NOT LISTED FOR SALE

83-85 Schley St Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $566,000 - $696,000

12 Beds
3 Baths
-- Sq Ft
5,001 Sq Ft Lot

Last Sold August 24, 2022

Last sale price $410,100

Est. 58% increase in value since last sale

Current estimated payment $4,141/month

22 Days on Market

About This Home

As of August 2022

GOOD NEIGHBOR NEXT DOOR PARTICIPATES ONLY UNTIL 06/14/22. SEE TO SEE IF YOU QUALIFY. Do not miss your opportunity to see this MASSIVE 3 family property in the heart of Newark, NJ. This property features private driveway, off street parking, & full basement. 1st and 2nd floor units come equipped w/ Kitchen, Bathroom, Living Room w/ closet, 3 Bedrooms. 3rd floor unit comes with Kitchen, Bathroom, Living Room w/ closet, 2 Bedrooms. Perfect for an investor or owner occupant. This property won't last long - schedule your private showing today!

Last Agent to Sell the Property

Sheldon Haag

Agnelli New Jersey Real Estate LLC Listed on: 06/08/2022

Last Buyer's Agent

Florin Hoxha

Welcome Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,363

Lot Details

  • 5,001 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 00049 / 03084

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,363

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: (860) 637-6523
  • MLS Status: Sold - Sold
  • Directions: GPS
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 12
  • Basement Remarks: Full Basement

Exterior Features

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

Utilities

  • Utilities: Electricity Connected

Lot Info

  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 7363.0
  • Tax Block: 03084
  • Tax Lot: 00049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Aug 17, 2022
Sold by
Secretary Of Housing And Urban Developme
Bought by
Dardan Hysenukaj and Dardan Adrian Hysenukaj
Seller's Agent
Sheldon Haag
Agnelli New Jersey Real Estate LLC
Buyer's Agent
Florin Hoxha
Welcome Properties
List Price
$360,000
Sold Price
$410,100
Premium/Discount to List
$50,100
13.92%
Current Estimated Value
$647,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,387
Avg. Annual Appreciation
15.74%

Purchase Details

Closed on
Oct 7, 2021
Sold by
Branch Banking And Trust Co and Truist Bank
Bought by
Secretary/Housing & Urban Dev

Purchase Details

Closed on
Apr 28, 2011
Sold by
83-85 Schley Associates L L C
Bought by
Brown Ricardo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,155
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 2009
Sold by
Lawson George
Bought by
83-85 Schley Associates Llc

Purchase Details

Closed on
Aug 24, 2006
Sold by
Francis Alludia
Bought by
Lawson George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
6.52%

Purchase Details

Closed on
Jan 30, 2006
Sold by
Gibson James
Bought by
Francis Alludia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
6.23%
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
Dardan Hysenukaj $410,100 Clear Skies Title
Dardan Hysenukaj $410,100 Clear Skies Title
Secretary/Housing & Urban Dev -- None Listed On Document
Secretary/Housing & Urban Dev -- None Listed On Document
Brown Ricardo A $270,000 Allied Title Llc
Brown Ricardo A $270,000 Allied Title Llc
83-85 Schley Associates Llc $56,800 None Available
83-85 Schley Associates Llc $56,800 None Available
Lawson George $460,000 --
Lawson George $460,000 --
Francis Alludia $245,000 --
Francis Alludia $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Ricardo A $263,155
Previous Owner Lawson George $74,857
Previous Owner Lawson George $414,000
Previous Owner Francis Alludia $232,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $410,100 +13.9% --
08/23/2022 08/23/22 For Sale $360,000 0.0% --
06/30/2022 06/30/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $360,000 -12.2% --
06/09/2022 06/09/22 Off Market $410,100 -- --
06/08/2022 06/08/22 For Sale $360,000 -- --
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 $7,352 $197,200 $29,400 $167,800
2024 $7,352 $197,200 $29,400 $167,800
2022 $7,367 $197,200 $29,400 $167,800
2021 $7,363 $197,200 $29,400 $167,800
2020 $7,494 $197,200 $29,400 $167,800
2019 $7,417 $197,200 $29,400 $167,800
2018 $7,283 $197,200 $29,400 $167,800
2017 $7,020 $197,200 $29,400 $167,800
2016 $6,784 $197,200 $29,400 $167,800
2015 $6,525 $197,200 $29,400 $167,800
2014 $6,115 $197,200 $29,400 $167,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sheldon Haag

    Agnelli New Jersey Real Estate LLC

    Section Image

  • F

    Buyer's Agent in 2022

    Florin Hoxha

    Welcome Properties

    (718) 618-0665

    1 in this area

    1 Total Sale

    Florin Hoxha
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22021032

New Jersey MLS

APN: 14-03084-0000-00049

New Jersey Essex County Newark 07112 Weequahic

83-85 Schley St, Newark, NJ

This home is located at 83-85 Schley St, Newark, NJ 07112 since 08 June 2022 and is currently estimated at $647,487. 83-85 Schley St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Belmont Runyon 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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

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

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