L
Landlord's Agent in 2024
Lindsey Armour
Alexander Anderson Real Estate Group
(732) 403-7713
42 3rd St Unit 2 Newark, NJ 07107
Fairmount NeighborhoodEstimated Value: $568,000 - $641,181
3
Beds
2
Baths
--
Sq Ft
1,525
Sq Ft Lot
About This Home
As of August 2024Section 8 applicants encouraged to apply. Renovated 3 bedroom/2 full bathroom duplex apartment. Close to college campuses where the Fairmount and University Heights neighborhoods meet. Large open concept living/dining area, kitchen, a super large primary bedroom and in-unit washer/dryer are on the lower level with two additional bedrooms on the upper level. The kitchen features stainless steel appliances, stone countertops and white cabinetry. All hardwood floors in the living and sleeping areas. Central heat and A/C. Just 5 blocks to the Orange Street Light Rail Station. 15 minutes to Downtown Newark (Penn Station, Whole Foods, NJPAC & Prudential Center). 45 minutes to New York Penn Station (door to door). Landlord uses the RentSpree tenant screening application process. THE LANDLORD IS PAYING THE BROKER FEE. Tenant pays Electric, Gas & Heat.
Last Agent to Rent the Property
Alexander Anderson Real Estate Group Listed on: 05/30/2024
Last Renter's Agent
Outside Agent
Outside Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,780
Year Built
- 1920
Lot Details
- 1,525
Home Design
Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Dryer
Utilities
- Cooling System Powered By Gas
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 4, 2024
Sold by
Atkinson Dwight
Bought by
Freeman Namon
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,750
Outstanding Balance
$551,379
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$50,166
Purchase Details
Closed on
May 1, 2021
Sold by
Alexander Vellios
Bought by
Atkinson Dwight
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
2.96%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 12, 2019
Sold by
42 Third Holdings Llc
Bought by
Goulet Alexandre and Vellios Alexander
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.75%
Purchase Details
Listed on
Sep 26, 2017
Closed on
Nov 22, 2017
Sold by
Fresh Start Home Invest
Bought by
Grady Tanya A
List Price
$260,000
Sold Price
$260,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Purchase Details
Closed on
Sep 27, 2002
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Freeman Namon | $585,000 | Trident Abstract Title | |
| Atkinson Dwight | $360,000 | Sunnyside Title | |
| Goulet Alexandre | $240,000 | -- | |
| Grady Tanya A | $255,000 | -- | |
| -- | $129,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Freeman Namon | $555,750 | |
| Previous Owner | Atkinson Dwight | $353,479 | |
| Previous Owner | Goulet Alexandre | $168,000 | |
| Previous Owner | Goulet Alexandre | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2024 08/14/24 | Rented | $2,650 | 0.0% | -- |
| 05/30/2024 05/30/24 | For Rent | $2,650 | 0.0% | -- |
| 11/22/2017 11/22/17 | Sold | $260,000 | 0.0% | -- |
| 10/09/2017 10/09/17 | Pending | -- | -- | -- |
| 09/26/2017 09/26/17 | For Sale | $260,000 | -- | -- |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $11,780 | $316,000 | $17,700 | $298,300 |
| 2024 | $11,780 | $316,000 | $17,700 | $298,300 |
| 2022 | $8,193 | $219,300 | $17,700 | $201,600 |
| 2021 | $8,189 | $219,300 | $17,700 | $201,600 |
| 2020 | $8,333 | $219,300 | $17,700 | $201,600 |
| 2019 | $5,630 | $149,700 | $17,700 | $132,000 |
| 2018 | $5,528 | $149,700 | $17,700 | $132,000 |
| 2017 | $5,329 | $149,700 | $17,700 | $132,000 |
| 2016 | $5,150 | $149,700 | $17,700 | $132,000 |
| 2015 | $4,954 | $149,700 | $17,700 | $132,000 |
| 2014 | $4,642 | $149,700 | $17,700 | $132,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lindsey Armour
-
Cynthia Barrett-Bismuth
Landlord's Co-Listing Agent in 2024
Cynthia Barrett-Bismuth
Alexander Anderson Real Estate Group
(646) 287-8503
4 in this area
40 Total Sales
-
O
Tenant's Agent in 2024
Outside Agent
Outside Office
Map
Source: New Jersey MLS
MLS Number: 24016907
APN: 14-01877-0000-00024
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