NOT LISTED FOR SALE

61 Osborne Terrace Unit 2 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $579,000 - $791,000

-- Bed
3 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold December 02, 2022

Last sale price $566,500

Est. 23% increase in value since last sale

Current estimated payment $4,482/month

62 Days on Market

About This Home

As of December 2022

This home is located at 61 Osborne Terrace Unit 2, Newark, NJ 07108 since 21 June 2022 and is currently estimated at $698,051. This property was built in 1912. 61 Osborne Terrace Unit 2 is a home located in Essex County with nearby schools including Belmont Runyon School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.

BARBARA DOUGLAS-ROBINSON

BROOKMAN REALTY Brokerage Phone: 973-762-9000 Listed on: 06/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,945

Year Built

  • 1912

Lot Details

  • 7,405 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,945

Year Built

1912

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 61
  • I D: 5159467
  • Modified: 2023-12-03
  • Number Images: 0
  • Attribution Contact: 973-762-9000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1912

Lot Info

  • Lot Size: 50X150
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Dec 2, 2022
Sold by
Amuh Shelly
Bought by
Britton Eric and Soverall Peter
Buyer's Agent
BARBARA DOUGLAS-ROBINSON
BROOKMAN REALTY
List Price
$575,000
Sold Price
$566,500
Premium/Discount to List
-$8,500
-1.48%
Total Days on Market
62
Current Estimated Value
$698,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,551
Avg. Annual Appreciation
8.64%
Original Mortgage
$541,510
Outstanding Balance
$528,250
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$169,801

Purchase Details

Closed on
Oct 6, 2006
Sold by
Diehl Sonya Hedgepeth
Bought by
Blair Mabel

Purchase Details

Closed on
Apr 30, 1991
Sold by
Webster Nelson L and Webster Dolores S
Bought by
Hedgepeth Irene
Source: Public Records

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Range of Values:

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Average Value
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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
Britton Eric $551,500 Wfg National Title
Blair Mabel $245,000 --
Hedgepeth Irene $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Britton Eric $541,510
Previous Owner Hedgepeth Diehl Sonya L $111,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $566,500 -1.5% --
08/26/2022 08/26/22 Price Changed $575,000 0.0% --
08/22/2022 08/22/22 Pending -- -- --
08/15/2022 08/15/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $575,000 -- --
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
2024 $6,945 $281,300 $22,700 $258,600
2022 $6,960 $186,300 $22,700 $163,600
2021 $6,956 $186,300 $22,700 $163,600
2020 $7,079 $186,300 $22,700 $163,600
2019 $7,007 $186,300 $22,700 $163,600
2018 $6,880 $186,300 $22,700 $163,600
2017 $6,632 $186,300 $22,700 $163,600
2016 $6,409 $186,300 $22,700 $163,600
2015 $6,165 $186,300 $22,700 $163,600
2014 $5,777 $186,300 $22,500 $163,800
Source: Public Records

Agents Affiliated with this Home

  • B

    Buyer's Agent in 2022

    BARBARA DOUGLAS-ROBINSON

    BROOKMAN REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3790784

Garden State MLS

APN: 14-03032-0000-00057

New Jersey Essex County Newark 07108 Clinton Hill

61 Osborne Terrace Unit 2, Newark, NJ

This home is located at 61 Osborne Terrace Unit 2, Newark, NJ 07108 since 21 June 2022 and is currently estimated at $698,051. This property was built in 1912. 61 Osborne Terrace Unit 2 is a home located in Essex County with nearby schools including Belmont Runyon School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.

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