NOT LISTED FOR SALE

259 Hobson St Unit 1R Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $329,000 - $828,833

2 Beds
1 Bath
3,624 Sq Ft
$189/Sq Ft Est. Value

About This Home

This home is located at 259 Hobson St Unit 1R, Newark, NJ 07112 and is currently estimated at $683,458, approximately $188 per square foot. 259 Hobson St Unit 1R is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2025
Sold by
Bird Properties Llc
Bought by
259-261 Hobson Street Llc
Current Estimated Value
$683,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,400
Outstanding Balance
$699,777
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
-$16,319

Purchase Details

Closed on
Jul 31, 2018
Sold by
Harness Homes Group Llc
Bought by
Bird Buys Houses Llc

Purchase Details

Closed on
Jan 31, 2018
Sold by
Harness Homes Group Llc
Bought by
Bird Buys Houses Llc

Purchase Details

Closed on
Jan 29, 2018
Sold by
Harness Homes Group Llc
Bought by
Harness Homes Group Loc

Purchase Details

Closed on
Sep 22, 1998
Sold by
Morgan Herbert
Bought by
Daniels Wallace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,939
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
259-261 Hobson Street Llc $824,000 Westcor Land Title
Bird Buys Houses Llc -- --
Bird Buys Houses Llc -- --
Harness Homes Group Loc -- --
Daniels Wallace $3,012,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 259-261 Hobson Street Llc $700,400
Previous Owner Daniels Wallace $119,939
Source: Public Records

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 $7,654 $205,300 $20,500 $184,800
2024 $7,654 $205,300 $20,500 $184,800
2022 $7,670 $205,300 $20,500 $184,800
2021 $7,666 $205,300 $20,500 $184,800
2020 $7,801 $205,300 $20,500 $184,800
2019 $7,721 $205,300 $20,500 $184,800
2018 $7,582 $205,300 $20,500 $184,800
2017 $7,309 $205,300 $20,500 $184,800
2016 $7,062 $205,300 $20,500 $184,800
2015 $6,793 $205,300 $20,500 $184,800
2014 -- $205,300 $20,500 $184,800
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

259 Hobson St Unit 1R, Newark, NJ

Not Listed for Sale

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