NOT LISTED FOR SALE

61 Pierce St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $370,000 - $467,000

3 Beds
1.5 Baths
-- Sq Ft
31 Sq Ft Lot

Last Sold October 16, 2020

Last sale price $201,000

Est. 101% increase in value since last sale

Current estimated payment $2,667/month

54 Days on Market

Highlights

  • Colonial Architecture
  • Loft
  • Accessible Bedroom
  • Wood Flooring
  • High Ceiling
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Renovated 3 Bedroom home located on a quiet street in zip code 07103. Great starter home or investment opportunity to earn good cash flow. Motivated Seller. Central air and heating system with new stainless steel appliances and washer dryer hook up. Modern kitchen & bathroom, hardwood floors throughout the home with a large back garden accessible from the rear. Great transportation links to NYC and surrounding areas.

Last Agent to Sell the Property

DARRELL BAILEY

EXP REALTY, LLC Listed on: 06/24/2020

EXP REALTY, LLC

Last Buyer's Agent

DARRELL BAILEY

EXP REALTY, LLC Listed on: 06/24/2020

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,080

Year Built

  • Built in 1897

Lot Details

  • 31

Parking

  • Inside Entrance

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • High Ceiling
  • Living Room with Fireplace
  • Loft
  • Wood Flooring
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Additional Features

  • Accessible Bedroom
  • 31 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1614-02619-0000-00031-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,080

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1897
  • Year Built Description: Approximate
  • County Name: Essex
  • Renovated Year: 2000
  • Street Number Display: 61
  • Directions: Springfield Ave to Pierce St
  • I D: 4992035
  • Modified: 2021-10-17
  • Number Images: 10
  • Section Subdiv Development: West Side
  • First Name: DARRELL
  • First Name3: DARRELL
  • First Name4: REYNALDO
  • Last Name: BAILEY
  • Last Name3: BAILEY
  • Last Name4: GUTIERREZ
  • Office Phone: 862-283-1282
  • Office Phone3: 862-283-1282
  • Office Phone4: 291846
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2000

Interior Features

  • Flooring: Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Microwave Oven, Range/Oven-Gas
  • Interior Amenities: Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: Ground
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Family Room Level: Ground
  • Kitchen Level: Ground
  • Living Room Level: Ground
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Loft, Toilet
  • Ground Level Rooms: 1 Bedroom, Inside Entrance, Kitchen, Living Room, Outside Entrance, Toilet
  • Phone: 908-664-1500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 31
  • Assessed Improvement Value: 80600
  • Assessed Land Value: 27900
  • Assessment: 108500
  • Easement: Unknown
  • Lot Identifier: 31
  • Total Acres: 0.05

Tax Info

  • Tax Amount: 4080
  • Assessor Parcel Number: 1614-02619-0000-00031-0000-
  • Tax Rate Amount: 3.693
  • Tax Rate Year: 2018
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Oct 13, 2020
Sold by
Newark Property Owner 2 Llc
Bought by
Jordan Jonathan and Jordan Savanna Stroud
Seller's Agent
DARRELL BAILEY
EXP REALTY, LLC
Buyer's Agent
DARRELL BAILEY
EXP REALTY, LLC
List Price
$215,000
Sold Price
$201,000
Premium/Discount to List
-$14,000
-6.51%
Current Estimated Value
$403,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,475
Avg. Annual Appreciation
15.52%
Original Mortgage
$197,359
Outstanding Balance
$176,022
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$227,453

Purchase Details

Closed on
Sep 22, 2014
Sold by
Sheriff Armando Fontoura
Bought by
Federal National Mor
Source: Public Records

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
Jordan Jonathan $201,000 New Horizon Abstract Inc
Federal National Mor $100 --
Federal National Mor $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Jonathan $18,801
Open Jordan Jonathan $197,359
Closed Jordan Jonathan $197,359
Previous Owner Brown Ruby Wright $349,500
Previous Owner Brown Ruby Wright $148,750
Previous Owner Wright Ruby $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $201,000 +0.6% --
08/17/2020 08/17/20 Pending -- -- --
07/24/2020 07/24/20 Price Changed $199,900 -7.0% --
06/24/2020 06/24/20 For Sale $215,000 +290.9% --
07/19/2019 07/19/19 Sold $55,000 0.0% $47 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $55,000 -- $47 / Sq Ft
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 $5,495 $147,400 $27,900 $119,500
2024 $5,495 $147,400 $27,900 $119,500
2022 $5,507 $147,400 $27,900 $119,500
2021 $4,051 $108,500 $27,900 $80,600
2020 $4,123 $108,500 $27,900 $80,600
2019 $4,081 $108,500 $27,900 $80,600
2018 $4,007 $108,500 $27,900 $80,600
2017 $3,863 $108,500 $27,900 $80,600
2016 $3,732 $108,500 $27,900 $80,600
2015 $3,590 $108,500 $27,900 $80,600
2014 $3,365 $108,500 $27,900 $80,600
Source: Public Records

Agents Affiliated with this Home

  • DARRELL BAILEY

    Seller's Agent in 2020

    DARRELL BAILEY

    EXP REALTY, LLC

    (862) 254-8827

    2 in this area

    160 Total Sales

    Section Image

  • R

    Buyer Co-Listing Agent in 2020

    REYNALDO GUTIERREZ

    REALTY ONE GROUP LEGEND

  • M

    Seller's Agent in 2019

    Marcia Macedo

    REDFIN CORPORATION

    Section Image

  • D

    Buyer's Agent in 2019

    DAWN CUNDARI

    REDFIN CORPORATION

See All Agents

Map

Source: Garden State MLS

MLS Number: 3642929

Garden State MLS

APN: 14-02619-0000-00031

New Jersey Essex County Newark 07103 West Side

61 Pierce St, Newark, NJ

This home is located at 61 Pierce St, Newark, NJ 07103 since 24 June 2020 and is currently estimated at $403,475. This property was built in 1897. 61 Pierce St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Louise A. Spencer School.

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