$222,500
SOLD JAN 28, 2019

88 Willoughby St Newark, NJ 07112

Weequahic Neighborhood
-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Recently Sold

19% Below List Price

223 Days on Market

About This Home

As of June 2022

This home is located at 88 Willoughby St, Newark, NJ 07112 and is currently priced at $222,500. 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.

Last Buyer's Agent

AHMED ABDELHALIEM

TOP VALUE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,942

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,942

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 88
  • I D: 4796160
  • Modified: 2020-01-29
  • Number Images: 0
  • Attribution Contact: 609-716-8400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 27X100
  • Total Acres: 0.06

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
$551,452

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
8.86%
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
14.33%
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:

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
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed -- None Listed On Document
Deed $410,000 None Listed On Document
Interfamily Deed Transfer -- Meister Abstract Corp
Deed $222,500 --
Deed $80,000 Chicago Title
Deed $37,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $465,000 Balloon
Previous Owner $378,000 No Value Available
Previous Owner $255,500 New Conventional
Previous Owner $195,000 No Value Available
Previous Owner $1,250,000 No Value Available
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: 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 $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: Garden State MLS

MLS Number: 3463230

Garden State 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 and is currently priced at $222,500. 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.

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