NOT LISTED FOR SALE

70 Willoughby St Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $484,000 - $695,000

-- Bed
-- Bath
2,304 Sq Ft
$268/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $525,000 $228 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,388/month

74 Days on Market

About This Home

As of April 2022

This home is located at 70 Willoughby St, Newark, NJ 07112 since 22 November 2021 and is currently estimated at $618,447, approximately $268 per square foot. 70 Willoughby St is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Belmont Runyon School.

Last Agent to Sell the Property

Ronnie Glomb

YOUR TOWN REALTY Brokerage Phone: 855-600-2465 Listed on: 11/22/2021

Last Buyer's Agent

Spero Kalyoussef

KELLER WILLIAMS TEAM REALTY

KELLER WILLIAMS TEAM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,541

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,541

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 70
  • I D: 5117201
  • Modified: 2023-04-30
  • Number Images: 1
  • Attribution Contact: 855-600-2465
  • 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
Nov 22, 2021
Closed on
Apr 29, 2022
Sold by
Cheapstreak Llc
Bought by
70 Willoughby Street Llc
Seller's Agent
Ronnie Glomb
YOUR TOWN REALTY
Buyer's Agent
Spero Kalyoussef
KELLER WILLIAMS TEAM REALTY
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%
Current Estimated Value
$618,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,447
Avg. Annual Appreciation
5.04%
Original Mortgage
$390,000
Outstanding Balance
$370,532
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$247,915

Purchase Details

Closed on
Jun 29, 2020
Sold by
A J Tate Management Llc
Bought by
Cheapstreak Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
3.2%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 30, 2012
Closed on
Dec 20, 2011
Sold by
Residential Funding Real Estate Holdings
Bought by
A J Tate Management
Seller's Agent
RALPH BARONE
NJ REO ASSET MANAGEMENT & REALTY
Buyer's Agent
STEVEN LARTIGA
NENO-ROSA AGENCY
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.51%

Purchase Details

Closed on
Nov 29, 2010
Sold by
Allen Paulette
Bought by
Residential Funding Real Estate Holdings

Purchase Details

Closed on
Dec 23, 2005
Sold by
Louis Roberson
Bought by
Allen Paulette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2005
Sold by
Johnson Thomas
Bought by
Louis Roberson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
5.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
70 Willoughby Street Llc $525,000 None Listed On Document
Cheapstreak Llc $170,000 None Available
A J Tate Management $55,000 First American Title Ins Co
Residential Funding Real Estate Holdings -- None Available
Allen Paulette $310,000 --
Louis Roberson $183,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 70 Willoughby Street Llc $390,000
Previous Owner Cheapstreak Llc $367,500
Previous Owner Cheapstreak Llc $212,500
Previous Owner Allen Paulette $279,000
Previous Owner Louis Roberson $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $525,000 -4.4% $228 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
11/22/2021 11/22/21 For Sale $549,000 +898.2% $238 / Sq Ft
01/30/2012 01/30/12 Sold $55,000 -- $24 / 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 $12,541 $336,400 $26,300 $310,100
2024 $12,541 $336,400 $26,300 $310,100
2022 $3,504 $93,800 $26,300 $67,500
2021 $3,502 $93,800 $26,300 $67,500
2020 $3,564 $93,800 $26,300 $67,500
2019 $3,528 $93,800 $26,300 $67,500
2018 $3,464 $93,800 $26,300 $67,500
2017 $3,339 $93,800 $26,300 $67,500
2016 $3,227 $93,800 $26,300 $67,500
2015 $3,104 $93,800 $26,300 $67,500
2014 $2,909 $93,800 $26,300 $67,500
Source: Public Records

Agents Affiliated with this Home

  • Ronnie Glomb

    Seller's Agent in 2022

    Ronnie Glomb

    YOUR TOWN REALTY

    (855) 600-2465

    1 in this area

    846 Total Sales

    Ronnie Glomb
    Section Image
  • Spero Kalyoussef

    Buyer's Agent in 2022

    Spero Kalyoussef

    KELLER WILLIAMS TEAM REALTY

    (973) 907-4692

    3 in this area

    53 Total Sales

    Spero Kalyoussef
    Section Image

  • R

    Seller's Agent in 2012

    RALPH BARONE

    NJ REO ASSET MANAGEMENT & REALTY

  • S

    Buyer's Agent in 2012

    STEVEN LARTIGA

    NENO-ROSA AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3753200

Garden State MLS

APN: 14-03051-0000-00050

New Jersey Essex County Newark 07112 Weequahic

70 Willoughby St, Newark, NJ

This home is located at 70 Willoughby St, Newark, NJ 07112 since 22 November 2021 and is currently estimated at $618,447, approximately $268 per square foot. 70 Willoughby St is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Belmont Runyon School.

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