NOT LISTED FOR SALE

38 Chestnut St Newark, NJ 07102

South Broad Valley Neighborhood

Estimated Value: $663,097 - $780,000

-- Bed
-- Bath
-- Sq Ft
25 Sq Ft Lot

Last Sold October 11, 2022

Last sale price $550,000

Est. 30% increase in value since last sale

Current estimated payment $4,514/month

22 Days on Market

About This Home

As of October 2022

This home is located at 38 Chestnut St, Newark, NJ 07102 since 20 July 2022 and is currently estimated at $715,274. This property was built in 1900. 38 Chestnut St is a home located in Essex County with nearby schools including Oliver Street School, Lafayette Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

JONAH LAURORE

COLDWELL BANKER REALTY Brokerage Phone: 973-623-1001 Listed on: 07/20/2022

Last Buyer's Agent

ANA PINEDA

WEICHERT REALTORS- QUISPE & ASSOC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,234

Year Built

  • Built in 1900

Lot Details

  • 25 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,234

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Essex
  • I D: 5167420
  • Attribution Contact: 973-623-1001
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25.8X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 30, 2022
Sold by
Pecoraro Charles and Pecoraro Janet
Bought by
Caguana David Guaman
Seller's Agent
JONAH LAURORE
COLDWELL BANKER REALTY
Buyer's Agent
ANA PINEDA
WEICHERT REALTORS- QUISPE & ASSOC
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Current Estimated Value
$715,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,274
Avg. Annual Appreciation
8.94%
Original Mortgage
$412,500
Outstanding Balance
$398,244
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$317,030

Purchase Details

Closed on
Jan 18, 2019
Sold by
Pecoraro Charles
Bought by
Pecoraro Charles and Pecoraro Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2013
Sold by
Lynx Asset Services Llc
Bought by
Pecoraro Charles

Purchase Details

Closed on
Mar 7, 2013
Sold by
Lynx Asset Services
Bought by
Pecoraro Charles

Purchase Details

Closed on
Jul 14, 2011
Sold by
Hilton Shari
Bought by
Lynx Asset Services Llc

Purchase Details

Closed on
Sep 25, 2006
Sold by
White James
Bought by
Hilton Shari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
10.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Caguana David Guaman $550,000 Hometown Title
Pecoraro Charles -- Quality Title & Abstract Age
Pecoraro Charles $225,000 --
Pecoraro Charles $225,000 --
Lynx Asset Services Llc -- None Available
Hilton Shari $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caguana David Guaman $412,500
Previous Owner Pecoraro Charles $285,000
Previous Owner Hilton Shari $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2022 10/11/22 Sold $550,000 +4.8% --
08/11/2022 08/11/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $525,000 -- --
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 $9,234 $247,700 $37,500 $210,200
2024 $9,234 $247,700 $37,500 $210,200
2022 $9,254 $247,700 $37,500 $210,200
2021 $9,249 $247,700 $37,500 $210,200
2020 $9,413 $247,700 $37,500 $210,200
2019 $9,316 $247,700 $37,500 $210,200
2018 $2,005 $54,300 $37,500 $16,800
2017 $1,933 $54,300 $37,500 $16,800
2016 $1,868 $54,300 $37,500 $16,800
2015 $1,797 $54,300 $37,500 $16,800
2014 $1,684 $54,300 $37,500 $16,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    JONAH LAURORE

    COLDWELL BANKER REALTY

  • A

    Buyer's Agent in 2022

    ANA PINEDA

    WEICHERT REALTORS- QUISPE & ASSOC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3797156

Garden State MLS

APN: 14-00885-0000-00032

New Jersey Essex County Newark 07102 South Broad Valley

38 Chestnut St, Newark, NJ

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