NOT LISTED FOR SALE

29-31 Valley St Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $470,000 - $530,000

4 Beds
3.5 Baths
-- Sq Ft
3,581 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $355,000

Est. 41% increase in value since last sale

Current estimated payment $3,198/month

72 Days on Market

About This Home

As of June 2022

Come see the amazing potential in this beautiful two-family home with a finished basement. Be part of a changing community in the heart of Newark. This is a great investment opportunity. Live in one unit, rent out the other. Located just a few minutes from the Garden State Parkway and the i280. This home offers great commuter convenience. Catch the NJT bus that takes you directly to the Port Authority in Manhattan. The 1 bus takes you directly to Newark Penn Station in just a few minutes, where you can catch the Path, Amtrak, and NJtransit trains.

Last Agent to Sell the Property

Shana-Kay Medley

Realty Executives Exceptional Realtors-Fairfield Listed on: 04/19/2022

Realty Executives Exceptional Realtors-Fairfield

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,487

Lot Details

  • 3,581 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00033 / 04050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,487

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-575-6700
  • MLS Status: Sold - Sold
  • Directions: On Valley St between Sunset Ave and Brookdale Ave.
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected

Lot Info

  • Lot Size Sq Ft: 3581.0

Tax Info

  • Tax Annual Amount: 5487.0
  • Tax Block: 04050
  • Tax Lot: 00033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jun 27, 2022
Sold by
David William N
Bought by
Mjb Development Llc
Seller's Agent
Shana-Kay Medley
Realty Executives Exceptional Realtors-Fairfield
Buyer's Agent
Outside Agent
Outside Office
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Current Estimated Value
$502,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,072
Avg. Annual Appreciation
11.53%
Original Mortgage
$397,500
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 7, 1988
Bought by
David William
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Mjb Development Llc $355,000 Pastore Alex A
David William $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mjb Development Llc $424,000
Closed Mjb Development Llc $397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Pending -- -- --
06/30/2022 06/30/22 Sold $355,000 +1.4% --
04/19/2022 04/19/22 For Sale $350,000 -- --
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 $5,383 $144,400 $21,900 $122,500
2024 $5,383 $144,400 $21,900 $122,500
2022 $5,395 $144,400 $21,900 $122,500
2021 $5,392 $144,400 $21,900 $122,500
2020 $5,487 $144,400 $21,900 $122,500
2019 $5,431 $144,400 $21,900 $122,500
2018 $5,333 $144,400 $21,900 $122,500
2017 $5,141 $144,400 $21,900 $122,500
2016 $4,967 $144,400 $21,900 $122,500
2015 $4,778 $144,400 $21,900 $122,500
2014 $4,478 $144,400 $21,900 $122,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shana-Kay Medley

    Realty Executives

    Section Image

  • O

    Buyer's Agent in 2022

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 22013312

New Jersey MLS

APN: 14-04050-0000-00033

New Jersey Essex County Newark 07106 Lower Vailsburg

29-31 Valley St, Newark, NJ

This home is located at 29-31 Valley St, Newark, NJ 07106 since 19 April 2022 and is currently estimated at $498,382. 29-31 Valley St is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon 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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