$585,000
SOLD JAN 7, 2025

88 Schley St Unit 90 Newark, NJ 07112

Weequahic Neighborhood
-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

4% Below List Price

47 Days on Market

About This Home

As of January 2025

This home is located at 88 Schley St Unit 90, Newark, NJ 07112 and is currently priced at $585,000. This property was built in 1912. 88 Schley St Unit 90 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

MICHAEL AUER

COLDWELL BANKER REALTY Brokerage Phone: 973-994-4323 Listed on: 11/01/2024

Last Buyer's Agent

Mordy Abelesz

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,711

Year Built

  • Built in 1912

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,711

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • County Name: Essex
  • I D: 5318602
  • Attribution Contact: 973-994-4323
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Jan 2, 2025
Sold by
Nng Iof Llc and Nng Iof R Llc
Bought by
Bh Joel 18 Llc
Seller's Agent
MICHAEL AUER
COLDWELL BANKER REALTY
Buyer's Agent
Mordy Abelesz
EXP REALTY, LLC
List Price
$610,000
Sold Price
$585,000
Premium/Discount to List
-$25,000
-4.1%
Views
19
Current Estimated Value
$556,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,188
Avg. Annual Appreciation
-5.58%
Original Mortgage
$420,207
Outstanding Balance
$417,289
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$139,523

Purchase Details

Closed on
Sep 23, 2022
Sold by
Nng Real Property I Llc
Bought by
Nng Iof Llc

Purchase Details

Closed on
Sep 21, 2017
Sold by
Bilal Fuquan
Bought by
Tfk Property Mgmt Llc

Purchase Details

Closed on
Jul 10, 2017
Sold by
Tkf Property Management Llc
Bought by
Bilal Fuquan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2016
Sold by
Pennymac Loan Services Llc
Bought by
Tfk Property Management

Purchase Details

Closed on
Apr 18, 2001
Sold by
Barron Jesse
Bought by
Keith Donnell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,342
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2001
Sold by
Berrios Gil
Bought by
Barron Jesse and Barron Keith Hussan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,342
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 1991
Sold by
Berrios Berrios H and Berrios A
Bought by
Berrios Gil and Berrios Alsacia

Purchase Details

Closed on
Dec 7, 1988
Sold by
Clark Denis D and Clark Almond,Richard D
Bought by
Berrios Hector and Berrios Daniel
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 Type Sale Price Title Company
Deed $560,277 Universal Title
Bargain Sale Deed -- Fortune Title
Quit Claim Deed -- --
Quit Claim Deed -- None Available
Deed $89,000 American Land Title
Deed $172,000 --
Deed $90,000 --
Quit Claim Deed $75,000 --
Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,207 Construction
Previous Owner $189,000 New Conventional
Previous Owner $169,342 FHA
Previous Owner $122,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2025 01/07/25 Sold $585,000 -4.1% --
12/18/2024 12/18/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $610,000 -- --
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 $9,711 $260,500 $29,400 $231,100
2024 $9,711 $260,500 $29,400 $231,100
2022 $3,602 $96,400 $29,400 $67,000
2021 $3,600 $96,400 $29,400 $67,000
2020 $3,663 $96,400 $29,400 $67,000
2019 $3,626 $96,400 $29,400 $67,000
2018 $3,560 $96,400 $29,400 $67,000
2017 $3,432 $96,400 $29,400 $67,000
2016 $3,316 $96,400 $29,400 $67,000
2015 $3,190 $96,400 $29,400 $67,000
2014 $2,989 $96,400 $29,400 $67,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    MICHAEL AUER

    COLDWELL BANKER REALTY

  • M

    Buyer's Agent in 2025

    Mordy Abelesz

    EXP REALTY, LLC

    (347) 243-7060

    3 in this area

    94 Total Sales

    Mordy Abelesz
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Map

Source: Garden State MLS

MLS Number: 3932420

Garden State MLS

APN: 14-03072-0000-00080

New Jersey Essex County Newark 07112 Weequahic

88 Schley St Unit 90, Newark, NJ

Sold

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