NOT LISTED FOR SALE

93-95 Ridgewood Ave Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $636,000 - $820,000

9 Beds
3 Baths
-- Sq Ft
3,398 Sq Ft Lot

Last Sold March 07, 2024

Last sale price $665,000

Est. 8% increase in value since last sale

Current estimated payment $4,832/month

70 Days on Market

About This Home

As of March 2024

Look no further than this AMAZING opportunity. Fully vacant 3-family home in a convenient location in Newark close to major highways, local amenities, schools, stores, and everything you need. All units have been recently renovated. Unit 1 and Unit 2 feature 4 bedrooms and 1 bathroom, while the 3rd unit features 1 bedroom and 1 bath with potential for a 2nd bedroom. To top it all off this home is located on an expansive lot with potential for further real estate development in the rear of the property. Perfect for investors or owner occupants who want to live in one unit and rent the others! Don't miss the opportunity to own this home!

Last Agent to Sell the Property

Robert Sago

Real Listed on: 12/22/2023

Real

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,442

Lot Details

  • 3,398

Home Design

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00009 / 02679

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,442

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: Google Maps
  • 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: 9

Exterior Features

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

Utilities

  • Utilities: See Remarks

Tax Info

  • Tax Annual Amount: 8442.0
  • Tax Block: 02679
  • Tax Lot: 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2023
Closed on
Mar 6, 2024
Sold by
Herrera Jose L
Bought by
Braun Chaim
Seller's Agent
Robert Sago
Real
Buyer's Agent
Outside Agent
Outside Office
List Price
$650,000
Sold Price
$665,000
Premium/Discount to List
$15,000
2.31%
Views
95
Current Estimated Value
$720,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,101
Avg. Annual Appreciation
3.83%
Original Mortgage
$498,750
Outstanding Balance
$491,431
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$211,559

Purchase Details

Closed on
Jan 9, 2023
Sold by
Santos Jose L Herrera
Bought by
Herrera Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Dec 3, 2014
Closed on
May 25, 2016
Sold by
Baczyk Dorota
Bought by
Capital Investments Essex County Llc
Seller's Agent
GLORIA DE CRUISE
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
GLORIA DE CRUISE
ELITE REALTORS OF NEW JERSEY
List Price
$99,500
Sold Price
$92,000
Premium/Discount to List
-$7,500
-7.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.59%

Purchase Details

Closed on
Apr 30, 2012
Sold by
9395 Ridgewood Holdings Llc
Bought by
Baczyk Dorota

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,648
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2011
Sold by
Hsbc Bank Usa National Association
Bought by
9395 Ridgewood Holdings Llc

Purchase Details

Closed on
Sep 14, 2009
Sold by
Sewnarine Devindra
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jun 30, 2006
Sold by
Sheems Enterprises Llc
Bought by
Sewarnine Devindra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,400
Interest Rate
6.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 22, 2005
Sold by
Southard Josephine Caterio
Bought by
Sheems Enterprises Llc

Purchase Details

Closed on
May 20, 2003
Sold by
Citibank
Bought by
Sheen'S Enterprises

Purchase Details

Closed on
Mar 14, 1990
Sold by
Bernstein Nat and Bernstein Leveridge,Hue
Bought by
Leveridge Hue
Source: Public Records

Range of Values:

Collateral Analytics

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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
Braun Chaim $665,000 Town Title
Herrera Jose L -- True Value Title
Capital Investments Essex County Llc $92,000 Chancellor Title Agency Inc
Baczyk Dorota $290,000 Olde School Title Svcs Llc
9395 Ridgewood Holdings Llc $50,000 Fidelity Natl Title Ins Co
Hsbc Bank Usa National Association -- None Available
Sewarnine Devindra $372,000 --
Sheems Enterprises Llc $40,000 --
Sheen'S Enterprises $73,000 --
Leveridge Hue -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braun Chaim $498,750
Previous Owner Herrera Jose L $188,000
Previous Owner Herrera Santos Jose L $332,000
Previous Owner Malecek Franceska $307,386
Previous Owner Baczyk Dorota $282,648
Previous Owner 9395 Ridgewood Holdings Llc $110,000
Previous Owner Sewnarine Devindra $260,400
Previous Owner Sewnarine Devindra $74,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $665,000 +2.3% --
12/22/2023 12/22/23 For Sale $650,000 +104.4% --
04/24/2018 04/24/18 Sold $318,000 -3.6% --
02/20/2018 02/20/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $329,900 +258.6% --
06/03/2016 06/03/16 Sold $92,000 -7.5% --
11/09/2015 11/09/15 Pending -- -- --
12/03/2014 12/03/14 For Sale $99,500 -- --
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 $10,986 $294,700 $21,600 $273,100
2024 $10,986 $294,700 $21,600 $273,100
2023 $8,447 $294,700 $21,600 $273,100
2022 $8,447 $226,100 $21,400 $204,700
2021 $8,443 $226,100 $21,400 $204,700
2020 $8,592 $226,100 $21,400 $204,700
2019 $8,504 $226,100 $21,400 $204,700
2018 $8,350 $226,100 $21,400 $204,700
2017 $8,049 $226,100 $21,400 $204,700
2016 $7,778 $226,100 $21,400 $204,700
2015 $7,482 $226,100 $21,400 $204,700
2014 $7,011 $226,100 $21,400 $204,700
Source: Public Records

Agents Affiliated with this Home

  • Robert Sago

    Seller's Agent in 2024

    Robert Sago

    Real

    (917) 733-8218

    1 in this area

    52 Total Sales

    Robert Sago
    Section Image

  • O

    Buyer's Agent in 2024

    Outside Agent

    Outside Office

  • Y

    Seller's Agent in 2018

    YOE LOPEZ

    Rand Realty

  • G

    Seller's Agent in 2016

    GLORIA DE CRUISE

    ELITE REALTORS OF NEW JERSEY

See All Agents

Map

Source: New Jersey MLS

MLS Number: 24001121

New Jersey MLS

APN: 14-02679-0000-00009

New Jersey Essex County Newark 07108 Clinton Hill

93-95 Ridgewood Ave, Newark, NJ

This home is located at 93-95 Ridgewood Ave, Newark, NJ 07108 since 22 December 2023 and is currently estimated at $720,101. 93-95 Ridgewood Ave is a home located in Essex County with nearby schools including Belmont Runyon School, Louise A. Spencer School, and Peshine Avenue Elementary 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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