NOT LISTED FOR SALE

Estimated Value: $424,000 - $759,000

5 Beds
3 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold September 27, 2024

Last sale price $389,500

Est. 49% increase in value since last sale

Current estimated payment $3,539/month

23 Days on Market

About This Home

As of September 2024

Discover the potential in this two-family house on N 6th Street in Newark. This property features two formal layout apartments, each with a living room and an eat-in kitchen. The first unit includes two bedrooms, while the second unit offers three bedrooms. Both units are ready for a buyer with a vision to update, presenting a prime opportunity to enhance the property's value and appeal. Although there is no off-street parking available, the location offers convenience and potential. Whether you're looking to invest or create a personalized living space, this home provides a solid foundation for your plans. Bring your ideas and transform this property into the home you want and need for the future.

Last Agent to Sell the Property

Michael Morris

Vylla Home Listed on: 08/14/2024

Vylla Home

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,566

Lot Details

  • Lot Dimensions are 20x100

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00007 / 01930

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,566

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 856-206-0413
  • MLS Status: Sold - Sold
  • Directions: Orange Street to N 6th Street
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Remarks: Unfinished

Exterior Features

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

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Dimensions: 20X100

Tax Info

  • Tax Annual Amount: 5566.0
  • Tax Block: 01930
  • Tax Lot: 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2025
Sold by
Gs 286 N 6Th Llc
Bought by
Gonzalez Algenis and Felix Dulce
Current Estimated Value
$579,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Outstanding Balance
$708,774
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$128,865

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 17, 2024
Sold by
Hb2 Alternative Holdings Llc
Bought by
Gs 286 N 6Th Llc
Seller's Agent
Michael Morris
Vylla Home
Buyer's Agent
Outside Agent
Outside Office
List Price
$410,000
Sold Price
$389,500
Premium/Discount to List
-$20,500
-5%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.89%

Purchase Details

Closed on
Jun 4, 2024
Sold by
Cascade Funding Mortgage Trust
Bought by
Hb2 Alternative Holdings Llc

Purchase Details

Closed on
Nov 14, 2023
Sold by
Essex County Sheriff
Bought by
Cascade Funding Mortgage Trust and Mtg Assets Mgmt Series I Trust
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
Gonzalez Algenis $750,000 Safe Land Title
Gs 286 N 6Th Llc $389,500 None Listed On Document
Hb2 Alternative Holdings Llc -- None Listed On Document
Cascade Funding Mortgage Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Algenis $712,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $389,500 -5.0% --
09/06/2024 09/06/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $410,000 -- --
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 $5,566 $149,300 $18,800 $130,500
2024 $5,566 $149,300 $18,800 $130,500
2022 $5,578 $149,300 $18,800 $130,500
2021 $5,575 $149,300 $18,800 $130,500
2020 $5,673 $149,300 $18,800 $130,500
2019 $5,615 $149,300 $18,800 $130,500
2018 $5,514 $149,300 $18,800 $130,500
2017 $5,315 $149,300 $18,800 $130,500
2016 $5,136 $149,300 $18,800 $130,500
2015 $4,940 $149,300 $18,800 $130,500
2014 $4,630 $149,300 $18,800 $130,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24026414

New Jersey MLS

APN: 14-01930-0000-00007