$199,000
- 5 Beds
- 2 Baths
- 176 Jefferson St
- Newark, NJ
well kept home needs house being sold in "As Is" condition buyer responsible for all inspections! Oil Tank in the ground not being used! LOCATION LOCATION!!!
OSCAR ALBAN C-21 SEMIAO & ASSOCIATES
55 Nichols St Newark, NJ 07105
South Ironbound Neighborhood
--
Bed
--
Bath
--
Sq Ft
1,307
Sq Ft Lot
About This Home
As of November 2022This home is located at 55 Nichols St, Newark, NJ 07105 and is currently priced at $185,000. 55 Nichols St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.
Last Agent to Sell the Property
AAA COMMUNITY REALTY Brokerage Phone: 201-433-0800 Listed on: 03/01/2017
Last Buyer's Agent
AAA COMMUNITY REALTY Brokerage Phone: 201-433-0800 Listed on: 03/01/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,918
Lot Details
- 1,307 Sq Ft Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2022
Closed on
Oct 31, 2022
Sold by
55 Nichols Llc
Bought by
Shafto Carissa and Shafto Patrick
Seller's Agent
Valeria Martinez
Prominent Properties Sotheby's International Realty-Edgewater
Buyer's Agent
Christopher Lugo-Marrero
Keller Williams Realty - NJ Metro Group
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
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
$109,994
Avg. Annual Appreciation
6.26%
Original Mortgage
$431,250
Outstanding Balance
$418,670
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$261,733
Purchase Details
Closed on
Jun 18, 2021
Sold by
Env Management Llc
Bought by
55 Nichols Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Mar 1, 2017
Closed on
May 18, 2017
Sold by
Kunjan Sanita
Bought by
Env Management Llc
Seller's Agent
Dennis Seecharan
AAA COMMUNITY REALTY
Buyer's Agent
Dennis Seecharan
AAA COMMUNITY REALTY
List Price
$249,000
Sold Price
$185,000
Premium/Discount to List
-$64,000
-25.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.19%
Original Mortgage
$135,000
Interest Rate
4.03%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 27, 2017
Sold by
Wells Fargo Bank National Association
Bought by
Kunjan Sanita
Purchase Details
Closed on
Jan 31, 1996
Sold by
Ragonese Theresa
Bought by
Gasavage Reynard and Gasavage Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.1%
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Welcome to Your Ideal Investment Opportunity! 3-family home offering excellent income potential. The first-floor unit features 2 bedrooms, a spacious living room, dining room, kitchen, utility room, and a full bath. The second and third-floor units each offer 3 bedrooms, a living room, dining room, kitchen, and a full bathroom.
OSCAR CASTRO OPTION 1 REALTY GROUP, LLC
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $575,000 | True Value Title | |
| Deed | $415,000 | Sunnyside Title | |
| Deed | $165,000 | Elite Title Group Llc | |
| Deed | $131,250 | None Available | |
| Deed | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $431,250 | New Conventional | |
| Previous Owner | $390,000 | Purchase Money Mortgage | |
| Previous Owner | $135,000 | Unknown | |
| Previous Owner | $135,000 | Purchase Money Mortgage | |
| Previous Owner | $260,500 | New Conventional | |
| Previous Owner | $178,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $140,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2022 11/01/22 | Sold | $575,000 | +4.5% | -- |
| 09/27/2022 09/27/22 | Pending | -- | -- | -- |
| 08/30/2022 08/30/22 | For Sale | $550,000 | +197.3% | -- |
| 05/23/2017 05/23/17 | Sold | $185,000 | -25.7% | -- |
| 05/02/2017 05/02/17 | Pending | -- | -- | -- |
| 03/01/2017 03/01/17 | For Sale | $249,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $11,918 | $319,700 | $58,500 | $261,200 |
| 2024 | $11,918 | $319,700 | $58,500 | $261,200 |
| 2022 | $13,225 | $354,000 | $58,500 | $295,500 |
| 2021 | $13,218 | $354,000 | $58,500 | $295,500 |
| 2020 | $15,926 | $419,100 | $58,500 | $360,600 |
| 2019 | $15,762 | $419,100 | $58,500 | $360,600 |
| 2018 | $3,715 | $100,600 | $58,500 | $42,100 |
| 2017 | $3,581 | $100,600 | $58,500 | $42,100 |
| 2016 | $3,461 | $100,600 | $58,500 | $42,100 |
| 2015 | $3,329 | $100,600 | $58,500 | $42,100 |
| 2014 | $3,120 | $100,600 | $58,500 | $42,100 |
Source: Public Records
Agents Affiliated with this Home
-
V
Seller's Agent in 2022
Valeria Martinez
Prominent Properties Sotheby's International Realty-Edgewater
(973) 885-3625
1 in this area
2 Total Sales
-
C
Buyer's Agent in 2022
Christopher Lugo-Marrero
Keller Williams Realty - NJ Metro Group
(973) 783-7400
2 in this area
14 Total Sales
-
D
Seller's Agent in 2017
Dennis Seecharan
AAA COMMUNITY REALTY
(201) 680-1280
9 Total Sales
Map
Source: Garden State MLS
MLS Number: 3367966
APN: 14-00959-0000-00069
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