NOT LISTED FOR SALE

257 S 8th St Unit 259 Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $466,714 - $616,000

5 Beds
1 Bath
2,211 Sq Ft
$232/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $391,000 $177 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,022/month

Highlights

  • Property is near public transit
  • Private Yard
  • Porch
  • Traditional Architecture
  • 2 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of October 2023

Welcome to this Move-in-Ready 5 Bedroom 1 Full Bath Multi Floor Unit. This home features carpet flooring, a Renovated Eat-in-Kitchen and Bathroom, Newer Appliances, ample space and storage. There is access to the Basement and the coin-operated laundry machines. 2 Garage spaces are included as well as access to the Backyard. Great commuter location and just blocks away from Rutgers University, Essex County College, and NJIT.

Last Agent to Rent the Property

JOAO DUNHAO

RE/MAX 1st ADVANTAGE Listed on: 08/14/2023

RE/MAX 1st ADVANTAGE

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,958

Year Built

  • Built in 1897

Lot Details

  • 4,199 Sq Ft Lot
  • Lot Dimensions are 42x100
  • Level Lot
  • Private Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,211 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Utility Room
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Kitchen in Basement
  • Laundry in Basement
  • Basement Storage

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • 12 Month Lease Term

Community Details

Overview

  • Association fees include water
  • Newark City Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,958

Year Built

Built in 1897

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.0964
  • Lot Size: 42X100
  • Subdivision Name: Newark City
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1897
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Gas Range/Oven, Microwave, Refrigerator, Microwave Oven, Stove/Oven, Gas Water Heater
  • Has Basement: Full, Kitchen, Laundry Facilities, Exterior Entry, Storage Space, Utility Room
  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Blinds
  • Living Area: 2211
  • Stories: 2
  • Window Features: Storms/Screens, Blinds

Exterior Features

  • Lot Features: Level, Near Public Transit, Near Shopping
  • Exterior Features: Curbs, Open Porch(es), Sidewalk, Yard
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Radiant-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Water
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Lot Size Sq Ft: 4199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2021
Sold by
Lsf9 Master Participation Tr and Us Bank Trust Na
Bought by
Boakye Bernard
Current Estimated Value
$472,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,918
Interest Rate
3.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,600
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2000
Sold by
Wiley Eugene
Bought by
Nj Affordable Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,300
Interest Rate
8.13%
Source: Public Records

Range of Values:

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Average Value
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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
Boakye Bernard $391,000 Coastal Title
-- -- --
Nj Affordable Homes $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boakye Bernard $383,918
Previous Owner -- $244,600
Previous Owner Nj Affordable Homes $131,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Rented $2,500 0.0% --
08/14/2023 08/14/23 For Rent $2,500 0.0% --
12/29/2021 12/29/21 Sold $391,000 +5.7% --
12/20/2021 12/20/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $369,900 0.0% --
01/30/2021 01/30/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $369,900 -- --
Source: All 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 $4,958 $133,000 $28,400 $104,600
2024 $4,958 $133,000 $28,400 $104,600
2022 $4,969 $133,000 $28,400 $104,600
2021 $4,966 $133,000 $28,400 $104,600
2020 $5,054 $133,000 $28,400 $104,600
2019 $5,002 $133,000 $28,400 $104,600
2018 $5,632 $152,500 $28,400 $124,100
2017 $5,429 $152,500 $28,400 $124,100
2016 $5,246 $152,500 $28,400 $124,100
2015 $5,046 $152,500 $28,400 $124,100
2014 $4,729 $152,500 $28,400 $124,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2023

    JOAO DUNHAO

    RE/MAX

    (973) 985-3695

    21 Total Sales

    Section Image

  • P

    Seller's Agent in 2021

    PATRICK FOX JR

    AMERICAN REALTY SERVICES GROUP

  • D

    Buyer's Agent in 2021

    DAMAR VANPUTTEN

    LUXE LISTINGS

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2351755M

All Jersey MLS

APN: 14-01781-0000-00016

New Jersey Essex County Newark 07103 Fairmount

257 S 8th St Unit 259, Newark, NJ

This home is located at 257 S 8th St Unit 259, Newark, NJ 07103 since 14 August 2023 and is currently priced at $513,429. This property was built in 1897. 257 S 8th St Unit 259 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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