NOT LISTED FOR SALE

78 Norman Rd Newark, NJ 07106

Ivy Hill Neighborhood

Estimated Value: $496,000 - $676,000

-- Bed
-- Bath
-- Sq Ft
4,800 Sq Ft Lot

Last Sold January 08, 2021

Last sale price $335,000

Est. 68% increase in value since last sale

Current estimated payment $3,862/month

127 Days on Market

Highlights

  • 3 Car Detached Garage
  • Ceiling Fan
  • Radiator

About This Home

As of January 2021

Great opportunity to own a three family home located on a tree lined street in Vailsburg Section of Newark. High Ceiling. Hardwood Flooring throughout. 3 Units. Unit 1: 2 bedrooms, spacious living room, formal dining room, 1 bathroom. Unit 3: 3 bedrooms, spacious living room, formal dining room and 1 bathroom. Wide archway separating living room and dining room. Unit 3: 1 bedroom with the potential for 2 bedrooms, Tenant currently use the potential 2nd bedroom as storage. Living room, kitchen and 1 bathroom, storage room. Full basement with washer and dryer. 3 car garage. Driveway can accommodate 3 to 4 additional vehicles. 3 meters. Property sold as is. Buyer is responsible for municipal certificates. Not a short sale.

Last Agent to Sell the Property

Debra Marshall

KELLER WILLIAMS ELITE REALTORS Listed on: 08/04/2020

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,308

Year Built

  • Built in 1900

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40 x 120

Parking

  • 3 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • Ceiling Fan

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Laundry in Basement

Utilities

  • Radiator
  • Water Heater

Community Details

  • Vailsburg Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,308

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1102
  • Lot Size: 40 x 120
  • Ownership: Fee Simple
  • Subdivision Name: Vailsburg
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1900
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Electric), Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator), Unit 3(Range/Oven,Refrigerator)
  • Has Basement: Full, Bath Full, Laundry Facilities
  • Interior Amenities: Unit 1(Dining Room,2 Bedrooms,1 Bath,Living Room), Unit 2(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3(Dining Room,2 Bedrooms,Kitchen,1 Bath)
  • Stories: 3

Exterior Features

  • Lot Features: See Remarks
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage, Detached, 3-4 Car Parking, See Remarks

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 4800

Tax Info

  • Tax Annual Amount: 8308
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Jan 4, 2021
Sold by
Smith Carolyn J
Bought by
Etienne Sandy
Seller's Agent
Debra Marshall
KELLER WILLIAMS ELITE REALTORS
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$561,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,228
Avg. Annual Appreciation
13.00%
Original Mortgage
$328,932
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2000
Source: Public Records

Range of Values:

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Average Value
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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
Etienne Sandy $335,000 Fidelity National Ttl Ins Co
-- $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Etienne Sandy $335,000
Previous Owner Etienne Sandy $328,932
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $335,000 0.0% --
12/09/2020 12/09/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $335,000 -- --
Source: All 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 $9,652 $258,900 $37,100 $221,800
2024 $9,652 $258,900 $37,100 $221,800
2022 $9,673 $258,900 $37,100 $221,800
2021 $8,248 $220,900 $37,100 $183,800
2020 $8,394 $220,900 $37,100 $183,800
2019 $8,308 $220,900 $37,100 $183,800
2018 $8,158 $220,900 $37,100 $183,800
2017 $7,864 $220,900 $37,100 $183,800
2016 $7,599 $220,900 $37,100 $183,800
2015 $7,310 $220,900 $37,100 $183,800
2014 $6,850 $220,900 $37,100 $183,800
Source: Public Records

Agents Affiliated with this Home

  • Debra Marshall

    Seller's Agent in 2021

    Debra Marshall

    KELLER WILLIAMS ELITE REALTORS

    (917) 562-0401

    1 in this area

    118 Total Sales

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Map

Source: All Jersey MLS

MLS Number: 2102397

All Jersey MLS

APN: 14-04148-01-00021

New Jersey Essex County Newark 07106 Ivy Hill

78 Norman Rd, Newark, NJ

This home is located at 78 Norman Rd, Newark, NJ 07106 since 04 August 2020 and is currently estimated at $587,754. This property was built in 1900. 78 Norman Rd is a home located in Essex County with nearby schools including Mt. Vernon School, Lincoln Elementary School, and Hawthorne Avenue Elementary School.

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