NOT LISTED FOR SALE

304 Lafayette St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $799,486 - $865,000

8 Beds
4 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold March 09, 2023

Last sale price $650,000

Est. 28% increase in value since last sale

Current estimated payment $5,128/month

14 Days on Market

About This Home

As of March 2023

WOAH!!! THREE FAMILY IN THE HEART OF THE IRONBOUND. This is everything you've been looking for and much more. Tons of potential with three paying tenants and a basement. Come turn this house into a home before someone else does!

Last Agent to Sell the Property

Brendan Da Silva

Keller Williams Realty - NJ Metro Group Listed on: 12/27/2022

Keller Williams Realty - NJ Metro Group

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,013

Lot Details

  • 2,500 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00012 / 01978

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,013

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-783-7400
  • MLS Status: Sold - Sold
  • Directions: Google Maps
  • Architectural Style: 3 Family
  • Year Built Details: Pre 1900,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

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

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 9013.0
  • Tax Block: 01978
  • Tax Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
Feb 27, 2023
Sold by
Policastro Larry
Bought by
304 Lafayette St Llc
Seller's Agent
Brendan Da Silva
Keller Williams Realty - NJ Metro Group
Buyer's Agent
Outside Agent
Outside Office
List Price
$650,000
Sold Price
$650,000
Views
56
Current Estimated Value
$832,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,372
Avg. Annual Appreciation
9.41%
Original Mortgage
$665,000
Outstanding Balance
$644,198
Interest Rate
6.15%
Mortgage Type
Construction
Estimated Equity
$188,174

Purchase Details

Closed on
Dec 7, 2021
Sold by
Larry Policastro
Bought by
Policastro Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2006
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
304 Lafayette St Llc $650,000 Stewart Title Guaranty Company
Policastro Larry -- Rosenberg Pllc
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 304 Lafayette St Llc $665,000
Previous Owner Policastro Larry $338,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2023 03/09/23 Sold $650,000 0.0% --
01/10/2023 01/10/23 Pending -- -- --
12/27/2022 12/27/22 For Sale $650,000 -- --
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 $8,999 $241,400 $75,000 $166,400
2024 $8,999 $241,400 $75,000 $166,400
2022 $9,019 $241,400 $75,000 $166,400
2021 $9,014 $241,400 $75,000 $166,400
2020 $9,173 $241,400 $75,000 $166,400
2019 $9,079 $241,400 $75,000 $166,400
2018 $8,915 $241,400 $75,000 $166,400
2017 $8,594 $241,400 $75,000 $166,400
2016 $8,304 $241,400 $75,000 $166,400
2015 $7,988 $241,400 $75,000 $166,400
2014 $7,486 $241,400 $75,000 $166,400
Source: Public Records

Agents Affiliated with this Home

  • Brendan Da Silva

    Seller's Agent in 2023

    Brendan Da Silva

    Keller Williams Realty - NJ Metro Group

    (201) 926-1190

    6 in this area

    312 Total Sales

    Brendan Da Silva
    Section Image

  • O

    Buyer's Agent in 2023

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 22044105

New Jersey MLS

APN: 14-01978-0000-00012

New Jersey Essex County Newark 07105 South Ironbound

304 Lafayette St, Newark, NJ

Not Listed for Sale

MultiFamily

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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.

Nearby Homes