NOT LISTED FOR SALE

408 N 3rd St Unit 2 East Newark, NJ 07029

Estimated Value: $546,000 - $664,000

3 Beds
1 Bath
-- Sq Ft
2,483 Sq Ft Lot

About This Home

As of August 2023

Recently updated unit with 3 good size bedrooms, large living room located on the 2nd floor also offering new Bathroom with stall shower and kitchen with stainless steel appliances (refrigerator, stove, dishwasher) granite counter top, completely painted and new flooring/carpet installed, laundry room in unit. Great location in Town with access to Route 21, 280, 17, 3, 46 NJ Turnpike and Parkway. Walking distance to NJIT, Rutgers. Essex County College, University/Saint Michael & Clara Maass Hospitals, Diversity in Restaurants, Shopping District and more. Public Transportation by PathTrain and NJ Transit Bus are all in short walking distance. No microwave offered. Brokerage fee applied and paid by Tenant $1,800. Available NOW.

Last Agent to Rent the Property

Dan Choffo

Harrison Realty Listed on: 05/29/2023

Co-Listed By

Anthony Marino

Harrison Realty

Last Renter's Agent

Wilson Guzman

Harrison Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,479

Year Built

  • 1900

Lot Details

  • 2,483

Property Views

  • Views to the East

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Schools

  • East Newark Public Elementary School

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,479

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Apartment
  • ResoLaundryFeatures: In Unit
  • View Type:Pond View: East
  • NAV29_Unit_1_Appliances: Dishwasher, Ov/Rang/Gs, Refrigerator, Water, Washer/Dryer
  • Reso Association Amenities: None
  • Reso Pets Allowed: No
  • Co List Office Phone: (973) 484-8100
  • MLS Status: Leased - Leased
  • Directions: Cross Street and Central Avenue
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1900

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Gas
  • Heating: Natural Gas

Schools

  • Elementary School: East Newark Public
  • Elementary: East Newark Public

Lot Info

  • Lot: 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2025
Sold by
Garcia Josefina
Bought by
Molano Yois A
Current Estimated Value
$632,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 1976
Bought by
Garcia Jose and Garcia Josefina
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
Molano Yois A $675,000 Guardian Title Services
Molano Yois A $675,000 Guardian Title Services
Garcia Jose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Molano Yois A $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Rented $2,400 0.0% --
07/10/2023 07/10/23 Price Changed $2,400 -4.0% --
05/29/2023 05/29/23 For Rent $2,500 -- --
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 $6,479 $230,500 $59,400 $171,100
2023 $6,479 $230,500 $59,400 $171,100
2022 $6,295 $230,500 $59,400 $171,100
2021 $6,263 $230,500 $59,400 $171,100
2020 $6,009 $230,500 $59,400 $171,100
2019 $6,011 $230,500 $59,400 $171,100
2018 $5,894 $230,500 $59,400 $171,100
2017 $5,841 $230,500 $59,400 $171,100
2016 $7,033 $76,200 $15,000 $61,200
2015 $6,907 $76,200 $15,000 $61,200
2014 $6,945 $76,200 $15,000 $61,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23016032

New Jersey MLS

APN: 02-00005-0000-00016