This home is located at 256 S 8th St, Newark, NJ 07103 since 16 December 2014 and is currently estimated at $484,125. This property was built in 1917. 256 S 8th St is a home located in Essex County with nearby schools including Louise A. Spencer School, Hawthorne Avenue Elementary School, and Belmont Runyon School.
Last Agent to Sell the Property
SHERIE HINNANT
ESSENTIAL REAL ESTATEBrokerage Phone: 973-746-4777Listed on: 12/16/2014
Last Buyer's Agent
SHERIE HINNANT
ESSENTIAL REAL ESTATEBrokerage Phone: 973-746-4777Listed on: 12/16/2014
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,287
Year Built
1917
Lot Details
1,742 Sq Ft Lot
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,287
Year Built
1917
Lot Details
0
Listing Details
County Name: Essex
Street Number Display: 256
I D: 4453822
Modified: 2021-09-23
Number Images: 1
Attribution Contact: 973-746-4777
MLS Status: Sold
Special Features: None
Property Sub Type: MultiFamily
Year Built (Public Record): 1917
Lot Info
Lot Size: 25X70
Total Acres: 0.04
Ownership History
DateNameOwned ForOwner Type
Nov 2014 - PresentPalmer Ray and Palmer Laura10 Years and 7 Months
Private Individual
Purchase Details
Listed on
Dec 16, 2014
Closed on
Nov 24, 2014
Sold by
Bishnoi Rati
Bought by
Palmer Ray and Palmer Laura
Seller's Agent
SHERIE HINNANT
ESSENTIAL REAL ESTATE
Buyer's Agent
SHERIE HINNANT
ESSENTIAL REAL ESTATE
Sold Price
$105,000
Total Days on Market
0
Current Estimated Value
$484,125
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,125
Sep 2009 - Nov 2014Bishnoi Rati5 Years and 2 Months
Private Individual
Purchase Details
Closed on
Sep 9, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Bishnoi Rati
Aug 2009 - Sep 2009Hsbc Bank Usa National Association1 Month
Company
Purchase Details
Closed on
Aug 17, 2009
Sold by
Sayers Gloria
Bought by
Hsbc Bank Usa National Association
Apr 2006 - Aug 2009Sayers Gloria3 Years and 4 Months
Private Individual
Purchase Details
Closed on
Apr 20, 2006
Sold by
Richards Owen
Bought by
Sayers Gloria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,440
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Apr 2004 - Apr 2006Richards Owen and Richards Doret2 Years
Private Individual
Purchase Details
Closed on
Apr 5, 2004
Sold by
Defreitas Joan
Bought by
Richards Owen and Richards Doret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,300
Interest Rate
5.58%
Jan 2001 - Apr 2004Defreitas Joan U3 Years and 3 Months
Private Individual
Purchase Details
Closed on
Jan 26, 2001
Sold by
Cherry Melvin E
Bought by
Defreitas Joan U
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
This four-family property located in the bustling heart of Newark, New Jersey, offers a unique investment opportunity with substantial income potential. Each unit features two bedrooms and one bathroom, boasting spacious layouts and modern amenities. l. Conveniently situated near public transportation, local shops, and essential services, this property promises a steady rental market. The
CHRISTOPHER VELASTEGUIKeller Williams City Views Realty
Collateral Analytics
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ICE
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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
Palmer Ray
$105,000
--
Palmer Ray
$105,000
--
Bishnoi Rati
$39,900
Fidelity Natl Title Ins Co
Hsbc Bank Usa National Association
--
None Available
Sayers Gloria
$219,300
--
Richards Owen
$134,000
--
Defreitas Joan U
$60,000
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Palmer Ray D
$161,000
Previous Owner
Sayers Gloria
$175,440
Previous Owner
Richards Owen
$127,300
Previous Owner
Defreitas Joan U
$54,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
12/16/201412/16/14
Sold
$105,000
--
--
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 256 S 8th St, Newark, NJ 07103 since 16 December 2014 and is currently estimated at $484,125. This property was built in 1917. 256 S 8th St is a home located in Essex County with nearby schools including Louise A. Spencer School, Hawthorne Avenue Elementary School, and Belmont Runyon School.
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