NOT LISTED FOR SALE

707 Degraw Ave Unit 709 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $529,000 - $708,000

5 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold October 11, 2019

Last sale price $248,500

Est. 140% increase in value since last sale

Current estimated payment $3,817/month

415 Days on Market

Highlights

  • Colonial Architecture
  • Sun or Florida Room
  • Eat-In Kitchen
  • Recreation Room
  • Formal Dining Room
  • Living Room

About This Home

As of October 2019

Located in the historic Forest Hill section of Newark's North Ward, this large colonial is ideally located at the entrance to Branch Brook Park, with mass transit stops, shopping and eateries nearby. First floor features Living Room, Dining Room, Eat-in-Kitchen and sunroom. 2nd & 3rd floors combined offer 5 bedrooms and 2 full bathrooms. Basement is also finished, could be used as a recreation room.

Last Agent to Sell the Property

MANUEL ROSA JR

ROSA AGENCY Listed on: 06/19/2018

Last Buyer's Agent

EUGENIA FRANCE

ROSA AGENCY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,785

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Eat-In Kitchen
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Utilities

  • Radiator
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1614-00742-0000-00039-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,785

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1920
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: Between Heller Pkwy and Elwood Ave
  • I D: 4815219
  • Section Subdiv Development: Forest Hill
  • First Name: MANUEL
  • First Name3: EUGENIA
  • Last Name: ROSA JR
  • Last Name3: FRANCE
  • Office Phone: 973-751-1000 x. 529
  • Office Phone3: (973)751-1000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Rec Room
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Level: Basement
  • Level 1 Rooms: Living Room, Dining Room, Sunroom, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: 2 Bedrooms, Bath(s) Other
  • Phone: 973-751-1000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Non-Surfaced

Utilities

  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 50X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7785
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00742-0000-00039-0000-
  • Tax Rate Amount: 3.560
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Oct 4, 2019
Sold by
Fnma
Bought by
Carlos Jerome
Seller's Agent
MANUEL ROSA JR
ROSA AGENCY
Buyer's Agent
EUGENIA FRANCE
ROSA AGENCY
List Price
$319,995
Sold Price
$248,500
Premium/Discount to List
-$71,495
-22.34%
Current Estimated Value
$595,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,489
Avg. Annual Appreciation
15.31%
Original Mortgage
$330,262
Outstanding Balance
$288,731
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$307,258

Purchase Details

Closed on
Jul 1, 2006
Sold by
Gonzalez Fernando
Bought by
Duran Omaira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.71%

Purchase Details

Closed on
Feb 28, 2005
Sold by
Paredes Rosa
Bought by
Gonzalez Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,800
Interest Rate
5.66%

Purchase Details

Closed on
Aug 17, 2003
Sold by
Zacchia Vito
Bought by
Paredes Rose
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carlos Jerome $248,500 Tri-Country Title Services L
Duran Omaira $410,000 --
Gonzalez Fernando $372,000 --
Paredes Rose $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlos Jerome $330,262
Previous Owner Duran Omaira $328,000
Previous Owner Gonzalez Fernando $334,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $248,500 -0.6% --
08/08/2019 08/08/19 Pending -- -- --
06/26/2019 06/26/19 Price Changed $249,900 -5.7% --
05/23/2019 05/23/19 Price Changed $265,000 -5.3% --
05/06/2019 05/06/19 Price Changed $279,900 -3.5% --
04/01/2019 04/01/19 Price Changed $289,995 -6.2% --
03/05/2019 03/05/19 Price Changed $309,000 -3.4% --
02/02/2019 02/02/19 For Sale $319,995 0.0% --
12/28/2018 12/28/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $319,995 0.0% --
09/27/2018 09/27/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $319,995 -- --
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 $8,153 $218,700 $72,500 $146,200
2024 $8,153 $218,700 $72,500 $146,200
2022 $8,171 $218,700 $72,500 $146,200
2021 $8,166 $218,700 $72,500 $146,200
2020 $8,311 $218,700 $72,500 $146,200
2019 $8,225 $218,700 $72,500 $146,200
2018 $8,077 $218,700 $72,500 $146,200
2017 $7,786 $218,700 $72,500 $146,200
2016 $7,523 $218,700 $72,500 $146,200
2015 $7,237 $218,700 $72,500 $146,200
2014 $6,782 $218,700 $72,500 $146,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3481013

Garden State MLS

APN: 14-00742-0000-00039