NOT LISTED FOR SALE

Estimated Value: $753,000 - $925,000

6 Beds
4 Baths
3,669 Sq Ft
$222/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $705,000 $192 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,280/month

18 Days on Market

Highlights

  • Living Room
  • Central Air
  • Dining Room

About This Home

As of March 2023

Rare opportunity to live and/or invest in this legal 3-Family home in the heart of the Forest Hills section of Newark. 4, 4, and 3 Rooms along with a full finished walk-out basement. Close to schools, shopping, and all forms of transportation.

Last Agent to Sell the Property

JACQUES PAPANIKOLAOU

COLDWELL BANKER REALTY License #0566961 Listed on: 02/03/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,005

Lot Details

  • 2,483

Home Design

  • Aluminum Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 12 / 557
  • Assessor Parcel Number 9496

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,005

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Multi-Level
  • Exclusions: Personal Property
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 9496
  • 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 Other Rooms: 2
  • Total Dining Rooms: 3
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • Basement Full Bathrooms: 1
  • Basement Other Rooms: 2
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1400
  • Second Floor Bedrooms: 2
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1600
  • Third Floor Bedrooms: 2
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 1550
  • Fl1 Rooms: 5
  • Fl2 Rooms: 5
  • Fl3 Rooms: 5

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: Other-See Remarks

Utilities

  • Heating/Cooling: A/C Central, A/C Window, Gas

Lot Info

  • Geo Address Line: 358 Clifton Ave
  • Geo Primary City: Newark
  • Geo Quality: 0.95
  • Geo Update Timestamp: 02/04/2023
  • Geo Zoom Level: 16
  • Lot: 12

Tax Info

  • Year: 2022
  • Taxes: 10005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 29, 2023
Sold by
Sloan Ishaq
Bought by
Zaruma Vera Monica
Seller's Agent
JACQUES PAPANIKOLAOU
COLDWELL BANKER REALTY
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$699,000
Sold Price
$705,000
Premium/Discount to List
$6,000
0.86%
Views
51
Current Estimated Value
$816,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,335
Avg. Annual Appreciation
5.63%
Original Mortgage
$493,500
Outstanding Balance
$441,729
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$362,802

Purchase Details

Listed on
Oct 26, 2019
Closed on
Jan 31, 2020
Sold by
Ferreira Lino M and Ferreira Maria M
Bought by
Sloan Ishaq
Seller's Agent
MAELLE PARCHMENT
SKY REALTY ASSOCIATES
Buyer's Agent
TANYA BRYSON
WEICHERT REALTORS
List Price
$480,000
Sold Price
$445,000
Premium/Discount to List
-$35,000
-7.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%

Purchase Details

Closed on
Dec 8, 2004
Sold by
Orellana Felix
Bought by
Ferreira Lino

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
5.63%

Purchase Details

Closed on
Jun 6, 1996
Sold by
Gravato Isaura L
Bought by
Orellana Felix O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.98%
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
Zaruma Vera Monica $705,000 None Listed On Document
Sloan Ishaq $445,000 None Available
Ferreira Lino $280,000 --
Orellana Felix O $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaruma Vera Monica $493,500
Previous Owner Ferreira Lino M $70,000
Previous Owner Ferreira Lino $224,000
Previous Owner Orellana Felix O $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $705,000 +0.9% $192 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $699,000 +57.1% $191 / Sq Ft
02/03/2020 02/03/20 Sold $445,000 -7.3% $121 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
10/26/2019 10/26/19 For Sale $480,000 -- $131 / Sq Ft
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 $9,984 $267,800 $37,500 $230,300
2024 $9,984 $267,800 $37,500 $230,300
2022 $10,005 $267,800 $37,500 $230,300
2021 $10,000 $267,800 $37,500 $230,300
2020 $6,380 $167,900 $37,500 $130,400
2019 $6,315 $167,900 $37,500 $130,400
2018 $6,201 $167,900 $37,500 $130,400
2017 $5,977 $167,900 $37,500 $130,400
2016 $5,776 $167,900 $37,500 $130,400
2015 $5,556 $167,900 $37,500 $130,400
2014 $5,207 $167,900 $37,500 $130,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 230001991

Hudson County MLS

APN: 14-00557-0000-00012