NOT LISTED FOR SALE

62 Columbia St Unit 3rd Floor Newark, NJ 07102

Downtown Newark Neighborhood

Estimated Value: $738,000 - $937,000

1 Bed
1 Bath
4,466 Sq Ft
$194/Sq Ft Est. Value

About This Home

Luxurious & modern 1 bedroom apartment with open kitchen/living area, stainless steel appliances, stone countertops and wood floors.-; Washer/dryer facilities onsite.-; Walkable access to the shops, cafes and restaurants of the Ironbound.-; Walkable access to Prudential Center Arena, NJPAC, Whole Foods, Military Park and the many major corporations of Newark's downtown district.-; Just 6 blocks to Newark Penn Station; Approx 35 minutes to NYC (Penn Station or the World Trade Center) via PATH & NJ Transit; 15 minutes to Newark Airport.-; An absolute commuter's dream.-; No off-street parking available.-; RentSpree tenant screening protocol is required by the landlord. The financials are as follows (1st Month's Rent: $1,750 + Security Deposit: $2,625 = $4,375).-; LANDLORD IS PAYING THE BROKER FEE!-; Tenant pays Electric, Gas & Heat.-; Tenant Insurance required.-; No smoking allowed.-; No pets allowed.-; Section 8 recipients are enthusiastically encouraged to apply.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Fonseca Crystal C and Fonseca Jonas
Bought by
Nduka Joy
Current Estimated Value
$864,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,166
Outstanding Balance
$692,352
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$172,028

Purchase Details

Closed on
Sep 28, 2012
Sold by
Southward Develoment Llc
Bought by
Fonseca Crystal C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,087
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 2010
Sold by
Msi Equities Llc and Markowitz Simon
Bought by
Southward Development Llc

Purchase Details

Closed on
Jul 8, 2010
Sold by
Consumer Solutions Reo Llc
Bought by
Msi Equities Llc

Purchase Details

Closed on
Mar 22, 2010
Sold by
Rezende Fernando
Bought by
Consumer Solutions Reo Llc

Purchase Details

Closed on
Feb 23, 2005
Sold by
Morgado Neil
Bought by
Rezende Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
7.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 11, 2003
Sold by
Torres Benjamin
Bought by
Morgado Neil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.01%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Nduka Joy $790,000 Westcor Land Title
Fonseca Crystal C $275,000 Ats Title Agency
Southward Development Llc $100,000 First American Title Ins Co
Msi Equities Llc $43,000 First American Title Ins Co
Consumer Solutions Reo Llc -- None Available
Rezende Fernando $435,000 --
Morgado Neil $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nduka Joy $745,166
Previous Owner Fonseca Crystal C $69,337
Previous Owner Fonseca Crystal C $236,087
Previous Owner Rezende Fernando $428,000
Previous Owner Rezende Fernando $80,200
Previous Owner Rezende Fernando $454,500
Previous Owner Rezende Fernando $391,500
Previous Owner Rezende Fernando $9,000
Previous Owner Morgado Neil $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Rented $1,650 0.0% --
05/24/2023 05/24/23 Price Changed $1,650 -5.7% --
04/19/2023 04/19/23 For Rent $1,750 -- --

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 $16,101 $431,900 $45,000 $386,900
2022 $9,516 $254,700 $43,600 $211,100
2021 $9,511 $254,700 $43,600 $211,100
2020 $9,679 $254,700 $43,600 $211,100
2019 $9,579 $254,700 $43,600 $211,100
2018 $9,406 $254,700 $43,600 $211,100
2017 $9,067 $254,700 $43,600 $211,100
2016 $8,762 $254,700 $43,600 $211,100
2015 $8,428 $254,700 $43,600 $211,100
2014 $7,898 $254,700 $43,600 $211,100
Source: Public Records

Agents Affiliated with this Home

  • Ronald Collins

    Seller's Agent in 2023

    Ronald Collins

    HomeSmart First Advantage Realty

    (347) 229-1813

    26 Total Sales

    Ronald Collins
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  • O

    Buyer's Agent in 2023

    Outside Agent

    Outside Office

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Map

New Jersey Essex County Newark 07102 Downtown Newark

62 Columbia St Unit 3rd Floor, Newark, NJ

This home is located at 62 Columbia St Unit 3rd Floor, Newark, NJ 07102 and is currently estimated at $864,380, approximately $193 per square foot. 62 Columbia St Unit 3rd Floor is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Sir Isaac Newton Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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