$165,000
SOLD JAN 12, 2017

56 Willoughby St Newark, NJ 07112

Weequahic Neighborhood
-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Recently Sold

2% Below List Price

21 Days on Market

About This Home

As of January 2017

This home is located at 56 Willoughby St, Newark, NJ 07112 and is currently priced at $165,000. 56 Willoughby St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

LARRY SHARPE

SHARPE REALTY INC./MAPLEWOOD Listed on: 06/08/2016

Last Buyer's Agent

LARRY SHARPE

SHARPE REALTY INC./MAPLEWOOD Listed on: 06/08/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,456

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,456

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 56
  • I D: 4636477
  • Modified: 2021-09-23
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Kent Moh Llc
Bought by
Maze Norwood Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$540,715
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$142,580

Purchase Details

Listed on
Jun 8, 2016
Closed on
Jan 12, 2017
Sold by
Citimortgage Inc
Bought by
Kent Moh Llc
Seller's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
Buyer's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
List Price
$168,900
Sold Price
$165,000
Premium/Discount to List
-$3,900
-2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.15%

Purchase Details

Closed on
Oct 7, 2016
Sold by
Secretary Of Hud Of Washington
Bought by
Citimortgage Inc

Purchase Details

Closed on
Aug 21, 2008
Sold by
Clove Lake Development Corporation
Bought by
Pereira Vania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,661
Interest Rate
6.58%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2007
Sold by
Clove Lakes Development Corporation
Bought by
Clove Lakes Investment & Development Cor

Purchase Details

Closed on
Nov 22, 2002
Sold by
City Of Newark
Bought by
Clove Lake Dev Corp

Purchase Details

Closed on
Nov 20, 1998
Sold by
Essex Mortgage
Bought by
Bowers Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,773
Interest Rate
6.83%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Type Sale Price Title Company
Deed $685,000 Cross Bridge Title
Deed $165,000 Chicago Title Insurance Co
Deed -- None Available
Deed $485,000 Sunrise Title Agency
Quit Claim Deed -- None Available
Deed $62,669 --
Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 Construction
Open $548,000 New Conventional
Previous Owner $467,661 FHA
Previous Owner $173,773 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $729,000 +341.8% --
01/12/2017 01/12/17 Sold $165,000 -2.3% --
06/29/2016 06/29/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $168,900 -- --
Source: Garden State 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 $7,456 $200,000 $26,300 $173,700
2022 $7,472 $200,000 $26,300 $173,700
2021 $7,468 $200,000 $26,300 $173,700
2020 $9,014 $237,200 $26,300 $210,900
2019 $8,921 $237,200 $26,300 $210,900
2018 $8,760 $237,200 $26,300 $210,900
2017 $8,444 $237,200 $26,300 $210,900
2016 $8,160 $237,200 $26,300 $210,900
2015 $7,849 $237,200 $26,300 $210,900
2014 $7,356 $237,200 $26,300 $210,900
Source: Public Records

Agents Affiliated with this Home

  • TOVIA LICHTMAN

    Seller's Agent in 2025

    TOVIA LICHTMAN

    KELLER WILLIAMS MID-TOWN DIRECT

    (347) 470-6144

    26 in this area

    268 Total Sales

    TOVIA LICHTMAN
    Section Image

  • L

    Seller's Agent in 2017

    LARRY SHARPE

    SHARPE REALTY INC./MAPLEWOOD

See All Agents

Map

Source: Garden State MLS

MLS Number: 3316372

Garden State MLS

APN: 14-03052-0000-00018

New Jersey Essex County Newark 07112 Weequahic

56 Willoughby St, Newark, NJ

This home is located at 56 Willoughby St, Newark, NJ 07112 and is currently priced at $165,000. 56 Willoughby St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Peshine Avenue Elementary School.

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