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233 Newark Avenue

233 Newark Avenue, Bloomfield, NJ 07003
Multifamily in Essex
3 Units For Sale
Unit for sale at 233 Newark Avenue, Bloomfield, NJ 07003

$649,000

  • 7 Beds
  • 3 Baths
233 Newark Avenue, Bloomfield, NJ 07003 Listing by Bishoy Megalla

Unit for sale at 233 Newark Avenue, Bloomfield, NJ 07003

$649,000

  • 7 Beds
  • 3 Baths
233 Newark Avenue, Bloomfield, NJ 07003 Listing by Bishoy Megalla

Unit for sale at 233 Newark Avenue, Bloomfield, NJ 07003

$649,000 In Contract

  • 7 Beds
  • 3 Baths
233 Newark Avenue, Bloomfield, NJ 07003 Listing by Bishoy Megalla

233 Newark Avenue has been categorized by the local assessors in Bloomfield, NJ as a residential type of property. The building on the property was first built in 1916 and is 108 years old. The building has a total of 3 stories. In addition, 233 Newark Avenue has 2,473 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,680 ft and across the front of the lot is 300 ft. The area measurement of the land has been determined as 5,040 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Dec 20, 2023 for $675,000. That's $240.47 per sqft. Prior to that sales transaction, the property was also sold in Oct 2, 2020 for $475,000. 233 Newark Avenue was last assessed in 2022. The total value of the property was assessed at $440,800. Specifically, the land the property is located on was valued at $97,400. While improvements on the property were assessed at a total of $343,400. 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 $14,114. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

Building Features

Exterior

Vinyl Siding

Parking

Detached Garage
Open Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191106
11/06/2019
7 Bed
4 Bath
-
$499,000
bedrooms
7 Bed
bathrooms
4 Bath
$475,000 -4.81%
11/02/2020
BISHOY MEGALLA

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • Bedroom Count: 0
  • Building Style: Triplex
  • Floor Count: 3
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,040
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,807
  • Gross Building Area: 2,807
  • Building Area: 2,807
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,473
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.116
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : NAKHLA JAN FAKHRY SAAD
  • Current Owner 2: AWAD MARO HALIM
  • Previous Owner : ANDRIULL CRAIG
  • Previous Owner 2: KARVELLAS MICHAEL
  • Owner Before Previous Owner: GARCIA CELESTE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bloomfield Township School District
  • Census Tract: 015500

Zoning

  • Zoning: R-1B

Geography

  • Assessors Map Reference: TAX MAP 13
  • District: 02
  • Parcel: 02 00305-0000-00017
  • Block: 305
  • Lot: 17
  • Municipality: BLOOMFIELD TWP
  • Latitude: 40.7895
  • Longitude: -74.1922

    Address

  • Full Address: 233 Newark Ave
  • Address - House Number: 233
  • Address - Street Name: Newark
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Bloomfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 5068
  • Zip Code: 07003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,114

    Appraisal Valuation

  • Standard Deviation: 0.1058
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 89
  • Final Value: 665,465
  • High Value: 735,936
  • Low Value: 594,994

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $405,000
  • First Open Lien Mortgage Lender: CHAMPIONS FUNDING, LLC
  • First Open Lien Mortgage Recording Date: Feb 28, 2024
  • First Open Lien Mortgage Loan Amount: $405,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 28, 2054

    Market Valuation

  • Market Total Value: $440,800
  • Market Land Value: $97,400
  • Market Improvement Value: $343,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $440,800
  • Assessed Land Value: $97,400
  • Assessed Improvements Value: $343,400

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Feb 28, 2024
  • Current Sale Transaction ID: 11922454591
  • Current Sale Price: $675,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11484
  • Previous Sale Recording Date: Nov 02, 2020
  • Previous Sale Contract Date: Oct 02, 2020
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHAMPIONS FUNDING, LLC
  • First Mortgage Transaction Date: Feb 28, 2024
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: BOND STREET MORTGAGE LLC
  • Previous Mortgage Transaction Date: Nov 02, 2020
  • Previous Mortgage Loan Amount: $356,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 233 Newark Avenue located in?
The 233 Newark Avenue is a multifamily located in the neighborhood of Essex in Essex, Bloomfield.
How many listings are currently for sale in 233 Newark Avenue?
233 Newark Avenue has a total of zero units in the building. There are three units for sale right now.
What is the average sales price for listings in 233 Newark Avenue?
The average sales price for units in 233 Newark Avenue is $499,000 currently.

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