NOT LISTED FOR SALE

Estimated Value: $803,812

3 Beds
2 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold January 18, 2024

Last sale price $725,000

Est. 11% increase in value since last sale

Current estimated payment $4,358/month

About This Home

As of March 2024

Introducing a stunning rental opportunity in the highly sought-after Fairmont section of Newark, New Jersey. This brand new building offers a luxurious living experience, and we are thrilled to present an available apartment that is sure to exceed your expectations.This spacious unit boasts three bedrooms and two bathrooms,backyard access, providing ample space for comfortable living. The apartment is equipped with a washer and dryer hook up, ensuring convenience and ease in your daily routine. The kitchen features brand new appliances, adding a touch of modernity to the space. Additionally, there is an attic space available for seasonal storage, allowing you to keep your belongings organized and easily accessible.The location of this rental is truly unbeatable. With the Garden State Parkway in close proximity, commuting to other parts of New Jersey is a breeze. Don't miss out on this incredible opportunity to make this beautiful apartment your new home.

Last Agent to Rent the Property

Ana Montanez

Lifestyle International Realty Listed on: 01/21/2024

Lifestyle International Realty

Last Renter's Agent

Ana Montanez

Lifestyle International Realty Listed on: 01/21/2024

Lifestyle International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,167

Year Built

  • 2023

Lot Details

  • 2,483

Home Design

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Community Details

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,167

Year Built

2023

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: Gas Dryer Hookup, In Unit
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Heat, Microwave, Ov/Rang/Gs, Refrigerator, Water
  • Reso Association Amenities: None
  • Reso Pets Allowed: Pets Conditional, Yes, O/See Rmks
  • Co List Office Phone: (732) 943-4908
  • MLS Status: Leased - Leased
  • Directions: South Orange Avenue to South 9th Street
  • Reso Fireplace Features: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2023

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: Yes

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Gas
  • Heating: Natural Gas

Lot Info

  • Lot: 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2024
Closed on
Jan 18, 2024
Sold by
Brick City Dev Corporation
Bought by
Ajayi Joanna A
Seller's Agent
Ana Montanez
Lifestyle International Realty
Buyer's Agent
Ana Montanez
Lifestyle International Realty
Views
9
Current Estimated Value
$803,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$711,868
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2021
Sold by
Invest Newark
Bought by
Brick City Development Llc

Purchase Details

Closed on
Jan 8, 2021
Sold by
City Of Newark
Bought by
Invest Newark

Purchase Details

Closed on
Dec 7, 2007
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
Ajayi Joanna A $725,000 None Listed On Document
Brick City Development Llc $90,000 None Listed On Document
Invest Newark -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajayi Joanna A $711,868
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Rented $2,800 0.0% --
01/21/2024 01/21/24 For Rent $2,800 0.0% --
01/18/2024 01/18/24 Sold $725,000 -3.3% --
05/25/2023 05/25/23 Pending -- -- --
05/25/2023 05/25/23 Price Changed $750,000 +3.4% --
05/23/2023 05/23/23 For Sale $725,000 -- --
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 $1,167 $450,900 $31,300 $419,600
2024 $1,167 $450,900 $31,300 $419,600
2022 $0 $31,300 $31,300 $0
2021 $0 $31,300 $31,300 $0
2020 $0 $31,300 $31,300 $0
2019 $0 $31,300 $31,300 $0
2018 $0 $31,300 $31,300 $0
2017 $0 $31,300 $31,300 $0
2016 $0 $31,300 $31,300 $0
2015 -- $31,300 $31,300 $0
2014 -- $31,300 $31,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24002047

New Jersey MLS

APN: 14-00282-0000-00006