NOT LISTED FOR SALE

297 Lafayette St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $390,886 - $694,000

0.06 Acre
$9,040,717 Price per Acre
2,614 Sq Ft Lot

Last Sold November 17, 2016

Last sale price $235,000

Est. 131% increase in value since last sale

Current estimated payment $3,198/month

61 Days on Market

About This Lot

As of November 2016

This home is located at 297 Lafayette St, Newark, NJ 07105 since 14 April 2016 and is currently estimated at $542,443. 297 Lafayette 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: 04/14/2016

Last Buyer's Agent

ANTONIO ALBUQUERQUE

ROSA AGENCY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,740

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Property Type

Land

Est. Annual Taxes

$2,740

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 4616796
  • Modified: 2017-11-18
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
Nov 17, 2016
Sold by
Espada Mario
Bought by
Property One Two Three Llc
Seller's Agent
Mario Espada
RE/MAX SELECT
Buyer's Agent
ANTONIO ALBUQUERQUE
ROSA AGENCY
List Price
$244,999
Sold Price
$235,000
Premium/Discount to List
-$9,999
-4.08%
Current Estimated Value
$542,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,431
Avg. Annual Appreciation
10.03%
Original Mortgage
$125,000
Outstanding Balance
$103,145
Interest Rate
4.08%
Estimated Equity
$439,298

Purchase Details

Closed on
Sep 30, 2015
Sold by
Alfano Isabelle
Bought by
Espada Mario
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Property One Two Three Llc $235,000 None Available
Espada Mario $171,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Property One Two Three Li Mited Liabil I $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2016 11/17/16 Sold $235,000 -4.1% --
06/14/2016 06/14/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $244,999 -- --
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 $2,740 $73,500 $73,500 --
2024 $2,740 $73,500 $73,500 $0
2022 $2,746 $73,500 $73,500 $0
2021 $2,744 $73,500 $73,500 $0
2020 $2,793 $73,500 $73,500 $0
2019 $2,764 $73,500 $73,500 $0
2018 $2,714 $73,500 $73,500 $0
2017 $2,617 $73,500 $73,500 $0
2016 $2,528 $73,500 $73,500 $0
2015 $2,432 $73,500 $73,500 $0
2014 $5,256 $169,500 $73,500 $96,000
Source: Public Records

Agents Affiliated with this Home

  • Mario Espada

    Seller's Agent in 2016

    Mario Espada

    RE/MAX SELECT

    (973) 715-9501

    15 in this area

    55 Total Sales

    Section Image

  • A

    Buyer's Agent in 2016

    ANTONIO ALBUQUERQUE

    ROSA AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3297894

Garden State MLS

APN: 14-01985-0000-00029

New Jersey Essex County Newark 07105 South Ironbound

297 Lafayette St, Newark, NJ

This home is located at 297 Lafayette St, Newark, NJ 07105 since 14 April 2016 and is currently estimated at $542,443. 297 Lafayette St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street 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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes