NOT LISTED FOR SALE

342 John St East Newark, NJ 07029

Estimated Value: $594,000

6 Beds
4 Baths
-- Sq Ft
2,134 Sq Ft Lot

Last Sold January 29, 2021

Last sale price $545,000

Est. 9% increase in value since last sale

Current estimated payment $3,737/month

11 Days on Market

About This Home

As of January 2021

Excellent investment opportunity in East Newark/Harrison border. Located in a prime location and less than a mile away to Harrison's PATH station. Legal 3 family dwelling with huge potential for the seasoned investor or savvy buyer. Live in one unit and rent the others! All units are 2 bedroom, 1 bath apartments. Fully finished basement with separate utilities and meters. Do not miss this golden opportunity!

Last Agent to Sell the Property

MARTIN

RE/MAX LIFESTYLES License #1328850 Listed on: 06/28/2020

RE/MAX LIFESTYLES

Co-Listed By

Jennifer Romero-DeFeis

RE/MAX LIFESTYLES License #1757521

Last Buyer's Agent

Karla Guevara

CENTURY 21 SEMIAO & ASSOCIATES License #1540026

CENTURY 21 SEMIAO & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,104

Lot Details

  • 2,134

Home Design

  • Aluminum Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 209

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,104

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Multi-Level
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 209
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Finished, Walk-Out
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Total Bedrooms: 6
  • Total Living Rooms: 3
  • Basement Full Bathrooms: 1
  • First Floor Bedrooms: 2
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 950
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 850
  • Third Floor Bedrooms: 2
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: None

Utilities

  • Heating/Cooling: A/C Window, Gas

Lot Info

  • Geo Address Line: 342 John St
  • Geo Primary City: East Newark
  • Geo Quality: 0.95

Tax Info

  • Year: 2019
  • Taxes: 6104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2020
Closed on
Jan 22, 2021
Sold by
Rego Francisco J and Rego Ana B
Bought by
Mancini Michael
Seller's Agent
MARTIN
RE/MAX LIFESTYLES
Buyer's Agent
Karla Guevara
CENTURY 21 SEMIAO & ASSOCIATES
List Price
$539,900
Sold Price
$545,000
Premium/Discount to List
$5,100
0.94%
Current Estimated Value
$594,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,000
Avg. Annual Appreciation
1.80%
Original Mortgage
$436,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 1995
Sold by
Rego Francisco and Rego Carmen
Bought by
Rego Francisco J

Purchase Details

Closed on
Sep 21, 1984
Bought by
Rego Francisco J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mancini Michael $545,000 Afrm Title & Abstract Llc
Mancini Michael $545,000 None Listed On Document
Rego Francisco J $140,000 --
Rego Francisco J $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mancini Michael $436,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $545,000 +0.9% --
07/09/2020 07/09/20 Pending -- -- --
06/28/2020 06/28/20 For Sale $539,900 -- --
Source: Hudson County 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 $7,197 $242,900 $60,800 $182,100
2024 $6,828 $242,900 $60,800 $182,100
2023 $6,828 $242,900 $60,800 $182,100
2022 $6,634 $242,900 $60,800 $182,100
2021 $6,485 $238,700 $60,800 $177,900
2020 $6,223 $238,700 $60,800 $177,900
2019 $6,225 $238,700 $60,800 $177,900
2018 $6,104 $238,700 $60,800 $177,900
2017 $6,049 $238,700 $60,800 $177,900
2016 $5,916 $64,100 $14,100 $50,000
2015 $5,810 $64,100 $14,100 $50,000
2014 $5,842 $64,100 $14,100 $50,000
Source: Public Records

Agents Affiliated with this Home

  • MARTIN

    Seller's Agent in 2021

    MARTIN

    RE/MAX LIFESTYLES

    (201) 640-7246

    203 Total Sales

    MARTIN
    Section Image
  • Jennifer Romero-DeFeis

    Seller Co-Listing Agent in 2021

    Jennifer Romero-DeFeis

    RE/MAX LIFESTYLES

    (201) 486-4679

    174 Total Sales

    Jennifer Romero-DeFeis
    Section Image
  • Karla Guevara

    Buyer's Agent in 2021

    Karla Guevara

    CENTURY 21 SEMIAO & ASSOCIATES

    (201) 233-4712

    52 Total Sales

    Karla Guevara
    Section Image
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Map

Source: Hudson County MLS

MLS Number: 202012206

Hudson County MLS

APN: 02-00009-0000-00016

New Jersey Hudson County East Newark 07029

342 John St, East Newark, NJ

Not Listed for Sale

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Information is deemed reliable but not guaranteed.

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