NOT LISTED FOR SALE

63 Nichols St Newark, NJ 07105

Estimated Value: $767,781 - $937,000

9 Beds
3 Baths
4,080 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 05, 2023

Last sale price $750,000 $184 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,485/month

43 Days on Market

About This Home

As of November 2023

Welcome to 63 Nichols St, located in the heart of the Ironbound section of Newark. This impressive three unit building offers spacious living areas in each apartment, boasting three bedrooms and one full bathrooms. The property has been recently updated with newer utilities and features a full basement for added storage. Located near Independence Park, residents of 63 Nichols will have access to green spaces, playgrounds, and sports fields. The property is also conveniently located near a variety of local restaurants, coffee shops, and a grocery store, providing easy access to all your daily needs. This property offers an excellent investment opportunity. Don't miss out on the chance to own a piece of the Ironbound section of Newark, NJ and possibly live rent free.

Last Listed By

Andre Saraiva

Keller Williams Mid-Town Direct Realty, LLC Listed on: 05/03/2023

Keller Williams Mid-Town Direct Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,222

Year Built

  • 1972

Lot Details

  • 2,252 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00065 / 00959

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,222

Year Built

1972

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (973) 467-6767
  • MLS Status: Sold - Sold
  • Directions: Jefferson Ave, to Nichols St
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 9

Exterior Features

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 2252.0

Tax Info

  • Tax Annual Amount: 8222.0
  • Tax Block: 00959
  • Tax Lot: 00065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Sep 15, 2023
Sold by
Hudson Acquisition 1 Llc
Bought by
Neno Juliana
Seller's Agent
Andre Saraiva
Keller Williams Mid-Town Direct Realty, LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$749,000
Sold Price
$750,000
Premium/Discount to List
$1,000
0.13%
Total Days on Market
43
Views
235
Current Estimated Value
$857,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,695
Avg. Annual Appreciation
9.04%
Original Mortgage
$313,250
Outstanding Balance
$308,327
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$549,368

Purchase Details

Listed on
Feb 21, 2019
Closed on
Apr 29, 2019
Sold by
63 Nichols Associates Llc
Bought by
Hudson Acquisition 1 Llc
Seller's Agent
ROBERTA WOISKY
OPTION 1 REALTY GROUP, LLC
Buyer's Agent
NEKITA MARTINS
List Price
$549,000
Sold Price
$536,000
Premium/Discount to List
-$13,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Mar 12, 2010
Sold by
Gfy Homes Llc
Bought by
Lane Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,399
Interest Rate
5.07%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 2009
Sold by
Utizhungo Alonso
Bought by
Gfy Homes Llc

Purchase Details

Closed on
Jan 4, 2007
Sold by
Basile Mary
Bought by
Utizhungo Alonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Neno Juliana $750,000 Nuco Title
Hudson Acquisition 1 Llc $536,000 Elite Title Agency, Inc.
Lane Leroy $254,000 New Jersey Title Ins Co
Gfy Homes Llc $195,000 New Jersey Title Ins Co
Utizhungo Alonso $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neno Juliana $313,250
Previous Owner Lane Leroy $249,399
Previous Owner Utizhungo Alonso $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2023 11/05/23 Sold $750,000 +0.1% $184 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $749,000 +39.7% $184 / Sq Ft
05/03/2019 05/03/19 Sold $536,000 -2.4% $131 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $549,000 -- $135 / Sq Ft
Source: New Jersey 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 $8,205 $220,100 $72,000 $148,100
2022 $8,223 $220,100 $72,000 $148,100
2021 $8,219 $220,100 $72,000 $148,100
2020 $8,364 $220,100 $72,000 $148,100
2019 $8,278 $220,100 $72,000 $148,100
2018 $8,128 $220,100 $72,000 $148,100
2017 $7,836 $220,100 $72,000 $148,100
2016 $7,571 $220,100 $72,000 $148,100
2015 $7,283 $220,100 $72,000 $148,100
2014 $6,825 $220,100 $72,000 $148,100
Source: Public Records

Agents Affiliated with this Home

  • Andre Saraiva

    Seller's Agent in 2023

    Andre Saraiva

    Keller Williams Mid-Town Direct Realty, LLC

    (973) 768-2721

    1 in this area

    69 Total Sales

    Andre Saraiva
    Section Image

  • O

    Buyer's Agent in 2023

    Outside Agent

    Outside Office

  • R

    Seller's Agent in 2019

    ROBERTA WOISKY

    OPTION 1 REALTY GROUP, LLC

  • N

    Buyer's Agent in 2019

    NEKITA MARTINS

See All Agents

Map

Source: New Jersey MLS

MLS Number: 23013810

New Jersey MLS

APN: 14-00959-0000-00065

New Jersey Essex County Newark 07105

63 Nichols St, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 63 Nichols St, Newark, NJ 07105 since 03 May 2023 and is currently estimated at $857,695, approximately $210 per square foot. This property was built in 1972. 63 Nichols St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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