$759,000
- 9 Beds
- 4 Baths
- 51-53 3rd St
- Newark, NJ
Huge 3 unit house w parking close to highways, Downtown Newark, Newar parks
DAVIELIER TURNER PINNACLE REAL ESTATE
52 3rd St Newark, NJ 07107
Fairmount NeighborhoodEstimated Value: $608,053 - $678,000
11
Beds
3
Baths
--
Sq Ft
2,396
Sq Ft Lot
Highlights
- Rowhouse Architecture
- Central Air
- 4-minute walk to Liberty Park
- Living Room
- Dining Room
About This Home
As of November 2023Excellent opportunity to own a 3 family income producing investment property like 52 3rd St, in the up and coming Fairmount section of Newark. What’s not to love about its profile: composed of three - 3 bedroom apartments , plus den for 2 units, separate utilities including furnace and water heaters, low taxes, presents upside for increased market rents, 1st floor apartment will be delivered vacant; Apt 2 - $1700/mo, and Apt 3- $1600 per month. Perfect for investors or owner occupants. Property needs some renovation and repairs; property to be sold in 'as is" condition. Get into the investment hype Newark has to offer and book your showing today.
Last Agent to Sell the Property
LIBERTY REALTY LLC License #1648869 Listed on: 08/22/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,907
Lot Details
- Lot Dimensions are 25x95
Home Design
- Rowhouse Architecture
- Brick Exterior Construction
- Aluminum Siding
- Stucco
Interior Spaces
- Living Room
- Dining Room
- Unfinished Basement
Bedrooms and Bathrooms
- 11 Bedrooms | 3 Main Level Bedrooms
Utilities
- Central Air
- Heating System Uses Gas
Listing and Financial Details
- Legal Lot and Block 15 / 1877
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2023
Closed on
Oct 19, 2023
Sold by
Gonzalez Juan Santos
Bought by
Rezu Nur M
Seller's Agent
Tarek Hassieb
LIBERTY REALTY LLC
Buyer's Agent
Tarek Hassieb
LIBERTY REALTY LLC
List Price
$535,000
Sold Price
$567,500
Premium/Discount to List
$32,500
6.07%
Views
246
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
$77,013
Avg. Annual Appreciation
7.12%
Original Mortgage
$425,625
Interest Rate
7.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 3, 2010
Sold by
Distressed Property Solutions Llc
Bought by
Gonzalez Juan Santos
Purchase Details
Closed on
Feb 22, 2010
Sold by
Gonzalez Juan Santos
Bought by
Distressed Property Solutions Llc
Purchase Details
Closed on
Oct 30, 2009
Sold by
Tjf Consulting Llc
Bought by
Gonzalez Juan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,652
Interest Rate
4.98%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 5, 2009
Sold by
Freeman Thomas J
Bought by
Tjf Consulting Llc
Purchase Details
Closed on
Feb 24, 2009
Sold by
Us Bank National Association
Bought by
Freeman Thomas J
Purchase Details
Closed on
Feb 23, 2009
Sold by
Property Asset Management Inc
Bought by
Us Bank National Association and Rlt 2008-2
Purchase Details
Closed on
Oct 10, 2007
Sold by
Taylor Kim L
Bought by
Property Asset Management Inc
Purchase Details
Closed on
Apr 6, 2006
Sold by
Watson Hope Barker
Bought by
Taylor Kim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.37%
Purchase Details
Closed on
Mar 11, 2005
Sold by
Blumenthal Jamie
Bought by
Watson Hope Barker
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.61%
Purchase Details
Closed on
Jul 14, 2004
Sold by
Estate Of Emma Hamilton
Bought by
Blumenthal Jamei and Wieder Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
6.28%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rezu Nur M | $567,500 | Safe Land Title | |
| Gonzalez Juan Santos | -- | None Available | |
| Distressed Property Solutions Llc | -- | None Available | |
| Gonzalez Juan | $340,000 | Titleworks Inc | |
| Tjf Consulting Llc | -- | Multiple | |
| Freeman Thomas J | $65,000 | Title Works Inc | |
| Us Bank National Association | -- | Title Works Inc | |
| Property Asset Management Inc | -- | None Available | |
| Taylor Kim | $350,000 | -- | |
| Watson Hope Barker | $270,000 | -- | |
| Blumenthal Jamei | $184,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rezu Nur M | $425,625 | |
| Previous Owner | Gonzalez Juan Santos | $322,797 | |
| Previous Owner | Gonzalez Juan | $328,652 | |
| Previous Owner | Taylor Kim | $350,000 | |
| Previous Owner | Watson Hope Barker | $216,000 | |
| Previous Owner | Blumenthal Jamei | $165,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2023 11/17/23 | Sold | $567,500 | +6.1% | -- |
| 08/29/2023 08/29/23 | Pending | -- | -- | -- |
| 08/22/2023 08/22/23 | For Sale | $535,000 | -- | -- |
Source: Hudson County 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 | $6,893 | $184,900 | $20,800 | $164,100 |
| 2022 | $6,908 | $184,900 | $20,800 | $164,100 |
| 2021 | $6,904 | $184,900 | $20,800 | $164,100 |
| 2020 | $7,026 | $184,900 | $20,800 | $164,100 |
| 2019 | $6,954 | $184,900 | $20,800 | $164,100 |
| 2018 | $6,828 | $184,900 | $20,800 | $164,100 |
| 2017 | $6,582 | $184,900 | $20,800 | $164,100 |
| 2016 | $6,361 | $184,900 | $20,800 | $164,100 |
| 2015 | $6,118 | $184,900 | $20,800 | $164,100 |
| 2014 | $5,734 | $184,900 | $20,800 | $164,100 |
Source: Public Records
Agents Affiliated with this Home
-
Tarek Hassieb
Seller's Agent in 2023
Tarek Hassieb
LIBERTY REALTY LLC
(201) 725-4628
1 in this area
139 Total Sales
Map
Source: Hudson County MLS
MLS Number: 230014084
APN: 14-01877-0000-00015
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