NOT LISTED FOR SALE

784 S 12th St Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $557,000 - $677,000

7 Beds
3 Baths
-- Sq Ft
4,360 Sq Ft Lot

Last Sold December 03, 2024

Last sale price $591,750

Est. 4% increase in value since last sale

Current estimated payment $4,060/month

135 Days on Market

About This Home

As of December 2024

A COLONIAL MULTIFAMILY 3 UNIT PROPERTY CENTRALLY LOCATE BOASTS 7 BEDROOMS, 3 FULL BATHA, AND UPDATE FEATURES REDY TO MOVE IN. THE PROPERTY IS WELL MAINTAINED CONDITION AND OTHER AMENITIES MAKE IT ATTRACTIVE INVESTMENT WITH GOOD RENTAL INCOME. SPACIOUS LAYOUT, WHICH ALLOWS FOR CONFORTABLE LIVING ARRANGEMENTS AND POTENTIAL ADDITIONAL RECREATIONAL IN THE BASEMENT AREA, ADDING VALUE TO THE PROPERTYIN THE LONG RUN.

Last Agent to Sell the Property

Maria Schmidt

NextHome Choice Group Listed on: 03/06/2024

NextHome Choice Group

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,920

Lot Details

  • 4,360 Sq Ft Lot
  • Lot Dimensions are 33 x 132.1

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00042 / 02650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,920

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (908) 662-5050
  • MLS Status: Sold - Sold
  • Directions: BETWEEN CLINTON AVE AND AVON AVE
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Remarks: YES-FULL-UNFINISHED

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

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

Lot Info

  • Lot Dimensions: 33 X 132.1
  • Lot Size Sq Ft: 4360.0

Tax Info

  • Tax Annual Amount: 9920.0
  • Tax Block: 02650
  • Tax Lot: 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Oct 23, 2024
Sold by
911 Newark Property Llc
Bought by
Esser Ingrid and Perez Ester
Seller's Agent
Maria Schmidt
NextHome Choice Group
Buyer's Agent
Outside Agent
Outside Office
List Price
$580,000
Sold Price
$591,750
Premium/Discount to List
$11,750
2.03%
Views
26
Current Estimated Value
$615,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,573
Avg. Annual Appreciation
3.79%
Original Mortgage
$561,405
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2024
Sold by
Towns Pierre
Bought by
911 Newark Property Llc

Purchase Details

Closed on
Feb 15, 2019
Sold by
Nj Multifamily Renovation
Bought by
Towns Pierre

Purchase Details

Listed on
Mar 17, 2016
Closed on
Feb 16, 2016
Sold by
Fannie Mae
Bought by
Nj Multifamily Renovation Llc
Seller's Agent
Dennis Seecharan
AAA COMMUNITY REALTY
Buyer's Agent
Dennis Seecharan
AAA COMMUNITY REALTY
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.90%
Original Mortgage
$72,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.53%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Esser Ingrid $610,000 Old Republic National Title
Esser Ingrid $610,000 Old Republic National Title
911 Newark Property Llc -- None Listed On Document
Towns Pierre $375,000 --
Nj Multifamily Renovation Llc -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Esser Ingrid $561,405
Previous Owner Nj Multifamily Renovation Llc $72,000
Previous Owner -- $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2024 12/03/24 Sold $591,750 +2.0% --
07/19/2024 07/19/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $580,000 0.0% --
04/26/2024 04/26/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $580,000 +866.7% --
03/17/2016 03/17/16 Sold $60,000 -- -- View Prior Sale
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 $9,920 $266,100 $5,800 $260,300
2024 $9,920 $266,100 $5,800 $260,300
2022 $9,942 $266,100 $5,800 $260,300
2021 $9,936 $266,100 $5,800 $260,300
2020 $10,112 $266,100 $5,800 $260,300
2019 $6,484 $172,400 $5,800 $166,600
2018 $6,367 $172,400 $5,800 $166,600
2017 $6,137 $172,400 $5,800 $166,600
2016 $5,931 $172,400 $5,800 $166,600
2015 $5,705 $172,400 $5,800 $166,600
2014 $5,346 $172,400 $5,800 $166,600
Source: Public Records

Agents Affiliated with this Home

  • Maria Schmidt

    Seller's Agent in 2024

    Maria Schmidt

    NextHome Choice Group

    (908) 662-5050

    2 in this area

    34 Total Sales

    Maria Schmidt
    Section Image

  • O

    Buyer's Agent in 2024

    Outside Agent

    Outside Office

  • D

    Seller's Agent in 2016

    Dennis Seecharan

    AAA COMMUNITY REALTY

    (201) 680-1280

    9 Total Sales

    Dennis Seecharan
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 24006846

New Jersey MLS

APN: 14-02650-0000-00042

New Jersey Essex County Newark 07108 Clinton Hill

784 S 12th St, Newark, NJ

Not Listed for Sale

MultiFamily

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