NOT LISTED FOR SALE

39 Hobson St Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $458,000 - $573,902

-- Bed
-- Bath
-- Sq Ft
27 Sq Ft Lot

Last Sold June 05, 2017

Last sale price $137,000

Est. 308% increase in value since last sale

Current estimated payment $3,582/month

20 Days on Market

About This Home

As of June 2017

This home is located at 39 Hobson St, Newark, NJ 07112 since 19 April 2017 and is currently estimated at $535,226. This property was built in 1994. 39 Hobson St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

Paresh Patel

EXP REALTY, LLC Brokerage Phone: 201-997-4425 Listed on: 04/19/2017

EXP REALTY, LLC

Co-Listed By

CARLOS ALEX JESUS

EXIT GOLDEN REALTY GROUP LLC Brokerage Phone: 201-997-4425

Last Buyer's Agent

Fathi Bashir

BHHS FOX & ROACH

BHHS FOX & ROACH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,293

Year Built

  • Built in 1994

Lot Details

  • 27 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,293

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Year Built: 1994
  • County Name: Essex
  • Street Number Display: 39
  • I D: 4701301
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 201-997-4425
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 27.8X104
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2020
Sold by
Nofal Sohail
Bought by
Henry Ruth
Current Estimated Value
$558,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Outstanding Balance
$333,364
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$201,862

Purchase Details

Listed on
Apr 19, 2017
Closed on
Jun 2, 2017
Sold by
Secretary Housing Urban Development
Bought by
Nofal Sohail
Seller's Agent
Paresh Patel
EXP REALTY, LLC
Buyer's Agent
Fathi Bashir
BHHS FOX & ROACH
List Price
$120,000
Sold Price
$137,000
Premium/Discount to List
$17,000
14.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.13%

Purchase Details

Closed on
Dec 14, 2016
Sold by
Everbank
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jun 20, 2012
Sold by
Jaco Carlos M
Bought by
Everbank

Purchase Details

Closed on
Oct 27, 2003
Sold by
Seales Percey
Bought by
Jaco Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,049
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 1994
Sold by
Amer Dream Homes
Bought by
Seales Percy and Seales Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.49%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Henry Ruth $380,000 Old Republic National
Nofal Sohail $137,000 Commonwealth Land Title Insc
Secretary Of Hud -- None Available
Everbank -- None Available
Jaco Carlos $191,000 --
Seales Percy $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Ruth $86,050
Open Henry Ruth $373,117
Previous Owner Jaco Carlos $188,049
Previous Owner Seales Percy $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2017 06/05/17 Sold $137,000 +14.2% --
05/09/2017 05/09/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $120,000 -- --
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 $6,293 $168,800 $26,600 $142,200
2024 $6,293 $168,800 $26,600 $142,200
2022 $6,306 $168,800 $26,600 $142,200
2021 $6,303 $168,800 $26,600 $142,200
2020 $6,414 $168,800 $26,600 $142,200
2019 $6,349 $168,800 $26,600 $142,200
2018 $6,234 $168,800 $26,600 $142,200
2017 $6,009 $168,800 $26,600 $142,200
2016 $5,807 $168,800 $26,600 $142,200
2015 $5,586 $168,800 $26,600 $142,200
2014 $5,234 $168,800 $26,600 $142,200
Source: Public Records

Agents Affiliated with this Home

  • Paresh Patel

    Seller's Agent in 2017

    Paresh Patel

    EXP REALTY, LLC

    (201) 952-1432

    12 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2017

    CARLOS ALEX JESUS

    EXIT GOLDEN REALTY GROUP LLC

  • F

    Buyer's Agent in 2017

    Fathi Bashir

    BHHS FOX & ROACH

    (732) 494-7677

    17 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3380364

Garden State MLS

APN: 14-03065-0000-00047

New Jersey Essex County Newark 07112 Weequahic

39 Hobson St, Newark, NJ

This home is located at 39 Hobson St, Newark, NJ 07112 since 19 April 2017 and is currently estimated at $535,226. This property was built in 1994. 39 Hobson St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Peshine Avenue Elementary School.

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