$710,000
SOLD FEB 28, 2025

283 Renner Ave Unit 285 Newark, NJ 07112

Weequahic Neighborhood
-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Recently Sold

9% Above List Price

33 Days on Market

About This Home

As of February 2025

This home is located at 283 Renner Ave Unit 285, Newark, NJ 07112 and is currently priced at $710,000. This property was built in 1925. 283 Renner Ave Unit 285 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Peshine Avenue Elementary School, and Chancellor Avenue School.

Last Agent to Sell the Property

MADISON FRAZIER

MADISON REALTY AND ASSOCIATES Brokerage Phone: 862-233-9135 Listed on: 10/01/2024

Last Buyer's Agent

Helen Santana

KELLER WILLIAMS CITY VIEWS REALTY

KELLER WILLIAMS CITY VIEWS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,365

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,365

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • County Name: Essex
  • Street Number Display: 283
  • I D: 5316425
  • Modified: 2025-03-01
  • Number Images: 27
  • Attribution Contact: 862-233-9135
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 45X100
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Feb 12, 2025
Sold by
Kellyman Leon
Bought by
Velarde Jairo Rafael Garce and Guerrero Edwin Ramiro
Seller's Agent
MADISON FRAZIER
MADISON REALTY AND ASSOCIATES
Buyer's Agent
Helen Santana
KELLER WILLIAMS CITY VIEWS REALTY
List Price
$650,000
Sold Price
$710,000
Premium/Discount to List
$60,000
9.23%
Views
33
Current Estimated Value
$692,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,403
Avg. Annual Appreciation
-7.94%
Original Mortgage
$568,000
Outstanding Balance
$567,057
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$125,540

Purchase Details

Closed on
Jan 16, 2014
Sold by
283 Renner Ave Llc
Bought by
Jean Gregory

Purchase Details

Closed on
Apr 5, 2013
Sold by
Pamela Rodrigues Cun
Bought by
283 Renner Ave Llc
Source: Public Records

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Range of Values:

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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 $710,000 None Listed On Document
Deed $339,000 --
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $568,000 New Conventional
Previous Owner $85,000 Credit Line Revolving
Previous Owner $332,500 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $710,000 +9.2% --
11/05/2024 11/05/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $650,000 -- --
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 $9,365 $251,200 $28,500 $222,700
2022 $9,385 $251,200 $28,500 $222,700
2021 $9,380 $251,200 $28,500 $222,700
2020 $9,546 $251,200 $28,500 $222,700
2019 $5,205 $138,400 $28,500 $109,900
2018 $5,111 $138,400 $28,500 $109,900
2017 $4,927 $138,400 $28,500 $109,900
2016 $4,761 $138,400 $28,500 $109,900
2015 $4,580 $138,400 $28,500 $109,900
2014 $4,042 $138,400 $28,500 $109,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3927144

Garden State MLS

APN: 14-03607-0000-00018