NOT LISTED FOR SALE

Estimated Value: $110,125 - $427,000

0.06 Acre
$4,711,632 Price per Acre
2,483 Sq Ft Lot

Last Sold July 29, 2020

Last sale price $75,000

Est. 258% increase in value since last sale

Current estimated payment $1,524/month

93 Days on Market

About This Lot

As of July 2020

Located 2 miles (5 minutes) from Downtown Newark, NJ. Great Investment opportunity in Newark NJ. 2 family Plans approved and filed with the city (3 bedroom/2 bathroom per unit) Survey Completed and filed with the city New Construction 2 family sells for 400k in the area.

Last Listed By

Gregory Balderacchi

Homelister of NJ Inc Listed on: 03/23/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $421

Lot Details

Listing and Financial Details

  • Assessor Parcel Number 071402645 00054

Property Details

Property Type

Land

Est. Annual Taxes

$421

Lot Details

0

Listing Details

  • Property Short: LND
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot: 00054
  • AV Acres: 0.570
  • Improvements: None
  • Topog: Level
  • Wetlands: Not Known

Tax Info

  • Assessor Parcel Number: 071402645 00054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Jul 29, 2020
Sold by
Oduwole Olutosin and Mendez Veronica
Bought by
Herrera Realty Llc
Seller's Agent
Gregory Balderacchi
Homelister of NJ Inc
Buyer's Agent
Outside Agent
Outside Office
List Price
$100,000
Sold Price
$75,000
Premium/Discount to List
-$25,000
-25%
Total Days on Market
93
Current Estimated Value
$268,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,563
Avg. Annual Appreciation
30.66%

Range of Values:

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ICE

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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
Herrera Realty Llc $75,000 Primary Title Services Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2020 07/29/20 Sold $75,000 0.0% --
06/24/2020 06/24/20 Pending -- -- --
04/19/2020 04/19/20 Price Changed $75,000 +36.4% --
04/06/2020 04/06/20 Price Changed $55,000 -45.0% --
03/23/2020 03/23/20 For Sale $100,000 -- --
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
2024 $421 $11,300 $11,300 $0
2022 $422 $11,300 $11,300 $0
2021 $422 $11,300 $11,300 $0
2020 $429 $11,300 $11,300 $0
2019 $425 $11,300 $11,300 $0
2018 $417 $11,300 $11,300 $0
2017 $0 $11,300 $11,300 $0
2016 $0 $11,300 $11,300 $0
2015 -- $11,300 $11,300 $0
2014 -- $11,300 $11,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20012177

New Jersey MLS

APN: 14-02645-0000-00054