This home is located at 247 Parker St, Newark, NJ 07104 and is currently priced at $675,000. This property was built in 1910. 247 Parker St is a home located in Essex County with nearby schools including First Avenue Elementary School, Franklin School, and Rafael Hernandez School.
Last Agent to Sell the Property
CLAUDIA BARBOZA
COMPASS NEW JERSEY LLCBrokerage Phone: 973-310-7360Listed on: 09/04/2024
Last Buyer's Agent
ROI VANA
IMPROOV HOMES
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,326
Year Built
Built in 1910
Lot Details
2,614 Sq Ft Lot
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,326
Year Built
Built in 1910
Lot Details
0
Listing Details
Year Built: 1910
County Name: Essex
Street Number Display: 247
I D: 5309948
Modified: 2025-05-20
Number Images: 0
Attribution Contact: 973-310-7360
MLS Status: Sold
Special Features: None
Property Sub Type: MultiFamily
Lot Info
Lot Size: 25X100
Total Acres: 0.06
Ownership History
DateNameOwned ForOwner Type
May 2025 - Present247 Parker Llc2 Months
Company
Purchase Details
Listed on
Sep 4, 2024
Closed on
May 13, 2025
Sold by
Rivera Gabriel
Bought by
247 Parker Llc
Seller's Agent
CLAUDIA BARBOZA
COMPASS NEW JERSEY LLC
Buyer's Agent
ROI VANA
IMPROOV HOMES
List Price
$700,000
Sold Price
$675,000
Premium/Discount to List
-$25,000
-3.57%
Views
89
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$490,000
Outstanding Balance
$489,567
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$192,923
Jun 2022 - May 2025Rivera Gabriel2 Years and 11 Months
Private Individual
Purchase Details
Listed on
May 21, 2022
Closed on
Jun 3, 2022
Sold by
Rivera Gabriel
Bought by
Rivera Gabriel
Seller's Agent
Claudia Barboza
Compass New Jersey, LLC-Montclair
Buyer's Agent
Claudia Barboza
Compass New Jersey, LLC-Montclair
May 2008 - Jun 2022Rivera Gabriel and Dejesus Luis14 Years and 1 Month
Private Individual
Purchase Details
Closed on
May 2, 2008
Sold by
Rivera Gabriel and Rivera Ana
Bought by
Rivera Gabriel and Dejesus Luis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,857
Interest Rate
5.91%
Mortgage Type
New Conventional
Aug 1999 - May 2008Rivera Gabriel8 Years and 9 Months
Private Individual
Purchase Details
Closed on
Aug 20, 1999
Sold by
Rodriguez Reynaldo
Bought by
Rivera Gabriel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,773
Interest Rate
7.85%
Mortgage Type
FHA
May 1993 - Aug 1999Rodriguez Reynaldo O and Rodriguez Iraida C6 Years and 3 Months
Steps from Forest Hill!Nestled just feet away from Newark's most desirable Forest Hill section, this spacious and versatile multi-family home is a rare investment or owner-occupant opportunity. First Floor Unit:Freshly renovated and move-in ready, this 2-bedroom, 1-bath unit features a stylish open-concept living room and kitchen, perfect for modern living. It includes exclusive access to a
Excellent Investment Opportunity Renovated Two-Family Home! Don't miss this well-maintained and move-in-ready two-family home, ideal for investors or owner-occupants. First Floor Unit: Offers a comfortable layout with a living room, dining room, renovated kitchen, one bedroom, and a full bathroom. Second Floor Unit: Features a spacious living room, dining area, updated kitchen, two bedrooms, and
Prime Investment Opportunity in Downtown Belleville! Looking to grow your real estate portfolio? This cash-flowing triplex plus rented garage in the heart of downtown Belleville is your next smart move! Three residential units + garage income One unit currently vacant a€” potential rent between $1,650a€“$1,700/month Other units are rented for $1,750, $1,614.60, and $500 (garage) Professionally
Introducing a Prime Investment Opportunity in a Highly Desirable Location! This captivating brick building offers exceptional versatility, serving both immediate commercial use and lucrative developmental prospects within the ARC-4 zoning district, as part of the Sussex Ave Redevelopment Plan. IMMEDIATE COMMERCIAL USE: The existing structure features sizable garages and multiple rooms, ideal for
235 S 7TH IS DEEDED TO BE A 2 FAMILY HOME. .IT IS FULLY RENOVATED TO BE A 6 BEDROOM, 3 BATHROOM SINGLE FAMILY HOME. .IT CAN BE CONVERTED INTO TWO 3 BEDROOM APARTMENT UN ITS. THIS WILL PROVIDE A GREAT OPPORTIUNITY FOR THE OWNER TO LIVE IN ONE UNIT AND RENT THE OTHER UNIT SO THE OWNER CAN OFFSET THEIR MONTHLY MORTGAGE PAYMENTS WITH THE RENTAL INCOME.
Welcome to opportunity in the heart of Newark Ironbound Section ! This two family home is ideal for investors or owner occupants looking to create value. With 4 berooms and 2 bathrooms this home have potential.Prime location near transportation, shops and restaurants. Income prooducing potential with separate utilities. Needs some TLC. Wheter you are looking to add your investment portfolio or
1st time 2 family on the market in over 75 years. Ironbound and the Ann St school district. 1st floor features living room, eat in kitchen, full bath and 2 bedrooms and full finished basement with 3 rooms. 2nd floor features living room, kitchen, dining room, full bath, office and 1 bedroom.
Dont miss this incredible two-family opportunity in Newarks ultra-sought-after Ironbound neighborhood a versatile and income-generating property perfect for investors or savvy buyers! The first-floor unit features one bedroom, a generous living room that can easily be converted into an additional bedroom, a formal dining room, a spacious eat-in kitchen, a bonus recreational room, and a full
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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
Type
Sale Price
Title Company
Deed
$700,000
1St Rate Title
Deed
--
Advanced Title & Abstract
Interfamily Deed Transfer
--
Land Title Agency Inc
Deed
$150,000
--
Deed
$112,500
--
Source: Public Records
Mortgage History
Date
Status
Loan Amount
Loan Type
Open
$490,000
New Conventional
Previous Owner
$13,956
FHA
Previous Owner
$294,856
FHA
Previous Owner
$294,857
New Conventional
Previous Owner
$240,500
Adjustable Rate Mortgage/ARM
Previous Owner
$220,000
Adjustable Rate Mortgage/ARM
Previous Owner
$148,773
FHA
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
07/20/202507/20/25
Price Changed
$1,800
-2.7%
--
06/04/202506/04/25
For Rent
$1,850
0.0%
--
05/16/202505/16/25
Sold
$675,000
-3.6%
--
04/16/202504/16/25
Pending
--
--
--
09/07/202409/07/24
For Sale
$700,000
0.0%
--
06/27/202206/27/22
Rented
$1,200
0.0%
--
05/21/202205/21/22
For Rent
$1,200
--
--
Source: Garden State MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 247 Parker St, Newark, NJ 07104 and is currently priced at $675,000. This property was built in 1910. 247 Parker St is a home located in Essex County with nearby schools including First Avenue Elementary School, Franklin School, and Rafael Hernandez School.
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