NOT LISTED FOR SALE

344 Hobson St Unit 1 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $515,264 - $577,000

3 Beds
3 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold March 29, 2019

Last sale price $270,000

Est. 100% increase in value since last sale

Current estimated payment $3,485/month

95 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Workshop
  • Recreation Room
  • Attic
  • Formal Dining Room

About This Home

As of March 2019

Move in ready. Beautiful Colonial in the Weequahic section of Newark, borderline Hillside. Includes 3 bedrooms, 3 baths, 2 extra bonus rooms, dining room, kitchen with marble island. Fully finished, recently renovated basement is ideal for guest quarters. Features a full bath, laundry room, office, hobby space, recreation room with large walk in closet and storage areas. Huge yard, with its own lot number. Wonderful for outdoor entertainment. Remote access to the garage completes the home. This house is a must see. As is.

Last Agent to Sell the Property

Marilene Oliveira

EXIT REALTY LUCKY ASSOCIATES Listed on: 11/01/2018

EXIT REALTY LUCKY ASSOCIATES

Last Buyer's Agent

WELLINGTON OLIVEIRA

EXP REALTY, LLC

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,312

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • Ceiling Fan
  • Mock Fireplace
  • Blinds
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Workshop
  • Storage Room
  • Laundry Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1614-03721-0000-00078-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,312

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: washer and dryer. Extra $ if interested
  • Directions: PLEASE USE GPS
  • I D: 4849680
  • First Name: MARILENE
  • First Name3: WELLINGTON
  • Last Name: OLIVEIRA
  • Last Name3: OLIVEIRA
  • Office Phone: 973-817-7700
  • Office Phone3: 908-456-0537
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Imitation, Non-Functional, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Sump Pump
  • Interior Amenities: Fire Alarm Sys, Security System, Blinds, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Laundry Room, Workshop, Bath(s) Other, Rec Room
  • Dining Room Level: Ground
  • Dining Area: Formal Dining Room
  • Family Room Level: Basement
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 20x10
  • Kitchen Level: Ground
  • Living Room Dim: 29x16
  • Living Room Level: Ground
  • Other Room 1: Office
  • Other Room1 Dim: 10x13
  • Other Room1 Level: Third
  • Other Room 2: Laundry Room
  • Other Room2 Dim: 13x9
  • Other Room2 Level: Basement
  • Other Room 3: Workshop
  • Other Room3 Dim: 11x9
  • Other Room3 Level: Basement
  • Other Room 4: Rec Room
  • Other Room4 Dim: 10x10
  • Other Room4 Level: Basement
  • Level 1 Rooms: 2 Bedrooms, Bath Main
  • Level 2 Rooms: 1 Bedroom, Attic, Storage Room, Bath(s) Other, RecRoom
  • Ground Level Rooms: Living Room, Dining Room, Kitchen
  • Phone: 973-817-7700

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Window A/C(s), Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Lot Size: 50X103.10
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7312
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03721-0000-00078-0000-
  • Tax Rate Amount: 3.560
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Mar 29, 2019
Sold by
Hayes Darold and Hayes Dianne
Bought by
Brase Philip A
Seller's Agent
Marilene Oliveira
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
WELLINGTON OLIVEIRA
EXP REALTY, LLC
List Price
$329,000
Sold Price
$270,000
Premium/Discount to List
-$59,000
-17.93%
Current Estimated Value
$540,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,816
Avg. Annual Appreciation
10.96%
Original Mortgage
$265,109
Outstanding Balance
$233,078
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$307,738

Purchase Details

Closed on
Aug 15, 1989
Sold by
Hayes Richard and Hayes Rachel
Bought by
Hayes Darold and Hayes Dianne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Brase Philip A -- Old Republic Title
Hayes Darold $110,000 --
Hayes Darold $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brase Philip A $265,109
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $270,000 -17.9% --
02/04/2019 02/04/19 Pending -- -- --
11/01/2018 11/01/18 For Sale $329,000 -- --
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
2025 $7,657 $205,400 $31,300 $174,100
2024 $7,657 $205,400 $31,300 $174,100
2022 $7,674 $205,400 $31,300 $174,100
2021 $7,670 $205,400 $31,300 $174,100
2020 $7,805 $205,400 $31,300 $174,100
2019 $7,725 $205,400 $31,300 $174,100
2018 $7,585 $205,400 $31,300 $174,100
2017 $7,312 $205,400 $31,300 $174,100
2016 $7,066 $205,400 $31,300 $174,100
2015 $6,797 $205,400 $31,300 $174,100
2014 $6,369 $205,400 $31,300 $174,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3513053

Garden State MLS

APN: 14-03721-0000-00078