NOT LISTED FOR SALE

724 Lake St Unit 726 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $637,240 - $756,000

6 Beds
2.5 Baths
2,472 Sq Ft
$285/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $250,000 $101 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $4,630/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • High Ceiling
  • Deck
  • 1 Fireplace
  • Formal Dining Room

About This Home

As of December 2022

Large colonial in Forest Hills Section. Near transportation. Formal dining room, eat in kitchen and many extrasBuyer is responsible for CO and any municipal approvals.

Last Agent to Sell the Property

GOLDIE SOMMER

GEO GOLD REALTY GROUP LLC Brokerage Phone: 973-632-3655 Listed on: 10/14/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,894

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • High Ceiling
  • 1 Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Partial Basement
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet

Parking

  • 3 Parking Spaces
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Window Unit Cooling System
  • Radiator
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 1614-00742-0000-00017-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,894

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: tenant's personal property
  • Street Number Display: 724
  • Directions: .Bloomfield Avenue to Lake
  • I D: 5182461
  • Modified: 2023-12-22
  • Number Images: 3
  • First Name: GOLDIE
  • First Name3: UNKNOWN
  • Last Name: SOMMER
  • Last Name3: AGENT
  • Office Phone3: 973-555-5555
  • Attribution Contact: 973-632-3655
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Non-Functional
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas, Refrigerator
  • Interior Amenities: High Ceilings, Security System, Walk-In Closet
  • Number Rooms: 12
  • Bedrooms: 6
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Partial
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Level: Third
  • Other Room 3: Bedroom
  • Other Room3 Level: Third
  • Other Room 4: Laundry Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: Bath(s) Other, Dining Room, Family Room, Foyer, Kitchen, Living Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 2 Bedrooms
  • Phone: 973-276-1167

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Deck, Patio, Thermal Windows/Doors, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Driveway-Exclusive, Off-Street Parking

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 165700
  • Assessed Land Value: 72500
  • Assessment: 238200
  • Easement: Unknown
  • Lot Identifier: 17
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8894
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00742-0000-00017-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.734
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Nov 29, 2022
Sold by
724 Lake Street Llc
Bought by
Leguisamon Alfredo Antonio
Seller's Agent
GOLDIE SOMMER
GEO GOLD REALTY GROUP LLC
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Total Days on Market
10
Views
85
Current Estimated Value
$704,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,310

Purchase Details

Closed on
Nov 18, 2010
Sold by
Zenga Murray Marianne P and Zenga Murray Marianne P
Bought by
Leguisamon Alfredo A and Leguisamon Lowilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,510
Interest Rate
4.22%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2009
Sold by
Estate Of Marian S Pepe
Bought by
Zenga Murray Marianne P

Purchase Details

Closed on
Aug 30, 1989
Sold by
Pepe Marian and Pepe Anthony
Bought by
Pepe Marian S

Purchase Details

Closed on
May 17, 1989
Sold by
Pepe Martin S
Bought by
Pepe Marian S and A A
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
Leguisamon Alfredo Antonio $275,000 Wfg National Title
Leguisamon Alfredo A $282,000 Chicago Title Insurance Co
Zenga Murray Marianne P -- None Available
Pepe Marian S $155,000 --
Pepe Marian S $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 724 Lake Street Llc $202,500
Previous Owner Leguisamon Alfredo A $259,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $250,000 -9.1% $101 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $275,000 -- $111 / 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 $8,880 $238,200 $72,500 $165,700
2024 $8,880 $238,200 $72,500 $165,700
2022 $8,899 $238,200 $72,500 $165,700
2021 $8,894 $238,200 $72,500 $165,700
2020 $9,052 $238,200 $72,500 $165,700
2019 $8,959 $238,200 $72,500 $165,700
2018 $8,797 $238,200 $72,500 $165,700
2017 $8,480 $238,200 $72,500 $165,700
2016 $8,194 $238,200 $72,500 $165,700
2015 $7,882 $238,200 $72,500 $165,700
2014 $7,387 $238,200 $72,500 $165,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    GOLDIE SOMMER

    GEO GOLD REALTY GROUP LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3812837

Garden State MLS

APN: 14-00742-0000-00017

New Jersey Essex County Newark 07104 Forest Hill

724 Lake St Unit 726, Newark, NJ

This home is located at 724 Lake St Unit 726, Newark, NJ 07104 since 14 October 2022 and is currently estimated at $704,310, approximately $284 per square foot. This property was built in 1930. 724 Lake St Unit 726 is a home located in Essex County with nearby schools including Ridge Street Elementary School, Elliott Street Elementary School, and First Avenue Elementary School.

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