NOT LISTED FOR SALE

261 Weequahic Ave Unit 263 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $357,000 - $509,000

3 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold December 30, 2022

Last sale price $382,000

Est. 17% increase in value since last sale

Current estimated payment $2,830/month

140 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Deck
  • Living Room

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 get togethers. 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

BHGRE ELITE Brokerage Phone: 908-884-5316 Listed on: 08/09/2022

BHGRE ELITE

Co-Listed By

ERANDI MARTINEZ

LIM BANCES REALTY Brokerage Phone: 908-884-5316

Last Buyer's Agent

Christian Cobo

BHGRE ELITE Brokerage Phone: 908-884-5316 Listed on: 08/09/2022

BHGRE ELITE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,024

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 3,920

Parking

  • 4 Parking Spaces

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Unfinished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Deck
  • 3,920 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1614-03715-0000-00028-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,024

Year Built

Built in 1990 | Remodeled

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1990
  • Year Built Description: Renovated, Unknown
  • County Name: Essex
  • Renovated Year: 2022
  • Street Number Display: 261
  • Directions: Between Aldine St & Clinton Pl
  • I D: 5174163
  • Modified: 2023-12-31
  • Number Images: 19
  • First Name: CHRISTIAN
  • First Name2: ERANDI
  • First Name3: CHRISTIAN
  • Last Name: COBO
  • Last Name2: MARTINEZ
  • Last Name3: COBO
  • Office Phone: 908-316-8530
  • Office Phone2: 908-316-8532
  • Office Phone3: 908-316-8530
  • Attribution Contact: 908-884-5316
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Range/Oven-Gas, Refrigerator
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished, Walkout
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 1 Bedroom, Bath Main, Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other
  • Phone: 908-316-8530

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 40X97.11
  • Assessed Improvement Value: 69100
  • Assessed Land Value: 18600
  • Assessment: 87700
  • Easement: Unknown
  • Lot Identifier: 28
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3024
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03715-0000-00028-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.734
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

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
BHGRE ELITE
Buyer's Agent
Christian Cobo
BHGRE ELITE
List Price
$370,000
Sold Price
$382,000
Premium/Discount to List
$12,000
3.24%
Current Estimated Value
$447,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,768
Avg. Annual Appreciation
5.95%
Original Mortgage
$375,081
Outstanding Balance
$364,091
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$83,677

Purchase Details

Closed on
May 12, 2022
Sold by
Royal Mccaden
Bought by
Properties Solutions Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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:

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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
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 $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 -- --
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 $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

    BHGRE ELITE

    (908) 884-5316

    6 in this area

    274 Total Sales

    Christian Cobo
    Section Image
  • ERANDI MARTINEZ

    Seller Co-Listing Agent in 2022

    ERANDI MARTINEZ

    LIM BANCES REALTY

    (917) 754-8393

    4 in this area

    51 Total Sales

    ERANDI MARTINEZ
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3803316

Garden State MLS

APN: 14-03715-0000-00028

New Jersey Essex County Newark 07112 Weequahic

261 Weequahic Ave Unit 263, Newark, NJ

This home is located at 261 Weequahic Ave Unit 263, Newark, NJ 07112 since 09 August 2022 and is currently estimated at $447,768. This property was built in 1990. 261 Weequahic Ave Unit 263 is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.

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