NOT LISTED FOR SALE

97 Osborne Terrace Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $720,729 - $832,000

6 Beds
7 Baths
-- Sq Ft
4,326 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $500,000

Est. 55% increase in value since last sale

Current estimated payment $5,495/month

21 Days on Market

Highlights

  • Attached Garage
  • Central Air
  • Rectangular Lot
  • Property is near schools

About This Home

As of February 2021

Live/Rent out /Work from Home in this great income producing property.Newer construction style, recently renovated 2 family in MINT condition.Home boasts hardwood floors, central air/heat, balconies. Master bedrooms with en suite . Laundry hookup in each apt. Finished basement with private entrance, 2 car garage . Huge backyard . This is a must see!

Last Agent to Sell the Property

Bren Chin

United Real Estate Listed on: 12/07/2020

United Real Estate

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,733

Year Built

  • 2002

Lot Details

  • 4,326 Sq Ft Lot
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Built in the 2000s
  • Brick Exterior Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Washer and Dryer Hookup
  • Property is near schools
  • Finished Basement

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 071403031 00019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,733

Year Built

2002

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/School, Close/Wrshp, One Floor Living
  • Views/Exposure: None
  • Year Built (Public Record): 2000's, Renovated
  • Miscellaneous: Security
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 16
  • Fireplace: None
  • Bedrooms: 6
  • Total Bathrooms: 5.20
  • Full Bathrooms: 5
  • Partial Bathroom: 2
  • Basement: Finished
  • Laundry: Hook Ups

Exterior Features

  • Waterfront: None
  • Exterior Finish: Brick, Vinyl

Garage/Parking

  • Garage: Attached, Park Space

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: Central Air

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot: 00019
  • Estimated Lot Sq Ft: 4326
  • Lot Description: Regular

Tax Info

  • Tax: 8733
  • Assessor Parcel Number: 071403031 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 23, 2021
Sold by
Noel Kevin
Bought by
Olajide Kazeem
Seller's Agent
Bren Chin
United Real Estate
Buyer's Agent
Outside Agent
Outside Office
List Price
$469,000
Sold Price
$500,000
Premium/Discount to List
$31,000
6.61%
Total Days on Market
21
Current Estimated Value
$773,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,932
Avg. Annual Appreciation
10.75%
Original Mortgage
$375,000
Outstanding Balance
$339,958
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$433,974

Purchase Details

Listed on
Mar 20, 2017
Closed on
Jun 26, 2017
Sold by
Sanders Robert and Sanders Antwon
Bought by
Noel Kevin
Seller's Agent
STEVEN SMITH
JEANIUS REALTY
Buyer's Agent
BREN ANN CHIN
UNITED REAL ESTATE
List Price
$240,000
Sold Price
$250,000
Premium/Discount to List
$10,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.79%
Original Mortgage
$187,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2008
Sold by
New Jersey Wholesale Properties Llc
Bought by
Sanders Antwon and Sanders Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,396
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 2007
Sold by
Freeman Rosie B
Bought by
New Jersey Wholesale Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.91%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 18, 2002
Sold by
Triple A Builders Llc
Bought by
Freeman Rosie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,900
Interest Rate
5.86%

Purchase Details

Closed on
Apr 14, 1992
Sold by
City Of Newark
Bought by
Middleton Feldman
Source: Public Records

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Range of Values:

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Average Value
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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
Olajide Kazeem $500,000 State Title Services Llc
Noel Kevin $250,000 First American Title
Sanders Antwon $394,500 Commonwealth Land Title Insu
New Jersey Wholesale Properties Llc $92,500 Old Republic Title Ins Group
Freeman Rosie $239,900 --
Middleton Feldman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olajide Kazeem $375,000
Previous Owner Noel Kevin $70,000
Previous Owner Noel Kevin $187,500
Previous Owner Sanders Antwon $380,396
Previous Owner New Jersey Wholesale Properties Llc $90,000
Previous Owner Freeman Rosie $227,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $500,000 +6.6% --
12/28/2020 12/28/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $469,000 +87.6% --
06/26/2017 06/26/17 Sold $250,000 +4.2% --
04/04/2017 04/04/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $240,000 -- --
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
2024 $14,002 $375,600 $19,400 $356,200
2022 $14,032 $375,600 $19,400 $356,200
2021 $8,670 $232,200 $19,400 $212,800
2020 $8,824 $232,200 $19,400 $212,800
2019 $8,733 $232,200 $19,400 $212,800
2018 $8,575 $232,200 $19,400 $212,800
2017 $8,266 $232,200 $19,400 $212,800
2016 $7,988 $232,200 $19,400 $212,800
2015 $7,684 $232,200 $19,400 $212,800
2014 $7,201 $232,200 $19,400 $212,800
Source: Public Records

Agents Affiliated with this Home

  • Bren Chin

    Seller's Agent in 2021

    Bren Chin

    United Real Estate

    (347) 564-7131

    1 in this area

    26 Total Sales

    Bren Chin
    Section Image

  • O

    Buyer's Agent in 2021

    Outside Agent

    Outside Office

  • S

    Seller's Agent in 2017

    STEVEN SMITH

    JEANIUS REALTY

  • B

    Buyer's Agent in 2017

    BREN ANN CHIN

    UNITED REAL ESTATE

See All Agents

Map

Source: New Jersey MLS

MLS Number: 20050795

New Jersey MLS

APN: 14-03031-0000-00019

New Jersey Essex County Newark 07108 Clinton Hill

97 Osborne Terrace, Newark, NJ

This home is located at 97 Osborne Terrace, Newark, NJ 07108 since 07 December 2020 and is currently estimated at $773,932. This property was built in 2002. 97 Osborne Terrace is a home located in Essex County with nearby schools including Belmont Runyon School, Hawthorne Avenue Elementary 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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