Seller's Agent in 2023
Sheila Terrones
Realty Empire, LLC
(973) 653-4800
1 in this area
27 Total Sales
294 Weequahic Ave Newark, NJ 07112
Weequahic Neighborhood
--
Bed
--
Bath
--
Sq Ft
3,920
Sq Ft Lot
About This Home
As of June 2023This home is located at 294 Weequahic Ave, Newark, NJ 07112 and is currently priced at $88,000. This property was built in 1922. 294 Weequahic Ave is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.
Last Agent to Sell the Property
DAVIELIER TURNER
PINNACLE REAL ESTATE Brokerage Phone: 201-868-3100 Listed on: 03/27/2017
Last Buyer's Agent
KEVIN SCHAEFER
UNITED REAL ESTATE
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,289
Year Built
- Built in 1922
Lot Details
- 3,920 Sq Ft Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 10, 2025
Sold by
Iwuanyanwu Chioma and Nwosu Emeka C
Bought by
Iwuanyanwu Chioma
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,822
Outstanding Balance
$452,910
Interest Rate
6.93%
Mortgage Type
FHA
Estimated Equity
-$19,465
Purchase Details
Closed on
Dec 6, 2017
Sold by
Modarelli Dylan
Bought by
Modarelli Holdings Llc
Purchase Details
Listed on
Mar 27, 2017
Closed on
May 31, 2017
Sold by
Sharperson Anthony
Bought by
Modarell Dylan
Seller's Agent
DAVIELIER TURNER
PINNACLE REAL ESTATE
Buyer's Agent
KEVIN SCHAEFER
UNITED REAL ESTATE
List Price
$95,000
Sold Price
$88,000
Premium/Discount to List
-$7,000
-7.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.58%
Original Mortgage
$145,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Sep 15, 2016
Closed on
Oct 14, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sharperson Anthony
Seller's Agent
CARL MENIAM
RE/MAX VILLA REALTORS
Buyer's Agent
CARL MENIAM
RE/MAX VILLA REALTORS
List Price
$44,900
Sold Price
$44,000
Premium/Discount to List
-$900
-2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
269.81%
Purchase Details
Closed on
Dec 1, 2015
Sold by
Banks Marva
Bought by
Federal National Mor
Purchase Details
Closed on
Apr 14, 1999
Sold by
Conti Mortgage
Bought by
Banks Judge and Banks Marva
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,366
Interest Rate
6.85%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $170,751 | Elite Title | |
| Quit Claim Deed | -- | -- | |
| Deed | $88,000 | Vested Land Services Llc | |
| Deed | $44,000 | None Available | |
| Quit Claim Deed | $100 | -- | |
| Deed | $54,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $454,822 | FHA | |
| Previous Owner | $220,924 | FHA | |
| Previous Owner | $145,000 | Purchase Money Mortgage | |
| Previous Owner | $145,000 | Purchase Money Mortgage | |
| Previous Owner | $167,000 | Unknown | |
| Previous Owner | $155,000 | New Conventional | |
| Previous Owner | $13,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $111,129 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $5,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $64,366 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2023 06/27/23 | Sold | $350,000 | -10.3% | -- |
| 12/06/2022 12/06/22 | Pending | -- | -- | -- |
| 11/04/2022 11/04/22 | For Sale | $389,999 | 0.0% | -- |
| 08/25/2022 08/25/22 | Pending | -- | -- | -- |
| 07/28/2022 07/28/22 | For Sale | $389,999 | +343.2% | -- |
| 06/05/2017 06/05/17 | Sold | $88,000 | -7.4% | -- |
| 05/17/2017 05/17/17 | Pending | -- | -- | -- |
| 03/27/2017 03/27/17 | For Sale | $95,000 | +115.9% | -- |
| 11/23/2016 11/23/16 | Sold | $44,000 | -2.0% | -- |
| 10/11/2016 10/11/16 | Pending | -- | -- | -- |
| 09/15/2016 09/15/16 | For Sale | $44,900 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $10,289 | $225,000 | $20,000 | $205,000 |
| 2024 | $10,289 | $276,000 | $20,000 | $256,000 |
| 2022 | $10,311 | $276,000 | $20,000 | $256,000 |
| 2021 | $10,306 | $276,000 | $20,000 | $256,000 |
| 2020 | $5,985 | $157,500 | $20,000 | $137,500 |
| 2019 | $5,924 | $157,500 | $20,000 | $137,500 |
| 2018 | $3,383 | $91,600 | $20,000 | $71,600 |
| 2017 | $3,261 | $91,600 | $20,000 | $71,600 |
| 2016 | $3,151 | $91,600 | $20,000 | $71,600 |
| 2015 | $3,031 | $91,600 | $20,000 | $71,600 |
| 2014 | $2,841 | $91,600 | $20,000 | $71,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
O
Buyer's Agent in 2023
Outside Agent
Outside Office
-
D
Seller's Agent in 2017
DAVIELIER TURNER
PINNACLE REAL ESTATE
-
K
Buyer's Agent in 2017
KEVIN SCHAEFER
UNITED REAL ESTATE
-
Seller's Agent in 2016
CARL MENIAM
RE/MAX
4 Total Sales
Map
Source: Garden State MLS
MLS Number: 3374325
APN: 14-03723-0000-00009
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