NOT LISTED FOR SALE

Estimated Value: $312,000

0.11 Acre
$2,761,062 Price per Acre
4,922 Sq Ft Lot

Last Sold May 13, 2024

Last sale price $188,500

Est. 66% increase in value since last sale

Current estimated payment $2,021/month

186 Days on Market

About This Lot

As of May 2024

BACK ON MARKET! Vacant lot. Owner received the approvals to build a 2 family house on the property, The lot is approved to BUILD a 2 family. Approved plans are available. Paid water connection. Lot is 2500 Great location and great rental or sale. Close to major transportation to New Jersey Transit and Penn Station

Last Agent to Sell the Property

Eyal Levy

Keller Williams Park Views Listed on: 08/18/2023

Keller Williams Park Views

Last Buyer's Agent

Eyal Levy

Keller Williams Park Views Listed on: 08/18/2023

Keller Williams Park Views

Property Details

Property Type

  • Land

Listing and Financial Details

  • Legal Lot and Block 00002 / 03062

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Co List Office Phone: (201) 939-0050
  • MLS Status: Sold - Sold
  • Directions: Wainwright St to Shaw Ave
  • PropertySubTypeAdditional: 2 Family
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Lot Improvements: O/See Remk

Lot Info

  • Zoning Description: Residential

Tax Info

  • Tax Block: 03062
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2025
Sold by
91-93 Chadwick Llc
Bought by
91-93 Chadwick Llc
Current Estimated Value
$312,000

Purchase Details

Listed on
Aug 18, 2023
Closed on
May 9, 2024
Sold by
Pe 38 Shaw St Newark Llc and 38 Shaw Ave Newark Nj Llc
Bought by
91-93 Chadwick Llc
Seller's Agent
Eyal Levy
Keller Williams Park Views
Buyer's Agent
Eyal Levy
Keller Williams Park Views
List Price
$249,000
Sold Price
$188,500
Premium/Discount to List
-$60,500
-24.3%
Views
2200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.31%

Purchase Details

Closed on
Mar 2, 2022
Sold by
Pe 38 Shaw St Newark Llc
Bought by
Pe 38 Shaw St Newark Llc

Purchase Details

Closed on
Apr 26, 2018
Sold by
Pe39 Shaw St Newark Llc
Bought by
Adda Nij Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2015
Sold by
Fontoura Armando B
Bought by
Us Bank Na

Purchase Details

Closed on
Oct 9, 2003
Sold by
Alphonse Marc
Bought by
Fawole Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.98%

Purchase Details

Closed on
Dec 30, 1988
Sold by
City Of Newark Plaintiff
Bought by
Williams Ray and Williams Emma
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

Date Buyer Sale Price Title Company
91-93 Chadwick Llc -- None Listed On Document
91-93 Chadwick Llc $377,000 Westcor Land Title
Pe 38 Shaw St Newark Llc -- Foundation Title
Adda Nij Properties Llc -- --
Us Bank Na $309,076 None Available
Us Bank Na $309,076 None Available
Fawole Raymond $110,000 --
Williams Ray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adda Nij Properties Llc $112,500
Previous Owner Fawole Raymond $99,000
Closed Us Bank Na --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2024 05/13/24 Sold $188,500 -24.3% --
02/20/2024 02/20/24 Pending -- -- --
08/18/2023 08/18/23 For Sale $249,000 -- --
Source: New Jersey MLS

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 -- $26,000 $26,000 --
2024 $4,776 $128,100 $29,000 $99,100
2023 $4,786 $128,100 $29,000 $99,100
2022 $4,786 $128,100 $29,000 $99,100
2021 $4,783 $128,100 $29,000 $99,100
2020 $4,868 $128,100 $29,000 $99,100
2019 $4,818 $128,100 $29,000 $99,100
2018 $4,731 $128,100 $29,000 $99,100
2017 $4,560 $128,100 $29,000 $99,100
2016 $4,407 $128,100 $29,000 $99,100
2015 $4,239 $128,100 $29,000 $99,100
2014 $3,972 $128,100 $29,000 $99,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23025776

New Jersey MLS

APN: 14-03062-0000-00002

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