NOT LISTED FOR SALE

250 New York Ave Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $878,000 - $1,133,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold March 10, 2022

Last sale price $760,000

Est. 26% increase in value since last sale

Current estimated payment $6,685/month

141 Days on Market

About This Home

As of March 2022

This home is located at 250 New York Ave, Newark, NJ 07105 since 27 September 2021 and is currently estimated at $959,741. This property was built in 1897. 250 New York Ave 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

ANDREIA A RESENDES

SIGNATURE REALTY NJ Brokerage Phone: 908-687-4800 Listed on: 09/27/2021

Last Buyer's Agent

ANDREIA A RESENDES

SIGNATURE REALTY NJ Brokerage Phone: 908-687-4800 Listed on: 09/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,466

Year Built

  • Built in 1897

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,466

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Year Built: 1897
  • County Name: Essex
  • Street Number Display: 250
  • I D: 5105617
  • Modified: 2023-03-11
  • Number Images: 1
  • Attribution Contact: 908-687-4800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 28X100.7
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Mar 5, 2022
Sold by
John Demskis Jr Charles
Bought by
Ip Hao Meng
Seller's Agent
ANDREIA A RESENDES
SIGNATURE REALTY NJ
Buyer's Agent
ANDREIA A RESENDES
SIGNATURE REALTY NJ
List Price
$780,000
Sold Price
$760,000
Premium/Discount to List
-$20,000
-2.56%
Current Estimated Value
$959,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,741
Avg. Annual Appreciation
6.62%
Original Mortgage
$440,000
Outstanding Balance
$411,856
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$537,606

Purchase Details

Closed on
Nov 1, 2017
Sold by
Demskis Charles J
Bought by
Demskis Charles J

Purchase Details

Closed on
Jul 31, 1986
Bought by
Demskis Anne T and Demskis Charles
Source: Public Records

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Ip Hao Meng $760,000 Stewart Title
Demskis Charles J -- --
Demskis Anne T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ip Hao Meng $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $760,000 -2.4% --
02/21/2022 02/21/22 Pending -- -- --
02/07/2022 02/07/22 Price Changed $779,000 -0.1% --
02/07/2022 02/07/22 For Sale $780,000 0.0% --
11/30/2021 11/30/21 Pending -- -- --
11/11/2021 11/11/21 Price Changed $780,000 -2.5% --
10/12/2021 10/12/21 Price Changed $799,999 -5.9% --
10/02/2021 10/02/21 For Sale $850,000 -- --
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
2025 $17,466 $468,500 $76,500 $392,000
2024 $17,466 $468,500 $76,500 $392,000
2022 $10,984 $294,000 $76,500 $217,500
2021 $10,978 $294,000 $76,500 $217,500
2020 $11,172 $294,000 $76,500 $217,500
2019 $11,057 $294,000 $76,500 $217,500
2018 $10,857 $294,000 $76,500 $217,500
2017 $10,466 $294,000 $76,500 $217,500
2016 $10,114 $294,000 $76,500 $217,500
2015 $9,728 $294,000 $76,500 $217,500
2014 $9,117 $294,000 $76,500 $217,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    ANDREIA A RESENDES

    SIGNATURE REALTY NJ

See All Agents

Map

Source: Garden State MLS

MLS Number: 3742945

Garden State MLS

APN: 14-00982-0000-00005

New Jersey Essex County Newark 07105 South Ironbound

250 New York Ave, Newark, NJ

This home is located at 250 New York Ave, Newark, NJ 07105 since 27 September 2021 and is currently estimated at $959,741. This property was built in 1897. 250 New York Ave 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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