NOT LISTED FOR SALE

62-64 Chambers St Newark, NJ 07105

Five Corners Neighborhood

Estimated Value: $1,060,013 - $1,430,000

-- Bed
9 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold February 10, 2022

Last sale price $910,000

Est. 35% increase in value since last sale

Current estimated payment $8,406/month

333 Days on Market

About This Home

As of February 2022

This home is located at 62-64 Chambers St, Newark, NJ 07105 since 04 January 2021 and is currently estimated at $1,230,753. This property was built in 1992. 62-64 Chambers St is a home located in Essex County with nearby schools including Hawkins Street Elementary School, Lafayette Street Elementary School, and Oliver Street School.

Last Listed By

Augusto Verissimo

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000 Listed on: 01/04/2021

WEICHERT REALTORS - HOME CITY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,983

Year Built

  • Built in 1992

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,983

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Year Built: 1992
  • County Name: Essex
  • Street Number Display: 62-64
  • I D: 5039938
  • Modified: 2023-02-11
  • Number Images: 1
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 38X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 8, 2022
Sold by
Soares Joao P
Bought by
Vega Jackson and Vega Carmen O
Seller's Agent
Augusto Verissimo
WEICHERT REALTORS - HOME CITY
Buyer's Agent
HECTOR ROJAS
EXP REALTY, LLC
List Price
$929,000
Sold Price
$910,000
Premium/Discount to List
-$19,000
-2.05%
Total Days on Market
333
Current Estimated Value
$1,230,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,753
Avg. Annual Appreciation
9.74%
Original Mortgage
$711,720
Outstanding Balance
$666,904
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$563,849

Purchase Details

Closed on
Mar 24, 2003
Sold by
Felner Lori
Bought by
Soares Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.27%

Purchase Details

Closed on
Jul 11, 1996
Sold by
Inelli John
Bought by
Soares Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.91%

Purchase Details

Closed on
May 17, 1996
Sold by
Soares Marco
Bought by
Soares Joao and Fellner Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.91%

Purchase Details

Closed on
Aug 10, 1994
Sold by
Chambers St Urban
Bought by
Soares Marco and Soares Joao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
8.52%

Range of Values:

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
Vega Jackson $910,000 Simoes Fausto
Soares Joan $126,500 --
Soares Manuel $10,000 --
Soares Joao $250,000 --
Soares Marco $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vega Jackson $711,720
Previous Owner Soares Joao P $320,000
Previous Owner Soares Joao P $320,000
Previous Owner Soares Joao P $100,000
Previous Owner Soares Joan $330,000
Previous Owner Soares Joao $200,000
Previous Owner Soares Marco $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold $910,000 -2.0% --
12/03/2021 12/03/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $929,000 -- --
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 $18,983 $509,200 $76,500 $432,700
2022 $14,746 $394,700 $76,500 $318,200
2021 $14,738 $394,700 $76,500 $318,200
2020 $14,999 $394,700 $76,500 $318,200
2019 $14,845 $394,700 $76,500 $318,200
2018 $14,576 $394,700 $76,500 $318,200
2017 $14,051 $394,700 $76,500 $318,200
2016 $13,578 $394,700 $76,500 $318,200
2015 $13,061 $394,700 $76,500 $318,200
2014 $12,240 $394,700 $76,500 $318,200
Source: Public Records

Agents Affiliated with this Home

  • Augusto Verissimo

    Seller's Agent in 2022

    Augusto Verissimo

    WEICHERT REALTORS - HOME CITY

    (973) 420-5317

    9 in this area

    216 Total Sales

    Augusto Verissimo
    Section Image
  • HECTOR ROJAS

    Buyer's Agent in 2022

    HECTOR ROJAS

    EXP REALTY, LLC

    (917) 533-9263

    2 in this area

    43 Total Sales

    HECTOR ROJAS
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3685528

Garden State MLS

APN: 14-01996-0000-00060-03

New Jersey Essex County Newark 07105 Five Corners

62-64 Chambers St, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 62-64 Chambers St, Newark, NJ 07105 since 04 January 2021 and is currently estimated at $1,230,753. This property was built in 1992. 62-64 Chambers St is a home located in Essex County with nearby schools including Hawkins Street Elementary School, Lafayette Street Elementary School, and Oliver Street School.

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