NOT LISTED FOR SALE

Estimated Value: $460,000 - $547,230

4 Beds
2 Baths
1,603 Sq Ft
$317/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $550,000 $343 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,039/month

48 Days on Market

About This Home

As of November 2023

Welcome to your newly renovated 2-family home in North Newark with low taxes! Situated in a prime location, this property provides an excellent opportunity for both comfortable living & potential rental income. Homes on this road are currently being used as Air B&B or long term or you can generate a long term of $XXXX-XXXX+ per month. Unit one offers a cozy yet spacious 1 bedroom, 1 bathroom. Unit two spans across two levels, offering 3 bedrooms & 1 bathroom. Bask in natural light as the home provides an abundance of windows that will redefine the way you experience living. Both units include fully-equipped kitchens, complete with new stainless-steel appliances, ample cabinet space, & an open layout promoting easy movement & interaction. Step outside and discover your private backyard haven for relaxation & recreation. The outdoor space is perfect for hosting gatherings, gardening, or simply enjoying some fresh air.

Last Agent to Sell the Property

DARRELL BAILEY

RE/MAX First Realty II Listed on: 08/08/2023

RE/MAX First Realty II

Last Buyer's Agent

Julia Segal

Compass New Jersey, LLC-Montclair

Compass New Jersey, LLC-Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,106

Lot Details

  • 2,500 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00038 / 01931

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,106

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (908) 664-1500
  • MLS Status: Sold - Sold
  • Directions: Park Ave N 6th or I -280 7th Ave N 6th
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 4106.0
  • Tax Block: 01931
  • Tax Lot: 00038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Oct 11, 2023
Sold by
Bailey Consulting Usa Llc
Bought by
Telpha Carol
Seller's Agent
DARRELL BAILEY
RE/MAX First Realty II
Buyer's Agent
Julia Segal
Compass New Jersey, LLC-Montclair
List Price
$499,500
Sold Price
$550,000
Premium/Discount to List
$50,500
10.11%
Views
98
Current Estimated Value
$508,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,192
Avg. Annual Appreciation
-4.06%
Original Mortgage
$522,500
Outstanding Balance
$513,299
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
-$4,491

Purchase Details

Closed on
Jan 4, 2023
Sold by
Parisi Amalia
Bought by
Bailey Consulting Usa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,800
Interest Rate
6.58%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 5, 2021
Sold by
Parisi Mario and Estate Of Mario Parisi
Bought by
Parisi Amalia

Purchase Details

Closed on
Mar 23, 2011
Sold by
Citimortgage Inc
Bought by
Parisi Mario

Purchase Details

Closed on
Jul 13, 2010
Sold by
Parra Jimmy
Bought by
Citimortgage Inc

Purchase Details

Closed on
Nov 9, 2007
Sold by
Investor Builder Llc
Bought by
Parra Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2007
Sold by
Us Bank Na
Bought by
Investor Builder Llc

Purchase Details

Closed on
May 6, 2005
Sold by
N 14Th Street Properties
Bought by
Mindlin Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
8.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 12, 2004
Sold by
Underwood Alberta
Bought by
North 14Th St Properties

Purchase Details

Closed on
Jul 27, 1999
Sold by
Complete Realty
Bought by
Underwood Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,648
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 18, 1998
Sold by
Citicorp Mtg
Bought by
Complete Realty

Purchase Details

Closed on
Oct 17, 1989
Sold by
Delvalle Jose and Delvalle Laura
Bought by
Gendy Adel
Source: Public Records

Range of Values:

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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
Telpha Carol $550,000 None Listed On Document
Bailey Consulting Usa Llc $326,400 Fidelity National Title
Parisi Amalia -- None Available
Parisi Mario $31,500 Island Title
Citimortgage Inc -- None Available
Parra Jimmy $340,000 None Available
Investor Builder Llc $160,000 First American Title Ins Co
Mindlin Jennifer $255,000 --
North 14Th St Properties $128,300 --
Underwood Albert $98,500 --
Complete Realty $34,500 --
Gendy Adel $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Telpha Carol $522,500
Previous Owner Bailey Consulting Usa Llc $380,800
Previous Owner Parra Jimmy $289,000
Previous Owner Mindlin Jennifer $255,000
Previous Owner Underwood Albert $97,648
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $550,000 +10.1% $343 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $499,500 -- $312 / Sq Ft
Source: New Jersey 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 $4,097 $251,700 $18,800 $232,900
2024 $4,097 $109,900 $18,800 $91,100
2022 $4,106 $109,900 $18,800 $91,100
2021 $4,104 $109,900 $18,800 $91,100
2020 $4,176 $109,900 $18,800 $91,100
2019 $4,133 $109,900 $18,800 $91,100
2018 $4,059 $109,900 $18,800 $91,100
2017 $3,912 $109,900 $18,800 $91,100
2016 $3,781 $109,900 $18,800 $91,100
2015 $3,637 $109,900 $18,800 $91,100
2014 $3,408 $109,900 $18,800 $91,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23024672

New Jersey MLS

APN: 14-01931-0000-00038