NOT LISTED FOR SALE

386 New St Newark, NJ 07103

University Heights Neighborhood

Estimated Value: $697,137 - $857,000

Studio
-- Bath
-- Sq Ft
2,178 Sq Ft Lot Lot

Sale Details

Date Sold: April 22, 2022

Last sale price $550,000

Est. 44% increase in value since last sale

Current estimated payment $5,238 / mo

23 Days on Market

About This Home

As of April 2022

This home is located at 386 New St, Newark, NJ 07103 since 25 January 2022 and is currently estimated at $792,284. This property was built in 2006. 386 New St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

Augusto Verissimo

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000 Listed on: 01/25/2022

WEICHERT REALTORS - HOME CITY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Year Built: 2006
  • County Name: Essex
  • I D: 5125755
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X72.6
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Apr 22, 2022
Sold by
Ezema Gerald U and Ezema Joy N
Bought by
Pierre David and Pierre Dorothy
Seller's Agent
Augusto Verissimo
WEICHERT REALTORS - HOME CITY
List Price
$539,900
Sold Price
$550,000
Premium/Discount to List
$10,100
1.87%
Current Estimated Value
$792,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,284
Avg. Annual Appreciation
9.46%
Original Mortgage
$412,500
Outstanding Balance
$390,795
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$401,489

Purchase Details

Closed on
Sep 30, 2010
Sold by
Lynx Asset Services L L C
Bought by
Ezema Gerald U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,940
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2010
Sold by
Santos Maria
Bought by
Lynx Asset Services Llc

Purchase Details

Closed on
Sep 29, 2006
Sold by
Villani Ralph
Bought by
Santos Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 5, 2003
Sold by
Gerson Philip
Bought by
Villani Ralph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Pierre David $550,000 New Title Company Name
Ezema Gerald U $155,000 None Available
Lynx Asset Services Llc -- None Available
Santos Maria $465,000 --
Villani Ralph $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierre David $412,500
Previous Owner Ezema Gerald U $152,940
Previous Owner Santos Maria $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $550,000 +1.9% --
02/17/2022 02/17/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $539,900 -- --
Source: Garden State 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 $12,459 $327,600 $18,600 $309,000
2024 $12,213 $327,600 $18,600 $309,000
2022 $7,173 $192,000 $18,600 $173,400
2021 $7,169 $192,000 $18,600 $173,400
2020 $7,296 $192,000 $18,600 $173,400
2019 $7,221 $192,000 $18,600 $173,400
2018 $7,091 $192,000 $18,600 $173,400
2017 $6,835 $192,000 $18,600 $173,400
2016 $6,605 $192,000 $18,600 $173,400
2015 $6,353 $192,000 $18,600 $173,400
2014 $5,954 $192,000 $18,700 $173,300
Source: Public Records

Agents Affiliated with this Home

  • Augusto Verissimo

    Seller's Agent in 2022

    Augusto Verissimo

    WEICHERT REALTORS - HOME CITY

    (973) 420-5317

    3 in this area

    218 Total Sales

    Augusto Verissimo
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Map

Source: Garden State MLS

MLS Number: 3760827

Garden State MLS

APN: 14-01838-0000-00033

New Jersey Essex County Newark 07103 University Heights

386 New St, Newark, NJ

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