NOT LISTED FOR SALE

42 Richelieu Place Unit 44 Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $503,960 - $580,000

4 Beds
1.5 Baths
-- Sq Ft
3,999 Sq Ft Lot

Last Sold April 29, 2024

Last sale price $515,000

Est. 4% increase in value since last sale

Current estimated payment $3,278/month

43 Days on Market

Highlights

  • Tandem Parking
  • Rectangular Lot
  • Gas Fireplace

About This Home

As of April 2024

*PRICE IS NEGOTIABLE* - ATTENTION!! This qualifies for up to $22k towards down payment and/or closing costs -or- 3% down w/ no MI (Mortgage Insurance) for those who qualify. This newly gut renovated 4 bed, 1.5 bath, Single Family home is located in Upper Vailsburg near the Ivy Hill section of Newark, NJ. With 2-Year young full renovations, the current home sellers spared no expense. Enjoy the first floor which holds a cozy fireplace to relish during cold winter nights, or the beautiful sun room for those warm summer days. The formal dining area opens up to the newly renovated kitchen, a half bath, and sliding doors leading to the outside patio area and beautifully manicured backyard. Upstairs you'll find 3 bedrooms, with one being used as a full walk-in closet, along with your masterfully crafted full bathroom. The top floor holds an additional room to be used as a bedroom/office/playroom, or whatever your heart desires. Don't miss a great opportunity to make this beauty yours.

Last Agent to Sell the Property

Kandace Mitchell

Group Twenty Six, LLC Listed on: 01/11/2024

Group Twenty Six, LLC

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,198

Year Built

  • 1920

Lot Details

  • 3,999 Sq Ft Lot
  • Rectangular Lot

Parking

  • Tandem Parking

Interior Spaces

  • Gas Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00028 / 04119

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,198

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (201) 969-2626
  • MLS Status: Sold - Sold
  • Directions: S Orange to Richelieu
  • Reso Fireplace Features: 1 Fireplace, Gas
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Sidehall
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1920

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: No
  • Basement Remarks: full, unfinished

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Exclusions: All personal, Washer, Dryer
  • Construction Type: Vinyl Siding

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas

Lot Info

  • Lot Size Sq Ft: 3999.0

Tax Info

  • Tax Annual Amount: 5198.0
  • Tax Block: 04119
  • Tax Lot: 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Apr 23, 2024
Sold by
Williams Gary and Davison Ashley
Bought by
Lugo Gustavo Javier and Abreu Wilda Roselin
Seller's Agent
Kandace Mitchell
Group Twenty Six, LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$499,999
Sold Price
$515,000
Premium/Discount to List
$15,001
3%
Total Days on Market
43
Views
115
Current Estimated Value
$536,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,240
Avg. Annual Appreciation
3.81%
Original Mortgage
$505,672
Outstanding Balance
$500,355
Interest Rate
6.82%
Mortgage Type
FHA
Estimated Equity
$35,885

Purchase Details

Listed on
Apr 20, 2020
Closed on
Oct 19, 2020
Sold by
Lsf9 Master Participation Tr and Us Bank Trust Na
Bought by
Williams Gary and Davison Ashley
Seller's Agent
Robert Cuccinello
Homes and Land Brokers Inc
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$174,500
Sold Price
$211,000
Premium/Discount to List
$36,500
20.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.76%
Original Mortgage
$284,826
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2010
Sold by
42 Richelieu Associates L L C
Bought by
Jenkins Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,090
Interest Rate
4.48%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 2010
Sold by
Darnell Grant and Grant Cassandra
Bought by
42 Richelieu Associates Llc

Purchase Details

Closed on
Jun 28, 2004
Sold by
Upscale Development Inc
Bought by
Grant Darnell and Grant Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.32%

Purchase Details

Closed on
Mar 23, 2004
Sold by
Federal National Mortgage Association
Bought by
Upscale Development Inc

Purchase Details

Closed on
Feb 14, 2000
Sold by
Taylor Angela
Bought by
George Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
7.98%

Purchase Details

Closed on
Sep 10, 1998
Sold by
Altegra Credit Co
Bought by
Taylor Angela and Melie Dedith
Source: Public Records

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Range of Values:

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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
Lugo Gustavo Javier $515,000 American Land Title
Williams Gary $211,000 New Title Company Name
Jenkins Dennis $219,000 None Available
42 Richelieu Associates Llc $49,100 None Available
Grant Darnell $221,500 --
Upscale Development Inc $115,000 --
George Lindsay $130,000 --
Taylor Angela $3,007,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugo Gustavo Javier $505,672
Previous Owner Williams Gary $284,826
Previous Owner Jenkins Dennis $216,090
Previous Owner Grant Darnell $176,000
Previous Owner George Lindsay $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $515,000 +3.0% --
02/23/2024 02/23/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $499,999 +137.0% --
10/19/2020 10/19/20 Sold $211,000 +20.9% $136 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $174,500 0.0% $113 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $174,500 0.0% $113 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $174,500 -- $113 / Sq Ft
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 $5,189 $139,200 $21,700 $117,500
2022 $5,201 $139,200 $21,700 $117,500
2021 $5,198 $139,200 $21,700 $117,500
2020 $5,290 $139,200 $21,700 $117,500
2019 $5,235 $139,200 $21,700 $117,500
2018 $5,141 $139,200 $21,700 $117,500
2017 $4,956 $139,200 $21,700 $117,500
2016 $4,788 $139,200 $21,700 $117,500
2015 $4,606 $139,200 $21,700 $117,500
2014 $4,317 $139,200 $21,700 $117,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24001053

New Jersey MLS

APN: 14-04126-0000-00054