NOT LISTED FOR SALE

261-263 Weequahic Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $370,000 - $482,299

3 Beds
2 Baths
-- Sq Ft
3,886 Sq Ft Lot

Last Sold December 30, 2022

Last sale price $382,000

Est. 17% increase in value since last sale

Current estimated payment $2,879/month

140 Days on Market

About This Home

As of December 2022

This beautifully renovated colonial is finally ready for its new owners! Located in the area of Weequahic, Newark, this home offers 3 bedrooms and 2 full bathrooms. All of the living space has been renovated - a brand new kitchen, brand new bathrooms, and new flooring throughout! A new central-air system and a freshly paved driveway! Private backyard with deck for all your family gatherings. All you have to do is unpack and make it your home sweet home! Conveniently located near highways, public transportation, and shopping. Make your best offer today!

Last Agent to Sell the Property

Christian Cobo

Better Homes and Gardens Real Estate Elite Listed on: 08/09/2022

Better Homes and Gardens Real Estate Elite

Co-Listed By

ERANDI MARTINEZ

Lim Bances Realty

Last Buyer's Agent

Christian Cobo

Better Homes and Gardens Real Estate Elite Listed on: 08/09/2022

Better Homes and Gardens Real Estate Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,024

Lot Details

  • 3,886 Sq Ft Lot
  • Rectangular Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00028 / 03715

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,024

Lot Details

0

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: 908-316-8530
  • MLS Status: Sold - Sold
  • Directions: Between Aldine St & Clinton Pl
  • Reso Fireplace Features: None
  • Year Built Details: 1990's,2020's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: No
  • Basement Remarks: Unfinished

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas

Lot Info

  • Lot Size Sq Ft: 3886.0

Tax Info

  • Tax Annual Amount: 3024.0
  • Tax Block: 03715
  • Tax Lot: 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Nov 28, 2022
Sold by
Properties Solutions Group Llc
Bought by
Ozuna Yhonatan
Seller's Agent
Christian Cobo
Better Homes and Gardens Real Estate Elite
Buyer's Agent
Christian Cobo
Better Homes and Gardens Real Estate Elite
List Price
$370,000
Sold Price
$382,000
Premium/Discount to List
$12,000
3.24%
Views
60
Current Estimated Value
$448,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,075
Avg. Annual Appreciation
5.61%
Original Mortgage
$375,081
Outstanding Balance
$364,457
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$77,746

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 12, 2022
Sold by
Royal Mccaden
Bought by
Properties Solutions Group Llc
Seller's Agent
Christian Cobo
Better Homes and Gardens Real Estate Elite
Buyer's Agent
Michelle Christie
RE/MAX Villa Realtors-North Bergen
List Price
$190,000
Sold Price
$200,000
Premium/Discount to List
$10,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
183.97%
Original Mortgage
$229,800
Interest Rate
5.11%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 13, 1973
Bought by
Mccaden Royal and Mccaden Maria
Source: Public Records

Range of Values:

Collateral Analytics

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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
Ozuna Yhonatan $394,000 Westcor Land Title
Properties Solutions Group Llc $200,000 Hometown Title
Mccaden Royal $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozuna Yhonatan $73,029
Open Ozuna Yhonatan $375,081
Previous Owner Properties Solutions Group Llc $229,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $382,000 +3.2% --
12/27/2022 12/27/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $370,000 +85.0% --
05/16/2022 05/16/22 Sold $200,000 +5.3% --
04/12/2022 04/12/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $190,000 -- --
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 $5,476 $153,600 $18,600 $135,000
2024 $5,476 $153,600 $18,600 $135,000
2022 $3,276 $87,700 $18,600 $69,100
2021 $3,025 $87,700 $18,600 $69,100
2020 $3,083 $87,700 $18,600 $69,100
2019 $3,048 $87,700 $18,600 $69,100
2018 $2,989 $87,700 $18,600 $69,100
2017 $2,872 $87,700 $18,600 $69,100
2016 $2,767 $87,700 $18,600 $69,100
2015 $2,652 $87,700 $18,600 $69,100
2014 $2,470 $87,700 $18,600 $69,100
Source: Public Records

Agents Affiliated with this Home

  • Christian Cobo

    Seller's Agent in 2022

    Christian Cobo

    Better Homes and Gardens Real Estate Elite

    (908) 884-5316

    6 in this area

    271 Total Sales

    Christian Cobo
    Section Image
  • ERANDI MARTINEZ

    Seller Co-Listing Agent in 2022

    ERANDI MARTINEZ

    Lim Bances Realty

    (917) 754-8393

    3 in this area

    49 Total Sales

    ERANDI MARTINEZ
    Section Image
  • Michelle Christie

    Buyer's Agent in 2022

    Michelle Christie

    RE/MAX

    (973) 432-6293

    3 in this area

    16 Total Sales

    Michelle Christie
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22029819

New Jersey MLS

APN: 14-03715-0000-00028

New Jersey Essex County Newark 07112 Weequahic

261-263 Weequahic Ave, Newark, NJ

This home is located at 261-263 Weequahic Ave, Newark, NJ 07112 since 09 August 2022 and is currently estimated at $448,075. 261-263 Weequahic Ave is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Peshine 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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