$850,000
- 9 Beds
- 5 Baths
- 761 S 17th St
- Unit 3
- Newark, NJ
Legal 3-family home in a desired area of Newark. All unit has 3 big bedrooms with lots and lots of storage
AYO AGBEJIMI CORNERSTONE REALTY ASSOCIATES
651 S 19th St Newark, NJ 07103
West Side NeighborhoodEstimated Value: $651,000 - $842,000
11
Beds
6
Baths
--
Sq Ft
2,348
Sq Ft Lot
About This Home
As of August 2023This large renovated THREE unit property with BONUS full basement is located under 40 mins from NYC, close to Newark Airport, Newark's Ironbound district, shopping centers and Highways. Each of the three spacious units are renovated open concept style, featuring three bedrooms and two full baths, high ceilings, new kitchens and hardwood flooring. In addition the property features a fully finished walkout basement with two rooms. The building will be delivered with two occupants paying month to month rent providing endless opportunities for cashflow. Rents: First Floor with basement $3,275, 2nd Floor $1825, 3rd Floor (only apartment vacant at this time) $2,000. Total Rent income : $7100
Last Agent to Sell the Property
Keller Williams Realty - NJ Metro Group Listed on: 04/07/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,420
Year Built
- 1905
Lot Details
- 2,348 Sq Ft Lot
Home Design
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 00023 / 00352
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2023
Closed on
Aug 21, 2023
Sold by
Kings Investments Llc
Bought by
Basulto Eric and Basulto Maria
Seller's Agent
William Barraza
Keller Williams Realty - NJ Metro Group
Buyer's Agent
Eric Basulto
Keller Williams City Views Realty
List Price
$620,000
Sold Price
$670,000
Premium/Discount to List
$50,000
8.06%
Total Days on Market
130
Views
150
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,321
Avg. Annual Appreciation
3.71%
Original Mortgage
$502,500
Outstanding Balance
$494,826
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$219,495
Purchase Details
Listed on
Aug 15, 2016
Closed on
Dec 15, 2016
Sold by
Belinsky Andrey
Bought by
Second Generation Homes Llc
Seller's Agent
David Quinones
COLDWELL BANKER GARDEN STATE
List Price
$80,000
Sold Price
$49,750
Premium/Discount to List
-$30,250
-37.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.33%
Purchase Details
Closed on
Oct 6, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Belinsky Andrey
Purchase Details
Closed on
Jul 29, 2015
Sold by
Fontoura Armando B
Bought by
Nationstar Mortgage Llc and Fuller Stephen
Purchase Details
Closed on
Oct 1, 2003
Sold by
Godwin Willie
Bought by
Fuller Stephen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,300
Interest Rate
5.81%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Basulto Eric | $670,000 | None Listed On Document | |
| Second Generation Homes Llc | -- | None Available | |
| Belinsky Andrey | $49,750 | None Available | |
| Nationstar Mortgage Llc | $221,649,000 | None Available | |
| Fuller Stephen | $167,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Basulto Eric | $502,500 | |
| Previous Owner | Kings Investments Llc | $288,000 | |
| Previous Owner | Second Generations Homes Llc | $94,100 | |
| Previous Owner | Solutions 4 Houses Llc | $15,000 | |
| Previous Owner | Fuller Stephen | $195,000 | |
| Previous Owner | Fuller Stephen | $150,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $670,000 | +8.1% | -- |
| 08/15/2023 08/15/23 | Pending | -- | -- | -- |
| 07/10/2023 07/10/23 | For Sale | $620,000 | 0.0% | -- |
| 06/26/2023 06/26/23 | Pending | -- | -- | -- |
| 06/23/2023 06/23/23 | For Sale | $620,000 | 0.0% | -- |
| 06/15/2023 06/15/23 | Pending | -- | -- | -- |
| 04/07/2023 04/07/23 | For Sale | $620,000 | +1146.2% | -- |
| 12/15/2016 12/15/16 | Sold | $49,750 | -37.8% | -- |
| 09/22/2016 09/22/16 | Pending | -- | -- | -- |
| 08/15/2016 08/15/16 | For Sale | $80,000 | -- | -- |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $5,409 | $145,100 | $28,700 | $116,400 |
| 2022 | $5,421 | $145,100 | $28,700 | $116,400 |
| 2021 | $5,418 | $145,100 | $28,700 | $116,400 |
| 2020 | $5,514 | $145,100 | $28,700 | $116,400 |
| 2019 | $5,457 | $145,100 | $28,700 | $116,400 |
| 2018 | $5,359 | $145,100 | $28,700 | $116,400 |
| 2017 | $5,166 | $145,100 | $28,700 | $116,400 |
| 2016 | $4,991 | $145,100 | $28,700 | $116,400 |
| 2015 | $4,801 | $145,100 | $28,700 | $116,400 |
| 2014 | $4,500 | $145,100 | $28,700 | $116,400 |
Source: Public Records
Agents Affiliated with this Home
-
William Barraza
Seller's Agent in 2023
William Barraza
Keller Williams Realty - NJ Metro Group
(201) 719-6935
10 in this area
120 Total Sales
-
Eric Basulto
Buyer's Agent in 2023
Eric Basulto
Keller Williams City Views Realty
(917) 449-0879
1 in this area
5 Total Sales
-
David Quinones
Seller's Agent in 2016
David Quinones
COLDWELL BANKER GARDEN STATE
(201) 773-9109
51 Total Sales
Map
Source: New Jersey MLS
MLS Number: 23009996
APN: 14-00352-0000-00023
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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