NOT LISTED FOR SALE

783 Elizabeth Ave Unit 785 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $548,000 - $678,555

5 Beds
7 Baths
2,800 Sq Ft
$218/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $465,000 $166 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,094/month

228 Days on Market

Highlights

  • Spa
  • Deck
  • Whirlpool Bathtub
  • Colonial Architecture
  • Wood Flooring
  • Granite Countertops

About This Home

As of September 2022

Convenient to major highway, trains, and transport to NYC. This well- maintained 5 bedrooms, 7 bath, colonial is located in the desirable Weequahic neighborhood. Features include, A welcoming Foyer, large living room with wood burning fireplace, formal dining, EIK with granite counter and center island, breakfast room. Newer roof, newer windows, 2 zone central air condition, 2 zone heating. Enjoy Florida room/ office with views of side backyard a Powder room is also located on first floor. " Enjoy quiet time while sitting on the deck overlooking the backyard and 2 car detach garage. The basement should not be overlooked! It is finished with a 2 bathroom and plenty of room awaiting your ideas. There is room for recreation, media room, fitness, storage and/or closet space. You decide. showings start 02/11

Last Agent to Sell the Property

Carol Rowe-Mair

RE/MAX FIRST REALTY, INC. Listed on: 05/04/2022

RE/MAX FIRST REALTY, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,511

Year Built

  • Built in 1925

Lot Details

  • 5,728 Sq Ft Lot
  • Lot Dimensions are 50.8x112.8
  • Fenced
  • Interior Lot

Parking

  • 2 Car Detached Garage
  • Open Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Library
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Finished Basement Bathroom
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Spa
  • Deck

Utilities

  • Zoned Cooling
  • Radiator
  • Water Heater
  • Cable TV Available

Community Details

  • Weequanhic Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,511

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1315
  • Lot Size: 50.8X112.8
  • Co List Office Mls Id: RMFR01
  • Ownership: Fee Simple
  • Subdivision Name: Weequanhic
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built: 1925
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Bedroom/Bathroom Features: Jacuzzi-Type
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Eat-in Kitchen, Granite/Corian Countertops
  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Electric Water Heater
  • Has Basement: Finished, Bath Full, Bath Half, Daylight, Den, Storage Space
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Dining Room, Family Room, Entrance Foyer, Kitchen, Library/Office, Living Room, 3 Bedrooms, Bath Main, 2 Bedrooms
  • Living Area: 2800
  • Stories: 3
  • Window Features: Blinds

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Interior Lot
  • Pool Features: None
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 1 Car Width, Asphalt, Detached

Utilities

  • Gas Company: Natural Gas
  • Cooling: Zoned
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable TV, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 5728

Tax Info

  • Tax Annual Amount: 10511
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Sep 15, 2022
Sold by
Bernard Maxine
Bought by
Taylor Derrick J and Sanchez Marlene
Seller's Agent
Carol Rowe-Mair
RE/MAX FIRST REALTY, INC.
Sold Price
$465,000
Views
15
Current Estimated Value
$610,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,139
Avg. Annual Appreciation
9.38%
Original Mortgage
$456,577
Outstanding Balance
$436,405
Interest Rate
5.13%
Mortgage Type
FHA
Estimated Equity
$173,734

Purchase Details

Closed on
Feb 7, 2009
Sold by
Nelson Henry H and Nelson Gina
Bought by
Bernard Maxine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,729
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2004
Sold by
Mahanna William
Bought by
Nelson Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.75%
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
Taylor Derrick J $465,000 New Horizon Abstract
Bernard Maxine $291,000 Old Republic National Title
Nelson Henry $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Derrick J $456,577
Previous Owner Bernard Maxine $285,729
Previous Owner Nelson Henry $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $465,000 0.0% $166 / Sq Ft
09/16/2022 09/16/22 Sold $465,000 +1.3% $166 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/31/2022 07/31/22 Price Changed $459,000 0.0% $164 / Sq Ft
07/31/2022 07/31/22 Price Changed $459,000 -6.1% $164 / Sq Ft
05/04/2022 05/04/22 Price Changed $489,000 0.0% $175 / Sq Ft
05/04/2022 05/04/22 Price Changed $489,000 +6.5% $175 / Sq Ft
05/04/2022 05/04/22 For Sale $459,000 -1.3% $164 / Sq Ft
02/19/2022 02/19/22 Off Market $465,000 -- --
02/11/2022 02/11/22 For Sale -- -- --
02/11/2022 02/11/22 For Sale $465,000 +1.3% $166 / Sq Ft
02/05/2022 02/05/22 For Sale -- -- --
01/31/2022 01/31/22 For Sale -- -- --
01/30/2022 01/30/22 For Sale -- -- --
01/29/2022 01/29/22 For Sale $459,000 -- $164 / Sq Ft
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 $10,312 $276,600 $32,900 $243,700
2024 $10,312 $276,600 $32,900 $243,700
2022 $10,334 $276,600 $32,900 $243,700
2021 $10,328 $276,600 $32,900 $243,700
2020 $10,511 $276,600 $32,900 $243,700
2019 $10,403 $276,600 $32,900 $243,700
2018 $10,215 $276,600 $32,900 $243,700
2017 $9,847 $276,600 $32,900 $243,700
2016 $9,515 $276,600 $32,900 $243,700
2015 $9,153 $276,600 $32,900 $243,700
2014 $8,577 $276,600 $32,900 $243,700
Source: Public Records

Agents Affiliated with this Home

  • Carol Rowe-Mair

    Seller's Agent in 2022

    Carol Rowe-Mair

    RE/MAX

    (908) 451-5823

    2 in this area

    65 Total Sales

    Carol Rowe-Mair
    Section Image

  • S

    Buyer's Agent in 2022

    Stefany Medina

    RE/MAX

    (908) 293-0155

    1 in this area

    26 Total Sales

    Stefany Medina
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2250965M

All Jersey MLS

APN: 14-03683-0000-00005

New Jersey Essex County Newark 07112 Weequahic

783 Elizabeth Ave Unit 785, Newark, NJ

This home is located at 783 Elizabeth Ave Unit 785, Newark, NJ 07112 since 04 May 2022 and is currently estimated at $610,139, approximately $217 per square foot. This property was built in 1925. 783 Elizabeth Ave Unit 785 is a home located in Essex County with nearby schools including Chancellor Avenue School, Peshine Avenue Elementary School, and Belmont Runyon School.

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