NOT LISTED FOR SALE

291 Chestnut St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $607,454 - $658,000

-- Bed
-- Bath
-- Sq Ft
2,178 Sq Ft Lot

Last Sold February 18, 2020

Last sale price $330,000

Est. 91% increase in value since last sale

Current estimated payment $4,268/month

24 Days on Market

About This Home

As of February 2020

This home is located at 291 Chestnut St, Newark, NJ 07105 since 22 November 2019 and is currently estimated at $631,614. 291 Chestnut St is a home located in Essex County with nearby schools including Oliver Street School, Lafayette Street Elementary School, and Hawkins Street Elementary School.

Last Agent to Sell the Property

GEUBERT OLIVEIRA

WEICHERT REALTORS Brokerage Phone: 845-624-1700 Listed on: 11/22/2019

Last Buyer's Agent

GEUBERT OLIVEIRA

WEICHERT REALTORS Brokerage Phone: 845-624-1700 Listed on: 11/22/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,920

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,920

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 291
  • I D: 4946981
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 845-624-1700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 19X104.9
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2020
Sold by
Payami Houman
Bought by
2 Chestnut Llc
Current Estimated Value
$631,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,600
Outstanding Balance
$259,483
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$370,964

Purchase Details

Closed on
Sep 9, 2020
Sold by
Payami Houman
Bought by
2 Chestnut Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,600
Outstanding Balance
$259,483
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$370,964

Purchase Details

Listed on
Nov 22, 2019
Closed on
Feb 18, 2020
Sold by
Rodrigues Henrique
Bought by
Payami Houman
Seller's Agent
GEUBERT OLIVEIRA
WEICHERT REALTORS
Buyer's Agent
GEUBERT OLIVEIRA
WEICHERT REALTORS
List Price
$396,500
Sold Price
$330,000
Premium/Discount to List
-$66,500
-16.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%

Purchase Details

Closed on
Feb 23, 2007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,400
Interest Rate
7.32%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 25, 2002
Sold by
Deo Ronald
Bought by
Santos Diogo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,400
Interest Rate
6.11%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
2 Chestnut Llc -- Old Republic National
2 Chestnut Llc -- Old Republic Title
Payami Houman $330,000 None Available
-- $423,000 --
Santos Diogo $284,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2 Chestnut Llc $291,600
Closed 2 Chestnut Llc $291,600
Previous Owner -- $338,400
Previous Owner Santos Diogo P $275,000
Previous Owner Santos Diogo $275,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $330,000 -16.8% --
12/16/2019 12/16/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $396,500 -- --
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
2025 $9,920 $266,100 $62,000 $204,100
2024 $9,920 $266,100 $62,000 $204,100
2022 $9,942 $266,100 $62,000 $204,100
2021 $9,936 $266,100 $62,000 $204,100
2020 $6,312 $166,100 $62,000 $104,100
2019 $6,247 $166,100 $62,000 $104,100
2018 $6,134 $166,100 $62,000 $104,100
2017 $5,913 $166,100 $62,000 $104,100
2016 $5,714 $166,100 $62,000 $104,100
2015 $5,496 $166,100 $62,000 $104,100
2014 $5,151 $166,100 $62,000 $104,100
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    GEUBERT OLIVEIRA

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3602641

Garden State MLS

APN: 14-00955-0000-00056

New Jersey Essex County Newark 07105 South Ironbound

291 Chestnut St, Newark, NJ

This home is located at 291 Chestnut St, Newark, NJ 07105 since 22 November 2019 and is currently estimated at $631,614. 291 Chestnut St is a home located in Essex County with nearby schools including Oliver Street School, Lafayette Street Elementary School, and Hawkins Street Elementary School.

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