NOT LISTED FOR SALE

294 Walnut St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $748,682 - $908,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold December 03, 2021

Last sale price $570,000

Est. 42% increase in value since last sale

Current estimated payment $5,440/month

37 Days on Market

About This Home

As of December 2021

This home is located at 294 Walnut St, Newark, NJ 07105 since 08 September 2021 and is currently estimated at $822,671. This property was built in 1900. 294 Walnut St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

Last Agent to Sell the Property

Mario Espada

RE/MAX SELECT Brokerage Phone: 973-741-3000 Listed on: 09/08/2021

Last Buyer's Agent

Mario Espada

RE/MAX SELECT Brokerage Phone: 973-741-3000 Listed on: 09/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,235

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,235

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Essex
  • Street Number Display: 294
  • I D: 5101745
  • Modified: 2022-12-04
  • Number Images: 1
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Nov 24, 2021
Sold by
Antonio Fornis
Bought by
Araujo Daniel A and Araujo Giuseppina F
Seller's Agent
Mario Espada
RE/MAX SELECT
Buyer's Agent
Mario Espada
RE/MAX SELECT
List Price
$569,000
Sold Price
$570,000
Premium/Discount to List
$1,000
0.18%
Current Estimated Value
$807,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,283
Avg. Annual Appreciation
9.89%
Original Mortgage
$427,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2017
Sold by
Fornis Antonio and Mendez Maria J
Bought by
Fornis Antonio and Lopez Teodoro

Purchase Details

Closed on
Oct 3, 1990
Sold by
Ricciardelli Carmen and Ricciardelli June
Bought by
Fornis A Mendez M and Fornis A Mendez Fornis I
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
Araujo Daniel A $570,000 Paneque Tomas R
Fornis Antonio -- None Available
Fornis A Mendez M $163,000 --
Fornis Antonio $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Araujo Daniel A $427,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $570,000 +0.2% --
10/15/2021 10/15/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $569,000 -- --
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
2025 $12,235 $328,200 $75,000 $253,200
2024 $12,235 $328,200 $75,000 $253,200
2022 $8,731 $233,700 $75,000 $158,700
2021 $8,726 $233,700 $75,000 $158,700
2020 $8,881 $233,700 $75,000 $158,700
2019 $8,789 $233,700 $75,000 $158,700
2018 $8,631 $233,700 $75,000 $158,700
2017 $8,320 $233,700 $75,000 $158,700
2016 $8,039 $233,700 $75,000 $158,700
2015 $7,733 $233,700 $75,000 $158,700
2014 $7,247 $233,700 $75,000 $158,700
Source: Public Records

Agents Affiliated with this Home

  • Mario Espada

    Seller's Agent in 2021

    Mario Espada

    RE/MAX SELECT

    (973) 715-9501

    15 in this area

    55 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3739198

Garden State MLS

APN: 14-00961-0000-00029

New Jersey Essex County Newark 07105 South Ironbound

294 Walnut St, Newark, NJ

This home is located at 294 Walnut St, Newark, NJ 07105 since 08 September 2021 and is currently estimated at $822,671. This property was built in 1900. 294 Walnut St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

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