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259 Clinton Place

259 Clinton Place, Newark, NJ 07112
Property in Weequahic
Sold Jul 18, 2014
Transfer
$122,591 by Jersey Mortgage Co
Mortgage Due Jun 01, 2040
Sold May 14, 2010
$70,000
$122,591 by Jersey Mortgage Co
Mortgage Due Jun 01, 2040
259 Clinton Place in Newark, NJ was first built in 1924 and is 100 years old. This has been categorized as a residential property type. There are a total of 2 floors. 259 Clinton Place has 2,307 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 343 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 3,428 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know 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. Before that, the property was also sold for $70,000 in May 6, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,608 in taxes each year. 259 Clinton Place was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $150,100. If we break it down further, the land itself was valued at $28,500. Improvements to the property, however, were assessed at a total of $121,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,428
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 343
  • Total Building Area: 2,307
  • Building Area: 2,307
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,307
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.079
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HOBSON TERESA
  • Current Owner 2: HOBSON JOHN
  • Owner Before Previous Owner: FDIC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 004400

Geography

  • Assessors Map Reference: TAX MAP 108
  • District: 14
  • Parcel: 14 03048-0000-00008
  • Block: 3048
  • Lot: 8
  • Municipality: NEWARK CITY
  • Latitude: 40.7146
  • Longitude: -74.2135

    Address

  • Full Address: 259 Clinton Pl
  • Address - House Number: 259
  • Address - Street Name: Clinton
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Newark
  • Carrier Code: C055
  • 4-Digit Zip Code: 1567
  • Zip Code: 07112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,608

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 384,403
  • High Value: 466,847
  • Low Value: 301,960

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,591
  • First Open Lien Mortgage Lender: JERSEY MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 14, 2010
  • First Open Lien Mortgage Loan Amount: $122,591
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2040

    Market Valuation

  • Market Total Value: $150,100
  • Market Land Value: $28,500
  • Market Improvement Value: $121,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $150,100
  • Assessed Land Value: $28,500
  • Assessed Improvements Value: $121,600

    Sales

  • Current Sale Contract Date: Jul 18, 2014
  • Current Sale Recording Date: Jul 18, 2014
  • Current Sale Transaction ID: 11551861390
  • Current Sale Document Type: Quit Claim Deed
  • Previous Sale Recording Date: May 14, 2010
  • Previous Sale Contract Date: May 06, 2010
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: JERSEY MORTGAGE CO
  • Previous Mortgage Transaction Date: May 14, 2010
  • Previous Mortgage Loan Amount: $122,591
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2040

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Frequently Asked Questions

What neighborhood is 259 Clinton Place located in?
The 259 Clinton Place is a located in the neighborhood of Weequahic in Weequahic, Newark.
What is the average sales price for listings in 259 Clinton Place?
The average sales price for units in 259 Clinton Place is $0 currently.

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