NOT LISTED FOR SALE

8-10 Fabyan Place Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $459,000 - $696,000

6 Beds
4 Baths
-- Sq Ft
1,956 Sq Ft Lot

Last Sold August 22, 2023

Last sale price $600,000

Current estimated payment $3,921/month

54 Days on Market

About This Home

As of August 2023

2 family home consists of identical units. Each unit has 3 bedrooms and 2 bathrooms, living room and dining room combo, and open kitchen. Hardwood floors throughout. Basement is finished with a full bath. 1 car garage.

Last Agent to Sell the Property

Marilyn Velez

Lifestyle International Realty Listed on: 04/20/2023

Lifestyle International Realty

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,768

Lot Details

  • 1,956 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 00071 / 03078

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,768

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: 732-943-4908
  • MLS Status: Sold - Sold
  • Directions: Clinton to Fabyan
  • Architectural Style: 2 Family
  • Year Built Details: 2000's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 1956.0

Tax Info

  • Tax Annual Amount: 8768.0
  • Tax Block: 03078
  • Tax Lot: 00071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Aug 3, 2023
Sold by
Martinez Oscar R
Bought by
Singh Lakhbir
Seller's Agent
Marilyn Velez
Lifestyle International Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$500,000
Sold Price
$600,000
Premium/Discount to List
$100,000
20%
Views
329
Current Estimated Value
$601,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,995
Avg. Annual Appreciation
0.16%
Original Mortgage
$440,000
Outstanding Balance
$429,974
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$172,021

Purchase Details

Closed on
Jun 13, 2014
Sold by
Cardenas Margarita
Bought by
Martinez Oscar

Purchase Details

Closed on
May 2, 2005
Sold by
Pereira Jair
Bought by
Cardenas Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2004
Sold by
Summer Construction Corp
Bought by
Pereira Jair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.32%

Purchase Details

Closed on
Aug 6, 2003
Sold by
Lll Wainwright Llc
Bought by
Summer Construction Corp
Source: Public Records

Range of Values:

Collateral Analytics

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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
Singh Lakhbir $600,000 Chicago Title
Martinez Oscar $160,000 --
Martinez Oscar $160,000 --
Cardenas Margarita $425,000 --
Pereira Jair $130,000 --
Summer Construction Corp $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Lakhbir $440,000
Previous Owner Cardenas Margarita $340,000
Previous Owner Pereira Jair $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Sold $600,000 +20.0% --
06/13/2023 06/13/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $500,000 -- --
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 $8,750 $234,700 $12,600 $222,100
2024 $8,750 $234,700 $12,600 $222,100
2023 $8,768 $234,700 $12,600 $222,100
2022 $8,768 $234,700 $12,600 $222,100
2021 $8,764 $234,700 $12,600 $222,100
2020 $8,919 $234,700 $12,600 $222,100
2019 $8,827 $234,700 $12,600 $222,100
2018 $8,667 $234,700 $12,600 $222,100
2017 $8,355 $234,700 $12,600 $222,100
2016 $8,074 $234,700 $12,600 $222,100
2015 $7,766 $234,700 $12,600 $222,100
2014 $7,278 $234,700 $12,700 $222,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Marilyn Velez

    Lifestyle International Realty

    (732) 943-4908

    1 in this area

    9 Total Sales

    Marilyn Velez
    Section Image

  • O

    Buyer's Agent in 2023

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 23011536

New Jersey MLS

APN: 14-03078-0000-00071

New Jersey Essex County Newark 07108 Clinton Hill

8-10 Fabyan Place, Newark, NJ

This home is located at 8-10 Fabyan Place, Newark, NJ 07108 since 20 April 2023 and is currently estimated at $601,995. 8-10 Fabyan Place is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

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.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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