NOT LISTED FOR SALE

Estimated Value: $542,000 - $824,308

10 Beds
6 Baths
-- Sq Ft
5,950 Sq Ft Lot

Last Sold November 17, 2021

Last sale price $515,000

Est. 39% increase in value since last sale

Current estimated payment $4,977/month

34 Days on Market

About This Home

As of November 2021

Great investment opportunity, large four family home. This property is ideal for an investor or owner occupant. Close to all Major Transportation, Close to Stores , Restaurant, & Schools. There are four separate boilers, water heaters & electric panels. In the basement there is a washer & dryer and storage units for each tenant. Shared Driveway that leads to 5 Parking Spaces in the back of the Property. 3 units are month to month, 1 unit is a year lease. HIGEST & BEST OFFER BY WEDNESDAY 9/15/21 AT 5:00PM

Last Agent to Sell the Property

Chad Gayle

Keller Williams Realty Westfield Listed on: 09/07/2021

Keller Williams Realty Westfield

Last Buyer's Agent

Chad Gayle

Keller Williams Realty Westfield Listed on: 09/07/2021

Keller Williams Realty Westfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,707

Lot Details

  • 5,950

Home Design

Bedrooms and Bathrooms

  • 10 Bedrooms

Additional Features

  • Laundry in Basement
  • 5,950 Sq Ft Lot

Community Details

  • Coin Laundry

Listing and Financial Details

  • Legal Lot and Block 00005 / 03040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,707

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Coin/Card
  • Co List Office Phone: 908-233-8502
  • MLS Status: Sold - Sold
  • Directions: Exit 143 on GS Parkway, Left on Springfield ave, Right on Clinton ave, Right on Clinton Place. Use GPS
  • Architectural Style: 4 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 10

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 5950.0

Tax Info

  • Tax Annual Amount: 6707.0
  • Tax Block: 03040
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Dec 2, 2021
Sold by
34 36 Clinton Place Llc
Bought by
34 Clinton Pl Llc
Seller's Agent
Chad Gayle
Keller Williams Realty Westfield
Buyer's Agent
Chad Gayle
Keller Williams Realty Westfield
List Price
$435,000
Sold Price
$515,000
Premium/Discount to List
$80,000
18.39%
Current Estimated Value
$715,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,077
Avg. Annual Appreciation
9.19%
Original Mortgage
$568,000
Outstanding Balance
$524,753
Interest Rate
3.14%
Mortgage Type
Construction
Estimated Equity
$193,990

Purchase Details

Listed on
Sep 7, 2021
Closed on
Nov 16, 2021
Sold by
Pierre Alphonse Josette and Pierre Josette
Bought by
34 36 Clinton Place Llc
Seller's Agent
Chad Gayle
Keller Williams Realty Westfield
Buyer's Agent
Chad Gayle
Keller Williams Realty Westfield
List Price
$435,000
Sold Price
$515,000
Premium/Discount to List
$80,000
18.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Outstanding Balance
$524,753
Interest Rate
3.14%
Mortgage Type
Construction
Estimated Equity
$193,990

Purchase Details

Closed on
Jan 28, 2005
Sold by
Corwn Estate Llc
Bought by
Pierre Josette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,515
Interest Rate
1%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2003
Sold by
City Of Newark
Bought by
Crown Estate Llc

Purchase Details

Closed on
Feb 13, 1989
Sold by
Manning Doris G
Bought by
Williams Ethelia E
Source: Public Records

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
34 Clinton Pl Llc $620,000 Dekel Abstract Llc
34 36 Clinton Place Llc $515,000 Dekel Abstract Llc
Pierre Josette $355,000 --
Crown Estate Llc $44,000 --
Williams Ethelia E $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 34 Clinton Pl Llc $568,000
Previous Owner Pierre Alphonse Josette L $382,500
Previous Owner Pierre Josette $349,515
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $515,000 +18.4% --
10/11/2021 10/11/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $435,000 -- --
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 $13,070 $176,500 $20,300 $156,200
2024 $13,070 $176,500 $20,300 $156,200
2022 $6,594 $176,500 $20,300 $156,200
2021 $6,591 $176,500 $20,300 $156,200
2020 $6,707 $176,500 $20,300 $156,200
2019 $6,638 $176,500 $20,300 $156,200
2018 $6,518 $176,500 $20,300 $156,200
2017 $6,283 $176,500 $20,300 $156,200
2016 $6,072 $176,500 $20,300 $156,200
2015 $5,840 $176,500 $20,300 $156,200
2014 $5,473 $176,500 $20,300 $156,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21036185

New Jersey MLS

APN: 14-03040-0000-00005