NOT LISTED FOR SALE

345 Irvine Turner Blvd Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $513,674 - $715,000

7 Beds
3 Baths
-- Sq Ft
3,720 Sq Ft Lot

Last Sold January 03, 2024

Last sale price $650,000

Est. 4% decrease in value since last sale

Current estimated payment $3,950/month

566 Days on Market

About This Home

As of January 2024

Solid three family fully renovated investment property. Great units with the opportunity for maximum rent roll. Currently all offers will need to be sight unseen until tenant cooperation. We're currently working to have a schedule for showings. Please do not disturb the tenants at all. Accessibiliy to major highway within minutes. Thank you.

Last Listed By

Keishonda McClendon

Coldwell Banker, Alpine/Closter Listed on: 06/01/2022

Coldwell Banker, Alpine/Closter

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,400

Lot Details

  • 3,720 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00037 / 02666

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,400

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-767-0550
  • MLS Status: Sold - Sold
  • Directions: Avon to Irvine
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Renovated
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7

Exterior Features

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

Utilities

  • Utilities: Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 3720.0

Tax Info

  • Tax Annual Amount: 5400.0
  • Tax Block: 02666
  • Tax Lot: 00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Dec 18, 2023
Sold by
Reid Marilyn
Bought by
Nicholas Troy
Seller's Agent
Keishonda McClendon
Coldwell Banker, Alpine/Closter
Buyer's Agent
Keishonda McClendon
Coldwell Banker, Alpine/Closter
List Price
$595,000
Sold Price
$650,000
Premium/Discount to List
$55,000
9.24%
Total Days on Market
566
Views
33
Current Estimated Value
$627,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,831
Avg. Annual Appreciation
-2.67%
Original Mortgage
$638,226
Outstanding Balance
$630,715
Interest Rate
7.44%
Mortgage Type
Construction
Estimated Equity
-$3,546

Purchase Details

Listed on
Nov 24, 2015
Closed on
May 3, 2016
Sold by
345 Irvine Llc
Bought by
Reid Marilyn
Seller's Agent
PAMELA RODRIGUES
ALIGN RIGHT REALTY HOMEKEY
Buyer's Agent
PAMELA RODRIGUES
ALIGN RIGHT REALTY HOMEKEY
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%
Original Mortgage
$324,022
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2015
Sold by
Etown Investments Llc
Bought by
345 Irvine Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,900
Interest Rate
3.78%
Mortgage Type
Unknown

Purchase Details

Closed on
May 5, 2014
Sold by
Etown Investments Llc
Bought by
Etown Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.26%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 16, 2014
Sold by
Grace Reformed Baptisit Church Inc
Bought by
Cap Nj Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.26%
Mortgage Type
Construction

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
Nicholas Troy $650,000 None Listed On Document
Reid Marilyn $330,000 Greater Nj Title Agency
345 Irvine Llc $140,000 Fidelity National Title
Etown Investments Llc -- None Available
Cap Nj Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholas Troy $56,353
Open Nicholas Troy $638,226
Previous Owner Reid Marilyn $15,753
Previous Owner Reid Marilyn $78,766
Previous Owner Reid Marilyn $324,022
Previous Owner Newark Developers Llc $5,700
Previous Owner 345 Irvine Llc $16,900
Previous Owner 345 Irvine Llc $16,900
Previous Owner Etown Investments Llc $350,000
Closed Cap Nj Homes Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $650,000 +9.2% --
12/19/2023 12/19/23 Pending -- -- --
04/16/2023 04/16/23 For Sale $595,000 0.0% --
02/24/2023 02/24/23 Pending -- -- --
07/06/2022 07/06/22 For Sale $595,000 -8.5% --
06/21/2022 06/21/22 Off Market $650,000 -- --
06/01/2022 06/01/22 For Sale $595,000 +80.3% --
05/04/2016 05/04/16 Sold $330,000 -5.7% --
02/05/2016 02/05/16 Pending -- -- --
11/24/2015 11/24/15 For Sale $350,000 -- --
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 $5,391 $144,600 $20,800 $123,800
2022 $5,402 $144,600 $20,800 $123,800
2021 $5,399 $144,600 $20,800 $123,800
2020 $5,495 $144,600 $20,800 $123,800
2019 $5,438 $144,600 $20,800 $123,800
2018 $5,340 $144,600 $20,800 $123,800
2017 $5,148 $144,600 $20,800 $123,800
2016 $4,974 $144,600 $20,800 $123,800
2015 $4,785 $144,600 $20,800 $123,800
2014 $4,831 $155,800 $20,800 $135,000
Source: Public Records

Agents Affiliated with this Home

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Source: New Jersey MLS

MLS Number: 22019610

New Jersey MLS

APN: 14-02666-0000-00037