$655,000
SOLD NOV 25, 2024

279 Weequahic Ave Newark, NJ 07112

Weequahic Neighborhood
-- Bed
-- Bath
-- Sq Ft
33 Sq Ft Lot

Recently Sold

9% Above List Price

14 Days on Market

About This Home

As of November 2024

This home is located at 279 Weequahic Ave, Newark, NJ 07112 and is currently priced at $655,000. This property was built in 1926. 279 Weequahic Ave is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

EYAL LEVY

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 201-939-0050 Listed on: 10/15/2024

Last Buyer's Agent

MIKEALA SEMEXANT

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,986

Year Built

  • Built in 1926

Lot Details

  • 33 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,986

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Year Built: 1926
  • County Name: Essex
  • Street Number Display: 279
  • I D: 5317912
  • Modified: 2024-11-25
  • Number Images: 40
  • Attribution Contact: 201-939-0050
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33.6X102
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Nov 21, 2024
Sold by
Gs 279 Weequahic Llc
Bought by
Raymond Randaal and Dawes Nichola
Seller's Agent
EYAL LEVY
KELLER WILLIAMS PARK VIEWS
Buyer's Agent
MIKEALA SEMEXANT
COLDWELL BANKER REALTY
List Price
$599,000
Sold Price
$655,000
Premium/Discount to List
$56,000
9.35%
Total Days on Market
14
Views
43
Current Estimated Value
$630,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,539
Avg. Annual Appreciation
-6.95%
Original Mortgage
$669,082
Outstanding Balance
$666,662
Interest Rate
6.54%
Mortgage Type
VA
Estimated Equity
-$36,201

Purchase Details

Closed on
Jul 2, 2024
Sold by
Ohayon Yehuda
Bought by
Gs 279 Weequahic Llc

Purchase Details

Closed on
Nov 9, 2021
Sold by
Bh Investors 2 Llc
Bought by
Ohayon Yehuda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2020
Sold by
279 Weequahic Ave Partners Llc
Bought by
Bh Investors 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 25, 2020
Closed on
Jun 3, 2020
Sold by
Lassiter Adaku Achara
Bought by
279 Weequahic Ave Partners Llc
Seller's Agent
Eyal Levy
Keller Williams Park Views
Buyer's Agent
Eyal Levy
Keller Williams Park Views
List Price
$149,000
Sold Price
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.75%

Purchase Details

Closed on
Sep 30, 2005
Sold by
Thomas Gertrude
Bought by
Lassiter Adaku Achara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,280
Interest Rate
5.72%
Source: Public Records

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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 Type Sale Price Title Company
Deed $655,000 None Listed On Document
Deed $380,000 Infinity Title
Deed $425,000 Universal Title Llc
Deed $285,000 Old Republic National
Deed $149,000 Madison Title Agency Llc
Deed $249,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $669,082 VA
Previous Owner $296,250 New Conventional
Previous Owner $225,000 Construction
Previous Owner $199,280 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $655,000 +9.3% --
10/29/2024 10/29/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $599,000 +302.0% --
06/23/2020 06/23/20 Sold $149,000 0.0% --
03/10/2020 03/10/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $149,000 -- --
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
2024 $10,986 $294,700 $17,300 $277,400
2023 $5,279 $294,700 $17,300 $277,400
2022 $5,279 $141,300 $17,300 $124,000
2021 $5,276 $141,300 $17,300 $124,000
2020 $5,369 $141,300 $17,300 $124,000
2019 $5,314 $141,300 $17,300 $124,000
2018 $5,218 $141,300 $17,300 $124,000
2017 $5,030 $141,300 $17,300 $124,000
2016 $4,861 $141,300 $17,300 $124,000
2015 $4,676 $141,300 $17,300 $124,000
2014 $4,382 $141,300 $17,300 $124,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2024

    MIKEALA SEMEXANT

    COLDWELL BANKER REALTY

  • Eyal Levy

    Seller's Agent in 2020

    Eyal Levy

    Keller Williams Park Views

    (201) 640-0487

    32 in this area

    140 Total Sales

    Eyal Levy
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Map

Source: Garden State MLS

MLS Number: 3929479

Garden State MLS

APN: 14-03724-0000-00034

New Jersey Essex County Newark 07112 Weequahic

279 Weequahic Ave, Newark, NJ

This home is located at 279 Weequahic Ave, Newark, NJ 07112 and is currently priced at $655,000. This property was built in 1926. 279 Weequahic Ave 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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