$405,000
SOLD SEP 12, 2022

563 Hunterdon St Newark, NJ 07108

Clinton Hill Neighborhood
-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Recently Sold

8% Below List Price

37 Days on Market

About This Home

As of September 2022

This home is located at 563 Hunterdon St, Newark, NJ 07108 and is currently priced at $405,000. 563 Hunterdon St is a home located in Essex County with nearby schools including Belmont Runyon School, Louise A. Spencer School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

Paul Covello

C-21 GEMINI, LLC. Brokerage Phone: 973-696-1111 Listed on: 07/11/2022

Last Buyer's Agent

Paul Covello

C-21 GEMINI, LLC. Brokerage Phone: 973-696-1111 Listed on: 07/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,383

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,383

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 563
  • I D: 5165192
  • Modified: 2023-09-13
  • Number Images: 1
  • Attribution Contact: 973-696-1111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X105
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
563 Hunterdon St Newark Llc
Bought by
563 Hunterdon Ave 4118 Newark Llc
Current Estimated Value
$503,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Outstanding Balance
$573,006
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
-$69,542

Purchase Details

Listed on
Jul 11, 2022
Closed on
Nov 2, 2022
Sold by
563 Hunterdon St Llc
Bought by
563 Hunterdon St Newark Llc
Seller's Agent
Paul Covello
C-21 GEMINI, LLC.
Buyer's Agent
Paul Covello
C-21 GEMINI, LLC.
List Price
$439,900
Sold Price
$405,000
Premium/Discount to List
-$34,900
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$495,000
Interest Rate
6.92%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 11, 2022
Closed on
Sep 7, 2022
Sold by
563 Hunterdon Llc
Bought by
563 Hunterdon St Llc
Seller's Agent
Paul Covello
C-21 GEMINI, LLC.
Buyer's Agent
Paul Covello
C-21 GEMINI, LLC.
List Price
$439,900
Sold Price
$405,000
Premium/Discount to List
-$34,900
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.92%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 26, 2015
Sold by
Fontoura Armando B
Bought by
Urban Financial Of America Llc and Shoulars Woodrow Wilson

Purchase Details

Closed on
Nov 30, 2012
Sold by
Shoulars Woodrow Wilson
Bought by
Shoulars Woodrow Wilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
3.44%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jul 9, 1998
Sold by
Johnson Ethel
Bought by
Shoulars Woodward and Shoulars Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,600
Interest Rate
6.68%
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 Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed $660,000 --
Deed $405,000 None Listed On Document
Personal Reps Deed $162,736 None Available
Interfamily Deed Transfer -- Ort
Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $581,250 New Conventional
Previous Owner $495,000 Construction
Previous Owner $372,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $76,600 No Value Available
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2022 09/12/22 Sold $405,000 0.0% --
09/12/2022 09/12/22 Sold $405,000 -7.9% -- View Prior Sale
08/17/2022 08/17/22 Pending -- -- --
08/17/2022 08/17/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $439,900 0.0% --
07/11/2022 07/11/22 For Sale $439,900 -7.4% --
06/05/2022 06/05/22 For Sale $475,000 -- --
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
2025 $5,383 $144,400 $21,700 $122,700
2024 $5,383 $144,400 $21,700 $122,700
2022 $5,395 $144,400 $21,700 $122,700
2021 $5,392 $144,400 $21,700 $122,700
2020 $5,487 $144,400 $21,700 $122,700
2019 $5,431 $144,400 $21,700 $122,700
2018 $5,333 $144,400 $21,700 $122,700
2017 $5,141 $144,400 $21,700 $122,700
2016 $4,967 $144,400 $21,700 $122,700
2015 $4,778 $144,400 $21,700 $122,700
2014 $4,478 $144,400 $21,700 $122,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Paul Covello

    C-21 GEMINI, LLC.

    (973) 296-5180

    2 in this area

    13 Total Sales

    Paul Covello
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3795137

Garden State MLS

APN: 14-02660-0000-00015

New Jersey Essex County Newark 07108 Clinton Hill

563 Hunterdon St, Newark, NJ

This home is located at 563 Hunterdon St, Newark, NJ 07108 and is currently priced at $405,000. 563 Hunterdon St is a home located in Essex County with nearby schools including Belmont Runyon School, Louise A. Spencer School, and Peshine Avenue Elementary School.

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