$575,000
SOLD DEC 9, 2024
-- Bed
-- Bath
-- Sq Ft
1,742 Sq Ft Lot

Recently Sold

30 Days on Market

About This Home

As of December 2024

This home is located at 42 3rd St, Newark, NJ 07107 and is currently priced at $575,000. This property was built in 1920. 42 3rd St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

Cynthia Barrett-Bismuth

ALEXANDER ANDERSON REAL ESTATE Brokerage Phone: 646-971-0328 Listed on: 09/20/2024

Last Buyer's Agent

SHERIE HINNANT

ESSENTIAL REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,780

Year Built

  • Built in 1920

Lot Details

  • 1,742 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,780

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Essex
  • Street Number Display: 42
  • I D: 5314102
  • Modified: 2024-12-11
  • Number Images: 19
  • Attribution Contact: 646-971-0328
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 16.03 X 95
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Dec 4, 2024
Sold by
Atkinson Dwight
Bought by
Freeman Namon
Seller's Agent
Cynthia Barrett-Bismuth
ALEXANDER ANDERSON REAL ESTATE
Buyer's Agent
SHERIE HINNANT
ESSENTIAL REAL ESTATE
List Price
$575,000
Sold Price
$575,000
Total Days on Market
30
Views
880
Current Estimated Value
$582,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,404
Avg. Annual Appreciation
2.54%
Original Mortgage
$555,750
Outstanding Balance
$553,835
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$28,569

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

Closed on
Nov 22, 2017
Sold by
Fresh Start Home Invest
Bought by
Grady Tanya A

Purchase Details

Closed on
Sep 27, 2002
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Type Sale Price Title Company
Bargain Sale Deed $585,000 Trident Abstract Title
Deed $360,000 Sunnyside Title
Deed $240,000 --
Deed $255,000 --
Deed $129,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $555,750 New Conventional
Previous Owner $353,479 FHA
Previous Owner $168,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $350,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Sold $575,000 0.0% --
10/20/2024 10/20/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $575,000 0.0% --
03/01/2023 03/01/23 Rented $2,500 +8.7% --
02/02/2023 02/02/23 Price Changed $2,300 -11.5% --
12/30/2022 12/30/22 For Rent $2,600 0.0% --
07/08/2021 07/08/21 Sold $345,000 0.0% --
05/13/2021 05/13/21 Off Market $345,000 -- --
04/05/2021 04/05/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $340,000 0.0% --
03/12/2021 03/12/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $340,000 0.0% --
02/15/2021 02/15/21 Pending -- -- --
01/22/2021 01/22/21 Price Changed $340,000 -5.3% --
11/13/2020 11/13/20 For Sale $359,000 -- --
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
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

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Map

Source: Garden State MLS

MLS Number: 3925161

Garden State MLS

APN: 14-01877-0000-00024