NOT LISTED FOR SALE

363 Chestnut St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $681,045 - $870,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold June 24, 2022

Last sale price $640,000

Est. 23% increase in value since last sale

Current estimated payment $4,995/month

63 Days on Market

About This Home

As of June 2022

This home is located at 363 Chestnut St, Newark, NJ 07105 since 31 March 2022 and is currently estimated at $788,011. This property was built in 1929. 363 Chestnut St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

Last Agent to Sell the Property

Nelson Mota

VERIFIED HOMES Brokerage Phone: 973-467-6767 Listed on: 03/31/2022

VERIFIED HOMES

Last Buyer's Agent

Nelson Mota

VERIFIED HOMES Brokerage Phone: 973-467-6767 Listed on: 03/31/2022

VERIFIED HOMES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,410

Year Built

  • Built in 1929

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,410

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Year Built: 1929
  • County Name: Essex
  • Street Number Display: 363
  • I D: 5139831
  • Modified: 2023-06-25
  • Number Images: 1
  • Attribution Contact: 973-467-6767
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X104.9
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jun 24, 2022
Sold by
Antunes Lourenco Alvaro
Bought by
Pereira Jorge and Pereira Ana
Seller's Agent
Nelson Mota
VERIFIED HOMES
Buyer's Agent
Nelson Mota
VERIFIED HOMES
List Price
$599,000
Sold Price
$640,000
Premium/Discount to List
$41,000
6.84%
Current Estimated Value
$788,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,011
Avg. Annual Appreciation
6.73%
Original Mortgage
$456,960
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2021
Sold by
Lourenco Alvaro Antunes and Estate Of Maria Da Conceicao L
Bought by
West Delmar J

Purchase Details

Closed on
Aug 2, 1994
Sold by
Rivera Victor
Bought by
Lourenco Abilio and Lourenco Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.61%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Pereira Jorge $640,000 American Land Title
West Delmar J -- Guardian Title Services Llc
Lourenco Abilio $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pereira Jorge $456,960
Previous Owner Lourenco Abilio $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $640,000 +6.8% --
06/06/2022 06/06/22 Pending -- -- --
04/03/2022 04/03/22 For Sale $599,000 -- --
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 $8,410 $225,600 $71,400 $154,200
2024 $8,410 $225,600 $71,400 $154,200
2022 $8,428 $225,600 $71,400 $154,200
2021 $8,424 $225,600 $71,400 $154,200
2020 $8,573 $225,600 $71,400 $154,200
2019 $8,485 $225,600 $71,400 $154,200
2018 $8,331 $225,600 $71,400 $154,200
2017 $8,031 $225,600 $71,400 $154,200
2016 $7,761 $225,600 $71,400 $154,200
2015 $7,465 $225,600 $71,400 $154,200
2014 $6,996 $225,600 $71,400 $154,200
Source: Public Records

Agents Affiliated with this Home

  • Nelson Mota

    Seller's Agent in 2022

    Nelson Mota

    VERIFIED HOMES

    (973) 277-1646

    8 in this area

    29 Total Sales

    Nelson Mota
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3772498

Garden State MLS

APN: 14-00977-0000-00008

New Jersey Essex County Newark 07105 South Ironbound

363 Chestnut St, Newark, NJ

This home is located at 363 Chestnut St, Newark, NJ 07105 since 31 March 2022 and is currently estimated at $788,011. This property was built in 1929. 363 Chestnut St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

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