Seller's Agent in 2024
Joseph Guerriero
Keller Williams by the Bay
(718) 954-6585
2 in this area
130 Total Sales
27 Main St Unit 29 Newark, NJ 07105
North Ironbound NeighborhoodEstimated Value: $902,000 - $1,200,000
8
Beds
5
Baths
--
Sq Ft
4,792
Sq Ft Lot
Highlights
- 0.11 Acre Lot
- 2 Car Detached Garage
- Air Conditioning
- Wood Flooring
About This Home
As of May 2024Rare Gem in Ironbound, Newark NJ: Two Buildings, One Extraordinary Opportunity! Unparalleled investment potential owning a triplex with three 2 bedroom and 1 bath units, the ground-level unit opens up to a fully finished basement, complete with an additional kitchen, bedroom, and full bath, setting the stage for lucrative rental possibilities. Adjacent to the triplex is a modern masterpiece: a single-family home crafted with precision just a decade ago. Revel in the luxury of two oversized bedrooms, boasting custom closets with built-in shelving, and two full baths designed for indulgence and relaxation. Parking headaches? Not here. With ample space in the rear and two detached garages, your tenants will thank you for the convenience. Don't let this one slip away, book your tour today.
Last Agent to Sell the Property
Keller Williams by the Bay License #2079479 Listed on: 03/21/2024
Last Buyer's Agent
Keller Williams by the Bay License #2079479 Listed on: 03/21/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,699
Year Built
- Built in 1941
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50 x 100
Parking
- 2 Car Detached Garage
Home Design
- Flat Roof Shape
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3-Story Property
- Pull Down Stairs to Attic
- Finished Basement
Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Air Conditioning
- Multiple cooling system units
- Heating System Uses Natural Gas
- Separate Meters
- Separate Water Meter
- Natural Gas Water Heater
Listing and Financial Details
- Tenant pays for hot water, yard maintenance, snow removal, heat, gas, electricity
- The owner pays for water
- Assessor Parcel Number 14-02046-0000-00016
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $180
- Insurance Expense $3,520
- Water Sewer Expense $2,000
- Gross Income $60,000
- Net Operating Income $41,601
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2024
Closed on
May 13, 2024
Sold by
Fidalgo Angelo and Fidalgo Maria
Bought by
27-29 Main Street Llc
Seller's Agent
Joseph Guerriero
Keller Williams by the Bay
Buyer's Agent
Joseph Guerriero
Keller Williams by the Bay
List Price
$1,100,000
Sold Price
$1,200,000
Premium/Discount to List
$100,000
9.09%
Views
69
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,921
Avg. Annual Appreciation
-6.22%
Original Mortgage
$900,000
Outstanding Balance
$887,236
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$188,063
Purchase Details
Closed on
Nov 29, 1982
Bought by
Fidalgo Angelo and Fidalgo Maria
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 27-29 Main Street Llc | $1,200,000 | None Listed On Document | |
| Fidalgo Angelo | $60,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 27-29 Main Street Llc | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2024 05/15/24 | Sold | $1,200,000 | +9.1% | -- |
| 03/29/2024 03/29/24 | Pending | -- | -- | -- |
| 03/21/2024 03/21/24 | For Sale | $1,100,000 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $12,671 | $339,900 | $82,500 | $257,400 |
| 2024 | $12,671 | $339,900 | $82,500 | $257,400 |
| 2022 | $12,699 | $339,900 | $82,500 | $257,400 |
| 2021 | $12,692 | $339,900 | $82,500 | $257,400 |
| 2020 | $12,916 | $339,900 | $82,500 | $257,400 |
| 2019 | $12,784 | $339,900 | $82,500 | $257,400 |
| 2018 | $12,553 | $339,900 | $82,500 | $257,400 |
| 2017 | $12,100 | $339,900 | $82,500 | $257,400 |
| 2016 | $11,693 | $339,900 | $82,500 | $257,400 |
| 2015 | $11,247 | $339,900 | $82,500 | $257,400 |
| 2014 | $10,540 | $339,900 | $82,500 | $257,400 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Guerriero
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22407836
APN: 14-02046-0000-00016
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