NOT LISTED FOR SALE

255 Weequahic Ave Unit 257 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $482,000 - $633,000

7 Beds
3 Baths
-- Sq Ft
4,012 Sq Ft Lot

Last Sold October 14, 2020

Last sale price $288,000

Est. 92% increase in value since last sale

Current estimated payment $3,950/month

103 Days on Market

About This Home

As of October 2020

MULTI FAMILY FIXER UPPER UP FOR GRABS

Last Agent to Sell the Property

Jeanmichel Sery

JD Frances Realty Listed on: 03/10/2020

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,510

Year Built

  • 1921

Lot Details

  • 4,012 Sq Ft Lot
  • Rectangular Lot

Parking

  • Detached Garage

Home Design

  • Built in the 1950s
  • Synthetic Stucco Exterior

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 071403715 00031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,510

Year Built

1921

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: None
  • Views/Exposure: None
  • Year Built (Public Record): 1950's
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 13
  • Fireplace: None
  • Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Unfinished
  • Basement: Full Unfinished
  • Laundry: None

Exterior Features

  • Waterfront: None
  • Exterior Finish: Aluminum, Fabricated Stucco, Mason/stucco

Garage/Parking

  • Garage: Detached, 2 Car

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: Win/AC

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot: 00031
  • Estimated Lot Sq Ft: 4012
  • Lot Description: Regular

Tax Info

  • Tax: 6510
  • Assessor Parcel Number: 071403715 00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2020
Sold by
255-257 Weequahic Associates Llc and Kessler Law Llc
Bought by
Bragg Jonathan
Total Days on Market
103
Current Estimated Value
$552,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,827
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2018
Sold by
Bank Of New York Mellon
Bought by
255 257 Weequahic Assoc

Purchase Details

Closed on
Sep 30, 2005
Sold by
Jackson Mary
Bought by
Jose De Sa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.78%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Bragg Jonathan $288,000 New Title Company Name
255 257 Weequahic Assoc $201,000 --
Jose De Sa $285,000 --
-- $28,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bragg Jonathan $388,827
Previous Owner Desa Jose $228,000
Previous Owner -- $42,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $288,000 +8.7% --
06/21/2020 06/21/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $265,000 0.0% --
03/26/2020 03/26/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $265,000 -- --
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
2024 $10,341 $277,400 $19,000 $258,400
2022 $10,364 $277,400 $19,000 $258,400
2021 $6,464 $173,100 $19,000 $154,100
2020 $6,578 $173,100 $19,000 $154,100
2019 $6,510 $173,100 $19,000 $154,100
2018 $6,393 $173,100 $19,000 $154,100
2017 $6,162 $173,100 $19,000 $154,100
2016 $5,955 $173,100 $19,000 $154,100
2015 $5,728 $173,100 $19,000 $154,100
2014 $5,368 $173,100 $19,000 $154,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20010575

New Jersey MLS

APN: 14-03715-0000-00031