NOT LISTED FOR SALE

309 Adams St Unit 311 Newark, NJ 07105

Estimated Value: $868,000 - $1,135,000

9 Beds
6 Baths
4,976 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $859,900 $173 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,488/month

45 Days on Market

Highlights

  • 3,672 Sq Ft lot
  • Central Air
  • Rectangular Lot
  • Attached Garage

About This Home

As of May 2021

WELCOME TO THIS RARE INVESTMENT OPPORTUNITY !!! Newer large three-family home in excellent condition located in the desirable section of the Ironbound, features Kitchen, living room/Dining room, three spacious bedrooms per apartment and two full baths in-unit laundry room hardwood floors throughout lots of Storage space. Brick front with Balconies, built-in two-car garage, and driveway for two cars, plus extra driveway to the paved backyard, corner lot with a privacy fence, Near recreation Parks, Public transportation, and all major Highways. High rental income

Last Agent to Sell the Property

Augusto Verissimo

Weichert Home City Realty Listed on: 12/11/2020

Weichert Home City Realty

Last Buyer's Agent

Michael Rosa

Rosa Agency-Ironbound, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,972

Year Built

  • 2003

Lot Details

  • 3,672 Sq Ft Lot
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Built in the 2000s
  • Brick Exterior Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry in unit

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 071400955 000010001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,972

Year Built

2003

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 3 Family
  • Lifestyle: None
  • Views/Exposure: None
  • Year Built: 2000's
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 17
  • Fireplace: None
  • Bedrooms: 9
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement: None
  • Laundry: In Unit

Exterior Features

  • Waterfront: None
  • Exterior Finish: Brick, Vinyl

Garage/Parking

  • Garage: Attached

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: O/See Rmks
  • Cooling: Central Air

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot: 00001
  • Estimated Lot Sq Ft: 3672
  • Lot Suffux: 0001
  • Lot Description: Regular

Tax Info

  • Tax: 13972
  • Assessor Parcel Number: 071400955 000010001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Lima Rogerio
Bought by
Lima Rogerio and Davi Fabiane
Total Days on Market
45
Current Estimated Value
$1,004,965

Purchase Details

Listed on
Dec 11, 2020
Closed on
May 14, 2021
Sold by
Silva Luis M and Silva Valdirene D
Bought by
Lima Rogerio
Seller's Agent
Augusto Verissimo
Weichert Home City Realty
Buyer's Agent
Michael Rosa
Rosa Agency-Ironbound, LLC
List Price
$859,900
Sold Price
$859,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$687,920
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2010
Sold by
Sparrow Ingrid and Connelly Ingrid
Bought by
Silva Luis M and Silva Valdirene D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,811
Interest Rate
4.78%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 2003
Sold by
Gomes Development Inc
Bought by
Connelly Ingrid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Interest Rate
5.91%
Source: Public Records

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Lima Rogerio -- None Listed On Document
Lima Rogerio $859,900 Ats Title Agency Inc
Silva Luis M $515,000 Guardian Title Services Llc
Connelly Ingrid $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lima Rogerio $687,920
Previous Owner Silva Luis M $497,811
Previous Owner Connelly Ingrid $463,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $859,900 0.0% $173 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $859,900 -- $173 / Sq Ft
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
2024 $13,850 $371,500 $75,000 $296,500
2022 $13,879 $371,500 $75,000 $296,500
2021 $13,872 $371,500 $75,000 $296,500
2020 $14,117 $371,500 $75,000 $296,500
2019 $13,972 $371,500 $75,000 $296,500
2018 $13,720 $371,500 $75,000 $296,500
2017 $13,225 $371,500 $75,000 $296,500
2016 $12,780 $371,500 $75,000 $296,500
2015 $12,293 $371,500 $75,000 $296,500
2014 $11,520 $371,500 $75,000 $296,500
Source: Public Records

Agents Affiliated with this Home

  • Augusto Verissimo

    Seller's Agent in 2021

    Augusto Verissimo

    Weichert Home City Realty

    (973) 420-5317

    90 in this area

    216 Total Sales

    Augusto Verissimo
    Section Image
  • Michael Rosa

    Buyer's Agent in 2021

    Michael Rosa

    Rosa Agency-Ironbound, LLC

    (908) 289-5200

    31 in this area

    133 Total Sales

    Michael Rosa
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 20051299

New Jersey MLS

APN: 14-00955-0000-00001-01

New Jersey Essex County Newark 07105

309 Adams St Unit 311, Newark, NJ

This home is located at 309 Adams St Unit 311, Newark, NJ 07105 since 11 December 2020 and is currently estimated at $1,004,965, approximately $201 per square foot. This property was built in 2003. 309 Adams St Unit 311 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.

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.

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