NOT LISTED FOR SALE

397 Walnut St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $633,000 - $946,000

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

Last Sold September 18, 2017

Last sale price $425,000

Est. 75% increase in value since last sale

Current estimated payment $4,871/month

104 Days on Market

About This Home

As of September 2017

This home is located at 397 Walnut St, Newark, NJ 07105 since 08 November 2016 and is currently estimated at $742,997. This property was built in 1897. 397 Walnut St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

Last Agent to Sell the Property

Jorge Rosa

C-21 SEMIAO AND ASSOCIATES Brokerage Phone: 973-344-2100 Listed on: 11/08/2016

Last Buyer's Agent

Jorge Rosa

C-21 SEMIAO AND ASSOCIATES Brokerage Phone: 973-344-2100 Listed on: 11/08/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,879

Year Built

  • Built in 1897

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,879

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Year Built: 1897
  • County Name: Essex
  • Street Number Display: 397
  • I D: 4669982
  • Modified: 2018-09-19
  • Number Images: 0
  • Attribution Contact: 973-344-2100
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X93.6
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Da Silva Paulo and Silva Ana
Bought by
Pad Associates Corporation
Current Estimated Value
$742,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Outstanding Balance
$435,621
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$307,376

Purchase Details

Closed on
Sep 3, 1993
Sold by
Letizia Frances
Bought by
Pinto Americo and Pinto Emilia

Purchase Details

Closed on
Jun 1, 1993
Sold by
Goncalves Maria
Bought by
Jacinto Victor and Jacinto Silva,Orlando
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
Pad Associates Corporation -- Westcor Land Title
Pinto Americo $95,000 --
Jacinto Victor $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pad Associates Corporation $441,000
Previous Owner Silva Ana $318,750
Previous Owner Jacinto Victor $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2017 09/18/17 Sold $425,000 -10.5% --
02/20/2017 02/20/17 Pending -- -- --
11/08/2016 11/08/16 For Sale $475,000 -- --
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 $9,879 $265,000 $68,300 $196,700
2024 $9,879 $265,000 $68,300 $196,700
2022 $9,900 $265,000 $68,300 $196,700
2021 $9,895 $265,000 $68,300 $196,700
2020 $10,575 $278,300 $68,300 $210,000
2019 $10,467 $278,300 $68,300 $210,000
2018 $7,061 $191,200 $68,400 $122,800
2017 $6,807 $191,200 $68,400 $122,800
2016 $6,577 $191,200 $68,400 $122,800
2015 $6,327 $191,200 $68,400 $122,800
2014 $5,929 $191,200 $68,400 $122,800
Source: Public Records

Agents Affiliated with this Home

  • Jorge Rosa

    Seller's Agent in 2017

    Jorge Rosa

    C-21 SEMIAO AND ASSOCIATES

    (973) 344-2100

    1 in this area

    34 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3347642

Garden State MLS

APN: 14-00985-0000-00069

New Jersey Essex County Newark 07105 South Ironbound

397 Walnut St, Newark, NJ

This home is located at 397 Walnut St, Newark, NJ 07105 since 08 November 2016 and is currently estimated at $742,997. This property was built in 1897. 397 Walnut St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

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