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24 Webster Street

24 Webster Street, Newark, NJ 07104
Multifamily in Seventh Avenue
Sold Nov 01, 2021
$230,000
Sold Apr 12, 2021
$180,000
24 Webster Street has been categorized by the local assessors in Newark, NJ as a residential type of property. The building on the property was first built in 1867 and is 157 years old. The building has a total of 3 stories. In addition, 24 Webster Street has 1,830 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 790 ft and across the front of the lot is 150 ft. The area measurement of the land has been determined as 1,185 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 24 Webster Street sold most recently in Oct 22, 2021 for a total of $230,000. If you work out the math, that's approximately a cost of $125.68 per sqft. Before that, the property was also sold for $180,000 in Mar 25, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,254 in taxes each year. 24 Webster Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $87,100. If we break it down further, the land itself was valued at $16,000. Improvements to the property, however, were assessed at a total of $71,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1867
  • Effective Year Built: 1867
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,185
  • Lot Size Depth Feet: 790
  • Lot Size Frontage Feet: 150
  • Total Building Area: 1,830
  • Building Area: 1,830
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,830
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.027
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NEWARK WEBSTER LLC
  • Previous Owner : PDOT POWERS LLC
  • Owner Before Previous Owner: MK ASSETS WEBSTER LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 008800

Geography

  • Assessors Map Reference: TAX MAP 28
  • District: 14
  • Parcel: 14 00482-0000-00053
  • Block: 482
  • Lot: 53
  • Municipality: NEWARK CITY
  • Latitude: 40.7535
  • Longitude: -74.1713

    Address

  • Full Address: 24 Webster St
  • Address - House Number: 24
  • Address - Street Name: Webster
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Newark
  • Carrier Code: C029
  • 4-Digit Zip Code: 4838
  • Zip Code: 07104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,254

    Appraisal Valuation

  • Standard Deviation: 0.1894
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 62
  • Final Value: 356,713
  • High Value: 424,278
  • Low Value: 289,147

    Market Valuation

  • Market Total Value: $87,100
  • Market Land Value: $16,000
  • Market Improvement Value: $71,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,100
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $71,100

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Transaction ID: 11865708629
  • Current Sale Price: $230,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021130901
  • Previous Sale Recording Date: Apr 12, 2021
  • Previous Sale Contract Date: Mar 25, 2021
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Deed

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Frequently Asked Questions

What neighborhood is 24 Webster Street located in?
The 24 Webster Street is a multifamily located in the neighborhood of Seventh Avenue in Seventh Avenue, Newark.
What is the average sales price for listings in 24 Webster Street?
The average sales price for units in 24 Webster Street is $0 currently.

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