NOT LISTED FOR SALE

39 Searing Ave East Newark, NJ 07029

Estimated Value: $823,568 - $916,000

8 Beds
3 Baths
-- Sq Ft
2,405 Sq Ft Lot

Last Sold October 03, 2023

Last sale price $775,000

Est. 12% increase in value since last sale

Current estimated payment $5,797/month

15 Days on Market

About This Home

As of October 2023

Large two family house with two generously sized apartments with 8 bedrooms and 3 full bath. 18 min walk to the Harrison PATH station, Red Bulls Stadium and redevelopment area. utilities are all separate. 3 Parking spaces in the back of the property. Close to public transportation, schools, parks, and shopping. Large finished above ground basement perfect for family events with summer kitchen. Property is located in HARRISON not E.Newark.

Last Agent to Sell the Property

Luis Pinto

The Bixler Group, LLC Listed on: 08/17/2023

Last Buyer's Agent

Ana Oti

The Bixler Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,441

Lot Details

  • 2,405

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in unit
  • 2,405 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00002 / 00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,441

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (201) 991-0032
  • MLS Status: Sold - Sold
  • Directions: Between Grant Ave. and Passaic Ave.
  • Architectural Style: 2 Family
  • Year Built Details: 1960's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 8

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 2405.0

Tax Info

  • Tax Annual Amount: 11441.0
  • Tax Block: 00007
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 19, 2023
Sold by
Dorjee Pema and Dechen Lhamo
Bought by
Ding Cheng and Wang Yu
Seller's Agent
Luis Pinto
The Bixler Group, LLC
Buyer's Agent
Ana Oti
The Bixler Group, LLC
List Price
$749,000
Sold Price
$775,000
Premium/Discount to List
$26,000
3.47%
Views
16
Current Estimated Value
$870,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,142
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Dec 21, 2021
Sold by
Pema Dorjee
Bought by
Dorjee Pema

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
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2018
Closed on
Feb 8, 2019
Sold by
Grabowski Donnna and Grabowski Karl A
Bought by
Dorjee Pema and Gurung Dhona
Seller's Agent
Luis Pinto
The Bixler Group, LLC
Buyer's Agent
Luis Pinto
The Bixler Group, LLC
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$420,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ding Cheng $775,000 Hudson One Title
Dorjee Pema -- Golden Title
Dorjee Pema $525,000 Elite Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dorjee Pema $432,000
Previous Owner Dorjee Pema $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Sold $775,000 -3.1% --
09/01/2023 09/01/23 Pending -- -- --
08/20/2023 08/20/23 Price Changed $800,000 +6.8% --
08/17/2023 08/17/23 For Sale $749,000 +42.7% --
02/22/2019 02/22/19 Sold $525,000 0.0% --
11/30/2018 11/30/18 Pending -- -- --
11/21/2018 11/21/18 For Sale $525,000 -- --
Source: New Jersey 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
2024 $11,727 $510,100 $177,000 $333,100
2023 $11,727 $510,100 $177,000 $333,100
2022 $11,635 $510,100 $177,000 $333,100
2021 $11,442 $510,100 $177,000 $333,100
2020 $11,630 $510,100 $177,000 $333,100
2019 $12,235 $168,500 $34,300 $134,200
2018 $12,157 $168,500 $34,300 $134,200
2017 $12,198 $168,500 $34,300 $134,200
2016 $12,139 $168,500 $34,300 $134,200
2015 $11,807 $168,500 $34,300 $134,200
2014 $11,588 $168,500 $34,300 $134,200
Source: Public Records

Agents Affiliated with this Home

  • Luis Pinto

    Seller's Agent in 2023

    Luis Pinto

    The Bixler Group, LLC

    (973) 204-0861

    19 in this area

    52 Total Sales

    Luis Pinto
    Section Image
  • Ana Oti

    Buyer's Agent in 2023

    Ana Oti

    The Bixler Group, LLC

    (201) 538-0692

    6 in this area

    25 Total Sales

    Ana Oti
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23025736

New Jersey MLS

APN: 04-00007-0000-00002

New Jersey Hudson County East Newark 07029

39 Searing Ave, East Newark, NJ

This home is located at 39 Searing Ave, East Newark, NJ 07029 since 17 August 2023 and is currently estimated at $870,142. 39 Searing Ave is a home located in Hudson County with nearby schools including Hamilton Intermediate School, Lincoln No. 3 Elementary School, and Washington Middle School.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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