NOT LISTED FOR SALE

81 Schley St Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $331,000 - $430,000

4 Beds
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold November 27, 2023

Last sale price $360,000

Est. 7% increase in value since last sale

Current estimated payment $2,403/month

40 Days on Market

About This Home

As of November 2023

This home is located at 81 Schley St, Newark, NJ 07112 since 06 September 2023 and is currently estimated at $386,135. This property was built in 1925. 81 Schley St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Belmont Runyon School.

Last Agent to Sell the Property

Jorge Velasquez

RE/MAX PROFESSIONALS I Brokerage Phone: 973-450-4000 Listed on: 09/06/2023

Last Buyer's Agent

ADEYINKA FADEHAN

ALADEX BUSINESS & IT CONS., LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,590

Year Built

  • Built in 1925

Lot Details

  • 2,614 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,590

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • County Name: Essex
  • Street Number Display: 81
  • I D: 5242191
  • Modified: 2024-11-28
  • Number Images: 1
  • Attribution Contact: 973-450-4000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Nov 20, 2023
Sold by
Bird Properties Llc and Jarness Homes Group Llc
Bought by
Fadeyi Kolawole Akanni and Fadeyi Mary Adeola
Seller's Agent
Jorge Velasquez
RE/MAX PROFESSIONALS I
Buyer's Agent
ADEYINKA FADEHAN
ALADEX BUSINESS & IT CONS., LLC
List Price
$329,000
Sold Price
$360,000
Premium/Discount to List
$31,000
9.42%
Views
73
Current Estimated Value
$386,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,135
Avg. Annual Appreciation
6.02%
Original Mortgage
$342,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2020
Sold by
Bird Buys Houses Llc
Bought by
Bird Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,125,875
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2018
Sold by
Harness Homes Group Llc
Bought by
Bird Buys Houses Llc

Purchase Details

Listed on
Apr 20, 2017
Closed on
Oct 3, 2017
Sold by
Wilmington Svgs Fund Soc
Bought by
Harness Homes Group Llc
Seller's Agent
Donna Dickson
COLDWELL BANKER REALTY
Buyer's Agent
Donna Dickson
COLDWELL BANKER REALTY
List Price
$49,900
Sold Price
$48,500
Premium/Discount to List
-$1,400
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.24%

Purchase Details

Closed on
Jun 10, 2002
Sold by
White Joseph
Bought by
Onwunaka Theo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,333
Interest Rate
6.81%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 1998
Sold by
Edwards Earl
Bought by
White Joseph Carlos

Purchase Details

Closed on
Apr 28, 1998
Sold by
Andrew M Cuomo Sec Of Housing
Bought by
Edwards Earl

Purchase Details

Closed on
Aug 22, 1988
Sold by
White John C
Bought by
Walker Timothy
Source: Public Records

Range of Values:

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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
Fadeyi Kolawole Akanni $360,000 None Listed On Document
Bird Properties Llc -- Os National Resware
Bird Buys Houses Llc -- --
Harness Homes Group Llc $48,500 --
Onwunaka Theo $85,000 --
White Joseph Carlos $11,511 --
Edwards Earl $11,511 --
Walker Timothy $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fadeyi Kolawole Akanni $342,000
Previous Owner Bird Properties Llc $4,125,875
Previous Owner Onwunaka Theo $84,333
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2023 11/27/23 Sold $360,000 +9.4% --
10/16/2023 10/16/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $329,000 +578.4% --
12/01/2017 12/01/17 Sold $48,500 -2.8% --
06/01/2017 06/01/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $49,900 -- --
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 $3,590 $152,100 $26,300 $125,800
2024 $3,590 $96,300 $26,300 $70,000
2023 $3,598 $96,300 $26,300 $70,000
2022 $3,598 $96,300 $26,300 $70,000
2021 $3,596 $96,300 $26,300 $70,000
2020 $3,659 $96,300 $26,300 $70,000
2019 $3,622 $96,300 $26,300 $70,000
2018 $3,556 $96,300 $26,300 $70,000
2017 $3,428 $96,300 $26,300 $70,000
2016 $3,313 $96,300 $26,300 $70,000
2015 $3,187 $96,300 $26,300 $70,000
2014 $2,986 $96,300 $26,300 $70,000
Source: Public Records

Agents Affiliated with this Home

  • Jorge Velasquez

    Seller's Agent in 2023

    Jorge Velasquez

    RE/MAX

    (973) 418-0425

    10 in this area

    224 Total Sales

    Jorge Velasquez
    Section Image

  • A

    Buyer's Agent in 2023

    ADEYINKA FADEHAN

    ALADEX BUSINESS & IT CONS., LLC

  • Donna Dickson

    Seller's Agent in 2017

    Donna Dickson

    COLDWELL BANKER REALTY

    (201) 978-0430

    1 in this area

    39 Total Sales

    Donna Dickson
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    CHRISTOPHER DICKSON

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3863230

Garden State MLS

APN: 14-03084-0000-00048

New Jersey Essex County Newark 07112 Weequahic

81 Schley St, Newark, NJ

This home is located at 81 Schley St, Newark, NJ 07112 since 06 September 2023 and is currently estimated at $386,135. This property was built in 1925. 81 Schley St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Belmont Runyon School.

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