NOT LISTED FOR SALE

Estimated Value: $1,114,566 - $1,343,000

9 Beds
7 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold February 10, 2022

Last sale price $910,000

Est. 35% increase in value since last sale

Current estimated payment $8,007/month

333 Days on Market

About This Home

As of February 2022

GREAT INVESTMENT OPPORTUNITY !!! Welcome to this four-story three-family home located just a few short blocks from Newark Penn Station. Everything is just steps from your door. The Ironbound Restaurants/Shopping/Nightlife, while only half a block away from River Bank Park. Features Kitchen, living room/Dining room, three spacious bedrooms per apartment, and two full baths plus finished attic hardwood floors throughout. Exterior brick front up to the first-floor level Driveway and garage for two cars, extra driveway on the side of the house with additional parking in the rear for four cars; Great income potential

Last Agent to Sell the Property

Augusto Verissimo

Weichert Home City Realty Listed on: 01/04/2021

Weichert Home City Realty

Last Buyer's Agent

HECTOR ROJAS

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,845

Lot Details

  • 3,798 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 00060 / 01996

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,845

Lot Details

3,798 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: (973) 741-3000
  • MLS Status: Sold - Sold
  • Directions: Ferry to Chambers
  • Architectural Style: 3 Family
  • Year Built Details: 1990's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 7
  • Total Bedrooms: 9

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 3798.0

Tax Info

  • Tax Annual Amount: 14845.0
  • Tax Block: 01996
  • Tax Lot: 00060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Feb 8, 2022
Sold by
Soares John P and Soares Joao P
Bought by
Vega Jackson and Vega Carmen O
Seller's Agent
Augusto Verissimo
Weichert Home City Realty
Buyer's Agent
HECTOR ROJAS
EXP Realty, LLC
List Price
$929,000
Sold Price
$910,000
Premium/Discount to List
-$19,000
-2.05%
Current Estimated Value
$1,228,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,642
Avg. Annual Appreciation
7.60%
Original Mortgage
$711,720
Outstanding Balance
$657,029
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$571,613

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%
Source: Public Records
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
Vega Jackson $910,000 None Listed On Document
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 Joan $330,000
Previous Owner Soares Joao $200,000
Previous Owner Soares Marco $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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: New Jersey MLS

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 $19,365 $509,200 $76,500 $432,700
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

  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 21000440

New Jersey MLS

APN: 14-01996-0000-00060-03

Your Personal Tour Guide

Ask me questions while you tour the home.