NOT LISTED FOR SALE

313 New York Ave Unit 315 Newark, NJ 07105

Estimated Value: $670,000 - $957,000

6 Beds
2 Baths
3,126 Sq Ft
$246/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $653,000 $209 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,977/month

17 Days on Market

Highlights

  • 3,520 Sq Ft lot
  • Property is near a park
  • 5-minute walk to Independence Park

About This Home

As of May 2021

Don't miss your opportunity to own a multi family located in the heart of the Ironbound Section of Newark. Close to parks, schools, shopping centers and much more.

Last Listed By

Michael Rosa

Rosa Agency-Ironbound, LLC Listed on: 02/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,041

Year Built

  • 1977

Lot Details

  • 3,520 Sq Ft Lot
  • Irregular Lot

Home Design

  • Built between 1900 - 1939

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Separate Meters
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 071400986 00039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,041

Year Built

1977

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans
  • Views/Exposure: None
  • Year Built: 1900-1939
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 14
  • Fireplace: None
  • Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Full
  • Laundry: None

Exterior Features

  • Waterfront: None
  • Exterior Finish: Aluminum

Garage/Parking

  • Garage: O/See Remk

Utilities

  • Heating: Gas, O/See Remk
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: O/See Rmks, Sep Elec, Sep Gas, Sep Heat, Sep Water
  • Cooling: None, Win/AC

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot: 00039
  • Estimated Lot Sq Ft: 3520
  • Lot Description: Irregular

Tax Info

  • Tax: 8041
  • Assessor Parcel Number: 071400986 00039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
May 12, 2021
Sold by
Vilaromero Manuel and Vila Ana
Bought by
Padilla Angel Padilla and Morocho Carmen Padilla
Seller's Agent
Michael Rosa
Rosa Agency-Ironbound, LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$650,000
Sold Price
$653,000
Premium/Discount to List
$3,000
0.46%
Total Days on Market
17
Current Estimated Value
$770,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,489
Avg. Annual Appreciation
4.22%
Original Mortgage
$641,172
Outstanding Balance
$586,371
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$184,118

Purchase Details

Closed on
May 2, 2013
Sold by
Vilaromero Manuel and Vilaromero Manuel
Bought by
Vilaromero Manuel

Purchase Details

Closed on
Oct 12, 2010
Sold by
Desouza Alexsandro
Bought by
Manuel Vilaromero Manuel and Manuel Vilamaneiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,279
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2007
Sold by
Delson Delima and De Mata Cristina
Bought by
Desouza Alexsandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,500
Interest Rate
6.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 2005
Sold by
Almeida Lus
Bought by
Delima Delson De

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,600
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 3, 2003
Sold by
Oliveira Antonio
Bought by
Almeida Luis and Almeida Ligia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.43%

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 Buyer Sale Price Title Company
Padilla Angel Padilla $653,000 Sunnyside Title
Vilaromero Manuel -- --
Vilaromero Manuel -- --
Manuel Vilaromero Manuel $280,000 Acres Land Title Agency Inc
Desouza Alexsandro $550,000 Chicago Title Insurance Co
Delima Delson De $512,000 --
Almeida Luis $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Angel Padilla $641,172
Previous Owner Vila Ana $280,500
Previous Owner Manuel Vilaromero Manuel $276,279
Previous Owner Desouza Alexsandro $533,500
Previous Owner Delima Delson $409,600
Previous Owner Delima Delson $102,400
Previous Owner Delima Delson $15,000
Previous Owner Almeida Luis $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $653,000 +0.5% $209 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $650,000 -- $208 / 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 $7,970 $213,800 $80,000 $133,800
2022 $7,988 $213,800 $80,000 $133,800
2021 $7,983 $213,800 $80,000 $133,800
2020 $8,124 $213,800 $80,000 $133,800
2019 $8,041 $213,800 $80,000 $133,800
2018 $7,896 $213,800 $80,000 $133,800
2017 $7,611 $213,800 $80,000 $133,800
2016 $7,355 $213,800 $80,000 $133,800
2015 $7,075 $213,800 $80,000 $133,800
2014 $6,630 $213,800 $80,000 $133,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21004492

New Jersey MLS

APN: 14-00986-0000-00039