NOT LISTED FOR SALE

Estimated Value: $422,087 - $509,000

4 Beds
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold July 14, 2023

Last sale price $365,000

Est. 25% increase in value since last sale

Current estimated payment $2,720/month

264 Days on Market

About This Home

As of July 2023

Looking for a great investment near downtown Newark, check out this 2 story 4 bedroom home with partially finished basement. Rare find with parking spaces for 2 cars in rear of building. First unit is very large unit with EIK, LR and DR and nice layout. Second unit, while smaller has 2 bedrooms, kitchen and LR area. Basement is partially finished, can be finished to give additional living space. Great location close to parks, schools, transportation and recreational activities. Bring your vision and come make this place your home. Needs some work.

Last Agent to Sell the Property

rashidah jenious

Samsel & Associates Real Estate Services Listed on: 08/14/2022

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,500

Lot Details

  • 2,627 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 00012 / 00576

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,500

Lot Details

2,627 Sq Ft Lot

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: 908-514-4105
  • MLS Status: Sold - Sold
  • Directions: Broadway to Nursery to Wakeman
  • Architectural Style: 2 Family
  • Year Built Details: Pre 1900,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Remarks: partially finished

Exterior Features

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

Utilities

  • Utilities: Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 2627.0

Tax Info

  • Tax Annual Amount: 4500.0
  • Tax Block: 00576
  • Tax Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2022
Closed on
Jul 14, 2023
Sold by
Dibartolo Maria
Bought by
Ramon Eladio F Marocho
Seller's Agent
rashidah jenious
Samsel & Associates Real Estate Services
Buyer's Agent
Outside Agent
Outside Office
List Price
$500,000
Sold Price
$365,000
Premium/Discount to List
-$135,000
-27%
Views
258
Current Estimated Value
$457,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,022
Avg. Annual Appreciation
8.82%
Original Mortgage
$308,000
Outstanding Balance
$300,488
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$156,534

Purchase Details

Closed on
Jul 15, 1980
Bought by
Zahner John A
Source: Public Records
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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
Ramon Eladio F Marocho $385,000 Fidelity National Title
Zahner John A $3,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramon Eladio F Marocho $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2023 07/14/23 Sold $365,000 -8.5% --
05/05/2023 05/05/23 Pending -- -- --
02/19/2023 02/19/23 Price Changed $399,000 -16.0% --
09/11/2022 09/11/22 Price Changed $475,000 -5.0% --
08/14/2022 08/14/22 For Sale $500,000 +257.1% --
03/27/2018 03/27/18 Sold $140,000 -4.8% -- View Prior Sale
12/02/2017 12/02/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $147,000 -- --
Source: New Jersey MLS

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 $4,421 $118,600 $28,100 $90,500
2024 $4,421 $118,600 $28,100 $90,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22030379

New Jersey MLS

APN: 14-00576-0000-00012

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