NOT LISTED FOR SALE

262 Chadwick Ave Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $470,000 - $625,000

5 Beds
3 Baths
-- Sq Ft
2,940 Sq Ft Lot

Last Sold June 09, 2023

Last sale price $337,000

Est. 57% increase in value since last sale

Current estimated payment $3,401/month

12 Days on Market

About This Home

As of June 2023

Here for your consideration is a true diamond in the rough. This 3 unit apartment house is located close to downtown Newark and I-78 in addition to other highways, yet is located is a quiet residential area with pride of ownership very evident. There is definite gentrification here in rehabbing and new construction. At this low price and with some work and creativity, the new owner will have won an outstanding piece of the American Dream viz. an excellent choice of real estate.

Last Agent to Sell the Property

James Brooks

RE/MAX Properties Plus Listed on: 05/05/2023

RE/MAX Properties Plus

Last Buyer's Agent

James Brooks

RE/MAX Properties Plus Listed on: 05/05/2023

RE/MAX Properties Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,049

Lot Details

  • 2,940 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 00032 / 02711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,049

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: 201-567-9191
  • MLS Status: Sold - Sold
  • Directions: Use GPS
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 2940.0

Tax Info

  • Tax Annual Amount: 6049.0
  • Tax Block: 02711
  • Tax Lot: 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2023
Sold by
Feifer Bracha
Bought by
262 Chadwick Ave Nj Llc
Current Estimated Value
$529,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,400
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2023
Closed on
Jul 7, 2023
Sold by
Freedom Mortgage Corporation
Bought by
Feifer Bracha
Seller's Agent
James Brooks
RE/MAX Properties Plus
Buyer's Agent
James Brooks
RE/MAX Properties Plus
List Price
$275,000
Sold Price
$337,000
Premium/Discount to List
$62,000
22.55%
Views
259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.02%

Purchase Details

Closed on
Mar 1, 2022
Sold by
Secretary Of Housing And Urban Developme
Bought by
Freedom Mortgage Corporation

Purchase Details

Closed on
Apr 26, 2019
Sold by
Freedom Mortgage Corporation
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 13, 2019
Sold by
Freedom Mortgage Corp
Bought by
Freedom Mortgage Corp

Purchase Details

Closed on
Nov 3, 2016
Sold by
Newark Developers Llc
Bought by
Price Travis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Interest Rate
3.94%

Purchase Details

Closed on
Oct 26, 2015
Sold by
Jackson Phyllis I
Bought by
Cap Nj Homes Limited Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,600
Interest Rate
3.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 12, 2006
Source: Public Records

Range of Values:

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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
262 Chadwick Ave Nj Llc -- Cross Bridge Title
Feifer Bracha $337,000 Mortgage Connect
Freedom Mortgage Corporation -- None Listed On Document
Secretary Of Housing & Urban Development -- None Available
Freedom Mortgage Corp -- --
Price Travis $340,000 Rms Title Services Llc
Cap Nj Homes Limited Llc $80,000 --
Newark Developers Llc $145,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 262 Chadwick Ave Nj Llc $562,400
Previous Owner Price Travis $333,841
Previous Owner Newark Developers Llc $16,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $337,000 +22.5% --
05/17/2023 05/17/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $275,000 -- --
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 $6,039 $162,000 $22,100 $139,900
2024 $6,039 $162,000 $22,100 $139,900
2022 $6,052 $162,000 $22,100 $139,900
2021 $6,049 $162,000 $22,100 $139,900
2020 $6,156 $162,000 $22,100 $139,900
2019 $6,093 $162,000 $22,100 $139,900
2018 $5,983 $162,000 $22,100 $139,900
2017 $5,767 $162,000 $22,100 $139,900
2016 $5,573 $162,000 $22,100 $139,900
2015 $5,361 $162,000 $22,100 $139,900
2014 $5,024 $162,000 $22,100 $139,900
Source: Public Records

Agents Affiliated with this Home

  • James Brooks

    Seller's Agent in 2023

    James Brooks

    RE/MAX

    (201) 519-7980

    1 in this area

    30 Total Sales

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Map

Source: New Jersey MLS

MLS Number: 23013341

New Jersey MLS

APN: 14-02711-0000-00032

New Jersey Essex County Newark 07108 Clinton Hill

262 Chadwick Ave, Newark, NJ

This home is located at 262 Chadwick Ave, Newark, NJ 07108 since 05 May 2023 and is currently estimated at $557,619. 262 Chadwick Ave is a home located in Essex County with nearby schools including Belmont Runyon 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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