NOT LISTED FOR SALE

62 Wright St Newark, NJ 07114

South Broad Valley Neighborhood

Estimated Value: $715,826 - $944,000

Studio
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold March 09, 2022

Last sale price $560,000

Est. 45% increase in value since last sale

Current estimated payment $5,276/month

81 Days on Market

About This Home

As of March 2022

This home is located at 62 Wright St, Newark, NJ 07114 since 21 October 2021 and is currently estimated at $813,457. This property was built in 2004. 62 Wright St is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

Jack Yao

REALMART REALTY Brokerage Phone: 888-362-6543 Listed on: 10/21/2021

Last Buyer's Agent

MONICA DIAS

KELLER WILLIAMS PARK VIEWS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Year Built: 2004
  • County Name: Essex
  • I D: 5111309
  • Attribution Contact: 888-362-6543
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Feb 26, 2022
Sold by
Bone Jose E and Bone Orphia
Bought by
Deoliveira Gustavo
Seller's Agent
Jack Yao
REALMART REALTY
Buyer's Agent
MONICA DIAS
KELLER WILLIAMS PARK VIEWS
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%
Current Estimated Value
$813,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,457
Avg. Annual Appreciation
10.02%
Original Mortgage
$540,038
Outstanding Balance
$500,931
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$312,526

Purchase Details

Closed on
May 26, 2016
Sold by
Right Homes Llc
Bought by
Bone Jose E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,932
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2010
Sold by
Us Bank National Association
Bought by
Right Homes Llc

Purchase Details

Closed on
Jul 27, 2009
Sold by
Villa Milton R
Bought by
Us Bank National Association

Purchase Details

Closed on
Apr 29, 2005
Sold by
Wright Street Renaissance Inc
Bought by
Villa Milton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,400
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 15, 2003
Sold by
Rodrigues Joaquim
Bought by
Wright Street Rennaissance Inc
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

Date Buyer Sale Price Title Company
Deoliveira Gustavo $560,000 All Ahead Title
Bone Jose E $335,000 None Available
Right Homes Llc $159,000 Lawyers Title Insurance
Us Bank National Association -- None Available
Villa Milton $443,000 --
Wright Street Rennaissance Inc $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deoliveira Gustavo $540,038
Previous Owner Bone Jose E $328,932
Previous Owner Villa Milton $354,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2022 03/09/22 Sold $560,000 +1.8% --
01/10/2022 01/10/22 Pending -- -- --
12/20/2021 12/20/21 For Sale $550,000 0.0% --
12/19/2021 12/19/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $550,000 -- --
Source: Garden State 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 $11,508 $308,700 $47,500 $261,200
2024 $11,508 $308,700 $47,500 $261,200
2023 $9,138 $308,700 $47,500 $261,200
2022 $9,138 $244,600 $47,500 $197,100
2021 $9,133 $244,600 $47,500 $197,100
2020 $9,295 $244,600 $47,500 $197,100
2019 $9,199 $244,600 $47,500 $197,100
2018 $9,033 $244,600 $47,500 $197,100
2017 $8,708 $244,600 $47,500 $197,100
2016 $8,414 $244,600 $47,500 $197,100
2015 $8,094 $244,600 $47,500 $197,100
2014 $7,585 $244,600 $47,500 $197,100
Source: Public Records

Agents Affiliated with this Home

  • Jack Yao

    Seller's Agent in 2022

    Jack Yao

    REALMART REALTY

    (732) 727-2285

    1 in this area

    1,545 Total Sales

    Jack Yao
    Section Image

  • M

    Buyer's Agent in 2022

    MONICA DIAS

    KELLER WILLIAMS PARK VIEWS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3747897

Garden State MLS

APN: 14-02804-0000-00031

New Jersey Essex County Newark 07114 South Broad Valley

62 Wright St, Newark, NJ

Not Listed for Sale

MultiFamily

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