78 Willoughby St Newark, NJ 07112
Weequahic NeighborhoodEstimated payment $4,021/month
About This Home
Welcome Home! This multiunit property has 2 large size 2 bedroom apartments. Both units are fully renovated with separate central air systems for each. The units have very tall ceilings, very large bedrooms, living room, eat in kitchen, pantry, and full bathroom. The rear of the home has a brand new garage ready to store all your toys, equipment, or use for entertaining in the backyard. The home itself is recently renovated, has a BRAND NEW roof, and multiple updates throughout to make this home ready for its new owner to take it and enjoy it from day one! The proximity to Newark internation airport makes this home perfectly located for when you want to take that perfect getaway to a beach island vacation. There are plenty of access to recreation, shopping, schools and universities, and easy access routes to NYC including public transportation buses and trains. Perfect for the investor looking to place new tenants at market rates for passive income or the owner occupant looking to have the second unit help pay for the home! Schedule a tour today and place your offer on this home before someone else does! Easy to schedule.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,113
Parking
- 1 Car Garage
Home Design
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Laundry in Basement
Listing and Financial Details
- Legal Lot and Block 46 / 3051
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,113 | $280,000 | $26,300 | $253,700 |
| 2024 | $11,113 | $298,100 | $26,300 | $271,800 |
| 2022 | $7,259 | $194,300 | $26,300 | $168,000 |
| 2021 | $2,774 | $74,300 | $26,300 | $48,000 |
| 2020 | $1,395 | $74,300 | $26,300 | $48,000 |
| 2019 | $2,722 | $74,300 | $26,300 | $48,000 |
| 2018 | $2,744 | $74,300 | $26,300 | $48,000 |
| 2017 | $2,645 | $74,300 | $26,300 | $48,000 |
| 2016 | $2,556 | $74,300 | $26,300 | $48,000 |
| 2015 | $2,459 | $74,300 | $26,300 | $48,000 |
| 2014 | $2,304 | $74,300 | $26,300 | $48,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/18/2025 11/18/25 | Price Changed | $589,000 | -1.8% | -- | |
| 10/08/2025 10/08/25 | Off Market | $599,999 | -- | -- | |
| 10/06/2025 10/06/25 | For Sale | $599,999 | 0.0% | -- | |
| 07/05/2025 07/05/25 | Price Changed | $599,999 | -4.0% | -- | |
| 06/24/2025 06/24/25 | Price Changed | $625,000 | -3.8% | -- | |
| 05/28/2025 05/28/25 | For Sale | $650,000 | +44.4% | -- | |
| 06/17/2022 06/17/22 | Sold | $450,000 | 0.0% | $231 / Sq Ft | View Prior Sale |
| 05/31/2022 05/31/22 | Off Market | $450,000 | -- | -- | |
| 02/07/2022 02/07/22 | For Sale | $405,000 | -- | $208 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $450,000 | Ats Title | |
| Deed | $250,000 | Equity Settlement Svcs Inc | |
| Deed | -- | None Available | |
| Quit Claim Deed | $423,759 | Fortune Title Agency Inc | |
| Deed | $30,000 | Fortune Title Agency Inc | |
| Sheriffs Deed | -- | None Available | |
| Bargain Sale Deed | $390,000 | First American Title Ins Co | |
| Deed | $205,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $441,849 | FHA | |
| Previous Owner | $218,700 | Construction | |
| Previous Owner | $370,500 | Unknown | |
| Previous Owner | $164,000 | No Value Available |
Source: New Jersey MLS
MLS Number: 25018185
APN: 14-03051-0000-00046
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.
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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