NOT LISTED FOR SALE

Estimated Value: $655,000 - $730,000

9 Beds
4.5 Baths
-- Sq Ft
1,677 Sq Ft Lot

Last Sold July 10, 2023

Last sale price $575,000

Est. 20% increase in value since last sale

Current estimated payment $4,584/month

28 Days on Market

About This Home

As of July 2023

Great Investment opportunity! CASH COW RENOVATED 3 UNITS live rent free or collect rents as an investor! Monthly income $4650! This multi family is a money maker! Apt 1 has 3 bedrooms, living room, eat-in-kitchen and bathroom. Apt. 2 has 3 bedrooms, living room, eat-in-kitchen 2 bathrooms, master bedroom with master bathroom, 3rd floor has 3 bedrooms, eat-in-kitchen, living room. lovely renovated with open floorplans, beauttiful kitchens with stainless steel appliances, glistening hardwood floors throughout, 3 forced heating units , 3 HWH, 3 gas meters. Tremendous potential for more income, close to all forms of transportation, shops, parks, POW. You can still own a piece of the Newark before its too late. Must see to truly appreciate this gem.************MULTIPLE OFFERS H&B due Wednesday 5/24/2023 at 12pm email agent.

Last Agent to Sell the Property

Felicia Hankerson

Real Listed on: 05/11/2023

Real

Last Buyer's Agent

rashidah jenious

Samsel & Associates Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,753

Lot Details

  • 1,677 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 9 Bedrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00027 / 01793

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,753

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 908-514-4105
  • MLS Status: Sold - Sold
  • Directions: 19th St to 13th Ave
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 9

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 1677.0

Tax Info

  • Tax Annual Amount: 5753.0
  • Tax Block: 01793
  • Tax Lot: 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jul 5, 2023
Sold by
Hedden Holdings Llc
Bought by
Etta Gertrude
Seller's Agent
Felicia Hankerson
Real
Buyer's Agent
rashidah jenious
Samsel & Associates Real Estate Services
List Price
$549,999
Sold Price
$575,000
Premium/Discount to List
$25,001
4.55%
Views
248
Current Estimated Value
$690,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,842
Avg. Annual Appreciation
9.23%
Original Mortgage
$564,585
Outstanding Balance
$552,224
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$138,618

Purchase Details

Closed on
Nov 21, 2018
Sold by
Mulberry Management Group
Bought by
Hedden Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
4.81%

Purchase Details

Closed on
Mar 22, 2016
Sold by
Acevedo Investments Llc
Bought by
Mulberry Management Group Llc

Purchase Details

Closed on
Nov 5, 2015
Sold by
Sheriff Armando Fontoura
Bought by
Acevedo Investments

Purchase Details

Closed on
Aug 30, 2004
Sold by
Quality Investment & Managemen
Bought by
White Morris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 24, 2004
Sold by
The Chase Manhattan Bank
Bought by
Quality Investment Management
Source: Public Records

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
Etta Gertrude $575,000 Evident Title
Hedden Holdings Llc -- Chicago Title
Mulberry Management Group Llc -- Chicago Title
Acevedo Investments $28,100 --
White Morris $240,000 --
Quality Investment Management $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Etta Gertrude $564,585
Previous Owner Hedden Holdings Llc $490,000
Previous Owner White Morris $328,500
Previous Owner White Morris E $40,000
Previous Owner White Morris $255,000
Previous Owner White Morris $25,000
Previous Owner White Morris $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $575,000 +4.5% --
06/08/2023 06/08/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $549,999 -- --
Source: New Jersey 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 $9,216 $247,200 $17,600 $229,600
2024 $9,216 $247,200 $17,600 $229,600
2022 $5,753 $154,000 $17,600 $136,400
2021 $5,750 $154,000 $17,600 $136,400
2020 $5,852 $154,000 $17,600 $136,400
2019 $5,792 $154,000 $17,600 $136,400
2018 $5,687 $154,000 $17,600 $136,400
2017 $5,482 $154,000 $17,600 $136,400
2016 $5,298 $154,000 $17,600 $136,400
2015 $5,096 $154,000 $17,600 $136,400
2014 $4,776 $154,000 $17,600 $136,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23014090

New Jersey MLS

APN: 14-01793-0000-00027