NOT LISTED FOR SALE

58 Willoughby St Unit 1R Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $674,000 - $828,000

3 Beds
1 Bath
4,104 Sq Ft
$181/Sq Ft Est. Value

About This Home

This home is located at 58 Willoughby St Unit 1R, Newark, NJ 07112 and is currently estimated at $742,065, approximately $180 per square foot. 58 Willoughby St Unit 1R is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Belmont Runyon School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2020
Sold by
Malcolm Shabbaz Urban Ren
Bought by
Highland Ave Apartments
Current Estimated Value
$742,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Outstanding Balance
$292,141
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$449,924

Purchase Details

Closed on
Jan 6, 2019
Sold by
Soffer Rochel
Bought by
Malcolm Shabbaz Urban Ren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
5.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 18, 2015
Sold by
Federal National Mortgage Assn and Fannie Mae
Bought by
Soffer Rochel

Purchase Details

Closed on
Jul 30, 2015
Sold by
Ocwen Loan Servicing Llc
Bought by
Federal National Mortgage Assn

Purchase Details

Closed on
Nov 25, 2014
Sold by
Gayle-Lawson Triesha S
Bought by
Ocwen Loan Servicing Llc

Purchase Details

Closed on
Nov 4, 2011
Sold by
Philip Investment Llc
Bought by
Gayle Lawson Triesha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,300
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Philip Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,710
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2006
Sold by
Bonhometre Jodel
Bought by
Lacy Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,660
Interest Rate
6.67%

Purchase Details

Closed on
Feb 6, 2003
Sold by
Reilly William
Bought by
Bonhometre Jodel and Jean St Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
5.84%

Purchase Details

Closed on
Jun 6, 2002
Sold by
Fedee Trevor
Bought by
Levine Harvey

Purchase Details

Closed on
Nov 14, 1994
Sold by
Vet Affairs
Bought by
Malcolm Dervan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Highland Ave Apartments $428,000 None Available
Malcolm Shabbaz Urban Ren $428,000 None Available
Soffer Rochel $56,500 Old Republic National
Federal National Mortgage Assn -- None Listed On Document
Ocwen Loan Servicing Llc -- None Listed On Document
Gayle Lawson Triesha S $212,466 None Available
Philip Investment Llc $123,000 Fortune Title Agency Inc
Lacy Linda $391,550 --
Bonhometre Jodel $225,000 --
Levine Harvey $80,000 --
Malcolm Dervan $7,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highland Ave Apartments $321,000
Previous Owner Malcolm Shabbaz Urban Ren $321,000
Previous Owner Gayle Lawson Triesha S $159,300
Previous Owner Philip Investment Llc $110,710
Previous Owner Lacy Linda $293,660
Previous Owner Bonhometre Jodel $122,500
Closed Soffer Rochel $0
Source: Public Records

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 $14,573 $390,900 $29,400 $361,500
2024 $14,573 $390,900 $29,400 $361,500
2022 $14,604 $390,900 $29,400 $361,500
2021 $14,596 $390,900 $29,400 $361,500
2020 $5,130 $135,000 $29,400 $105,600
2019 $5,792 $154,000 $29,400 $124,600
2018 $5,687 $154,000 $29,400 $124,600
2017 $5,482 $154,000 $29,400 $124,600
2016 $5,298 $154,000 $29,400 $124,600
2015 $5,096 $154,000 $29,400 $124,600
2014 $4,776 $154,000 $29,400 $124,600
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

58 Willoughby St Unit 1R, Newark, NJ

Not Listed for Sale

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