NOT LISTED FOR SALE

61 Weequahic Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $624,694 - $689,000

Studio
-- Bath
-- Sq Ft
30 Sq Ft Lot Lot

Sale Details

Date Sold: January 31, 2022

Last sale price $410,000

Est. 59% increase in value since last sale

Current estimated payment $4,470 / mo

11 Days on Market

About This Home

As of January 2022

This home is located at 61 Weequahic Ave, Newark, NJ 07112 since 15 March 2021 and is currently estimated at $653,924. This property was built in 1910. 61 Weequahic Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Chancellor Avenue School, and Belmont Runyon School.

Last Agent to Sell the Property

Joaquim Ferreira

CORNERSTONE REALTY ASSOCIATES Brokerage Phone: 973-856-6900 Listed on: 03/15/2021

Last Buyer's Agent

OLUWATAYO OLUWADARE

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 30 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

30 Sq Ft Lot

Listing Details

  • Year Built: 1910
  • County Name: Essex
  • I D: 5044052
  • Attribution Contact: 973-856-6900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30 X 100
  • Total Acres: 0.07

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Jan 18, 2022
Sold by
Bought by
Seller's Agent
Joaquim Ferreira
CORNERSTONE REALTY ASSOCIATES
Buyer's Agent
OLUWATAYO OLUWADARE
EXP REALTY, LLC
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Current Estimated Value
$653,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,924
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
May 23, 2011
Sold by
Bought by

Purchase Details

Closed on
May 19, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 17, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,804
Interest Rate
5.71%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 1989
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 1988
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$410,000 Weinstein Joseph N
$60,000 Multiple
$60,000 Multiple
$152,100 --
$123,000 --
$58,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $145,804
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $410,000 +2.5% --
03/26/2021 03/26/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $399,900 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,090 $291,600 $30,000 $261,600
2024 $10,871 $291,600 $30,000 $261,600
2023 $9,265 $291,600 $30,000 $261,600
2022 $9,265 $248,000 $30,000 $218,000
2021 $9,260 $248,000 $30,000 $218,000
2020 $9,424 $248,000 $30,000 $218,000
2019 $9,327 $248,000 $30,000 $218,000
2018 $2,242 $60,700 $30,000 $30,700
2017 $2,161 $60,700 $30,000 $30,700
2016 $2,088 $60,700 $30,000 $30,700
2015 $2,009 $60,700 $30,000 $30,700
2014 $1,882 $60,700 $30,000 $30,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joaquim Ferreira

    CORNERSTONE REALTY ASSOCIATES

    (973) 819-7126

    5 in this area

    59 Total Sales

    Joaquim Ferreira
    Section Image

  • O

    Buyer's Agent in 2022

    OLUWATAYO OLUWADARE

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3697935

Garden State MLS

APN: 14-03676-0000-00041

New Jersey Essex County Newark 07112 Weequahic

61 Weequahic Ave, Newark, NJ

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