NOT LISTED FOR SALE

394 Lafayette St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $452,611 - $732,000

2 Beds
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold October 31, 2018

Last sale price $305,000

Est. 84% increase in value since last sale

Current estimated payment $3,747/month

59 Days on Market

Highlights

  • 0.06 Acre Lot
  • Wood Flooring
  • Game Room
  • Raised Ranch Architecture
  • Main Floor Bedroom
  • Home Gym

About This Home

As of October 2018

HOME SHOWS WELL, C/AIR ON THE FIRST FLOOR, FIRST FLOOR FEATURES : KITCHEN/DINING AREA, LIVING ROOM, FULL BATH AND 2 SPACIOUS BEDROOMS, DOUBLE PANE WINDOWS THROUGHOUT, HARD WOOD FLOORING IN BEDROOMS. PARQUET FLOOR IN THE LIVING ROOM, LINOLEUM IN THE COMMON AREAS, WALL OVEN,STOVE, DISH WASHER, ACCESS TO BASEMENT/GROUND LEVEL- BASEMENT/GROUND LEVEL FEATURES 4 FINISHED ROOMS AND FULL BATH WITH SHOWER-CARPETING, WALK OUT BASEMENT - NICE BACK YARD, SHED FOR STORAGE, GRASS, GREAT AREA TO RELAX.

Last Agent to Sell the Property

ANTONIO SEQUEIRA

ROSA AGENCY Listed on: 07/10/2018

Last Buyer's Agent

Michael Rosa

ROSA AGENCY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,343

Year Built

  • Built in 1931

Lot Details

  • 2,614 Sq Ft Lot
  • Fenced

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Fiberglass Roof

Interior Spaces

  • Thermal Windows
  • Family Room with entrance to outdoor space
  • Family Room
  • Living Room
  • Formal Dining Room
  • Game Room
  • Home Gym
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Cedar Closet
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Inside Entrance
  • On-Street Parking

Outdoor Features

  • Storage Shed

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1614-01980-0000-00011-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,343

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Style: Raised Ranch
  • Primary Style: Raised Ranch
  • Subproperty Type: Single Family
  • Year Built: 1931
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: YES
  • Possible Other Uses: Home-Office, Multi-Family, Professional Use
  • Street Number Display: 394
  • Directions: OFF WILSON AVE BETWEEN WILSON AND PULASKI ST
  • I D: 4820612
  • Modified: 2021-09-23
  • Number Images: 18
  • Section Subdiv Development: IRONBOUND
  • First Name: ANTONIO
  • First Name3: MICHAEL
  • Last Name: SEQUEIRA
  • Last Name3: ROSA
  • Office Phone: 973-589-7550 xt 18
  • Office Phone3: 9735897550
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Vinyl-Linoleum, Parquet, Wood
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, OvnWGas, Dishwasher, Kitchen Exhaust Fan
  • Interior Amenities: Cedar Closets, TubShowr, StallShw, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 8
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Walkout, Finished, Full
  • Dining Room Level: First
  • Family Room Level: Ground
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, OutEntrn, SeeRem, Living Room, Dining Room, Bath Main, Kitchen
  • Ground Level Rooms: Laundry Room, Leisure, GameRoom, Outside Entrance, Exercise Room, Inside Entrance, Bath(s) Other, Family Room
  • Phone: 973-589-7550

Exterior Features

  • Exterior Description: Brick, Metal
  • Exterior Features: Storage Shed, Storm Door(s), Metal Fence, Curbs, Sidewalk, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle, Fiberglass

Garage/Parking

  • Parking Driveway Description: Fencing, On-Street Parking

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Hot Water
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 25X100
  • Assessed Improvement Value: 82400
  • Assessed Land Value: 67700
  • Assessment: 150100
  • Easement: Unknown
  • Lot Identifier: 11
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5343
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-01980-0000-00011-0000-
  • Tax Rate Amount: 3.560
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Oct 30, 2018
Sold by
Maria Rafael F and Maria Clotide S
Bought by
Hernick Stephan P and Hernick Gloria N
Seller's Agent
ANTONIO SEQUEIRA
ROSA AGENCY
Buyer's Agent
Michael Rosa
ROSA AGENCY
List Price
$319,000
Sold Price
$305,000
Premium/Discount to List
-$14,000
-4.39%
Current Estimated Value
$562,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,403
Avg. Annual Appreciation
9.42%
Original Mortgage
$216,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2001
Sold by
Franco Pedro
Bought by
Maria Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,249
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 6, 1997
Sold by
Depalma Grace De
Bought by
Franco Pedro and Franco Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.23%

Purchase Details

Closed on
Jul 26, 1988
Sold by
Depalma Josephine
Bought by
Depalma Josephine
Source: Public Records

Range of Values:

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Average Value
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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
Hernick Stephan P $305,000 Westcore Title
Maria Rafael $178,000 --
Franco Pedro $144,000 --
Depalma Josephine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernick Stephen P $215,500
Closed Hernick Stephan P $216,000
Previous Owner Maria Rafael F $123,717
Previous Owner Maria Rafael $175,249
Previous Owner Franco Pedro $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $305,000 -4.4% --
09/07/2018 09/07/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $319,000 -- --
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 $8,183 $219,500 $67,500 $152,000
2024 $8,183 $219,500 $67,500 $152,000
2022 $8,201 $219,500 $67,500 $152,000
2021 $8,196 $219,500 $67,500 $152,000
2020 $8,341 $219,500 $67,500 $152,000
2019 $8,255 $219,500 $67,500 $152,000
2018 $5,543 $150,100 $67,700 $82,400
2017 $5,344 $150,100 $67,700 $82,400
2016 $5,163 $150,100 $67,700 $82,400
2015 $4,967 $150,100 $67,700 $82,400
2014 $4,655 $150,100 $67,700 $82,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    ANTONIO SEQUEIRA

    ROSA AGENCY

  • Michael Rosa

    Buyer's Agent in 2018

    Michael Rosa

    ROSA AGENCY

    (908) 289-5200

    18 in this area

    130 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3486022

Garden State MLS

APN: 14-01980-0000-00011

New Jersey Essex County Newark 07105 South Ironbound

394 Lafayette St, Newark, NJ

This home is located at 394 Lafayette St, Newark, NJ 07105 since 10 July 2018 and is currently estimated at $562,403. This property was built in 1931. 394 Lafayette St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Hawkins Street Elementary School, and Oliver Street School.

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