NOT LISTED FOR SALE

248 Vassar Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $364,000 - $529,000

3 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold December 28, 2017

Last sale price $260,000

Est. 68% increase in value since last sale

Current estimated payment $2,750/month

45 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Formal Dining Room
  • Deck
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of December 2017

Great opportunity to purchase this updated home in the desirable Weequahic section of Newark. The spacious living room has great natural light. The kitchen is updated with modern cabinets, granite counters and stainless steel appliances. There is forced hot air throughout with a new furnace. Upstairs you will find three good sized bedrooms. There is a finished basement featuring a large open area and laundry room. There is a detached garage, deck and large yard for entertaining. Easy access to transportation from this location.

Last Agent to Sell the Property

Olivier Louis

RE/MAX FIRST REALTY II Listed on: 09/17/2017

RE/MAX FIRST REALTY II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,062

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Private Driveway

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Thermal Windows
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring
  • Laundry Room
  • Finished Basement

Kitchen

  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 1614-03719-0003-00027-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,062

Year Built

Built in 1952 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1952
  • Year Built Description: Renovated
  • County Name: Essex
  • Renovated Year: 2017
  • Street Number Display: 248
  • Directions: Elizabeth Ave to Vassar
  • I D: 4747069
  • Modified: 2021-09-23
  • Number Images: 18
  • Section Subdiv Development: Weequahic
  • First Name: OLIVIER
  • First Name3: NICOLE
  • Last Name: LOUIS
  • Last Name3: MAXIS-PIERRE
  • Office Phone: 908-664-1500
  • Office Phone3: 973-731-6064
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Flooring: Wood
  • Appliances: Range/Oven-Gas, Satellite Dish/Antenna, Dishwasher, Microwave Oven
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Laundry Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Living Room, Dining Room, Porch, Bath(s) Other, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Phone: 908-664-1500

Exterior Features

  • Exterior Description: Aluminum Siding, Stucco, Vinyl Siding
  • Exterior Features: Deck, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Available
  • Utilities: Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 40X120
  • Assessed Improvement Value: 96500
  • Assessed Land Value: 21600
  • Assessment: 118100
  • Easement: Unknown
  • Lot Identifier: 27
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4062
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03719-0003-00027-0000-
  • Tax Rate Amount: 3.440
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2017
Closed on
Dec 27, 2017
Sold by
Yti Realty Llc
Bought by
Belle-Apenteng Crystal
Seller's Agent
Olivier Louis
RE/MAX FIRST REALTY II
List Price
$264,900
Sold Price
$260,000
Premium/Discount to List
-$4,900
-1.85%
Current Estimated Value
$437,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,216
Avg. Annual Appreciation
6.96%
Original Mortgage
$247,000
Outstanding Balance
$206,465
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$231,187

Purchase Details

Closed on
Oct 14, 2016
Sold by
Tritop Realty Llc
Bought by
Yti Realty Llc

Purchase Details

Closed on
Aug 1, 2016
Sold by
Wells Fargo Bank
Bought by
Tritop Realty Llc

Purchase Details

Closed on
Jul 16, 2015
Sold by
Fontoura Armando B
Bought by
Teachers Insurance Plan Of Nj and Wells Fargo Bank Na

Purchase Details

Closed on
Aug 31, 2001
Sold by
Jordan Renee
Bought by
Peterson Todd and Peterson Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
7.04%

Purchase Details

Closed on
Aug 17, 1995
Sold by
Jordan Calvin
Bought by
Jordan Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.61%
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
Belle-Apenteng Crystal $260,000 --
Yti Realty Llc $93,555 None Available
Tritop Realty Llc $60,000 None Available
Teachers Insurance Plan Of Nj $112,056 None Available
Peterson Todd $130,000 --
Jordan Renee $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belle-Apenteng Crystal $247,000
Previous Owner Peterson Sharon $36,601
Previous Owner Peterson Todd $123,500
Previous Owner Jordan Renee $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $260,000 -1.8% --
11/01/2017 11/01/17 Pending -- -- --
09/17/2017 09/17/17 For Sale $264,900 -- --
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 $5,297 $142,100 $21,600 $120,500
2024 $5,297 $142,100 $21,600 $120,500
2022 $5,309 $142,100 $21,600 $120,500
2021 $5,306 $142,100 $21,600 $120,500
2020 $5,400 $142,100 $21,600 $120,500
2019 $5,344 $142,100 $21,600 $120,500
2018 $4,361 $118,100 $21,600 $96,500
2017 $4,204 $118,100 $21,600 $96,500
2016 $4,063 $118,100 $21,600 $96,500
2015 $3,908 $118,100 $21,600 $96,500
2014 $3,662 $118,100 $21,600 $96,500
Source: Public Records

Agents Affiliated with this Home

  • Olivier Louis

    Seller's Agent in 2017

    Olivier Louis

    RE/MAX

    (908) 543-4143

    6 Total Sales

    Olivier Louis
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3418622

Garden State MLS

APN: 14-03719-03-00027

New Jersey Essex County Newark 07112 Weequahic

248 Vassar Ave, Newark, NJ

This home is located at 248 Vassar Ave, Newark, NJ 07112 since 17 September 2017 and is currently estimated at $437,216. This property was built in 1952. 248 Vassar Ave is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.

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