NOT LISTED FOR SALE

88 Willoughby St Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $546,958 - $596,000

5 Beds
3 Baths
-- Sq Ft
2,701 Sq Ft Lot

Last Sold June 16, 2022

Last sale price $410,000

Est. 38% increase in value since last sale

Current estimated payment $3,636/month

84 Days on Market

About This Home

As of June 2022

Nice 3 fam available for sale! Fully rented and producing income from day 1! The 1st and 2nd units feature 2 bedrooms each, living room and kitchen. The 3rd unit features 1 bedroom, LR, kitchen. Being sold AS-IS. Buyer responsible for all certs. Ideally located near grocery stores, schools, public transportation & the Beth Israel Medical Center.

Last Agent to Sell the Property

Mordy Abelesz

EXP Realty, LLC Listed on: 02/11/2022

EXP Realty, LLC

Last Buyer's Agent

Mordy Abelesz

EXP Realty, LLC Listed on: 02/11/2022

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,115

Lot Details

  • 2,701

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00041 / 03051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,115

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: Lyons Ave and Forest Pl
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Tax Info

  • Tax Annual Amount: 6115.0
  • Tax Block: 03051
  • Tax Lot: 00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2024
Sold by
Berger Volvi
Bought by
88 Willoughby St Llc
Current Estimated Value
$565,490

Purchase Details

Listed on
Feb 11, 2022
Closed on
Aug 9, 2022
Sold by
88 Willoughby St Llc
Bought by
Berger Volvi
Seller's Agent
Mordy Abelesz
EXP Realty, LLC
Buyer's Agent
Mordy Abelesz
EXP Realty, LLC
List Price
$449,000
Sold Price
$410,000
Premium/Discount to List
-$39,000
-8.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$465,000
Interest Rate
5.51%
Mortgage Type
Balloon

Purchase Details

Listed on
Feb 11, 2022
Closed on
Jun 16, 2022
Sold by
Moshe Deutsch
Bought by
88 Willoughby St Llc
Seller's Agent
Mordy Abelesz
EXP Realty, LLC
Buyer's Agent
Mordy Abelesz
EXP Realty, LLC
List Price
$449,000
Sold Price
$410,000
Premium/Discount to List
-$39,000
-8.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
5.51%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 16, 2020
Sold by
88 Willoughby Nj Llc
Bought by
Deutch Moshe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jan 23, 2019
Sold by
88 Willoughby St Llc
Bought by
88 Willoughby St Llc
Buyer's Agent
AHMED ABDELHALIEM
TOP VALUE REALTY
List Price
$275,000
Sold Price
$222,500
Premium/Discount to List
-$52,500
-19.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%
Original Mortgage
$195,000
Interest Rate
4.41%

Purchase Details

Closed on
Oct 1, 2015
Sold by
Bressler Jesus A and Bressler Mae Wong
Bought by
88 Willoughby Street Llc

Purchase Details

Closed on
Jun 10, 1985
Bought by
Bressler Jesus A
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
88 Willoughby St Llc -- None Listed On Document
Berger Volvi -- None Listed On Document
88 Willoughby St Llc $410,000 None Listed On Document
Deutch Moshe -- Meister Abstract Corp
88 Willoughby St Llc $222,500 --
88 Willoughby Street Llc $80,000 Chicago Title
Bressler Jesus A $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berger Volvi $465,000
Previous Owner 88 Willoughby St Llc $378,000
Previous Owner Deutch Moshe $255,500
Previous Owner 88 Willoughby Nj Llc $195,000
Previous Owner 88 Willoughby St Llc $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $410,000 -8.7% --
05/06/2022 05/06/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $449,000 0.0% --
05/04/2022 05/04/22 Price Changed $449,000 -7.4% --
04/11/2022 04/11/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $485,000 +118.0% --
01/28/2019 01/28/19 Sold $222,500 -19.1% --
11/29/2018 11/29/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $275,000 -- --
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 $6,942 $186,200 $26,800 $159,400
2024 $6,942 $186,200 $26,800 $159,400
2023 $6,956 $186,200 $26,800 $159,400
2022 $6,956 $186,200 $26,800 $159,400
2021 $6,953 $186,200 $26,800 $159,400
2020 $7,076 $186,200 $26,800 $159,400
2019 $6,115 $162,600 $26,800 $135,800
2018 $6,005 $162,600 $26,800 $135,800
2017 $5,789 $162,600 $26,800 $135,800
2016 $5,593 $162,600 $26,800 $135,800
2015 $5,380 $162,600 $26,800 $135,800
2014 $5,042 $162,600 $26,800 $135,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mordy Abelesz

    EXP Realty, LLC

    (347) 243-7060

    4 in this area

    96 Total Sales

    Mordy Abelesz
    Section Image

  • A

    Buyer's Agent in 2019

    AHMED ABDELHALIEM

    TOP VALUE REALTY

See All Agents

Map

Source: New Jersey MLS

MLS Number: 22004393

New Jersey MLS

APN: 14-03051-0000-00041

New Jersey Essex County Newark 07112 Weequahic

88 Willoughby St, Newark, NJ

This home is located at 88 Willoughby St, Newark, NJ 07112 since 11 February 2022 and is currently estimated at $565,490. 88 Willoughby St is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary 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.

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

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