$650,000
SOLD JAN 14, 2025

303 Hobson St Newark, NJ 07112

Weequahic Neighborhood
-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Recently Sold

3% Below List Price

267 Days on Market

About This Home

As of January 2025

This home is located at 303 Hobson St, Newark, NJ 07112 and is currently priced at $650,000. This property was built in 1932. 303 Hobson St 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

MARSHA OLIVER

UNITED REAL ESTATE Brokerage Phone: 973-253-2800 Listed on: 03/12/2024

Co-Listed By

LISA CLARKE

UNITED REAL ESTATE Brokerage Phone: 973-253-2800

Last Buyer's Agent

Juan Santos-Valdez

VORO NJ LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,739

Year Built

  • Built in 1932

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,739

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Year Built: 1932
  • County Name: Essex
  • I D: 5274961
  • Attribution Contact: 973-253-2800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 41X101
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Jan 10, 2025
Sold by
Clarke Chanel Deanna
Bought by
303 Hobson St Llc
Seller's Agent
MARSHA OLIVER
UNITED REAL ESTATE
Buyer's Agent
Juan Santos-Valdez
VORO NJ LLC
List Price
$670,000
Sold Price
$650,000
Premium/Discount to List
-$20,000
-2.99%
Views
56
Current Estimated Value
$656,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,234
Avg. Annual Appreciation
1.14%
Original Mortgage
$630,000
Outstanding Balance
$625,523
Interest Rate
6.69%
Mortgage Type
Construction
Estimated Equity
$30,711

Purchase Details

Closed on
Jan 12, 2022
Sold by
Durante and Jennifer
Bought by
Clarke Chanel Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,467
Interest Rate
3.22%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2019
Sold by
North Star Investors Llc
Bought by
Durante Angelo and Cardone-Durnate Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,600
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2018
Closed on
Sep 13, 2018
Sold by
Cespedes Cristhian
Bought by
North Star Investors Llc
Seller's Agent
JACK QIZHAN YAO
REALMART REALTY
Buyer's Agent
DAVID E. LEONG
KELLER WILLIAMS TEAM REALTY
List Price
$310,000
Sold Price
$305,000
Premium/Discount to List
-$5,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2016
Sold by
Hobson Bing Llc
Bought by
Cespedes Cristhian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.57%

Purchase Details

Closed on
Aug 28, 2012
Sold by
Parker Brenda G
Bought by
Hobson Bing Llc
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 Type Sale Price Title Company
Deed $650,000 None Listed On Document
Deed $487,000 Stewart Title Guaranty Company
Deed -- Main Street Title & Escrow
Deed $305,000 --
Deed $270,000 --
Bargain Sale Deed $90,528 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $630,000 Construction
Previous Owner $512,467 FHA
Previous Owner $262,600 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2025 01/14/25 Sold $650,000 -3.0% --
12/04/2024 12/04/24 Pending -- -- --
11/25/2024 11/25/24 For Sale $670,000 0.0% --
10/16/2024 10/16/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $670,000 +119.7% --
09/13/2018 09/13/18 Sold $305,000 -1.6% -- View Prior Sale
06/27/2018 06/27/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $310,000 -- --
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 $12,739 $341,700 $20,100 $321,600
2024 $12,739 $341,700 $20,100 $321,600
2022 $10,588 $283,400 $20,100 $263,300
2021 $10,582 $283,400 $20,100 $263,300
2020 $10,769 $283,400 $20,100 $263,300
2019 $10,659 $283,400 $20,100 $263,300
2018 $10,466 $283,400 $20,100 $263,300
2017 $10,089 $283,400 $20,100 $263,300
2016 $9,749 $283,400 $20,100 $263,300
2015 $9,378 $283,400 $20,100 $263,300
2014 $8,788 $283,400 $20,100 $263,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    MARSHA OLIVER

    UNITED REAL ESTATE

  • L

    Seller Co-Listing Agent in 2025

    LISA CLARKE

    UNITED REAL ESTATE

  • Juan Santos-Valdez

    Buyer's Agent in 2025

    Juan Santos-Valdez

    VORO NJ LLC

    (201) 966-0620

    1 in this area

    16 Total Sales

    Juan Santos-Valdez
    Section Image

  • J

    Seller's Agent in 2018

    JACK QIZHAN YAO

    REALMART REALTY

  • D

    Buyer's Agent in 2018

    DAVID E. LEONG

    KELLER WILLIAMS TEAM REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3890435

Garden State MLS

APN: 14-03724-02-00055

New Jersey Essex County Newark 07112 Weequahic

303 Hobson St, Newark, NJ

Sold

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