NOT LISTED FOR SALE

42 Jackson St Newark, NJ 07105

North Ironbound Neighborhood

Estimated Value: $907,000 - $1,075,000

Studio
-- Bath
-- Sq Ft
2,810 Sq Ft Lot

Last Sold September 20, 2019

Last sale price $650,000

Est. 58% increase in value since last sale

Current estimated payment $6,479/month

34 Days on Market

About This Home

As of September 2019

This home is located at 42 Jackson St, Newark, NJ 07105 since 11 May 2019 and is currently estimated at $1,026,699. This property was built in 1992. 42 Jackson St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Hawkins Street Elementary School, and Oliver Street School.

Last Agent to Sell the Property

Pedro Mota

NEW DIRECTION REALTY Brokerage Phone: 833-984-4663 Listed on: 05/11/2019

Last Buyer's Agent

MARK J. MATTHEISS

KELLER WILLIAMS MID-TOWN DIRECT

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 2,810 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Year Built: 1992
  • County Name: Essex
  • I D: 4896685
  • Attribution Contact: 833-984-4663
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 2810 SF
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2019
Closed on
Sep 13, 2019
Sold by
Sarasola Felipe and Asada Keiko
Bought by
Sousa Sergio and Aras Marilyn
Seller's Agent
Pedro Mota
NEW DIRECTION REALTY
Buyer's Agent
MARK J. MATTHEISS
KELLER WILLIAMS MID-TOWN DIRECT
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Current Estimated Value
$1,026,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,699
Avg. Annual Appreciation
7.48%
Original Mortgage
$628,306
Outstanding Balance
$551,511
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$475,188

Purchase Details

Closed on
Feb 17, 2005
Sold by
Gonzalez Albert
Bought by
Sarasola Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.64%

Purchase Details

Closed on
Jan 9, 2002
Sold by
Costa Aurelaiano
Bought by
Peixoto Antonio and Peixoto Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.14%

Purchase Details

Closed on
May 27, 1993
Sold by
Jackson/Van Buren Associates Lp
Bought by
Peixoto Antonio and Peixoto Olga
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Sousa Sergio $650,000 --
Sarasola Felipe $560,000 --
Peixoto Antonio $70,000 --
Peixoto Antonio $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sousa Sergio $628,306
Previous Owner Sarasola Felipe $440,000
Previous Owner Peixoto Antonio $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $650,000 -3.7% --
06/14/2019 06/14/19 Pending -- -- --
05/11/2019 05/11/19 For Sale $675,000 -- --
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 $13,775 $369,500 $71,500 $298,000
2024 $13,775 $369,500 $71,500 $298,000
2022 $13,805 $369,500 $71,500 $298,000
2021 $13,797 $369,500 $71,500 $298,000
2020 $14,041 $369,500 $71,500 $298,000
2019 $11,509 $306,000 $71,500 $234,500
2018 $11,301 $306,000 $71,500 $234,500
2017 $10,894 $306,000 $71,500 $234,500
2016 $10,526 $306,000 $71,500 $234,500
2015 $10,126 $306,000 $71,500 $234,500
2014 $9,489 $306,000 $71,500 $234,500
Source: Public Records

Agents Affiliated with this Home

  • Pedro Mota

    Seller's Agent in 2019

    Pedro Mota

    NEW DIRECTION REALTY

    (973) 462-6440

    3 in this area

    32 Total Sales

    Pedro Mota
    Section Image

  • M

    Buyer's Agent in 2019

    MARK J. MATTHEISS

    KELLER WILLIAMS MID-TOWN DIRECT

See All Agents

Map

Source: Garden State MLS

MLS Number: 3556061

Garden State MLS

APN: 14-01999-0000-00060-02

New Jersey Essex County Newark 07105 North Ironbound

42 Jackson St, Newark, NJ

Not Listed for Sale

MultiFamily

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