NOT LISTED FOR SALE

74 Smith St Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $622,000 - $663,000

6 Beds
4 Baths
-- Sq Ft
2,583 Sq Ft Lot

Last Sold May 06, 2024

Last sale price $620,000

Est. 4% increase in value since last sale

Current estimated payment $4,687/month

10 Days on Market

About This Home

As of May 2024

Legal Two Family on a corner lot with finished basement AND attic space!!! Renovated just a few years ago, this massive two-family property is perfect for the first-time homebuyer looking to live in one of the units while collecting rental income or for a savvy investor looking to add another property to their portfolio! 2nd Floor Unit can be rented as a duplex with the attic. Two-car garage in the back! THE FIRST FLOOR UNIT WILL BE DELIVERED VACANT. Please don't disturb the tenants. Come turn this house into a home before someone else does!

Last Agent to Sell the Property

Brendan Da Silva

Keller Williams Realty - NJ Metro Group Listed on: 01/30/2024

Keller Williams Realty - NJ Metro Group

Last Buyer's Agent

Matthew Rowack

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,061

Lot Details

  • 2,583 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00001 / 04200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,061

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (973) 783-7400
  • MLS Status: Sold - Sold
  • Directions: Google Maps
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Remarks: Finished

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 2583.0

Tax Info

  • Tax Annual Amount: 10061.0
  • Tax Block: 04200
  • Tax Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
Mcdonald Dylan and Mcdonald Patrycja Ploucha
Bought by
Montesino Maria Isabel and Gonzalez Luan L
Current Estimated Value
$644,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,770
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 16, 2021
Closed on
Jan 26, 2022
Sold by
Unknown
Bought by
Mcdonald Dylan
Seller's Agent
Grisela Flores
FLOROSTONE REALTY INC.
Buyer's Agent
Milton Araujo
COLDWELL BANKER REALTY
List Price
$469,900
Sold Price
$504,000
Premium/Discount to List
$34,100
7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$485,052
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2021
Sold by
Murphy Karen
Bought by
74 Smith Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 27, 2005
Sold by
Pitter Yvonne
Bought by
Murphy Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Montesino Maria Isabel $620,000 None Listed On Document
Mcdonald Dylan $504,000 True Value Title
74 Smith Street Llc $330,000 First American Title Ins Co
Murphy Karen $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montesino Maria Isabel $608,770
Previous Owner Mcdonald Dylan $485,052
Previous Owner 74 Smith Street Llc $231,000
Previous Owner Murphy Karen $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2024 05/06/24 Sold $620,000 +7.8% --
02/09/2024 02/09/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $575,000 +14.1% --
02/01/2022 02/01/22 Sold $504,000 +7.3% -- View Prior Sale
12/08/2021 12/08/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $469,900 -- --
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 $15,475 $415,100 $15,600 $399,500
2024 $15,475 $415,100 $15,600 $399,500
2022 $10,061 $269,300 $15,600 $253,700
2021 $4,806 $128,700 $16,000 $112,700
2020 $4,891 $128,700 $16,000 $112,700
2019 $4,840 $128,700 $16,000 $112,700
2018 $4,753 $128,700 $16,000 $112,700
2017 $4,582 $128,700 $16,000 $112,700
2016 $4,427 $128,700 $16,000 $112,700
2015 $4,259 $128,700 $16,000 $112,700
2014 $3,991 $128,700 $16,000 $112,700
Source: Public Records

Agents Affiliated with this Home

  • Brendan Da Silva

    Seller's Agent in 2024

    Brendan Da Silva

    Keller Williams Realty - NJ Metro Group

    (201) 926-1190

    6 in this area

    311 Total Sales

    Brendan Da Silva
    Section Image

  • M

    Buyer's Agent in 2024

    Matthew Rowack

    EXP Realty, LLC

    (866) 201-6210

    1 in this area

    13 Total Sales

    Matthew Rowack
    Section Image
  • Grisela Flores

    Seller's Agent in 2022

    Grisela Flores

    FLOROSTONE REALTY INC.

    (908) 220-7865

    2 in this area

    155 Total Sales

    Grisela Flores
    Section Image
  • Milton Araujo

    Buyer's Agent in 2022

    Milton Araujo

    COLDWELL BANKER REALTY

    (201) 214-3350

    3 in this area

    64 Total Sales

    Milton Araujo
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 24002872

New Jersey MLS

APN: 14-04200-0000-00001

New Jersey Essex County Newark 07106 Upper Vailsburg

74 Smith St, Newark, NJ

Not Listed for Sale

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