NOT LISTED FOR SALE

Estimated Value: $643,000 - $770,000

8 Beds
4 Baths
-- Sq Ft
2,500 Sq Ft Lot

Sale Details

Date Sold: July 13, 2023

Last sale price $600,000

Est. 20% increase in value since last sale

Current estimated payment $4,551 / mo

56 Days on Market

About This Home

As of July 2023

Looking for a fantastic investment property in Newark, NJ? Look no further than this stunning 2-family house! With its prime location and exceptional features, this property is the perfect opportunity for investors or anyone looking for a spacious and luxurious home. As you enter the property, you'll be greeted by an inviting foyer that leads to a spacious living area, perfect for relaxing or entertaining guests. The first floor of the house features an open floor plan, with large windows that provide ample natural light and showcase the stunning hardwood floors. The kitchen is a true highlight of the property, with modern appliances, granite countertops, and plenty of space for cooking and storage. The dining area is adjacent to the kitchen, making it the perfect spot for hosting dinner parties or casual meals with family and friends. The second floor of the house features 3 bedrooms and a 2 full bathrooms, all beautifully appointed with plenty of space & natural light.

Last Agent to Sell the Property

Carlos Turner

RE/MAX SELECT - Westfield Listed on: 03/21/2023

RE/MAX SELECT - Westfield

Last Buyer's Agent

David Bistany

Keller Williams City Life Realty

Keller Williams City Life Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,711

Lot Details

  • 2,500 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00033 / 00281

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,711

Lot Details

2,500 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 908-233-9292
  • MLS Status: Sold - Sold
  • Directions: South 8th Street
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 7711.0
  • Tax Block: 00281
  • Tax Lot: 00033

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Jul 20, 2023
Sold by
Bought by
Seller's Agent
Carlos Turner
RE/MAX SELECT - Westfield
Buyer's Agent
David Bistany
Keller Williams City Life Realty
List Price
$495,000
Sold Price
$600,000
Premium/Discount to List
$105,000
21.21%
Views
142
Current Estimated Value
$723,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,000
Avg. Annual Appreciation
6.53%
Original Mortgage
$589,132
Outstanding Balance
$573,269
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$149,731

Purchase Details

Closed on
Jan 2, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,721
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 25, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
8.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.85%

Purchase Details

Closed on
Jun 2, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 13, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 Realsafe Title
$85,000 Main Street Title Agcy Hack
$27,199 First American Title Ins Co
-- None Available
$200,000 --
$385,000 --
$65,000 --
$35,000 --
$22,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $589,132
Previous Owner $275,721
Previous Owner $411,000
Previous Owner $308,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2023 07/13/23 Sold $600,000 +21.2% --
05/16/2023 05/16/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $495,000 0.0% --
04/04/2023 04/04/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $495,000 +1733.3% --
03/30/2012 03/30/12 Sold $27,000 -- -- View Prior Sale
Source: New Jersey MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,849 $206,400 $31,300 $175,100
2024 $7,695 $206,400 $31,300 $175,100
2022 $7,711 $206,400 $31,300 $175,100
2021 $7,707 $206,400 $31,300 $175,100
2020 $7,843 $206,400 $31,300 $175,100
2019 $7,763 $206,400 $31,300 $175,100
2018 $7,622 $206,400 $31,300 $175,100
2017 $7,348 $206,400 $31,300 $175,100
2016 $7,100 $206,400 $31,300 $175,100
2015 $6,830 $206,400 $31,300 $175,100
2014 $6,400 $151,400 $31,300 $120,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23008009

New Jersey MLS

APN: 14-00281-0000-00033

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