NOT LISTED FOR SALE

Estimated Value: $909,628 - $1,059,000

-- Bed
-- Bath
-- Sq Ft
4,487 Sq Ft Lot

Last Sold November 21, 2022

Last sale price $800,000

Est. 22% increase in value since last sale

Current estimated payment $6,334/month

114 Days on Market

About This Home

As of November 2022

This stunning 3-family is impossible to pass up and a great investment opportunity. Conveniently located in Iron bound near all restaurants, supermarkets, and a lot more. Comes with 2 on-site parking spots, a sizeable backyard that can be used for entertainment and/or storage, and a balcony on the second and third floors. All units are equipped with 3 bedrooms and 2 bathrooms, each unit features an open concept kitchen, living room, and dining room. Each unit has a laundry area as well as central A/C and heat. Only an 18-minute from Newark Penn Station, a 5-minute from Wilson Avenue School, a short distance to NYC and a 10-minute drive to Newark Airport!

Last Agent to Sell the Property

Alejandra Jarrin

SIGNATURE REALTY NJ Listed on: 07/30/2022

SIGNATURE REALTY NJ

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,626

Year Built

  • Built in 2005

Lot Details

  • 4,487

Parking

  • 3 Car Attached Garage

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(electric gas), unit 2 owner pays(electric gas), unit 3 owner pays(electric gas)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,626

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 2005
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(Electric,Gas), Unit 2 Owner Pays(Electric,Gas), Unit 3 Owner Pays(Electric,Gas)
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,Living Room,2+ Baths), Unit 2(Dining Room,3 Bedrooms,Living Room,2+ Baths), Unit 3(Dining Room,3 Bedrooms,Kitchen,Living Room,2+ Baths)

Exterior Features

  • Lot Features: See Remarks

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage, Built-In Garage

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - All
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Tax Info

  • Tax Annual Amount: 13626
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Nov 18, 2022
Sold by
Granda Eduardo F and Granda Carmen Esperanza
Bought by
Chauca Angel R
Seller's Agent
Alejandra Jarrin
SIGNATURE REALTY NJ
List Price
$950,000
Sold Price
$800,000
Premium/Discount to List
-$150,000
-15.79%
Views
56
Current Estimated Value
$979,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,657
Avg. Annual Appreciation
7.45%
Original Mortgage
$600,000
Outstanding Balance
$582,420
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$397,237

Purchase Details

Closed on
Nov 15, 2005
Sold by
Gomes Development Inc
Bought by
Granda Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 22, 2004
Sold by
Wilson Avenue Assoc
Bought by
Gomes Development Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chauca Angel R $800,000 Land Title
Granda Eduardo $660,000 --
Gomes Development Inc $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chauca Angel R $600,000
Previous Owner Granda Carmen $550,000
Previous Owner Granda Eduardo $528,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $800,000 -15.8% --
07/30/2022 07/30/22 For Sale $950,000 -- --
Source: All 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 $13,369 $436,200 $72,600 $363,600
2024 $13,369 $436,200 $72,600 $363,600
2022 $13,397 $358,600 $72,600 $286,000
2021 $13,390 $358,600 $72,600 $286,000
2020 $13,627 $358,600 $72,600 $286,000
2019 $13,487 $358,600 $72,600 $286,000
2018 $13,243 $358,600 $72,600 $286,000
2017 $12,766 $358,600 $72,600 $286,000
2016 $12,336 $358,600 $72,600 $286,000
2015 $11,866 $358,600 $72,600 $286,000
2014 $11,120 $358,600 $72,600 $286,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2301514R

All Jersey MLS

APN: 14-02033-0000-00009-01