NOT LISTED FOR SALE

402 N 3rd St East Newark, NJ 07029

Estimated Value: $607,000 - $944,000

7 Beds
4 Baths
-- Sq Ft
2,500 Sq Ft Lot

Last Sold March 05, 2021

Last sale price $602,000

Est. 25% increase in value since last sale

Current estimated payment $4,776/month

11 Days on Market

Highlights

  • Views to the East
  • Baseboard Heating
  • Rectangular Lot
  • Property is near a park
  • Laundry Facilities

About This Home

As of March 2021

3 family investment opportunity or live in and collect $$$ on Harrison Border. 20 min to Harrison PATH. Well kept owner occupied home. 2 units on 1st floor: front 4 rms, 2 bedrooms, 1 bath rented at $1,200 m/m, rear owner unit 5 rms, 3 bedrms, 1 bath market value $1,700. 2nd floor unit 5 rms, 2 bedrms, 1 bath (includes finished attic) rented at $1,525 m/m, Hardwood floors, tiled kitchen & baths. Finished basement with recreation room & full bathroom- separate entrance. 3 separate heating systems; gas hot water baseboard, 3 hot water heaters. Separate gas & electric meters. New State inspection just passed & good for 5 years! 1st floor rear unit will be delivered vacant.

Last Listed By

Guillaume Dasilva

Coccia Realty Better Homes & Gardens Listed on: 11/16/2020

Coccia Realty Better Homes & Gardens

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,677

Year Built

  • 1906

Lot Details

  • 2,500 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built between 1900 - 1939
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Views to the East
  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 090200005 00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,677

Year Built

1906

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 3 Family
  • Lifestyle: Close/Parks, Close/School, Close/Trans, Close/Wrshp
  • Views/Exposure: East
  • Year Built (Public Record): 1900-1939
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 14
  • Fireplace: None
  • Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Basement: Finished w/ Recreation room w/ 1 Full bath
  • Laundry: Basement, Hook Ups

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: None

Utilities

  • Heating: Baseboard, Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: Win/AC

Lot Info

  • County Name: HUDSON
  • Lot: 00013
  • Lot Dimensions: 25x100
  • Estimated Lot Sq Ft: 2500
  • Lot Description: Regular

Tax Info

  • Tax: 6677
  • Assessor Parcel Number: 090200005 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Mar 4, 2021
Sold by
Desouza Aparecida De and Desouza Aparecida
Bought by
Popatia Akberali and Popatia Roshan
Seller's Agent
Guillaume Dasilva
Coccia Realty Better Homes & Gardens
Buyer's Agent
Guillaume Dasilva
Coccia Realty Better Homes & Gardens
List Price
$579,000
Sold Price
$602,000
Premium/Discount to List
$23,000
3.97%
Total Days on Market
11
Current Estimated Value
$749,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,644
Avg. Annual Appreciation
5.40%
Original Mortgage
$455,750
Outstanding Balance
$414,418
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$335,226

Purchase Details

Closed on
May 24, 1999
Sold by
Santana Amada and Santana Felix
Bought by
Desouza Aparecida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
7.12%
Mortgage Type
Stand Alone First

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
Popatia Akberali $602,000 Westcor Land Title Ins Co
Desouza Aparecida $208,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Popatia Akberali $455,750
Previous Owner Souza Aparecida D $52,900
Previous Owner Desouza Aparecida $159,000
Previous Owner Souza Aparecida D $47,900
Previous Owner Souza Aparecida D $90,000
Previous Owner Desouza Aparecida $166,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $602,000 +4.0% --
11/27/2020 11/27/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $579,000 -- --
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 $7,196 $256,000 $53,100 $202,900
2023 $7,196 $256,000 $53,100 $202,900
2022 $6,991 $256,000 $53,100 $202,900
2021 $6,956 $256,000 $53,100 $202,900
2020 $6,674 $256,000 $53,100 $202,900
2019 $6,676 $256,000 $53,100 $202,900
2018 $6,546 $256,000 $53,100 $202,900
2017 $6,487 $256,000 $53,100 $202,900
2016 $9,266 $100,400 $15,000 $85,400
2015 $9,100 $100,400 $15,000 $85,400
2014 $9,150 $100,400 $15,000 $85,400
Source: Public Records

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Source: New Jersey MLS

MLS Number: 20048213

New Jersey MLS

APN: 02-00005-0000-00013