NOT LISTED FOR SALE

311 New York Ave Unit 2 Newark, NJ 07105

Estimated Value: $751,000 - $1,039,000

-- Bed
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold January 13, 2021

Last sale price $640,000

Est. 35% increase in value since last sale

Current estimated payment $6,118/month

12 Days on Market

About This Home

As of January 2021

This home is located at 311 New York Ave Unit 2, Newark, NJ 07105 since 16 August 2020 and is currently estimated at $865,412. This property was built in 1960. 311 New York Ave Unit 2 is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

Last Listed By

DELFA FERMIN

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 201-939-0050 Listed on: 08/16/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,292

Year Built

  • 1960

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,292

Year Built

1960

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 311
  • I D: 5006895
  • Modified: 2022-01-14
  • Number Images: 1
  • Attribution Contact: 201-939-0050
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Lot Info

  • Lot Size: 35X100.5
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2020
Closed on
Dec 18, 2020
Sold by
Teixeira Franclim and Teixeira Rosa Maria
Bought by
Siguencia Franklin R
Seller's Agent
DELFA FERMIN
KELLER WILLIAMS PARK VIEWS
Buyer's Agent
ROBERTA WOISKY
OPTION 1 REALTY GROUP, LLC
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%
Total Days on Market
12
Current Estimated Value
$865,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,412
Avg. Annual Appreciation
7.18%
Original Mortgage
$628,408
Interest Rate
2.6%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 1986
Bought by
Teixeira Franc and Teixeira Rosa

Range of Values:

Collateral Analytics

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ICE

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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
Siguencia Franklin R $640,000 Westcor Land Title Ins Co
Teixeira Franc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siguencia Franklin R $628,408
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $640,000 -1.4% --
08/28/2020 08/28/20 Pending -- -- --
08/16/2020 08/16/20 For Sale $649,000 -- --
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
2024 $15,292 $410,200 $80,000 $330,200
2022 $15,325 $410,200 $80,000 $330,200
2021 $8,107 $217,100 $80,000 $137,100
2020 $8,250 $217,100 $80,000 $137,100
2019 $8,165 $217,100 $80,000 $137,100
2018 $8,018 $217,100 $80,000 $137,100
2017 $7,729 $217,100 $80,000 $137,100
2016 $7,468 $217,100 $80,000 $137,100
2015 $7,184 $217,100 $80,000 $137,100
2014 $6,732 $217,100 $80,000 $137,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    DELFA FERMIN

    KELLER WILLIAMS PARK VIEWS

  • Alfredo Silva

    Seller Co-Listing Agent in 2021

    Alfredo Silva

    KELLER WILLIAMS PARK VIEWS

    (973) 715-4254

    10 in this area

    62 Total Sales

    Alfredo Silva
    Section Image

  • R

    Buyer's Agent in 2021

    ROBERTA WOISKY

    OPTION 1 REALTY GROUP, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3656789

Garden State MLS

APN: 14-00986-0000-00040

New Jersey Essex County Newark 07105

311 New York Ave Unit 2, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 311 New York Ave Unit 2, Newark, NJ 07105 since 16 August 2020 and is currently estimated at $865,412. This property was built in 1960. 311 New York Ave Unit 2 is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

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