NOT LISTED FOR SALE

478 Washington St Unit 102 Newark, NJ 07102

Lincoln Park Neighborhood

Estimated Value: $303,239 - $344,000

1 Bed
1 Bath
-- Sq Ft
$283/mo HOA Fee

Last Sold January 21, 2022

Last sale price $240,000

Est. 34% increase in value since last sale

Current estimated payment $2,062/month

39 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Satellite Dish
  • 3-minute walk to Lincoln Park

About This Home

As of January 2022

Stunning recently built 1 bed 1 bath ground level condo. Features bright modern construction, high ceilings and hardwood floors through out. Close to downtown Newark, prudential center and Newark Penn Station. You do not want to miss this one. Includes 15 years tax abatement. HOA fee includes water.

Last Agent to Sell the Property

Christina Gerges

REALTY ONE GROUP PRODIGY Listed on: 10/07/2021

REALTY ONE GROUP PRODIGY

Co-Listed By

Peter Boutros

EXP REALTY, LLC

Last Buyer's Agent

SHRUTI NAIK

CHRISTIE'S INT. REAL ESTATE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $440

Year Built

  • Built in 2015

Lot Details

  • 871

HOA Fees

  • $283 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Kitchen

  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 1614-00116-0000-00055-0000-C102X
  • Tax Block *

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$440

Year Built

Built in 2015

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Style: Multi Floor Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2015
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 478
  • Directions: WASHINGTON STREET AT CRAWFORD
  • I D: 5107996
  • Modified: 2023-01-22
  • Number Images: 13
  • First Name: CHRISTINA
  • First Name2: PETER
  • First Name3: SHRUTI
  • Last Name: GERGES
  • Last Name2: BOUTROS
  • Last Name3: NAIK
  • Office Phone: 866-201-6210
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven-Gas, Satellite Dish/Antenna
  • Number Rooms: 3
  • Bedrooms: 1
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Phone: 866-201-6210

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Flat

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 283
  • Association Maintenance Fee Frequency: Monthly

Lot Info

  • Lot Size: 945SF
  • Assessed Improvement Value: 127900
  • Assessment: 127900
  • Lot Identifier: 55
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.02

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Assessor Parcel Number: 1614-00116-0000-00055-0000-C102X
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.800
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Jan 20, 2022
Sold by
Mark Kornegay
Bought by
Vyas Rushi
Seller's Agent
Christina Gerges
REALTY ONE GROUP PRODIGY
Buyer's Agent
SHRUTI NAIK
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$215,000
Sold Price
$240,000
Premium/Discount to List
$25,000
11.63%
Current Estimated Value
$320,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,413
Avg. Annual Appreciation
8.46%
Original Mortgage
$228,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2017
Sold by
Lincoln Parkcapc Urban Re Newal
Bought by
Kornegay Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.19%
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
Vyas Rushi $240,000 First American Title
Kornegay Mark S $115,368 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vyas Rushi $228,000
Previous Owner Kornegay Mark S $107,500
Previous Owner Kornegay Mark S --
Previous Owner Kornegay Mark S $109,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $240,000 +11.6% --
11/15/2021 11/15/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $215,000 -- --
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 $440 $11,800 $11,800 --
2024 $440 $11,800 $11,800 $0
2022 $441 $11,800 $11,800 $0
2021 $441 $11,800 $11,800 $0
2020 $448 $11,800 $11,800 $0
2019 $444 $11,800 $11,800 $0
2018 $436 $11,800 $11,800 $0
2017 $420 $11,800 $11,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3745321

Garden State MLS

APN: 14-00116-0000-00055-0000-C102