NOT LISTED FOR SALE

361 Parker St Unit 363 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $588,304 - $663,000

5 Beds
3 Baths
-- Sq Ft
5,001 Sq Ft Lot

Last Sold July 16, 2024

Last sale price $575,000

Est. 7% increase in value since last sale

Current estimated payment $3,962/month

64 Days on Market

About This Home

As of July 2024

Step into this captivating Side Hall Colonial, nestled in the historic Forest Hill neighborhood of Newark. Boasting five bedrooms and three full bathrooms, a functional wood burning fireplace and hard wood flooring throughout, this residence exudes charm and character at every turn. Pride of ownership shines through every detail. This home offers plenty of opportunities for personalization and is also in move-in ready condition. With well-maintained features, you'll have the perfect space to bring your vision to life. Close proximity to Branch Brook Park. Enjoy nearby tennis, pickleball, walking/jogging trails, a dog park and a roller-skating rink. Easy access to the light rail leading to Penn Station, for a breezy NYC commute. This home is surrounded by amenities to enhance your lifestyle. From local eateries, houses of worship, shopping and schools, everything you need is within reach. Sold "As IS", Chimney "As Is". Sqft per tax record.

Last Agent to Sell the Property

Sylvia Aquino

Coldwell Banker, Summit Listed on: 03/14/2024

Coldwell Banker, Summit

Last Buyer's Agent

Lasanda Sheppy

Weichert Realtors, Montclair

Weichert Realtors, Montclair

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,648

Lot Details

  • 5,001 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00037 / 00607

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,648

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (201) 592-1400
  • Outside Inclusions: All appliances
  • MLS Status: Sold - Sold
  • Directions: Between 2nd Avenue and Abington Avenue E
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Sidehall
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Primary Bathroom: No
  • Basement Remarks: Bathroom, gameroom, workshop, laundry, utility room

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: Personal items
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Radiant Floor, Steam

Lot Info

  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 8648.0
  • Tax Block: 00607
  • Tax Lot: 00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Jun 27, 2024
Sold by
Hernandez Wilfredo and Hernandez Rebecca
Bought by
Guayan Myriam and Paucar Manuel M
Seller's Agent
Sylvia Aquino
Coldwell Banker, Summit
Buyer's Agent
Lasanda Sheppy
Weichert Realtors, Montclair
List Price
$559,900
Sold Price
$575,000
Premium/Discount to List
$15,100
2.7%
Views
100
Current Estimated Value
$615,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,576
Avg. Annual Appreciation
5.18%
Original Mortgage
$431,250
Outstanding Balance
$425,672
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$189,904

Purchase Details

Closed on
Oct 18, 1993
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hernandez Wilfredo and Hernandez Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.86%

Purchase Details

Closed on
Mar 13, 1993
Sold by
Fontoura Armando B
Bought by
Citicorp Mortbage Inc

Purchase Details

Closed on
Jul 1, 1989
Sold by
Peixinho Jose and Peixinho Vegilia
Bought by
Medina Elias and Medina Felicita
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
Guayan Myriam $575,000 Elite Title
Hernandez Wilfredo $118,000 --
Citicorp Mortbage Inc $100 --
Medina Elias $182,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guayan Myriam $431,250
Previous Owner Hernandez Wilfredo $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2024 07/16/24 Sold $575,000 +2.7% --
05/17/2024 05/17/24 Pending -- -- --
05/12/2024 05/12/24 For Sale $559,900 0.0% --
04/08/2024 04/08/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $559,900 -- --
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 $8,649 $232,000 $67,500 $164,500
2024 $8,649 $232,000 $67,500 $164,500
2023 $8,668 $232,000 $67,500 $164,500
2022 $8,668 $232,000 $67,500 $164,500
2021 $8,663 $232,000 $67,500 $164,500
2020 $8,816 $232,000 $67,500 $164,500
2019 $8,726 $232,000 $67,500 $164,500
2018 $8,568 $232,000 $67,500 $164,500
2017 $8,259 $232,000 $67,500 $164,500
2016 $7,981 $232,000 $67,500 $164,500
2015 $7,677 $232,000 $67,500 $164,500
2014 $7,194 $232,000 $67,500 $164,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24007704

New Jersey MLS

APN: 14-00607-0000-00037