NOT LISTED FOR SALE

478 Washington St Unit 201 Newark, NJ 07102

South Broad Valley Neighborhood

Estimated Value: $310,000 - $398,000

2 Beds
1 Bath
-- Sq Ft
$339/mo HOA Fee

Last Sold September 29, 2022

Last sale price $310,000

Est. 14% increase in value since last sale

Current estimated payment $2,253/month

12 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Family or Dining Combination
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 3-minute walk to Lincoln Park

About This Home

As of September 2022

Beautifully maintained, updated, 2 bedroom, 1 bath condo is located in the central ward of Newark. This home, unlike any in the building, features an outdoor terrace in the primary bedroom. With a 10 minute walk from Penn Station, and all universities, this place is a commuter's dream. Condo includes one assigned parking space and ample street parking. There is another 15 years left of tax abatement, ensuring low taxes. Don't miss this opportunity to attain your piece of the metropolitan dream.

Last Agent to Sell the Property

BRIAN KIM

PROPER ESTATES Listed on: 07/29/2022

Co-Listed By

MYER AMER

PROPER ESTATES

Last Buyer's Agent

Michael Henry

EXIT PLATINUM REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $523

Year Built

  • Built in 2017

Lot Details

  • 1,307

HOA Fees

  • $339 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Family or Dining Combination
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • On-Street Parking
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1614-00116-0000-00055-0000-C201X

Community Details

Overview

  • Association fees include maintenance-common area, trash collection

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$523

Year Built

Built in 2017

Lot Details

0

HOA Fees

$339 per month

Listing Details

  • Style: Multi Floor Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built: 2017
  • Year Built Description: Standing
  • County Name: Essex
  • Directions: Washington St & Crawford St
  • I D: 5168396
  • First Name: BRIAN
  • First Name2: MYER
  • First Name3: MICHAEL
  • Last Name: KIM
  • Last Name2: AMER
  • Last Name3: HENRY
  • Office Phone: 201-969-2626
  • Office Phone2: 7325491998
  • Office Phone3: 973-746-4777
  • Pager Number3: 973-220-6561
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Wood
  • Appliances: Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Bedrooms: 2
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Ground Level Rooms: 2 Bedrooms, Bath Main, Kitchen, Laundry Room, LivDinRm
  • Phone: 201-242-9000

Exterior Features

  • Exterior Description: Brick

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Assigned, On-Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Maintenance Fee: 339
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Trash Collection

Lot Info

  • Lot Size: 1121SF
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.03

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 523
  • Assessor Parcel Number: 1614-00116-0000-00055-0000-C201X
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.734
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Sep 28, 2022
Sold by
Amer Daniel and Mustafa Hina
Bought by
Cha Hyeonwoo and De La Pena
Seller's Agent
BRIAN KIM
PROPER ESTATES
Buyer's Agent
Michael Henry
EXIT PLATINUM REALTY
List Price
$305,000
Sold Price
$310,000
Premium/Discount to List
$5,000
1.64%
Current Estimated Value
$354,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,000
Avg. Annual Appreciation
4.29%
Original Mortgage
$279,000
Outstanding Balance
$267,535
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$86,465

Purchase Details

Closed on
Mar 23, 2017
Sold by
Lincoln Park Capc Urban Renewal Llc
Bought by
Mustafa Hina and Amer Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cha Hyeonwoo $310,000 Sunnyside Title
Mustafa Hina $184,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cha Hyeonwoo $279,000
Previous Owner Mustafa Hina $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2022 09/29/22 Sold $310,000 +1.6% --
08/13/2022 08/13/22 Pending -- -- --
07/31/2022 07/31/22 For Sale $305,000 -- --
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 $522 $14,000 $14,000 --
2024 $522 $14,000 $14,000 $0
2022 $523 $14,000 $14,000 $0
2021 $523 $14,000 $14,000 $0
2020 $532 $14,000 $14,000 $0
2019 $527 $14,000 $14,000 $0
2018 $517 $14,000 $14,000 $0
2017 $498 $14,000 $14,000 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    BRIAN KIM

    PROPER ESTATES

  • M

    Seller Co-Listing Agent in 2022

    MYER AMER

    PROPER ESTATES

  • Michael Henry

    Buyer's Agent in 2022

    Michael Henry

    EXIT PLATINUM REALTY

    (973) 220-6561

    1 in this area

    24 Total Sales

    Michael Henry
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Map

Source: Garden State MLS

MLS Number: 3799260

Garden State MLS

APN: 14-00116-0000-00055-0000-C201

New Jersey Essex County Newark 07102 South Broad Valley

478 Washington St Unit 201, Newark, NJ

Not Listed for Sale

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