
2024 $9,439 $253,200 $68,200 $185,000
2022 $9,460 $253,200 $68,200 $185,000
2021 $9,454 $253,200 $68,200 $185,000
2020 $9,622 $253,200 $68,200 $185,000
2019 $9,523 $253,200 $68,200 $185,000
2018 $9,351 $253,200 $68,200 $185,000
2017 $9,014 $253,200 $68,200 $185,000
2016 $8,710 $253,200 $68,200 $185,000
2015 $8,378 $253,200 $68,200 $185,000
2014 $7,852 $253,200 $68,200 $185,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    LEONEL BEXIGA

    TOP CHOICE REALTY NETWORK

  • A

    Buyer's Agent in 2022

    ANTONIO COSTA

    EXIT REALTY LUCKY ASSOCIATES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3810753

Garden State MLS

APN: 14-00188-0000-00029

New Jersey Essex County Newark 07105

247 Lafayette St Unit 249, Newark, NJ

This home is located at 247 Lafayette St Unit 249, Newark, NJ 07105 since 03 October 2022 and is currently estimated at $895,606. This property was built in 1907. 247 Lafayette St Unit 249 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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