NOT LISTED FOR SALE

Estimated Value: $912,554 - $1,248,000

-- Bed
3 Baths
7,600 Sq Ft
7,841 Sq Ft Lot

Last Sold December 16, 2022

Last sale price $580,000 $76 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,566/month

162 Days on Market

About This Home

As of December 2022

This is a great opportunity for an investor to purchase approximately 7,600 sq ft. building that is already divided into many rooms and can potentially be rented out for a higher price. With Newark's current growth, this would be a great investment to make. Located in North Newark or Forest Hill section of Newark, this building is in a 1-3 Family/Townhouse zoning district which makes it perfect for an investor looking to make some money. This complex was previously used as a print shop and it's now used for storage, but with the right imagination, it could be turned into something much more profitable.

Last Listed By

Marilyn Rey

KELLER WILLIAMS PROSPERITY REALTY Brokerage Phone: 973-851-6285 Listed on: 06/09/2022

KELLER WILLIAMS PROSPERITY REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,987

Year Renovated

  • 2016

Lot Details

  • 7,841

Parking

  • 1 Car Garage
  • Parking Garage Space

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 7,600 Sq Ft Home
  • Vinyl Flooring
  • Eat-In Kitchen

Home Security

Utilities

  • Window Unit Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1614-00722-0000-00021-0000-
  • Tax Block *

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,987

Year Renovated

2016

Lot Details

0

Parking

1

Listing Details

  • Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built Description: Unknown
  • County Name: Essex
  • Exclusions: Personal Items, some may be negotiable
  • Possible Other Uses: Business/Commercial, Multi-Family
  • Renovated Year: 2016
  • Street Number Display: 32
  • Directions: GPS
  • I D: 5157215
  • Modified: 2023-12-17
  • Number Images: 24
  • First Name: MARILYN
  • First Name3: MARILYN
  • Last Name: REY
  • Last Name3: REY
  • Office Phone: 973-846-0065
  • Office Phone3: 973-846-0065
  • Attribution Contact: 973-851-6285
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2016

Interior Features

  • Flooring: Vinyl-Linoleum
  • Appliances: Carbon Monoxide Detector
  • Number Rooms: 22
  • Bathrooms: 1.20
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Kitchen Area: Eat-In Kitchen
  • Estimated Sq Ft: 7600
  • Phone: 973-846-0065

Exterior Features

  • Exterior Description: Brick, ConcBrd
  • Roof Description: Asphalt Shingle, Flat

Garage/Parking

  • Garage Description: Garage Parking
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural, OilAbIn
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 58X134.3
  • Assessed Improvement Value: 237800
  • Assessed Land Value: 31600
  • Assessment: 269400
  • Easement: Unknown
  • Lot Identifier: 21
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.18

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9987
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00722-0000-00021-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.734
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2024
Sold by
32 Seabury Llc
Bought by
32 Seabury Street Holdings Llc
Total Days on Market
162
Current Estimated Value
$1,037,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$667,626
Interest Rate
6.62%
Mortgage Type
Construction
Estimated Equity
$355,603

Purchase Details

Listed on
Jun 9, 2022
Closed on
Dec 15, 2022
Sold by
Paucar Yorgi
Bought by
32 Seabury Llc
Seller's Agent
Marilyn Rey
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
Marilyn Rey
KELLER WILLIAMS PROSPERITY REALTY
List Price
$615,000
Sold Price
$580,000
Premium/Discount to List
-$35,000
-5.69%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.81%
Original Mortgage
$380,000
Interest Rate
6.58%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 20, 2016
Sold by
Ribes Emil
Bought by
Paucar Yorgi

Purchase Details

Closed on
Sep 28, 1990
Sold by
Ribes Elise
Bought by
Ribes Elise

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
32 Seabury Street Holdings Llc $900,000 Stewart Title
32 Seabury Llc $580,000 --
Paucar Yorgi $120,000 None Available
Ribes Elise $100 --
Ribes Emil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 32 Seabury Street Holdings Llc $675,000
Previous Owner 32 Seabury Llc $380,000
Closed Paucar Yorgi --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $580,000 -5.7% $76 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $615,000 -- $81 / Sq Ft
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 $9,793 $269,400 $31,600 $237,800
2022 $9,815 $269,400 $31,600 $237,800
2021 $9,809 $269,400 $31,600 $237,800
2020 $9,987 $269,400 $31,600 $237,800
2019 $9,882 $269,400 $31,600 $237,800
2018 $9,699 $269,400 $31,600 $237,800
2017 $9,341 $269,400 $31,600 $237,800
2016 $11,847 $344,400 $31,600 $312,800
2015 $11,146 $344,400 $31,600 $312,800
2014 $10,430 $344,400 $31,600 $312,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3787979

Garden State MLS

APN: 14-00722-0000-00021