$600,000
SOLD AUG 30, 2024
6 Beds
3 Baths
-- Sq Ft
2,696 Sq Ft Lot

Recently Sold

5% Below List Price

44 Days on Market

About This Home

As of August 2024

Looking for an investment gem in North Newark. Look no further than 293 Clifton Ave! This property boasts two units, each with three bedrooms and one bath, offering ample living space. Bonus features include additional recreational rooms in the basement and full bathroom and a generously sized backyard. Conveniently situated near shops, parks, schools, major highways, and NYC transportation, this two family home is an opportunity not to be missed.

Last Agent to Sell the Property

Angelica Prendez

Lifestyle International Realty Listed on: 05/07/2024

Lifestyle International Realty

Last Buyer's Agent

Angelica Prendez

Lifestyle International Realty Listed on: 05/07/2024

Lifestyle International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,480

Lot Details

  • 2,696 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00043 / 00532

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,480

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (732) 943-4908
  • MLS Status: Sold - Sold
  • Directions: Bloomfield Ave & 3rd Ave
  • 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: 6

Exterior Features

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 2696.0

Tax Info

  • Tax Annual Amount: 9480.0
  • Tax Block: 00532
  • Tax Lot: 00043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Aug 6, 2024
Sold by
Sharif Mohammed
Bought by
Rodriguez Tavarez Melissa and Hernandez Jimenez Melvin J
Seller's Agent
Angelica Prendez
Lifestyle International Realty
Buyer's Agent
Angelica Prendez
Lifestyle International Realty
List Price
$629,000
Sold Price
$600,000
Premium/Discount to List
-$29,000
-4.61%
Views
22
Current Estimated Value
$692,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,979
Avg. Annual Appreciation
16.19%
Original Mortgage
$594,474
Outstanding Balance
$588,716
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$104,263

Purchase Details

Listed on
Jul 12, 2021
Closed on
Oct 22, 2021
Sold by
Dreamwork Properties Llc
Bought by
Sharif Mohammed
Seller's Agent
Grisela Flores
FLOROSTONE REALTY INC.
Buyer's Agent
Angelica Prendez
LIFESTYLE INTERNATIONAL REALTY
List Price
$375,000
Sold Price
$390,000
Premium/Discount to List
$15,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.57%
Original Mortgage
$273,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2018
Sold by
Wells Fargo Bank Na
Bought by
293 Clifton Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,900
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2009
Sold by
Velez Alberto
Bought by
Velez Alberto and Toro Carlos Velez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,162
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 1992
Sold by
Velez Alberto and C M
Bought by
Velez Alberto T and A N
Source: Public Records

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Range of Values:

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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 $615,000 Hometown Title
Deed $390,000 Lindsay Bryan W
Deed $170,000 Stewart Title
Interfamily Deed Transfer -- Equititle Llc
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $594,474 New Conventional
Previous Owner $273,000 New Conventional
Previous Owner $192,900 New Conventional
Previous Owner $300,162 FHA
Previous Owner $238,000 New Conventional
Previous Owner $212,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $600,000 0.0% --
06/20/2024 06/20/24 Pending -- -- --
06/10/2024 06/10/24 Price Changed $600,000 -4.6% --
05/07/2024 05/07/24 For Sale $629,000 +61.3% --
11/08/2021 11/08/21 Sold $390,000 +4.0% --
08/11/2021 08/11/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $375,000 -- --
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 $9,480 $254,300 $38,300 $216,000
2024 $9,480 $254,300 $38,300 $216,000
2022 $5,824 $155,900 $38,300 $117,600
2021 $5,821 $155,900 $38,300 $117,600
2020 $5,924 $155,900 $38,300 $117,600
2019 $5,863 $155,900 $38,300 $117,600
2018 $5,757 $155,900 $38,300 $117,600
2017 $5,550 $155,900 $38,300 $117,600
2016 $5,363 $155,900 $38,300 $117,600
2015 $5,159 $155,900 $38,300 $117,600
2014 $4,834 $155,900 $38,300 $117,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24013986

New Jersey MLS

APN: 14-00532-0000-00043