78 Willoughby St Newark, NJ 07112
Weequahic NeighborhoodEstimated payment $4,089/month
Highlights
- 1 Car Detached Garage
- Forced Air Heating and Cooling System
- 5-minute walk to Saint Peters Park
- Multiple cooling system units
About This Home
Welcome Home! This multiunit property has 2 large size 2 bedroom apartments. Both units are fully renovated with separate central air systems for each. The units have very tall ceilings, very large bedrooms, living room, eat in kitchen, pantry, and full bathroom. The rear of the home has a brand new garage ready to store all your toys, equipment, or use for entertaining in the backyard. The home itself is recently renovated, has a BRAND NEW roof, and multiple updates throughout to make this home ready for its new owner to take it and enjoy it from day one! The proximity to Newark internation airport makes this home perfectly located for when you want to take that perfect getaway to a beach island vacation. There are plenty of access to recreation, shopping, schools and universities, and easy access routes to NYC including public transportation buses and trains. Perfect for the investor looking to place new tenants at market rates for passive income or the owner occupant looking to have the second unit help pay for the home! Schedule a tour today and place your offer on this home before someone else does! Easy to schedule.
Listing Agent
REALTY ONE GROUP LIFESTYLE HOMES Brokerage Phone: 908-838-2945 Listed on: 05/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,336
Year Built
- Built in 1912 | Remodeled
Parking
- 1 Car Detached Garage
- Shared Driveway
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Multiple Heating Units
- Standard Electricity
Additional Features
- Basement Fills Entire Space Under The House
- 2,614 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 1614-03051-0000-00046-0000-
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,337 | $280,000 | $26,300 | $253,700 |
| 2024 | $11,113 | $298,100 | $26,300 | $271,800 |
| 2022 | $7,259 | $194,300 | $26,300 | $168,000 |
| 2021 | $2,774 | $74,300 | $26,300 | $48,000 |
| 2020 | $1,395 | $74,300 | $26,300 | $48,000 |
| 2019 | $2,722 | $74,300 | $26,300 | $48,000 |
| 2018 | $2,744 | $74,300 | $26,300 | $48,000 |
| 2017 | $2,645 | $74,300 | $26,300 | $48,000 |
| 2016 | $2,556 | $74,300 | $26,300 | $48,000 |
| 2015 | $2,459 | $74,300 | $26,300 | $48,000 |
| 2014 | $2,304 | $74,300 | $26,300 | $48,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/27/2026 03/27/26 | Pending | -- | -- | -- | |
| 11/18/2025 11/18/25 | Price Changed | $589,000 | -1.8% | -- | |
| 07/05/2025 07/05/25 | Price Changed | $599,999 | -4.0% | -- | |
| 05/28/2025 05/28/25 | For Sale | $625,000 | +38.9% | -- | |
| 06/17/2022 06/17/22 | Sold | $450,000 | 0.0% | $231 / Sq Ft | View Prior Sale |
| 05/31/2022 05/31/22 | Off Market | $450,000 | -- | -- | |
| 02/07/2022 02/07/22 | For Sale | $405,000 | -- | $208 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $450,000 | Ats Title | |
| Deed | $250,000 | Equity Settlement Svcs Inc | |
| Deed | -- | None Available | |
| Quit Claim Deed | $423,759 | Fortune Title Agency Inc | |
| Deed | $30,000 | Fortune Title Agency Inc | |
| Sheriffs Deed | -- | None Available | |
| Bargain Sale Deed | $390,000 | First American Title Ins Co | |
| Deed | $205,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $441,849 | FHA | |
| Previous Owner | $218,700 | Construction | |
| Previous Owner | $370,500 | Unknown | |
| Previous Owner | $164,000 | No Value Available |
Source: Garden State MLS
MLS Number: 3971238
APN: 14-03051-0000-00046
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Ask me questions while you tour the home.