NOT LISTED FOR SALE

Estimated Value: $758,000 - $836,000

11 Beds
4 Baths
-- Sq Ft
3,759 Sq Ft Lot

Last Sold May 05, 2023

Last sale price $685,000

Est. 16% increase in value since last sale

Current estimated payment $4,829/month

20 Days on Market

About This Home

As of May 2023

Great Investment Property!!! Large Legal 4 Family in North Newark. 1st Fl Unit Living Room, Kitchen, Formal Dining Room, 3 Bedrooms, Full Bath. 2nd Fl Unit Living Room, Kitchen, Formal Dining Room, Bonus Room (Den), 3 Bedrooms, Full Bath. 3rd Fl Unit Living Room, Dining Room, 2 Bedrooms, Full Bath. Basement/Ground (Separate Entrance) Full and Finished with Living Room, Eat-In-Kitchen, 3 Bedrooms & Full Bath. 2 Car Detached Garage & 4+ Car Driveway!!!

Last Agent to Sell the Property

Dinara Sammartino

Century 21 Semiao & Associates Listed on: 02/21/2023

Century 21 Semiao & Associates

Last Buyer's Agent

Dinara Sammartino

Century 21 Semiao & Associates Listed on: 02/21/2023

Century 21 Semiao & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,434

Lot Details

  • 3,759 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00059 / 01954

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,434

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-939-0050
  • MLS Status: Sold - Sold
  • Directions: 3rd Ave W to N 7th St (or use Google/Waze)
  • Architectural Style: 4 Family
  • Year Built Details: 1940's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 11
  • Basement Remarks: Full Finished Description G aside from Utility Room

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 3759.0

Tax Info

  • Tax Annual Amount: 7434.0
  • Tax Block: 01954
  • Tax Lot: 00059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
May 4, 2023
Sold by
Cabezasa Ligia
Bought by
Rawal Manik and Rawal Preeti
Seller's Agent
Dinara Sammartino
Century 21 Semiao & Associates
Buyer's Agent
Dinara Sammartino
Century 21 Semiao & Associates
List Price
$650,000
Sold Price
$685,000
Premium/Discount to List
$35,000
5.38%
Views
136
Current Estimated Value
$794,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,021
Avg. Annual Appreciation
5.20%
Original Mortgage
$335,000
Outstanding Balance
$326,207
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$447,836

Purchase Details

Closed on
Apr 17, 1973
Bought by
Cabezas Victor and Cabezas Ligia
Source: Public Records

Range of Values:

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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
Rawal Manik $685,000 Carnegie Title
Cabezas Victor $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rawal Manik $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $685,000 +5.4% --
03/13/2023 03/13/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $650,000 -- --
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
2025 $7,422 $199,100 $30,500 $168,600
2024 $7,422 $199,100 $30,500 $168,600
2023 $7,438 $199,100 $30,500 $168,600
2022 $7,438 $199,100 $30,500 $168,600
2021 $7,434 $199,100 $30,500 $168,600
2020 $7,566 $199,100 $30,500 $168,600
2019 $7,488 $199,100 $30,500 $168,600
2018 $7,353 $199,100 $30,500 $168,600
2017 $7,088 $199,100 $30,500 $168,600
2016 $6,849 $199,100 $30,500 $168,600
2015 $6,588 $199,100 $30,500 $168,600
2014 $6,174 $199,100 $30,500 $168,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23005224

New Jersey MLS

APN: 14-01954-0000-00059