NOT LISTED FOR SALE

Estimated Value: $422,000 - $536,641

6 Beds
3 Baths
-- Sq Ft
2,609 Sq Ft Lot

Last Sold January 09, 2023

Last sale price $349,000

Est. 39% increase in value since last sale

Current estimated payment $3,054/month

35 Days on Market

About This Home

As of January 2023

Great investment opportunity to own a 2 family in North Newark, live in one unit and rent the other! First unit boasts 5 rooms with 3 bedrooms, a living room with faux fireplace, recessed lighting and an upgraded bathroom with access to the partially finished basement. The 2nd floor unit has the same layout but with a larger master bedroom and potential for an outside deck (which is no longer present). The basement offers a full bath, walkout Bilco doors and additional living space or storage. The rear yard is fenced off and has a deck. The units need a little TLC but have solid bones. Home sold as-is cond. Buyer responsible for all inspections and municipal certs, including the city of NEWARK C/C/O.

Last Agent to Sell the Property

Justin Kiliszek

EXP Realty, LLC Listed on: 11/16/2022

EXP Realty, LLC

Last Buyer's Agent

Michael Auer

Coldwell Banker, Upper Montclair

Coldwell Banker, Upper Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,344

Lot Details

  • 2,609 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 00014 / 00817

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,344

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (973) 467-6767
  • MLS Status: Sold - Sold
  • Directions: SUMMER AVE TO WINTROP ST
  • Architectural Style: 2 Family
  • Year Built Details: 1990's,Build Prior to 1978
  • 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, Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Size Sq Ft: 2609.0

Tax Info

  • Tax Annual Amount: 5344.0
  • Tax Block: 00817
  • Tax Lot: 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Dec 21, 2022
Sold by
Truman 2016 Sc6 Title Trust
Bought by
Aqui Ian
Seller's Agent
Justin Kiliszek
EXP Realty, LLC
Buyer's Agent
Michael Auer
Coldwell Banker, Upper Montclair
List Price
$349,000
Sold Price
$349,000
Views
50
Current Estimated Value
$483,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,660
Avg. Annual Appreciation
14.31%
Original Mortgage
$279,200
Outstanding Balance
$271,049
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$212,611

Purchase Details

Closed on
Nov 29, 2021
Sold by
Sheriff Of The County Of Essex
Bought by
Truman 2016 Sc6 Title Trust and Arrow Financial Services Llc

Purchase Details

Closed on
May 30, 2008
Sold by
Quiroga Diane and Flores Hector A
Bought by
Quiroga Diane and Flores Hector A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,875
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2005
Sold by
Jimenez Polidoro
Bought by
Quiroga Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,800
Interest Rate
5.79%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 22, 1996
Sold by
Corrao Pietro
Bought by
Jimenez Polidoro and Santana Carmen
Source: Public Records

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Range of Values:

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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
Aqui Ian $349,000 --
Truman 2016 Sc6 Title Trust -- Argentieri Emmanuel J
Quiroga Diane -- All Pro Title Group Llc
Quiroga Diane $299,000 --
Jimenez Polidoro $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aqui Ian $279,200
Previous Owner Quiroga Diane $329,875
Previous Owner Quiroga Diane $59,800
Previous Owner Quiroga Diane $239,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $349,000 0.0% --
12/21/2022 12/21/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $349,000 -- --
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
2024 $5,846 $156,800 $27,500 $129,300
2022 $5,858 $156,800 $27,500 $129,300
2021 $5,855 $156,800 $27,500 $129,300
2020 $5,958 $156,800 $27,500 $129,300
2019 $5,897 $156,800 $27,500 $129,300
2018 $5,791 $156,800 $27,500 $129,300
2017 $5,582 $156,800 $27,500 $129,300
2016 $5,394 $156,800 $27,500 $129,300
2015 $5,189 $156,800 $27,500 $129,300
2014 $4,862 $156,800 $27,500 $129,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22041025

New Jersey MLS

APN: 14-00817-0000-00014