NOT LISTED FOR SALE

72 James St Newark, NJ 07102

University Heights Neighborhood

Estimated Value: $519,000 - $774,224

6 Beds
3 Baths
-- Sq Ft
1,660 Sq Ft Lot

Last Sold March 07, 2024

Last sale price $705,000

Est. 10% decrease in value since last sale

Current estimated payment $3,792/month

63 Days on Market

About This Home

As of March 2024

For sale is a truly unique and historically significant multi-family property that boasts a rare combination of character, spaciousness, and potential. This exceptional property, with two units, each featuring three bedrooms and one bathroom, offers a captivating blend of historic charm and some modern amenities. The full finished basement of this property is a versatile space awaiting transformation. Complete with a full bathroom, it presents an opportunity for creative adaptation, whether that entails converting it into an innovative workspace, a recreational area, or even expanding it to include a convenient laundry section. The potential for customization in this space is vast, limited only by one's imagination. Both units within the property are marked by long, inviting hallways and impressive high ceilings, adding to the grandeur and sense of space.

Last Agent to Sell the Property

Courtney Hawkin

RE/MAX First Realty II Listed on: 12/22/2023

RE/MAX First Realty II

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,353

Lot Details

  • 1,660 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00032 / 00041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,353

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (908) 664-1500
  • MLS Status: Sold - Sold
  • Directions: University Avenue to James Street
  • Architectural Style: 2 Family
  • Year Built Details: Pre 1900,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 1660.0

Tax Info

  • Tax Annual Amount: 5353.0
  • Tax Block: 00041
  • Tax Lot: 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2023
Closed on
Feb 29, 2024
Sold by
Carroll Denise G
Bought by
Tchokoua Gaelle Sonya
Seller's Agent
Courtney Hawkin
RE/MAX First Realty II
Buyer's Agent
Outside Agent
Outside Office
List Price
$705,000
Sold Price
$705,000
Views
77
Current Estimated Value
$631,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,694
Avg. Annual Appreciation
-6.88%
Original Mortgage
$528,750
Outstanding Balance
$521,299
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$110,007

Purchase Details

Closed on
Aug 28, 1997
Sold by
St 66 72 James
Bought by
Waddy Edward and Carroll Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.28%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 1991
Sold by
City Of Newark
Bought by
66-72 James St Urbn Rnwl Crp Su 1-G

Purchase Details

Closed on
Feb 8, 1990
Sold by
Housing Authority Of Newark
Bought by
City Of Newark
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
Tchokoua Gaelle Sonya $705,000 First Team Title
Waddy Edward $135,000 --
66-72 James St Urbn Rnwl Crp Su 1-G $80,000 --
City Of Newark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tchokoua Gaelle Sonya $528,750
Previous Owner Waddy Edward $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $705,000 0.0% --
02/23/2024 02/23/24 Pending -- -- --
12/22/2023 12/22/23 For Sale $705,000 -- --
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 $5,342 $268,400 $35,900 $232,500
2024 $5,342 $143,300 $35,900 $107,400
2022 $5,354 $143,300 $35,900 $107,400
2021 $5,351 $143,300 $35,900 $107,400
2020 $5,445 $143,300 $35,900 $107,400
2019 $5,390 $143,300 $35,900 $107,400
2018 $5,292 $143,300 $35,900 $107,400
2017 $5,101 $143,300 $35,900 $107,400
2016 $4,930 $143,300 $35,900 $107,400
2015 $4,742 $143,300 $35,900 $107,400
2014 $4,444 $143,300 $35,900 $107,400
Source: Public Records

Agents Affiliated with this Home

  • Courtney Hawkin

    Seller's Agent in 2024

    Courtney Hawkin

    RE/MAX

    (973) 986-2987

    1 in this area

    8 Total Sales

    Courtney Hawkin
    Section Image

  • O

    Buyer's Agent in 2024

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 24001130

New Jersey MLS

APN: 14-00041-0000-00032

New Jersey Essex County Newark 07102 University Heights

72 James St, Newark, NJ

This home is located at 72 James St, Newark, NJ 07102 since 22 December 2023 and is currently estimated at $631,306. 72 James St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Lafayette Street Elementary School, and Cleveland Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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