Seller's Agent in 2024
Vincent Baricaua
RE/MAX
(732) 921-0389
1 in this area
186 Total Sales
51 2nd St Unit 53 Newark, NJ 07107
Fairmount NeighborhoodEstimated Value: $372,000 - $469,000
3
Beds
1.5
Baths
--
Sq Ft
4,116
Sq Ft Lot
Highlights
- Central Air
- Rectangular Lot
- 3-minute walk to Liberty Park
About This Home
As of March 2024Do not miss the opportunity to view this well maintained 3 bedroom and 1 and half bathroom duplex in the heart of Newark. Main entrance off of front porch leads to large eat in kitchen and flows right into your expansive living room. Down the hall you will find the powder room and coat closet. Hardwood floor stairs lead you to your three bedrooms and shared common bathroom. Entire upper level has bamboo hardwood floors. Primary bedroom has a large walk in closet for all your storage needs. Both guest bedrooms have built in storage fixtures that are both stylish and can accommodate all your personal belongings. Unfinished basement has all your utility items that include washer and dryer, water heater (2014), HVAC (2019), and sump pump (2022). Backyard has a vinyl privacy fence, storage shed, and pavers that encompass the entire area. It also includes a deck that was replaced in 2023. Roof portion over 51-53 2nd Street was replaced in 2021. Exclusive driveway that fits 2 cars.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,443
Lot Details
- 4,116 Sq Ft Lot
- Rectangular Lot
Home Design
- Duplex
Bedrooms and Bathrooms
- 3 Bedrooms
Basement
- Basement Fills Entire Space Under The House
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 00001 / 01846
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2024
Closed on
Mar 6, 2024
Sold by
Owens Albert
Bought by
Nnadi Chigbompka Akachi
Seller's Agent
Vincent Baricaua
RE/MAX Our Town
Buyer's Agent
Victor Hernandez
EXP Realty, LLC
List Price
$399,750
Sold Price
$350,000
Premium/Discount to List
-$49,750
-12.45%
Views
9
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
$62,587
Avg. Annual Appreciation
11.43%
Original Mortgage
$280,000
Outstanding Balance
$275,608
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$136,979
Purchase Details
Closed on
Dec 27, 2000
Sold by
Cohan Michael
Bought by
Owens Albert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,025
Interest Rate
6.96%
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 |
|---|---|---|---|
| Nnadi Chigbompka Akachi | $350,000 | None Listed On Document | |
| Owens Albert | $89,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nnadi Chigbompka Akachi | $280,000 | |
| Previous Owner | Owens Albert | $84,025 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2024 03/19/24 | Sold | $350,000 | -12.4% | -- |
| 02/15/2024 02/15/24 | Pending | -- | -- | -- |
| 01/03/2024 01/03/24 | For Sale | $399,750 | -- | -- |
Source: New Jersey 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 |
|---|---|---|---|---|
| 2025 | $3,437 | $92,200 | $22,900 | $69,300 |
| 2024 | $3,437 | $92,200 | $22,900 | $69,300 |
| 2022 | $3,445 | $92,200 | $22,900 | $69,300 |
| 2021 | $3,443 | $92,200 | $22,900 | $69,300 |
| 2020 | $3,504 | $92,200 | $22,900 | $69,300 |
| 2019 | $3,468 | $92,200 | $22,900 | $69,300 |
| 2018 | $3,405 | $92,200 | $22,900 | $69,300 |
| 2017 | $3,282 | $92,200 | $22,900 | $69,300 |
| 2016 | $3,172 | $92,200 | $22,900 | $69,300 |
| 2015 | $3,051 | $92,200 | $22,900 | $69,300 |
| 2014 | $2,859 | $92,200 | $22,900 | $69,300 |
Source: Public Records
Agents Affiliated with this Home
-
Vincent Baricaua
-
Victor Hernandez
V
Buyer's Agent in 2024
Victor Hernandez
EXP Realty, LLC
(866) 201-6210
1 in this area
2 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24000347
APN: 14-01846-0000-00001-05
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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