Check Availability

216 Chestnut Street

216 Chestnut Street, Newark, NJ 07105
Multifamily in North Ironbound
Local assessors in Newark, NJ have categorized 216 Chestnut Street as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 3,093 square feet. The linear feet between the front and back of the lot was measured at 1,031 ft and the front of the lot was measured at 300 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 216 Chestnut Street has a total of 1,836 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The property was last sold in Jan 8, 2020 for $475,500. That's $258.99 per sqft. Prior to that sales transaction, the property was also sold in Jul 28, 1983 for $77,000. 216 Chestnut Street was last assessed in 2022. The total value of the property was assessed at $386,200. Specifically, the land the property is located on was valued at $68,900. While improvements on the property were assessed at a total of $317,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $14,428. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190923
09/23/2019
4 Bed
4 Bath
-
$539,000
bedrooms
4 Bed
bathrooms
4 Bath
$475,500 -11.78%
01/24/2020
GISSEL CALZADILLA

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,093
  • Lot Size Depth Feet: 1,031
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,836
  • Building Area: 1,836
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,836
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LI XIANG Y
  • Previous Owner : SANTOS ALBERT T
  • Previous Owner 2: SANTOS BLANDINA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 006900

Geography

  • Assessors Map Reference: TAX MAP 90
  • District: 14
  • Parcel: 14 00947-0000-00057
  • Block: 947
  • Lot: 57
  • Municipality: NEWARK CITY
  • Latitude: 40.7239
  • Longitude: -74.1664

    Address

  • Full Address: 216 Chestnut St
  • Address - House Number: 216
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Newark
  • Carrier Code: C057
  • 4-Digit Zip Code: 1565
  • Zip Code: 07105

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,428

    Appraisal Valuation

  • Standard Deviation: 0.2333
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 67
  • Final Value: 770,900
  • High Value: 950,761
  • Low Value: 591,040

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $325,500
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Jan 24, 2020
  • First Open Lien Mortgage Loan Amount: $325,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $386,200
  • Market Land Value: $68,900
  • Market Improvement Value: $317,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $386,200
  • Assessed Land Value: $68,900
  • Assessed Improvements Value: $317,300

    Sales

  • Current Sale Contract Date: Jan 08, 2020
  • Current Sale Recording Date: Jan 24, 2020
  • Current Sale Transaction ID: 11735327574
  • Current Sale Price: $475,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020008946
  • Previous Sale Recording Date: Jul 28, 1983
  • Previous Sale Contract Date: Jul 28, 1983
  • Previous Sale Amount: $77,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Jan 24, 2020
  • First Mortgage Loan Amount: $325,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About North Ironbound



Similar Buildings

Multifamily at 216 Chestnut Street,

168 Mc Whorter Street

  • 1 Unit for Sale
  • 1 Story
168 Mc Whorter Street, Newark, NJ 07105
Multifamily at 216 Chestnut Street,

102 Nichols Street

  • 1 Unit for Sale
  • 2 Stories
102 Nichols Street, Newark, NJ 07105
Multifamily at 216 Chestnut Street,

63 Garden Street

  • 1 Unit for Sale
  • 3 Stories
63 Garden Street, Newark, NJ 07105
Multifamily at 216 Chestnut Street,

243 Adams Street

  • 1 Unit for Sale
  • 2 Stories
243 Adams Street, Newark, NJ 07105
Multifamily at 216 Chestnut Street,

109 Warwick Street

  • 1 Unit for Sale
  • 2 Stories
109 Warwick Street, Newark, NJ 07105
Multifamily at 216 Chestnut Street,

114 Mc Whorter Street

  • 1 Unit for Sale
  • 3 Stories
114 Mc Whorter Street, Newark, NJ 07105
Multifamily at 216 Chestnut Street,

108 Mc Whorter Street

  • 1 Unit for Sale
  • 2 Stories
108 Mc Whorter Street, Newark, NJ 07105
Multifamily at 216 Chestnut Street,

87 Union Street

  • 1 Unit for Sale
  • 2 Stories
87 Union Street, Newark, NJ 07105
Multifamily at 216 Chestnut Street,

74 Union Street

  • 1 Unit for Sale
74 Union Street, Newark, NJ 07105

Nearby Rentals

Unit for rent at 237 Peshine Ave, Newark City, NJ, 07108

$2,700 /mo

  • 4 Beds
  • 1 Bath
237 Peshine Ave, Newark City, NJ, 07108 Listing by SHARONDA SCOTT
Unit for rent at 119 Patterson Street, Harrison, NJ, 07029

$2,500 /mo

  • 2 Beds
  • 1 Bath
119 Patterson Street #1, Harrison, NJ, 07029 Listing by Dinara Sammartino
Unit for rent at 274 Lafayette St, Newark City, NJ, 07105

$2,850 /mo

  • Studio
274 Lafayette St #310, Newark City, NJ, 07105 Listing by TONI ANN GONCALVES
Unit for rent at 54 Mcwhorter St, Newark City, NJ, 07105

$2,300 /mo

  • 1 Bed
  • 1 Bath
54 Mcwhorter St #307, Newark City, NJ, 07105 Listing by NAIMIE MARIE LUNDI
Unit for rent at 9 South St, Newark City, NJ, 07102

$1,800 /mo

  • 2 Beds
  • 1 Bath
9 South St #3, Newark City, NJ, 07102 Listing by NEIDE PAGOTO
Unit for rent at 24 Marne St, Newark City, NJ, 07105

$3,000 /mo

  • 3 Beds
  • 2 Baths
24 Marne St, Newark City, NJ, 07105 Listing by AUGUSTO VERISSIMO
Unit for rent at 1100 South 5th Street, Harrison, NJ 07029

$2,490 /mo

  • Studio
  • 1 Bath
  • 514 ft²
1100 South 5th Street #335, Harrison, NJ 07029 Listing by Kevin Oliveira

Frequently Asked Questions

What neighborhood is 216 Chestnut Street located in?
The 216 Chestnut Street is a multifamily located in the neighborhood of North Ironbound in North Ironbound, Newark.
What is the average sales price for listings in 216 Chestnut Street?
The average sales price for units in 216 Chestnut Street is $539,000 currently.

Quantcast