$825,000
SOLD DEC 31, 2024
6 Beds
5 Baths
-- Sq Ft
5,484 Sq Ft Lot

Recently Sold

3% Above List Price

92 Days on Market

About This Home

As of December 2024

Welcome to this charming two-family home nestled in the 07108 area of Newark. This property presents a fantastic opportunity for both homeowners and investors alike. Built in 2007 each unit offers a spacious layout with 3 bedrooms,2 bathrooms and laundry in-unit ideal for comfortable living. Highlights include a cozy living area perfect for gatherings, and ample natural light that enhances the inviting atmosphere. The property includes a finished full-use basement with Bonus rooms. Enjoy the convenience of a 2 car garage with additional 3-4 parking spaces in a private driveway Home is fully occupied- Tenants are MONTH to MONTH. Don't miss out on this exceptional opportunity to own

Last Agent to Sell the Property

Maria Medina

Realty One Group Legend, Clifton Listed on: 07/22/2024

Realty One Group Legend, Clifton

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,430

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Laundry in unit
  • 5,484 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00001 / 03040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,430

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups, In Unit
  • Co List Office Phone: 973-772-0660
  • MLS Status: Sold - Sold
  • Directions: Off Randolph
  • Architectural Style: 2 Family
  • Year Built Details: 2000's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Basement Remarks: Finished

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5484.0

Tax Info

  • Tax Annual Amount: 10430.0
  • Tax Block: 03040
  • Tax Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Dec 11, 2024
Sold by
Opoku-Ware Nana
Bought by
Barker Magret and Edekin Roseline Magdaline
Seller's Agent
Maria Medina
Realty One Group Legend, Clifton
Buyer's Agent
Outside Agent
Outside Office
List Price
$799,000
Sold Price
$825,000
Premium/Discount to List
$26,000
3.25%
Views
6
Current Estimated Value
$839,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,963
Avg. Annual Appreciation
7.79%
Original Mortgage
$797,465
Outstanding Balance
$792,633
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$78,814

Purchase Details

Closed on
Oct 16, 2007
Sold by
Summit Real Estate Developers Llc
Bought by
Opoku Ware Nana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,155
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Bargain Sale Deed $825,000 Zwiren Title
Deed $414,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $797,465 FHA
Previous Owner $394,155 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $825,000 +3.3% --
10/22/2024 10/22/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $799,000 -- --
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 $10,431 $279,800 $18,100 $261,700
2024 $10,431 $279,800 $18,100 $261,700
2022 $10,453 $279,800 $18,100 $261,700
2021 $10,448 $279,800 $18,100 $261,700
2020 $10,632 $279,800 $18,100 $261,700
2019 $10,523 $279,800 $18,100 $261,700
2018 $10,333 $279,800 $18,100 $261,700
2017 $9,961 $279,800 $18,100 $261,700
2016 $9,625 $279,800 $18,100 $261,700
2015 $9,259 $279,800 $18,100 $261,700
2014 $8,677 $279,800 $18,100 $261,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24024307

New Jersey MLS

APN: 14-03040-0000-00001-02