NOT LISTED FOR SALE

Estimated Value: $608,000 - $665,000

11 Beds
3 Baths
-- Sq Ft
2,396 Sq Ft Lot

Last Sold November 17, 2023

Last sale price $567,500

Est. 12% increase in value since last sale

Current estimated payment $4,084/month

7 Days on Market

Highlights

  • Rowhouse Architecture
  • Central Air
  • 4-minute walk to Liberty Park
  • Living Room
  • Dining Room

About This Home

As of November 2023

Excellent 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 Listed By

Tarek Hassieb

LIBERTY REALTY LLC License #1648869 Listed on: 08/22/2023

LIBERTY REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,907

Year Built

  • 1910

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,907

Year Built

1910

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 3 Family
  • Building Style: Row House
  • Lead Paint Form: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1910

Interior Features

  • Basement Type: Unfinished
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 11
  • Total Other Rooms: 1
  • Total Dining Rooms: 3
  • Total Kitchens: 3
  • Total Living Rooms: 3
  • Basement Other Rooms: 1
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: owner
  • Second Floor Bedrooms: 4
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1700
  • Third Floor Bedrooms: 4
  • Floor 3 Dining Rooms: 1
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 1600
  • Fl1 Rooms: 6
  • Fl2 Rooms: 7
  • Fl3 Rooms: 7

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick, Stucco

Garage/Parking

  • Parking Available: None

Utilities

  • Heating/Cooling: A/C Central, Gas

Lot Info

  • Geo Address Line: 52 3rd St
  • Geo Primary City: Newark
  • Geo Quality: 0.95
  • Geo Update Timestamp: 08/22/2023
  • Geo Zoom Level: 16
  • Lot: 15
  • Lot Size: 25x95

Tax Info

  • Year: 2022
  • Taxes: 6907

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%
Total Days on Market
7
Views
246
Current Estimated Value
$633,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,603
Avg. Annual Appreciation
7.78%
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%

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
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

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
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

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Source: Hudson County MLS

MLS Number: 230014084

Hudson County MLS

APN: 14-01877-0000-00015