NOT LISTED FOR SALE

426-428 3rd Ave W Newark, NJ 07107

Lower Roseville Neighborhood

Estimated Value: $743,000 - $797,000

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

Last Sold October 29, 2024

Last sale price $775,000

Est. 2% decrease in value since last sale

Current estimated payment $5,025/month

33 Days on Market

About This Home

As of October 2024

Calling All Investors!! Welcome to an investment opportunity in the heart of Newark, NJ! This recently renovated multifamily property offers a lucrative option for both investors and homeowners looking to generate rental income. Set on a residential street, this property boasts modern amenities, ample parking, and a charming backyard, making it an ideal choice for those seeking a profitable real estate venture. Enjoy the outdoors in the property's charming backyard. Income Potential With a great rent roll already in place, this property offers immediate income potential for investors with a full finish basement and attic. Don't Miss Out! Whether you're an experienced investor or a first-time buyer looking to maximize your investment 3rd Ave West presents a compelling opportunity. Schedule a showing today and discover the potential of this turnkey investment property! More Photo's to Come!!!

Last Agent to Sell the Property

Simone Jelks-Bandison

Coldwell Banker, Upper Montclair Listed on: 05/25/2024

Coldwell Banker, Upper Montclair

Co-Listed By

Maria Teresa McEwen

Coldwell Banker, Upper Montclair

Last Buyer's Agent

LUCIA MARTINEZ

Lifestyle International Realty

Lifestyle International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,364

Lot Details

  • 3,999 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00002 / 01945

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,364

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (973) 994-4323
  • MLS Status: Sold - Sold
  • Directions: PARK AVE TO N 9TH TO 3RD AVE WEST OR W MARKET-TO 3RD AVE WEST
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 3999.0

Tax Info

  • Tax Annual Amount: 9364.0
  • Tax Block: 01945
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Oct 4, 2024
Sold by
Hinds Brian and Adeyemi Habib O
Bought by
Zhangallimbay Angel Salvador Sum
Seller's Agent
Simone Jelks-Bandison
Coldwell Banker, Upper Montclair
Buyer's Agent
LUCIA MARTINEZ
Lifestyle International Realty
List Price
$649,500
Sold Price
$775,000
Premium/Discount to List
$125,500
19.32%
Views
47
Current Estimated Value
$761,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,041
Avg. Annual Appreciation
-2.62%
Original Mortgage
$588,000
Outstanding Balance
$583,306
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$178,653

Purchase Details

Listed on
Jul 17, 2012
Closed on
Jul 17, 2012
Sold by
Deleon Andrea
Bought by
Hinds Brian and Adeyemi Habib O
Seller's Agent
JOSE SANTIAGO
EXP REALTY, LLC
Buyer's Agent
JOSE SANTIAGO
EXP REALTY, LLC
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$277,775
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2011
Sold by
Barrett Noel
Bought by
Deleon Andrea
Source: Public Records

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Range of Values:

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Average Value
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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
Zhangallimbay Angel Salvador Sum $775,000 Stewart Title
Hinds Brian $285,000 None Available
Deleon Andrea $130,000 Chicago Title
Deleon Andrea $130,000 Chicago Title Insurance Co
Deleon Andrea $130,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhangallimbay Angel Salvador Sum $588,000
Previous Owner Hinds Brian $333,275
Previous Owner Hinds Brian $333,275
Previous Owner Hinds Brian $277,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Sold $775,000 +19.3% --
06/27/2024 06/27/24 Pending -- -- --
05/25/2024 05/25/24 For Sale $649,500 +127.9% --
07/17/2012 07/17/12 Sold $285,000 -- --
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 $9,365 $251,200 $48,800 $202,400
2022 $9,385 $251,200 $48,800 $202,400
2021 $9,380 $251,200 $48,800 $202,400
2020 $9,546 $251,200 $48,800 $202,400
2019 $9,448 $251,200 $48,800 $202,400
2018 $9,277 $251,200 $48,800 $202,400
2017 $8,943 $251,200 $48,800 $202,400
2016 $8,641 $251,200 $48,800 $202,400
2015 $8,312 $251,200 $48,800 $202,400
2014 $7,790 $251,200 $48,800 $202,400
Source: Public Records

Agents Affiliated with this Home

  • Simone Jelks-Bandison

    Seller's Agent in 2024

    Simone Jelks-Bandison

    Coldwell Banker, Upper Montclair

    (973) 866-5187

    2 in this area

    12 Total Sales

    Simone Jelks-Bandison
    Section Image
  • Maria Teresa McEwen

    Seller Co-Listing Agent in 2024

    Maria Teresa McEwen

    Coldwell Banker, Upper Montclair

    (201) 396-4637

    1 in this area

    14 Total Sales

    Maria Teresa McEwen
    Section Image

  • L

    Buyer's Agent in 2024

    LUCIA MARTINEZ

    Lifestyle International Realty

    1 in this area

    1 Total Sale

    LUCIA MARTINEZ
    Section Image

  • J

    Seller's Agent in 2012

    JOSE SANTIAGO

    EXP REALTY, LLC

See All Agents

Map

Source: New Jersey MLS

MLS Number: 24016310

New Jersey MLS

APN: 14-01945-0000-00002

New Jersey Essex County Newark 07107 Lower Roseville

426-428 3rd Ave W, Newark, NJ

This home is located at 426-428 3rd Ave W, Newark, NJ 07107 since 25 May 2024 and is currently estimated at $761,959. 426-428 3rd Ave W is a home located in Essex County with nearby schools including Dr. William H. Horton Elementary School, First Avenue Elementary School, and Franklin School.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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