NOT LISTED FOR SALE

281 Chestnut St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $600,000 - $725,000

Studio
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: February 23, 2023

Last sale price $515,000

Est. 28% increase in value since last sale

Current estimated payment $4,216 / mo

202 Days on Market

About This Home

As of February 2023

This home is located at 281 Chestnut St, Newark, NJ 07105 since 13 July 2022 and is currently estimated at $659,704. 281 Chestnut St is a home located in Essex County with nearby schools including Hawkins Street Elementary School, Cleveland Elementary School, and Sir Isaac Newton Elementary School.

Last Agent to Sell the Property

LIDIA MANCANO

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000 Listed on: 07/13/2022

Last Buyer's Agent

PAULA PEREIRA FERNANDES

WEICHERT REALTORS - HOME CITY

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

2,614 Sq Ft Lot

Listing Details

  • County Name: Essex
  • I D: 5165560
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X104.9
  • Total Acres: 0.06

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Feb 21, 2023
Sold by
Bought by
Seller's Agent
LIDIA MANCANO
WEICHERT REALTORS - HOME CITY
Buyer's Agent
PAULA PEREIRA FERNANDES
WEICHERT REALTORS - HOME CITY
List Price
$650,000
Sold Price
$515,000
Premium/Discount to List
-$135,000
-20.77%
Views
175
Current Estimated Value
$659,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,704
Avg. Annual Appreciation
7.44%

Purchase Details

Listed on
Feb 13, 2017
Closed on
Jul 8, 2017
Sold by
Bought by
Seller's Agent
SUELY MELO
TOP CHOICE REALTY NETWORK
Buyer's Agent
SUELY MELO
TOP CHOICE REALTY NETWORK
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.44%
Original Mortgage
$205,128
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 1988
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$515,000 Noble Title
$210,000 --
$440,000 --
$160,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $205,128
Previous Owner $352,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2023 02/23/23 Sold $515,000 -11.2% --
01/31/2023 01/31/23 Pending -- -- --
11/29/2022 11/29/22 Price Changed $580,000 -3.3% --
08/30/2022 08/30/22 Price Changed $600,000 -7.7% --
07/13/2022 07/13/22 For Sale $650,000 +209.5% --
07/29/2017 07/29/17 Sold $210,000 -16.0% -- View Prior Sale
03/08/2017 03/08/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $250,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,110 $177,800 $67,800 $110,000
2025 $7,110 $177,800 $67,800 $110,000
2024 $6,628 $177,800 $67,800 $110,000
2022 $6,643 $177,800 $67,800 $110,000
2021 $6,639 $177,800 $67,800 $110,000
2020 $6,756 $177,800 $67,800 $110,000
2019 $6,687 $177,800 $67,800 $110,000
2018 $6,566 $177,800 $67,800 $110,000
2017 $6,330 $177,800 $67,800 $110,000
2016 $6,116 $177,800 $67,800 $110,000
2015 $5,883 $177,800 $67,800 $110,000
2014 $5,514 $177,800 $67,800 $110,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    LIDIA MANCANO

    WEICHERT REALTORS - HOME CITY

  • P

    Buyer's Agent in 2023

    PAULA PEREIRA FERNANDES

    WEICHERT REALTORS - HOME CITY

  • S

    Seller's Agent in 2017

    SUELY MELO

    TOP CHOICE REALTY NETWORK

See All Agents

Map

Source: Garden State MLS

MLS Number: 3795611

Garden State MLS

APN: 14-00955-0000-00052

New Jersey Essex County Newark 07105 South Ironbound

281 Chestnut St, Newark, NJ

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