NOT LISTED FOR SALE

81 Congress St Unit 83 Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $800,000 - $1,023,000

4 Beds
5 Baths
2,799 Sq Ft
$311/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $560,000 $200 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,706/month

66 Days on Market

Highlights

  • Sauna
  • 0.07 Acre Lot
  • Main Floor Bedroom
  • Custom Home
  • Wood Flooring
  • 2-minute walk to Peter Francisco Park

About This Home

As of January 2021

Amazing! One of Kind, beautiful single family home located in the Ironbound section of Newark! Conveniently located by Newark Penn Station which offers about a 20 minutes ride from NY City. Close to Ferry St. shopping stores, restaurants and pharmacies. Ground level:Spacious kitchen with granite counter tops, living room with a burning wood fire place,formal dining room, hardwood flooring, high ceilings and recessing lighting throughout.Second level, Two bedrooms with hardwood flooring and a full bath with Jacuzzi, stall shower, Bidet and Sauna. Includes double sink and a large family room with a private bath and small kitchen.Third level : Two bedrooms carpeting floor Cathedral ceilings,skylights & full bath. Finished basement. Exterior Solid brick with a paved driveway and two car garage.

Last Agent to Sell the Property

Augusto Verissimo

WEICHERT REALTORS - HOME CITY Listed on: 06/10/2020

WEICHERT REALTORS - HOME CITY

Last Buyer's Agent

Augusto Verissimo

WEICHERT REALTORS - HOME CITY Listed on: 06/10/2020

WEICHERT REALTORS - HOME CITY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,211

Year Built

  • Built in 1928

Lot Details

  • 59 Sq Ft Lot
  • Level Lot
  • Property is zoned MX1

Parking

  • 2 Car Attached Garage
  • Inside Entrance

Home Design

  • Custom Home
  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 2,799 Sq Ft Home
  • High Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Sauna
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Partially Finished Basement

Kitchen

  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Bidet
  • Separate Shower

Utilities

  • Central Air
  • Two Cooling Systems Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1614-00186-0000-00021-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,211

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Style: Converted Structure, Custom Home
  • Primary Style: Converted Structure
  • Subproperty Type: Single Family
  • Year Built: 1928
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 81-83
  • Directions: Off Ferry street
  • I D: 4988045
  • Modified: 2022-01-29
  • Number Images: 25
  • Section Subdiv Development: Ironbound
  • First Name: AUGUSTO
  • First Name3: AUGUSTO
  • Last Name: VERISSIMO
  • Last Name3: VERISSIMO
  • Office Phone: 973-741-3000
  • Office Phone3: 973-741-3000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven-Gas
  • Interior Amenities: High Ceilings
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Bidet, Sauna, Stall Shower
  • Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Bath(s) Other, SeeRem, Utility Room
  • Dining Room Level: Ground
  • Dining Area: Formal Dining Room
  • Den Level: Ground
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: FamilyRm, Full Bath, SepEnter
  • Kitchen Area: Center Island
  • Kitchen Dim: 15x13
  • Kitchen Level: Ground
  • Living Room Dim: 14x15
  • Living Room Level: Ground
  • Other Room1 Dim: 11x14
  • Other Room1 Level: First
  • Other Room2 Dim: 14x14
  • Other Room2 Level: Second
  • Other Room3 Dim: 15x14
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Sauna
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other
  • Estimated Sq Ft: 2799
  • Ground Level Rooms: Dining Room, Inside Entrance, Kitchen, Living Room
  • Phone: 973-741-3000

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Sauna

Lot Info

  • Lot Size: 59.24 X 52.68
  • Assessed Improvement Value: 232500
  • Assessed Land Value: 65600
  • Assessment: 298100
  • Lot Description: Level Lot
  • Lot Identifier: 21
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.07
  • Zoning: MX1

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11211
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00186-0000-00021-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.761
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jan 28, 2021
Sold by
Loureiro John M and Loureiro George M
Bought by
Vinhas Helena
Seller's Agent
Augusto Verissimo
WEICHERT REALTORS - HOME CITY
Buyer's Agent
Augusto Verissimo
WEICHERT REALTORS - HOME CITY
List Price
$675,000
Sold Price
$560,000
Premium/Discount to List
-$115,000
-17.04%
Current Estimated Value
$871,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,225
Avg. Annual Appreciation
9.90%
Original Mortgage
$512,000
Outstanding Balance
$457,133
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$414,092

Purchase Details

Closed on
Feb 27, 2004
Source: Public Records

Range of Values:

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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
Vinhas Helena $650,000 Attorney Title Services Llc
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vinhas Helena $512,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $560,000 -17.0% $200 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $675,000 -- $241 / Sq Ft
Source: Garden State 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 $13,048 $350,000 $64,900 $285,100
2024 $13,048 $350,000 $64,900 $285,100
2022 $20,328 $544,100 $64,900 $479,200
2021 $20,317 $544,100 $64,900 $479,200
2020 $10,450 $275,000 $64,900 $210,100
2019 $11,212 $298,100 $65,600 $232,500
2018 $11,009 $298,100 $65,600 $232,500
2017 $10,612 $298,100 $65,600 $232,500
2016 $10,255 $298,100 $65,600 $232,500
2015 $9,864 $298,100 $65,600 $232,500
2014 $9,244 $298,100 $65,600 $232,500
Source: Public Records

Agents Affiliated with this Home

  • Augusto Verissimo

    Seller's Agent in 2021

    Augusto Verissimo

    WEICHERT REALTORS - HOME CITY

    (973) 420-5317

    59 in this area

    208 Total Sales

    Augusto Verissimo
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3639178

Garden State MLS

APN: 14-00186-0000-00021

New Jersey Essex County Newark 07105 South Ironbound

81 Congress St Unit 83, Newark, NJ

This home is located at 81 Congress St Unit 83, Newark, NJ 07105 since 10 June 2020 and is currently estimated at $871,225, approximately $311 per square foot. This property was built in 1928. 81 Congress St Unit 83 is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

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