NOT LISTED FOR SALE

257 Elwood Ave E Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $730,747 - $830,000

4 Beds
5 Baths
-- Sq Ft
7,523 Sq Ft Lot

Last Sold July 07, 2023

Last sale price $685,000

Est. 11% increase in value since last sale

Current estimated payment $4,863/month

77 Days on Market

Highlights

  • En-Suite Primary Bedroom
  • Baseboard Heating
  • Rectangular Lot

About This Home

As of July 2023

Astonishing, beautifully restored massive colonial home boasts all the classic charm of the era, with modern updates that make it comfortable and convenient for modern living, this home is a true masterpiece. The renovation of this home has been carefully executed, preserving many of the original features while updating the home to meet modern standards. The kitchen has been fully updated with white cabinetry/countertops w/ new appliances, while the bathrooms have been renovated with highend finishes. With 4 spacious bedrms & 3.2 bathrooms this home is perfect for anyone who wants plenty of space. Master bedroom is a masterpiece with a large master bathroom and your own private deck. Two sunrooms on each side of the house makes the home special with tons of lightning. The large backyard is perfect for entertaining along with 2 car garage and 4 car driveway. Large partially finished basement. Located in a historic area of prestigious Forest hill a neighborhood that values history.

Last Agent to Sell the Property

Oscar Nunez

Keller Williams City Views Realty Listed on: 03/21/2023

Keller Williams City Views Realty

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,249

Lot Details

  • 7,523 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00033 / 00741

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,249

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 201-559-5770
  • MLS Status: Sold - Sold
  • Directions: on Elwood
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,2020's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Victrn
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partial, Partially Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: partitially finished with half bathroom

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas

Lot Info

  • Lot Size Sq Ft: 7523.0

Tax Info

  • Tax Annual Amount: 8249.0
  • Tax Block: 00741
  • Tax Lot: 00033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Jul 5, 2023
Sold by
Jgc Rei Capital Llc
Bought by
Grovey Angela and Hall Crystal
Seller's Agent
Oscar Nunez
Keller Williams City Views Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$699,999
Sold Price
$685,000
Premium/Discount to List
-$14,999
-2.14%
Views
610
Current Estimated Value
$762,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,876
Avg. Annual Appreciation
6.54%
Original Mortgage
$548,000
Outstanding Balance
$535,466
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$246,471

Purchase Details

Closed on
Jun 20, 1995
Sold by
Freudeman Mary Ann
Bought by
Newark Grace Church
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
Grovey Angela $685,000 Acres Land Title
Newark Grace Church $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grovey Angela $548,000
Previous Owner Jgc Rei Capital Llc $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $685,000 -2.1% --
06/06/2023 06/06/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $699,999 -- --
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 $8,231 $220,800 $66,000 $154,800
2024 $8,231 $220,800 $66,000 $154,800
2023 $0 $220,800 $66,000 $154,800
2022 $0 $220,800 $66,000 $154,800
2021 $0 $220,800 $66,000 $154,800
2020 $0 $220,800 $66,000 $154,800
2019 $0 $220,800 $66,000 $154,800
2018 $0 $220,800 $66,000 $154,800
2017 $0 $220,800 $66,000 $154,800
2016 $0 $220,800 $66,000 $154,800
2015 -- $220,800 $66,000 $154,800
2014 -- $220,800 $66,000 $154,800
Source: Public Records

Agents Affiliated with this Home

  • Oscar Nunez

    Seller's Agent in 2023

    Oscar Nunez

    Keller Williams City Views Realty

    (201) 519-4739

    1 in this area

    105 Total Sales

    Section Image

  • O

    Buyer's Agent in 2023

    Outside Agent

    Outside Office

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Map

Source: New Jersey MLS

MLS Number: 23008021

New Jersey MLS

APN: 14-00741-0000-00033

New Jersey Essex County Newark 07104 Forest Hill

257 Elwood Ave E, Newark, NJ

This home is located at 257 Elwood Ave E, Newark, NJ 07104 since 21 March 2023 and is currently estimated at $781,937. 257 Elwood Ave E is a home located in Essex County with nearby schools including Ridge Street Elementary School, Elliott Street Elementary School, and First Avenue Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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