NOT LISTED FOR SALE

98-100 Gotthardt St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $680,000 - $883,573

7 Beds
3 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold January 20, 2023

Last sale price $781,000

Current estimated payment $5,021/month

27 Days on Market

About This Home

As of January 2023

This is a high income producing 3 family property, located in the most desirable section of Ironbound and boasts of seven bedrooms and three full bathrooms. The main house has two floors with a two bedroom apartment on the first floor with a beautiful Spanish style covered porch. On the 2nd Floor there is a three bedrooms and one bath apartment. Behind the main house, there is a fully detached two bedroom one bathroom house with a private entrance and a gated, private driveway. Plenty of parking with a two a car garage and off street parking for five cars. This property is in close proximity to the best schools, shopping and transportation. Each apartment operates on its own gas, electric and water meter. **Seller requires preapproval from their specific lender.**

Last Agent to Sell the Property

Shawn Chaconas

Compass New Jersey, LLC-Montclair Listed on: 10/26/2022

Last Buyer's Agent

Shawn Chaconas

Compass New Jersey, LLC-Montclair

Compass New Jersey, LLC-Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,110

Lot Details

  • 4,008

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00022 / 01007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,110

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 973-310-7360
  • MLS Status: Sold - Sold
  • Directions: New York Ave to Gotthardt St.
  • 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: 7
  • Basement Remarks: Full Finished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Sep Heat, Water Connected

Tax Info

  • Tax Annual Amount: 9110.0
  • Tax Block: 01007
  • Tax Lot: 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Jan 5, 2023
Sold by
Kelly Thomas
Bought by
Coelho Fernando H and Coelho Georgia M
Seller's Agent
Shawn Chaconas
Compass New Jersey, LLC-Montclair
Buyer's Agent
Shawn Chaconas
Compass New Jersey, LLC-Montclair
List Price
$785,000
Sold Price
$781,000
Premium/Discount to List
-$4,000
-0.51%
Views
16
Current Estimated Value
$783,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,893
Avg. Annual Appreciation
1.37%
Original Mortgage
$585,750
Outstanding Balance
$568,012
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$241,379

Purchase Details

Closed on
Jan 28, 2014
Sold by
Darocha Maria
Bought by
Darocha Marilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2005
Sold by
Nobre Luis
Bought by
Darocha Marilene and Darocha Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2003
Sold by
Redonda Jose
Bought by
Nobre Luis

Purchase Details

Closed on
Feb 3, 1989
Sold by
Redonda Jose and Redonda Luisa
Bought by
Redonda Jose and Redonda Luisa
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
Coelho Fernando H $781,000 Nuco Title
Darocha Marilene -- --
Darocha Marilene $595,000 --
Nobre Luis $430,000 --
Redonda Jose $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coelho Fernando H $585,750
Previous Owner Kelly Thomas $350,000
Previous Owner Darocha Marilene $273,000
Previous Owner Da Rocha Maria $214,500
Previous Owner Darocha Marilene $240,000
Previous Owner Darocha Marilene $240,000
Previous Owner Nobre Luis $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $781,000 -0.5% --
11/22/2022 11/22/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $785,000 -- --
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 $9,096 $244,000 $82,500 $161,500
2024 $9,096 $244,000 $82,500 $161,500
2022 $9,116 $244,000 $82,500 $161,500
2021 $9,111 $244,000 $82,500 $161,500
2020 $9,272 $244,000 $82,500 $161,500
2019 $9,177 $244,000 $82,500 $161,500
2018 $9,011 $244,000 $82,500 $161,500
2017 $8,686 $244,000 $82,500 $161,500
2016 $8,394 $244,000 $82,500 $161,500
2015 $8,074 $244,000 $82,500 $161,500
2014 $7,566 $244,000 $82,500 $161,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Shawn Chaconas

    Compass New Jersey, LLC-Montclair

    (862) 246-9225

    1 in this area

    34 Total Sales

    Shawn Chaconas
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Map

Source: New Jersey MLS

MLS Number: 22038808

New Jersey MLS

APN: 14-01007-0000-00022

New Jersey Essex County Newark 07105 South Ironbound

98-100 Gotthardt St, Newark, NJ

This home is located at 98-100 Gotthardt St, Newark, NJ 07105 since 26 October 2022 and is currently estimated at $783,893. 98-100 Gotthardt St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Hawkins Street Elementary School, and Oliver Street 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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