NOT LISTED FOR SALE

272 Parker St Unit 274 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $612,000 - $763,000

6 Beds
3 Baths
-- Sq Ft
5,001 Sq Ft Lot

Last Sold November 25, 2020

Last sale price $500,000

Est. 35% increase in value since last sale

Current estimated payment $4,797/month

32 Days on Market

About This Home

As of November 2020

Separate Utilities, Section 8 and month to month rentals

Last Agent to Sell the Property

Tina Torres

RE/MAX Lifetime Realtors Listed on: 09/29/2020

RE/MAX Lifetime Realtors

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,861

Year Built

  • 1887

Lot Details

  • 5,001 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built before the 1900s
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Views to the North
  • Washer and Dryer Hookup
  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 071400555 00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,861

Year Built

1887

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 3 Family
  • Lifestyle: None
  • Views/Exposure: North
  • Year Built (Public Record): Pre 1900
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 12
  • Fireplace: None
  • Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Finished
  • Basement: FINISHED
  • Laundry: Hook Ups
  • Items Not Included: TENANTS BELONGINGS
  • Items Included: STOVES

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: None

Utilities

  • Heating: Gas, Hot Water, Radiators
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: Wall A/C, Win/AC

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot: 00015
  • Lot Dimensions: 50x100
  • Estimated Lot Sq Ft: 5001
  • Lot Description: Regular

Tax Info

  • Tax: 6861
  • Assessor Parcel Number: 071400555 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Nov 13, 2020
Sold by
Bernal Nestor and Bernal Dione
Bought by
Lima Moncayo Nibia A
Seller's Agent
Tina Torres
RE/MAX Lifetime Realtors
Buyer's Agent
Outside Agent
Outside Office
List Price
$269,000
Sold Price
$500,000
Premium/Discount to List
$231,000
85.87%
Total Days on Market
32
Current Estimated Value
$675,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,571
Avg. Annual Appreciation
6.84%
Original Mortgage
$490,943
Interest Rate
2.71%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 29, 2020
Closed on
Nov 11, 2020
Sold by
Bernal Nestor and Bernal Dione
Bought by
Lima-Moncayo Nibia A
Seller's Agent
Tina Torres
RE/MAX Lifetime Realtors
Buyer's Agent
Outside Agent
Outside Office
List Price
$269,000
Sold Price
$500,000
Premium/Discount to List
$231,000
85.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Interest Rate
2.71%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2000
Sold by
Pascall Robert
Bought by
Bernal Nestor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
8.28%
Source: Public Records

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Range of Values:

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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
Lima Moncayo Nibia A $500,000 Westcor Land Title Ins Co
Lima-Moncayo Nibia A $500,000 Land Title
Bernal Nestor $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moncavo Nibia A Lima $47,229
Previous Owner Lima Moncayo Nibia A $490,943
Previous Owner Lima-Moncayo Nibia A $490,943
Previous Owner Bernal Nestor $175,000
Previous Owner Bernal Nestor $103,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $500,000 +85.9% --
10/31/2020 10/31/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $269,000 -- --
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
2024 $12,280 $329,400 $43,800 $285,600
2022 $12,306 $329,400 $43,800 $285,600
2021 $12,300 $329,400 $43,800 $285,600
2020 $7,060 $185,800 $43,800 $142,000
2019 $6,988 $185,800 $43,800 $142,000
2018 $6,862 $185,800 $43,800 $142,000
2017 $6,614 $185,800 $43,800 $142,000
2016 $6,392 $185,800 $43,800 $142,000
2015 $6,148 $185,800 $43,800 $142,000
2014 $5,762 $185,800 $43,800 $142,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20045788

New Jersey MLS

APN: 14-00555-0000-00015