NOT LISTED FOR SALE

259 Seymour Ave Unit 261 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $533,000 - $619,281

-- Bed
-- Bath
-- Sq Ft
35 Sq Ft Lot

Last Sold March 01, 2021

Last sale price $305,000

Est. 92% increase in value since last sale

Current estimated payment $3,922/month

About This Home

As of March 2021

This home is located at 259 Seymour Ave Unit 261, Newark, NJ 07112 since 01 March 2021 and is currently estimated at $584,570. This property was built in 1931. 259 Seymour Ave Unit 261 is a home located in Essex County with nearby schools including Belmont Runyon School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

SUSANA BANCES

THE REAL ESTATE COMPANY Brokerage Phone: 908-686-7800 Listed on: 03/01/2021

Last Buyer's Agent

SUSANA BANCES

THE REAL ESTATE COMPANY Brokerage Phone: 908-686-7800 Listed on: 03/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,685

Year Built

  • Built in 1931

Lot Details

  • 35 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,685

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Year Built: 1931
  • County Name: Essex
  • Street Number Display: 259
  • I D: 5050366
  • Modified: 2022-03-02
  • Number Images: 0
  • Attribution Contact: 908-686-7800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 35.2X101
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2024
Sold by
259 Seymour Avenue Llc
Bought by
259-261 Seymour Llc
Current Estimated Value
$584,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
7.03%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jan 30, 2021
Sold by
Debose Jacqueline and Debose Daniel
Bought by
259 Seymour Avenue Llc
Seller's Agent
SUSANA BANCES
THE REAL ESTATE COMPANY
Buyer's Agent
SUSANA BANCES
THE REAL ESTATE COMPANY
List Price
$350,000
Sold Price
$305,000
Premium/Discount to List
-$45,000
-12.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.44%
Original Mortgage
$228,750
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 3, 2020
Sold by
Debose Daniel and Estate Of Daniel Debose
Bought by
Debose Jacqueline

Purchase Details

Closed on
Jan 9, 1998
Sold by
Chandler Denise
Bought by
Debose Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 2, 1990
Sold by
Garvey Selma S
Bought by
Chandler Denise

Purchase Details

Closed on
Dec 21, 1988
Sold by
Dean Willie M and Dean Smith,Willie B
Bought by
Underwood Claude and Underwood Fannie
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Seymour Llc $540,000 None Listed On Document
259 Seymour Avenue Llc $305,000 Chicago Title
Debose Jacqueline -- None Listed On Document
Debose Daniel $65,000 --
Chandler Denise -- --
Underwood Claude $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 259-261 Seymour Llc $615,000
Closed 259-261 Seymour Llc $585,000
Previous Owner 259 Seymour Awnue Llc $228,750
Previous Owner 259 Seymour Awnue Llc $228,750
Previous Owner 259 Seymour Avenue Llc $228,750
Previous Owner Debose Daniel $108,000
Previous Owner Debose Daniel $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $305,000 -12.9% --
03/01/2021 03/01/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $350,000 +14.8% --
12/31/2020 12/31/20 Sold $305,000 +1.7% --
12/16/2020 12/16/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $299,900 -- --
Source: Garden State 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 $9,685 $249,800 $22,500 $227,300
2024 $9,685 $259,800 $22,500 $237,300
2023 $9,706 $259,800 $22,500 $237,300
2022 $9,706 $259,800 $22,500 $237,300
2021 $3,334 $89,300 $22,500 $66,800
2020 $3,393 $89,300 $22,500 $66,800
2019 $3,359 $89,300 $22,500 $66,800
2018 $3,298 $89,300 $22,500 $66,800
2017 $3,179 $89,300 $22,500 $66,800
2016 $3,072 $89,300 $22,500 $66,800
2015 $2,955 $89,300 $22,500 $66,800
2014 $4,841 $156,100 $22,500 $133,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    SUSANA BANCES

    THE REAL ESTATE COMPANY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3694828

Garden State MLS

APN: 14-03598-0000-00007

New Jersey Essex County Newark 07108 Weequahic

259 Seymour Ave Unit 261, Newark, NJ

This home is located at 259 Seymour Ave Unit 261, Newark, NJ 07112 since 01 March 2021 and is currently estimated at $584,570. This property was built in 1931. 259 Seymour Ave Unit 261 is a home located in Essex County with nearby schools including Belmont Runyon School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.

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