NOT LISTED FOR SALE

329 Elizabeth Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $540,000 - $670,376

9 Beds
4 Baths
-- Sq Ft
5,001 Sq Ft Lot

Last Sold June 11, 2024

Last sale price $630,000

Est. 3% increase in value since last sale

Current estimated payment $4,025/month

31 Days on Market

About This Home

As of June 2024

Discover a fantastic home or investment opportunity with this partially occupied 3-family property, showcasing great rental potential and possible subdivision to build 2nd 3 family, buyer must do own due dilligence. Each unit features a spacious layout with an eat-in kitchen, 3 bedrooms, a living room, and a bathroom. Central Air and forced air heating. Currently, Unit 2 is vacant, while Units 1 and 3 are tenant-occupied, Unit 3 was completely renovated in 2023, flaunting shiny wood floors and new kitchen and bathroom finishes. The property's large, partially finished basement, spans the full footprint of the home.. This large versatile space with nice ceiling height includes a bathroom with a shower and a separate unfinished area ideal for potential coin-operated laundry facilities. With parking for 6 to 8 vehicles and its proximity to parks, restaurants, shopping, public transportation, major highways, and NYC, this property is a lucrative investment waiting to be seized.

Last Agent to Sell the Property

Ahmondyllah Cole

Coldwell Banker, Summit Listed on: 01/29/2024

Coldwell Banker, Summit

Last Buyer's Agent

Charbel Solta

Signature Realty NJ LLC

Signature Realty NJ LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,301

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00068 / 03554

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,301

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (908) 522-1800
  • MLS Status: Sold - Sold
  • Directions: Elizabeth Ave.
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Basement Remarks: large finished basement with 1 bed, 1 bath

Exterior Features

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

Utilities

  • Utilities: See Remarks, Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Dimensions: 50X100
  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 5301.0
  • Tax Block: 03554
  • Tax Lot: 00068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Jun 1, 2024
Sold by
Pryce Kathydia
Bought by
Dorval Sergio
Seller's Agent
Ahmondyllah Cole
Coldwell Banker, Summit
Buyer's Agent
Charbel Solta
Signature Realty NJ LLC
List Price
$649,000
Sold Price
$630,000
Premium/Discount to List
-$19,000
-2.93%
Views
22
Current Estimated Value
$648,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,965
Avg. Annual Appreciation
-1.92%
Original Mortgage
$598,500
Outstanding Balance
$591,920
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$24,424

Purchase Details

Closed on
May 9, 2016
Sold by
329 331 Elizabeth Avenue Llc
Bought by
Pryce Kathydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 2015
Sold by
Osborne Leron David
Bought by
Bridge Holdings Llc

Purchase Details

Closed on
Jan 6, 2005
Sold by
205 Abington Ave Corp
Bought by
Osborne Leron David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,793
Interest Rate
7.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 28, 2004
Sold by
Guardia Mercedes
Bought by
205 Abington Avenue Corp

Purchase Details

Closed on
Jun 19, 2003
Sold by
Araujo Elsa
Bought by
Guardia Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.46%
Source: Public Records

Range of Values:

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
Dorval Sergio $630,000 Land Track Title
Pryce Kathydia $350,000 None Available
Bridge Holdings Llc $115,000 --
Osborne Leron David $451,990 --
-- $452,000 --
205 Abington Avenue Corp $270,000 --
Guardia Mercedes $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorval Sergio $598,500
Previous Owner Pryce Kathydia $346,500
Previous Owner Pryce Kathydia $327,581
Previous Owner Pryce Kathydia $343,660
Previous Owner Osborne Leron David $432,691
Previous Owner -- $406,793
Previous Owner -- $406,791
Previous Owner Guardia Mercedes $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $630,000 0.0% --
06/11/2024 06/11/24 Sold $630,000 -2.9% --
02/29/2024 02/29/24 Pending -- -- --
02/23/2024 02/23/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $649,000 0.0% --
01/25/2024 01/25/24 For Sale $649,000 -- --
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 $5,290 $251,900 $16,700 $235,200
2024 $5,290 $141,900 $16,700 $125,200
2023 $5,301 $141,900 $16,700 $125,200
2022 $5,301 $141,900 $16,700 $125,200
2021 $5,299 $141,900 $16,700 $125,200
2020 $5,392 $141,900 $16,700 $125,200
2019 $5,337 $141,900 $16,700 $125,200
2018 $5,240 $141,900 $16,700 $125,200
2017 $5,052 $141,900 $16,700 $125,200
2016 $4,881 $141,900 $16,700 $125,200
2015 $4,695 $141,900 $16,700 $125,200
2014 $4,400 $141,900 $16,700 $125,200
Source: Public Records

Agents Affiliated with this Home

  • Ahmondyllah Cole

    Seller's Agent in 2024

    Ahmondyllah Cole

    Coldwell Banker, Summit

    (908) 522-1800

    4 in this area

    55 Total Sales

    Section Image
  • Charbel Solta

    Buyer's Agent in 2024

    Charbel Solta

    Signature Realty NJ LLC

    (862) 842-9555

    2 in this area

    22 Total Sales

    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 24002816

New Jersey MLS

APN: 14-03554-0000-00068

New Jersey Essex County Newark 07112 Weequahic

329 Elizabeth Ave, Newark, NJ

This home is located at 329 Elizabeth Ave, Newark, NJ 07112 since 29 January 2024 and is currently estimated at $616,344. 329 Elizabeth Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Louise A. Spencer 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.

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

Nearby Homes