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276 Lehigh Avenue

276 Lehigh Avenue, Newark, NJ 07112
Multifamily in Weequahic
Sold Jun 11, 2020
$330,000
$309,200 by Bank Of America Na
Mortgage Due Jun 01, 2050
Sold May 24, 2018
$227,000
$222,888 by Eagle Home Mortgage Corp.
Mortgage Due Jun 01, 2047
276 Lehigh Avenue 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 1925 and is 99 years old. The building has a total of 3 stories. In addition, 276 Lehigh Avenue has 2,282 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 1,000 ft and across the front of the lot is 330 ft. The area measurement of the land has been determined as 3,302 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. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 276 Lehigh Avenue was last sold in May 18, 2020 for $330,000. According to our calculations, that's $144.61 per sqft. Prior to that sales transaction, the property was sold for $227,000 in May 7, 2018. Current property owners are expected to pay $9,695 in taxes per year. The property on 276 Lehigh Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $259,500. To break that down further, the land itself was valued at $28,300. While improvements to the property were assessed at a total of $231,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,302
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 330
  • Total Building Area: 2,282
  • Building Area: 2,282
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,282
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.076
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HOOPER TRACY
  • Previous Owner : FOLKS THOMALIA
  • Owner Before Previous Owner: EBB LITLETON PROPERTIES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 004600

Geography

  • Assessors Map Reference: TAX MAP 108
  • District: 14
  • Parcel: 14 03632-0000-00040
  • Block: 3632
  • Lot: 40
  • Municipality: NEWARK CITY
  • Latitude: 40.712
  • Longitude: -74.2147

    Address

  • Full Address: 276 Lehigh Ave
  • Address - House Number: 276
  • Address - Street Name: Lehigh
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Newark
  • Carrier Code: C052
  • 4-Digit Zip Code: 1851
  • Zip Code: 07112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,695

    Appraisal Valuation

  • Standard Deviation: 0.2476
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 65
  • Final Value: 517,176
  • High Value: 645,264
  • Low Value: 389,088

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $309,200
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 11, 2020
  • First Open Lien Mortgage Loan Amount: $309,200
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $259,500
  • Market Land Value: $28,300
  • Market Improvement Value: $231,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $259,500
  • Assessed Land Value: $28,300
  • Assessed Improvements Value: $231,200

    Sales

  • Current Sale Contract Date: May 18, 2020
  • Current Sale Recording Date: Jun 11, 2020
  • Current Sale Transaction ID: 11769657784
  • Current Sale Price: $330,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020055203
  • Previous Sale Recording Date: May 24, 2018
  • Previous Sale Contract Date: May 07, 2018
  • Previous Sale Amount: $227,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 11, 2020
  • First Mortgage Loan Amount: $309,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: EAGLE HOME MORTGAGE CORP.
  • Previous Mortgage Transaction Date: May 24, 2018
  • Previous Mortgage Loan Amount: $222,888
  • Previous Mortgage Term: 348
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2047

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Frequently Asked Questions

What neighborhood is 276 Lehigh Avenue located in?
The 276 Lehigh Avenue is a multifamily located in the neighborhood of Weequahic in Weequahic, Newark.
What is the average sales price for listings in 276 Lehigh Avenue?
The average sales price for units in 276 Lehigh Avenue is $0 currently.

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