NOT LISTED FOR SALE

708 Degraw Ave Unit 710 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $581,000 - $736,000

5 Beds
3 Baths
1,504 Sq Ft
$427/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $541,000 $360 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,128/month

133 Days on Market

Highlights

  • Above Ground Pool
  • Rectangular Lot
  • Heating System Uses Natural Gas

About This Home

As of January 2023

"LOW TAXES" LOW TAXES" Welcome to this beautiful home located in the historic section of Forest Hill in Newark. This magnificent 5 bedroom features a modern open concept kitchen, living room with marble finish fire place functional. Chandeliers lighting in the kitchen, dining room & living room. Nice wooden floors through out & tile kitchen and bathroom floors. Central air & window a/c. Full finished basement with ceramic flooring for extra room to use as rec room, washer/dryer & full bathroom. Big backyard fenced in with a above ground pool "as is" with nice huge deck for entertainment. Detached car garage & driveway you can fit up to 5 cars. House features wireless security system. This home sits on huge lot with easy access to Branch Brook Park & Rail transportation to NYC. Close to GSP, Rte 280 & Turnpike. MUST SEE!!!!

Last Agent to Sell the Property

Arelis Denizac

Dias & Associates Listed on: 08/29/2022

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,550

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Rectangular Lot

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Above Ground Pool
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00021 / 00743

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,550

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 973-751-1552
  • Outside Inclusions: washer/dryer
  • MLS Status: Sold - Sold
  • Directions: between Heller Pkwy & Elwood Avenue
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Primary Bathroom: No
  • Basement Remarks: Full finished basement with full bathroom & Laundry room

Exterior Features

  • Pool Features: Above Ground
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: Seller's personal items
  • Construction Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Natural Gas, Hot Water, Radiant Floor

Lot Info

  • Lot Dimensions: 50x100
  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 7550.0
  • Tax Block: 00743
  • Tax Lot: 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Jan 18, 2023
Sold by
Aquino Luznilda and Aquino Daniel
Bought by
Morales Christopher T and Rios Nataliz
Seller's Agent
Arelis Denizac
Dias & Associates
Buyer's Agent
Outside Agent
Outside Office
List Price
$589,999
Sold Price
$541,000
Premium/Discount to List
-$48,999
-8.3%
Views
34
Current Estimated Value
$642,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,328
Avg. Annual Appreciation
5.52%
Original Mortgage
$493,300
Outstanding Balance
$478,308
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$143,446

Purchase Details

Closed on
Jan 13, 2010
Sold by
Armijos Luznilda and Rodriguez Daniel
Bought by
Armijos Luznilda and Aquino Luznilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,100
Interest Rate
5.12%
Mortgage Type
FHA
Source: Public Records

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
Morales Christopher T $541,000 --
Armijos Luznilda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Christopher T $493,300
Previous Owner Armijos Luznilda $297,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $541,000 +0.2% $360 / Sq Ft
09/29/2022 09/29/22 Price Changed $539,999 -8.5% $359 / Sq Ft
08/29/2022 08/29/22 For Sale $589,999 -- $392 / 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
2025 $7,538 $202,200 $72,500 $129,700
2024 $7,538 $202,200 $72,500 $129,700
2022 $7,554 $202,200 $72,500 $129,700
2021 $7,550 $202,200 $72,500 $129,700
2020 $7,684 $202,200 $72,500 $129,700
2019 $7,605 $202,200 $72,500 $129,700
2018 $7,467 $202,200 $72,500 $129,700
2017 $7,198 $202,200 $72,500 $129,700
2016 $6,956 $202,200 $72,500 $129,700
2015 $6,691 $202,200 $72,500 $129,700
2014 $6,270 $202,200 $72,500 $129,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22031987

New Jersey MLS

APN: 14-00743-0000-00021