NOT LISTED FOR SALE

331 Elm St Newark, NJ 07105

Ironbound Neighborhood

Estimated Value: $527,000 - $611,000

3 Beds
2.5 Baths
-- Sq Ft
2,409 Sq Ft Lot

Last Sold May 19, 2022

Last sale price $450,000

Est. 27% increase in value since last sale

Current estimated payment $4,030/month

50 Days on Market

Highlights

  • En-Suite Primary Bedroom
  • Baseboard Heating
  • Rectangular Lot

About This Home

As of May 2022

Residential unit in the heart of the Ironbound section. Property consists of 3 bedrooms 2 and 1/2 bathrooms, one bedroom is a master with bath room. Unfinished basement and driveway.

Last Listed By

James Rosa

Rosa Agency-Ironbound, LLC Listed on: 03/17/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,695

Year Built

  • 1887

Lot Details

  • 2,409 Sq Ft Lot
  • Lot Dimensions are 24.10x100
  • Rectangular Lot

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00031 / 01980

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,695

Year Built

1887

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (973) 589-7550
  • MLS Status: Sold - Sold
  • Directions: Lang st to Elm st.
  • Reso Fireplace Features: None
  • Year Built Details: 1980's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1887

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: Yes
  • Basement Remarks: UNFINISHED

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Brick, Vinyl Siding

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas

Lot Info

  • Lot Dimensions: 24.10x100
  • Lot Size Sq Ft: 2409.0

Tax Info

  • Tax Annual Amount: 6695.0
  • Tax Block: 01980
  • Tax Lot: 00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 16, 2022
Sold by
James Whichard
Bought by
Schwarzer David and Schwarzer Talya
Seller's Agent
James Rosa
Rosa Agency-Ironbound, LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Total Days on Market
50
Current Estimated Value
$571,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,465
Avg. Annual Appreciation
8.29%
Original Mortgage
$360,000
Outstanding Balance
$344,552
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$226,913

Purchase Details

Listed on
Jul 13, 2016
Closed on
Oct 6, 2016
Sold by
Barreiro Margarita and Rios Margarita
Bought by
Whichard James
Seller's Agent
ISABEL M. FERREIRA
REALTY OF AMERICA
Buyer's Agent
ISABEL M. FERREIRA
REALTY OF AMERICA
List Price
$289,900
Sold Price
$293,000
Premium/Discount to List
$3,100
1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$263,700
Interest Rate
3.47%

Purchase Details

Closed on
Mar 5, 2013
Sold by
Rios Margarita
Bought by
Barreiro Margarita and Rios Margarita

Purchase Details

Closed on
Aug 3, 2012
Sold by
Rios Juan and Rios Margarita
Bought by
Rios Margarita

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
Schwarzer David $450,000 Chicago Title
Whichard James $293,000 Simplicity Title Llc
Barreiro Margarita -- None Available
Rios Margarita -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwarzer David $360,000
Previous Owner Whichard James $254,000
Previous Owner Whichard James $232,000
Previous Owner Whichard James $263,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Sold $450,000 +0.2% --
05/06/2022 05/06/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $449,000 +53.2% --
10/15/2016 10/15/16 Sold $293,000 +1.1% --
08/03/2016 08/03/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $289,900 -- --
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 $10,163 $272,600 $71,300 $201,300
2022 $6,583 $176,200 $71,300 $104,900
2021 $6,579 $176,200 $71,300 $104,900
2020 $6,696 $176,200 $71,300 $104,900
2019 $6,627 $176,200 $71,300 $104,900
2018 $6,507 $176,200 $71,300 $104,900
2017 $6,273 $176,200 $71,300 $104,900
2016 $6,061 $176,200 $71,300 $104,900
2015 $5,830 $176,200 $71,300 $104,900
2014 $5,464 $176,200 $71,300 $104,900
Source: Public Records

Agents Affiliated with this Home

  • James Rosa

    Seller's Agent in 2022

    James Rosa

    Rosa Agency-Ironbound, LLC

    (973) 589-7551

    12 in this area

    32 Total Sales

    James Rosa
    Section Image

  • O

    Buyer's Agent in 2022

    Outside Agent

    Outside Office

  • I

    Seller's Agent in 2016

    ISABEL M. FERREIRA

    REALTY OF AMERICA

  • A

    Seller Co-Listing Agent in 2016

    Alex MOSQUERA-MUNOZ

    REALTY OF AMERICA

    (908) 325-5300

    54 Total Sales

    Alex MOSQUERA-MUNOZ
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22008655

New Jersey MLS

APN: 14-01980-0000-00031

New Jersey Essex County Newark 07105 Ironbound

331 Elm St, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 331 Elm St, Newark, NJ 07105 since 17 March 2022 and is currently estimated at $571,465. This property was built in 1887. 331 Elm St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Hawkins Street Elementary School, and Oliver Street 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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