by RHP Realty

Check Availability
$599,000
↓ $30K (4.8%)
House - For Sale

243 Adams Street

Newark, NJ 07105
bedrooms
4 Beds
bathrooms
5 Baths
$3,330
Estimated Monthly
$0
HOA / Fees
4.92%
Cap Rate

About This Property

Opportunity knocks, Location, Location, Excellent home for a starter investor or Owner Occupied. New Roof, Sold "AS IS" Commuters Dream, enjoy the great community park. Ironbound is a remarkable neighborhood. Independence Park is like an open Oasis that people of all ages rely on for recreation, relaxation, Exercise, and socialization.
Unit Size
-
Days on Market
81 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
1900
Listed By
CARLOS JESUS
EXIT GOLDEN REALTY GROUP, LLC
Last updated: 12 days ago (NJMLS #24004526)

Price History

Date / Event Date Event Price
Apr 18, 2024 Price Decreased $599,000
↓ $30K (4.8%)
Price Decreased
Feb 8, 2024 Listed by Exit Golden Realty Group, LLC $629,000
Listed by Exit Golden Realty Group, LLC

Property Highlights

Parking Details
None
Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Bathrooms: 5

Room Information

Total Rooms: 8

Fireplace Information

None

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,194
  • Lot Size Depth Feet: 537
  • Lot Size Frontage Feet: 222
  • Total Building Area: 1,792
  • Building Area: 1,792
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,792
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.027

Ownership

  • Current Owner : PASSAFARO MARIA J
  • Previous Owner : NEW GENERATION DEV LLC
  • Is Owner Occupied: unknown

Neighborhood

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

Geography

  • Assessors Map Reference: TAX MAP 90
  • District: 14
  • Parcel: 14 00958-0000-00035
  • Block: 958
  • Lot: 35
  • Municipality: NEWARK CITY
  • Latitude: 40.7243
  • Longitude: -74.1618

    Address

  • Full Address: 243 Adams St
  • Address - House Number: 243
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Newark
  • Carrier Code: C055
  • 4-Digit Zip Code: 2013
  • Zip Code: 07105

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,655

    Appraisal Valuation

  • Standard Deviation: 0.1068
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 89
  • Final Value: 659,427
  • High Value: 729,914
  • Low Value: 588,940

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: ROSELLE BANK
  • First Open Lien Mortgage Recording Date: Apr 16, 2019
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: May 01, 2049

    Market Valuation

  • Market Total Value: $124,600
  • Market Land Value: $44,600
  • Market Improvement Value: $80,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,600
  • Assessed Land Value: $44,600
  • Assessed Improvements Value: $80,000

    Sales

  • Current Sale Contract Date: Nov 26, 2018
  • Current Sale Recording Date: Dec 06, 2018
  • Current Sale Transaction ID: 11608312341
  • Current Sale Price: $205,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2018105262
  • Previous Sale Recording Date: Sep 24, 2014
  • Previous Sale Contract Date: Sep 24, 2014
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Mortgage Transaction Date: Dec 06, 2018
  • First Mortgage Loan Amount: $201,286
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Jan 01, 2048

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
3 Baths
-
$550,000 Feb 5, 2024
$550,000 Feb 5, 2024
$1,292/mo
Multifamily
4 Beds
4 Baths
-
$675,000 Feb 9, 2024
$675,000 Feb 9, 2024
$788/mo
Multifamily
5 Beds
4 Baths
-
$575,000 Nov 14, 2023
$575,000 Nov 14, 2023
$513/mo
Multifamily
9 Beds
3 Baths
-
$750,000 Nov 5, 2023
$750,000 Nov 5, 2023
$685/mo
Multifamily
Stu
-
-
$659,000 Nov 30, -0001
$630,000 Feb 7, 2022
-
Multifamily
Stu
-
-
$580,000 Nov 30, -0001
$515,000 Feb 23, 2023
-
Multifamily
4 Beds
2 Baths
-
$615,000 Jul 9, 2023
-
$1,296/mo
In Contract
Multifamily
4 Beds
-
-
$599,000 Sep 21, 2023
-
-
Multifamily
5 Beds
2 Baths
-
$554,900 Jan 25, 2024
-
$616/mo
Townhouse
3 Beds
4 Baths
-
$510,000 Dec 7, 2023
-
-
Multifamily
7 Beds
4 Baths
-
$649,900 Dec 14, 2023
-
$663/mo
Multifamily
6 Beds
3 Baths
-
$649,999 Sep 14, 2023
-
$1,315/mo

About North Ironbound


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Frequently Asked Questions

When was property at 243 Adams Street built and last sold?
The property at 243 Adams Street was built in 1900 and last sold on Nov 26, 2018 for $205,000.
How much is this home worth?
The estimated value of the home located at 243 Adams Street is $635,290.
What are some comparable homes to 243 Adams Street?
Homes that are comparable to 243 Adams Street include a multifamily property at 74 Elm Street, 396 Chestnut Street, 102 Nichols Street.

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