NOT LISTED FOR SALE

Estimated Value: $517,000 - $595,000

4 Beds
2 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold November 14, 2022

Last sale price $370,000

Est. 49% increase in value since last sale

Current estimated payment $3,379/month

35 Days on Market

Highlights

  • Brownstone
  • Dining Room
  • 5-minute walk to West Side Park
  • Living Room

About This Home

As of November 2022

Incredible opportunity to own a piece of history while building equity in the vibrant city of Newark NJ! This quintessential turn of the century 2-family home has immaculate historic detail on the exterior from the intricate stone work, decorative trim, and solid brick all around while classic woodwork make for an impressive entrance and common area. Bring your contractor to run your numbers and visualize your final touches. First fl. renovations were started for you and about 80% complete. The 2nd fl. unit needs a new kitchen and bathroom. Both units include living room, formal dining room, 2 bedrooms, kitchen, and full bath. The 2nd fl. has an additional small office. Large, unfinished basement with plenty of potential. Perfect for the historic home lover or serious investor. Located adjacent to recently approved development projects, this gem is an excellent investment with super low taxes. Cash, Conventional, or 203K financing considered. Sold as-is. Buyer responsible for obtaining C of O.

Last Agent to Sell the Property

Karla Guevara

CENTURY 21 SEMIAO & ASSOCIATES License #1540026 Listed on: 07/21/2022

CENTURY 21 SEMIAO & ASSOCIATES

Last Buyer's Agent

Karla Guevara

CENTURY 21 SEMIAO & ASSOCIATES License #1540026 Listed on: 07/21/2022

CENTURY 21 SEMIAO & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,642

Lot Details

  • 2,483

Home Design

  • Brownstone
  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 55 / 2618
  • Assessor Parcel Number 30059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,642

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Brownstone
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 30059
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Total Bedrooms: 4
  • Total Other Rooms: 1
  • Basement: Full, Unfinished
  • Total Dining Rooms: 2
  • Total Kitchens: 2
  • Total Living Rooms: 2
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Second Floor Bedrooms: 2
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor2 Other: 1
  • Fl1 Rooms: 5
  • Fl2 Rooms: 5

Exterior Features

  • Exterior Finish: Brick

Utilities

  • Heating/Cooling: Gas

Lot Info

  • Geo Address Line: 678 S 12th St
  • Geo Primary City: Newark
  • Geo Quality: 0.95
  • Geo Update Timestamp: 07/22/2022
  • Geo Zoom Level: 16
  • Lot: 55
  • Lot Size: 2500

Tax Info

  • Taxes: 5642

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Oct 13, 2022
Sold by
Acevedo Carmen D Merced
Bought by
Allen Adrian
Seller's Agent
Karla Guevara
CENTURY 21 SEMIAO & ASSOCIATES
Buyer's Agent
Karla Guevara
CENTURY 21 SEMIAO & ASSOCIATES
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Views
41
Current Estimated Value
$551,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,073
Avg. Annual Appreciation
13.98%
Original Mortgage
$477,232
Outstanding Balance
$462,885
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$74,290

Purchase Details

Closed on
Nov 18, 1987
Bought by
Agosto William and Acevedo Carmen
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Allen Adrian $370,000 Stewart Title Guaranty Company
Agosto William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Adrian $477,232
Previous Owner Agosto William Merced $182,983
Previous Owner Agosto William Merced $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $370,000 -7.3% --
08/25/2022 08/25/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $399,000 -- --
Source: Hudson County 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 $5,633 $151,100 $31,300 $119,800
2024 $5,633 $151,100 $31,300 $119,800
2022 $5,645 $151,100 $31,300 $119,800
2021 $5,642 $151,100 $31,300 $119,800
2020 $5,742 $151,100 $31,300 $119,800
2019 $5,683 $151,100 $31,300 $119,800
2018 $5,580 $151,100 $31,300 $119,800
2017 $5,379 $151,100 $31,300 $119,800
2016 $5,198 $151,100 $31,300 $119,800
2015 $5,000 $151,100 $31,300 $119,800
2014 $4,686 $151,100 $31,300 $119,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Hudson County MLS

MLS Number: 220013338

Hudson County MLS

APN: 14-02618-0000-00055