Seller's Agent in 2022
Tamayo Oppenheimer
SILVER AND OAK REALTY
(201) 218-1635
3 in this area
140 Total Sales
5 Colgate Dr Unit 5 Newark, NJ 07103
Springfield-Belmont NeighborhoodEstimated Value: $321,409 - $333,000
2
Beds
1
Bath
1,000
Sq Ft
$300/mo
HOA Fee
Highlights
- L-Shaped Dining Room
- Patio
- Laundry Room
- Community Pool
- Living Room
- 2-minute walk to Hank Aaron Field
About This Home
As of September 2022Welcome to the highly sought after gated community; Society Hill in Iron bound Newark. This stunning townhome, condo offers 2 large, sunlit bedrooms and a newly renovated bathroom, a stunning renovated kitchen and a large spacious living room. Washer and dryer is in unit. The home is centrally heated and cooled by a brand new HVAC system. Beautiful modern floors throughout. Location is perfection with walking distance to Penn Station, Rutgers University, NJIT, Whole Foods, Starbucks and downtown Newark. Community pool, tennis courts, onsite security patrol, designated parking spot, all included in a low maintenance fee.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,330
Year Built
- Built in 1980 | Remodeled
Lot Details
- 5
HOA Fees
- $300 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,000 Sq Ft Home
- Family Room
- Living Room
- L-Shaped Dining Room
- Formal Dining Room
- Storage Room
- Utility Room
- Laminate Flooring
- Walk-Out Basement
Kitchen
- Gas Oven or Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Parking
- 1 Parking Space
- Parking Lot
- Off-Street Parking
Additional Features
- Patio
- Property fronts a private road
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 1614-00234-0000-00001-0000-C0617
- Tax Block *
Community Details
Overview
- Association fees include maintenance-common area, maintenance-exterior, sewer fees, snow removal, trash collection, water fees
Recreation
- Community Pool
Pet Policy
- Pets Allowed
Security
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2022
Closed on
Aug 22, 2022
Sold by
Rashid Syed Shahid
Bought by
Vargas Alexandra and Carter Shaine
Seller's Agent
Tamayo Oppenheimer
SILVER AND OAK REALTY
Buyer's Agent
ALINA CASTRO
EXP REALTY, LLC
List Price
$299,000
Sold Price
$303,500
Premium/Discount to List
$4,500
1.51%
Total Days on Market
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,352
Avg. Annual Appreciation
3.06%
Original Mortgage
$10,000
Outstanding Balance
$9,603
Interest Rate
4.99%
Estimated Equity
$319,249
Purchase Details
Closed on
Nov 20, 2019
Sold by
Arjune Ismael
Bought by
Rashid Syed Shahid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
3.3%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vargas Alexandra | $303,500 | None Listed On Document | |
| Rashid Syed Shahid | $223,500 | Clear Skies Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vargas Alexandra | $10,000 | |
| Open | Vargas Alexandra | $291,000 | |
| Closed | Vargas Alexandra | $10,000 | |
| Previous Owner | Rashid Syed Shahid | $177,600 | |
| Previous Owner | Arjune Ismael Azard | $197,760 | |
| Previous Owner | Arjune Ismael Azard | $37,080 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/07/2022 09/07/22 | Sold | $303,500 | +1.5% | $304 / Sq Ft |
| 08/11/2022 08/11/22 | Pending | -- | -- | -- |
| 06/18/2022 06/18/22 | For Sale | $299,000 | -- | $299 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $4,008 | $107,500 | $35,000 | $72,500 |
| 2022 | $4,016 | $107,500 | $35,000 | $72,500 |
| 2021 | $4,014 | $107,500 | $35,000 | $72,500 |
Source: Public Records
Agents Affiliated with this Home
-
Tamayo Oppenheimer
-
A
Buyer's Agent in 2022
ALINA CASTRO
EXP REALTY, LLC
-
Michelle Burroughs
Buyer Co-Listing Agent in 2022
Michelle Burroughs
EXP REALTY, LLC
(973) 996-8827
2 in this area
35 Total Sales
Map
Source: Garden State MLS
MLS Number: 3790161
APN: 14-00234-0000-00001-0000-C0617
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
Nearby Homes
- 8 Colgate Dr
- 16 Colgate Dr Unit 604
- 54 S Orange Ave
- 11 Seton Hall Dr
- 3 Seton Hall Dr
- 45 Rutgers Dr
- 33 Howard Ct
- 28 Boston Ct
- 43 Howard Ct Unit 904
- 43 Howard Ct
- 24 Howard Ct Unit 603
- 29 Howard Ct
- 68 Richmond St
- 7 Howard Ct
- 12 Rider Ct
- 14 Rider Ct
- 26 Irvine Turner Blvd
- 45B Wickliffe St Unit 45B
- 45B Wickliffe St Unit B
- 587 Dr Martin Luther King J