Seller's Agent in 2023
Martin Block
Keller Williams Town Life
(201) 707-5210
1 in this area
18 Total Sales
383 New St Newark, NJ 07103
University Heights NeighborhoodEstimated Value: $812,000 - $861,000
8
Beds
5.5
Baths
--
Sq Ft
4,918
Sq Ft Lot
About This Home
As of December 20233 FAMILY RENOVATED BRICK HOUSE - COMES WITH (2 - 3 BEDROOMS, 2 FULL BATH ROOMS), (1 - 2 BEDROOM, 1-1/2 BATHROOMS) AND BONUS FAMILY ROOM / DEN. ALL SEPARATE UTILITIES SHORT DISTANCE TO PRUDENTIAL CENTER, NJ PERFORMING ARTS CENTER, PENN STATION AND A FEW BLOCK WALK TO NORFOLK STREET TRAIN STATION. CLOSE TO MAJOR ROUTS 78 1 AND 9 ROUTE 22 , NEW JERSEY TURNPIKE AND MAJOR TRANSPORTATION. CLOSE TO SCHOOLS, SHOPPING AND RESTAURANTS. (FIRST FLOOR APARTMENT HAS 2 BEDROOMS, FAMILY ROOM / DEN, KITCHEN, LIVING ROOM, AND 2 FULL BATHROOMS.) (SECOND FLOOR APARTMENT HAS 3 BEDROOMS, 2 FULL BATHROOMS, KITCHEN, LIVING ROOM, BALCONY.) (THIRD FLOOR APARTMENT HAS 3 BEDROOMS, 2 FULL BATHROOMS, KITCHEN, LIVING ROOM, BALCONY.) THERE ARE 3 BRAND NEW HOT WATER BOILERS FOR EACH APARTMENT, 3 SEPARATE GAS AND ELECTRIC METERS. RENT FOR 1ST FLOOR (OWNER OCCUPIED), 2ND FLOOR $2,000 A MONTH, 3RD FLOOR $2000 A MONTH. GREAT INVESTMENT OPPORTUNITY
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,388
Lot Details
- 4,918
Parking
- 2 Car Garage
Home Design
Bedrooms and Bathrooms
- 8 Bedrooms
Additional Features
- Laundry in unit
- 4,918 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 00048 / 00430
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2023
Closed on
Dec 12, 2023
Sold by
Jf Empire Realty Group Llc
Bought by
Omni 4 Management Llc
Seller's Agent
Martin Block
Keller Williams Town Life
Buyer's Agent
Martin Block
Keller Williams Town Life
List Price
$678,000
Sold Price
$756,000
Premium/Discount to List
$78,000
11.5%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,069
Avg. Annual Appreciation
6.43%
Original Mortgage
$567,000
Outstanding Balance
$558,551
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$280,336
Purchase Details
Listed on
Jan 31, 2023
Closed on
Nov 14, 2023
Sold by
Krah Jeremiah
Bought by
Vemula Trinath
Seller's Agent
Martin Block
Keller Williams Town Life
Buyer's Agent
Martin Block
Keller Williams Town Life
List Price
$678,000
Sold Price
$756,000
Premium/Discount to List
$78,000
11.5%
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Outstanding Balance
$558,551
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$280,336
Purchase Details
Closed on
Aug 29, 2006
Sold by
Lilac Development Grp Llc
Bought by
Krah Jeremiah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 2, 2003
Sold by
Ollie Dolores
Bought by
Lilac Development Group
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Omni 4 Management Llc | -- | None Listed On Document | |
| Vemula Trinath | $756,000 | First American Title | |
| Krah Jeremiah | $540,000 | -- | |
| Lilac Development Group | $20,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vemula Trinath | $567,000 | |
| Previous Owner | Krah Jeremiah | $432,000 | |
| Previous Owner | Krah Jeremiah | $108,000 | |
| Previous Owner | Lilac Development Group Llc | $2,525,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/07/2023 12/07/23 | Sold | $756,000 | -14.9% | -- |
| 07/24/2023 07/24/23 | Pending | -- | -- | -- |
| 02/04/2023 02/04/23 | Price Changed | $888,000 | +12.7% | -- |
| 02/03/2023 02/03/23 | Price Changed | $788,000 | +16.2% | -- |
| 01/31/2023 01/31/23 | For Sale | $678,000 | -- | -- |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $12,347 | $331,200 | $23,900 | $307,300 |
| 2024 | $12,347 | $331,200 | $23,900 | $307,300 |
| 2022 | $12,374 | $331,200 | $23,900 | $307,300 |
| 2021 | $12,367 | $331,200 | $23,900 | $307,300 |
| 2020 | $12,586 | $331,200 | $23,900 | $307,300 |
| 2019 | $12,456 | $331,200 | $23,900 | $307,300 |
| 2018 | $12,231 | $331,200 | $23,900 | $307,300 |
| 2017 | $11,791 | $331,200 | $23,900 | $307,300 |
| 2016 | $11,393 | $331,200 | $23,900 | $307,300 |
| 2015 | $10,959 | $331,200 | $23,900 | $307,300 |
| 2014 | $10,271 | $331,200 | $23,900 | $307,300 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: New Jersey MLS
MLS Number: 23002814
APN: 14-00430-0000-00048
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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