NOT LISTED FOR SALE

Estimated Value: $758,000 - $948,000

-- Bed
-- Bath
3,044 Sq Ft
$293/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $790,000 $260 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,196/month

38 Days on Market

About This Home

As of December 2021

This home is located at 62 Columbia St, Newark, NJ 07102 since 20 August 2021 and is currently estimated at $892,632, approximately $293 per square foot. This property was built in 1897. 62 Columbia St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Sir Isaac Newton Elementary School.

Last Agent to Sell the Property

Joaquim Ferreira

CORNERSTONE REALTY ASSOCIATES Brokerage Phone: 973-856-6900 Listed on: 08/20/2021

Last Buyer's Agent

RONALD COLLINS

HOMESMART FIRST ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,101

Year Built

  • Built in 1897

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,101

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Year Built: 1897
  • County Name: Essex
  • Street Number Display: 62
  • I D: 5097763
  • Modified: 2022-12-10
  • Number Images: 25
  • Attribution Contact: 973-856-6900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Dec 2, 2021
Sold by
Fonseca Crystal C and Fonseca Jonas
Bought by
Nduka Joy
Seller's Agent
Joaquim Ferreira
CORNERSTONE REALTY ASSOCIATES
Buyer's Agent
RONALD COLLINS
HOMESMART FIRST ADVANTAGE
List Price
$739,900
Sold Price
$790,000
Premium/Discount to List
$50,100
6.77%
Current Estimated Value
$892,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,632
Avg. Annual Appreciation
3.32%
Original Mortgage
$745,166
Outstanding Balance
$688,166
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$204,466

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:

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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
12/09/2021 12/09/21 Sold $790,000 +6.8% $260 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $739,900 -- $243 / 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 $16,101 $431,900 $45,000 $386,900
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

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Map

Source: Garden State MLS

MLS Number: 3736073

Garden State MLS

APN: 14-00871-0000-00018