NOT LISTED FOR SALE

279 Ridgewood Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $648,000 - $715,000

7 Beds
3 Baths
-- Sq Ft
3,350 Sq Ft Lot

Last Sold September 09, 2022

Last sale price $530,000

Est. 28% increase in value since last sale

Current estimated payment $4,440/month

41 Days on Market

About This Home

As of September 2022

BACK ON MARKET, BUYER FAILED TO PERFORM. MASSIVE LEGAL 3 FAMILY HOME IN THE HEART OF NEWARK. FEATURING 7 BEDROOMS, 3 BATHROOMS, 3+ CAR DRIVEWAY PARKING, FULLY GUT RENOVATED IN 2020!! SMOKE CERT & CO READY.

Last Agent to Sell the Property

Justyna Kowalski

Prominent Properties Sotheby's International Realty-Jersey City Listed on: 07/07/2022

Prominent Properties Sotheby's International Realty-Jersey City

Last Buyer's Agent

Neli Heinz

Coldwell Banker, Upper Montclair

Coldwell Banker, Upper Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,000

Lot Details

  • 3,350

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 3,350 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00033 / 03569

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,000

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 973-921-1111
  • MLS Status: Sold - Sold
  • Directions: I-78 E
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Remarks: Laundry in basement

Exterior Features

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

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 3350.0

Tax Info

  • Tax Annual Amount: 10000.0
  • Tax Block: 03569
  • Tax Lot: 00033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Jul 28, 2022
Sold by
Weaver John
Bought by
Pierre Shawn and Pierre Zhane Davian
Seller's Agent
Justyna Kowalski
Prominent Properties Sotheby's International Realty-Jersey City
Buyer's Agent
Neli Heinz
Coldwell Banker, Upper Montclair
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%
Current Estimated Value
$675,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,843
Avg. Annual Appreciation
8.44%
Original Mortgage
$519,332
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Listed on
May 22, 2020
Closed on
Sep 1, 2020
Sold by
Tonka Holdings Llc
Bought by
Weaver John
Seller's Agent
MEGAN MCKENNA
EXP REALTY, LLC
Buyer's Agent
JUSTYNA ANNA KOWALSKI
SIGNATURE REALTY NJ
List Price
$349,900
Sold Price
$397,000
Premium/Discount to List
$47,100
13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.38%
Original Mortgage
$389,524
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2006
Sold by
Alcantara Saundra
Bought by
Warren Michael and Warren Antoinette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,800
Interest Rate
5.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 3, 2001
Sold by
Alexander Joseph
Bought by
Alcantara Saundra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,015
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 1991
Sold by
City Of Newark Plaintiff
Bought by
Alexander Audrey Defendant
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
Pierre Shawn $530,000 First Jersey Title Services
Weaver John $397,000 All Jersey Title Llc
Warren Michael $289,000 --
Alcantara Saundra $285,200 --
Alexander Audrey Defendant -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pierre Shawn $519,332
Previous Owner Weaver John $389,524
Previous Owner Tonka Holdings Llc $156,000
Previous Owner Warren Michael $57,800
Previous Owner Warren Michael $202,300
Previous Owner Alcantara Saundra $108,015
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $530,000 0.0% --
09/09/2022 09/09/22 Sold $530,000 -3.5% --
08/17/2022 08/17/22 Pending -- -- --
08/10/2022 08/10/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $549,000 0.0% --
07/07/2022 07/07/22 For Sale $549,000 0.0% --
05/17/2022 05/17/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $549,000 +38.3% --
09/03/2020 09/03/20 Sold $397,000 +13.5% --
06/11/2020 06/11/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $349,900 +316.5% --
09/22/2017 09/22/17 Sold $84,000 +29.2% --
07/03/2017 07/03/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $65,000 -- --
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 $10,069 $270,100 $23,800 $246,300
2024 $10,069 $270,100 $23,800 $246,300
2022 $10,091 $270,100 $23,800 $246,300
2021 $10,086 $270,100 $23,800 $246,300
2020 $5,757 $151,500 $23,800 $127,700
2019 $5,698 $151,500 $23,800 $127,700
2018 $5,595 $151,500 $23,800 $127,700
2017 $5,393 $151,500 $23,800 $127,700
2016 $5,212 $151,500 $23,800 $127,700
2015 $5,013 $151,500 $23,800 $127,700
2014 $4,698 $151,500 $23,800 $127,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Justyna Kowalski

    Prominent Properties Sotheby's International Realty-Jersey City

    (862) 451-7282

    1 in this area

    4 Total Sales

    Justyna Kowalski
    Section Image

  • N

    Buyer's Agent in 2022

    Neli Heinz

    Coldwell Banker, Upper Montclair

    (973) 519-3944

    4 in this area

    20 Total Sales

    Neli Heinz
    Section Image

  • M

    Seller's Agent in 2020

    MEGAN MCKENNA

    EXP REALTY, LLC

  • J

    Buyer's Agent in 2020

    JUSTYNA ANNA KOWALSKI

    SIGNATURE REALTY NJ

  • M

    Seller's Agent in 2017

    Mital Amin

    SILVER AND OAK REALTY

    (215) 322-2207

    46 Total Sales

    Mital Amin
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22025231

New Jersey MLS

APN: 14-03569-0000-00033

New Jersey Essex County Newark 07112 Weequahic

279 Ridgewood Ave, Newark, NJ

This home is located at 279 Ridgewood Ave, Newark, NJ 07112 since 07 July 2022 and is currently estimated at $675,843. 279 Ridgewood Ave is a home located in Essex County with nearby schools including Belmont Runyon School, Peshine Avenue Elementary School, and Hawthorne 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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