by RHP Realty

Check Availability
$199,000
House - For Sale

28 Schuyler Avenue

Newark, NJ 07112
bedrooms
2 Beds
bathrooms
1 Bath
$1,335
Estimated Monthly
$0
HOA / Fees
9.91%
Cap Rate

About This Property

Investor special! Home is in need of extensive and full renovation. Originally configured as a 2 bedroom, 1 bathroom home that is ready for your remodeling. Please note this is a lender owned, foreclosed property and renovations are not yet complete. The seller makes no representations about the home and the home is being sold AS-IS. This property does not qualify for conventional or FHA loans. It is assumed there is an oil tank located underground in the front yard. All offers must be cash offers or hard money loans. Buyer is responsible for performing all due diligence and obtaining surveys and C/O if needed.
Unit Size
-
Days on Market
18 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1919
Listed By
CHRISTOPHER RASSAM
KELLER WILLIAMS CITY LIFE REALTY
Last updated: 14 days ago (NJMLS #24011272)

Price History

Date / Event Date Event Price
Apr 12, 2024 Listed by KELLER WILLIAMS CITY LIFE REALTY $199,000
Listed by KELLER WILLIAMS CITY LIFE REALTY
Investor special! Home is in need of extensive and full renovation. Originally configured as a 2 bedroom, 1 bathroom home that is ready for your remodeling. Please note this is a lender owned, foreclosed property and renovations are not yet complete. The seller makes no representations about the home and the home is being sold AS-IS. This property does not qualify for conventional or FHA loans. It is assumed there is an oil tank located underground in the front yard. All offers must be…
Aug 23, 2023 In contract -
In contract
May 16, 2023 Price Decreased $279,900
↓ $20K (6.7%)
Price Decreased
Feb 24, 2023 Listed by eXp Realty, LLC $299,900
Listed by eXp Realty, LLC
Property needs a full renovation, Extension with approvals are available. Real Estate investors this one is for you. Cash or Renovation loans are welcome!
Mar 25, 2022 Sold $215,000
Sold

Property Highlights

Fireplace
Parking Details
None
Interior Details

Bedroom Information

Bedrooms: 2

Bathroom Information

Bathrooms: 1

Room Information

Total Rooms: 3

Fireplace Information

1 Fireplace

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,498
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,222
  • Building Area: 1,222
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,222
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.08

Ownership

  • Current Owner : LEXINGTON RML MF RC REO 3 LLC
  • Current Owner 2: LOAN FUNDER LLC SERIES 33863
  • Previous Owner : ESSEX COUNTY SHERIFF
  • Owner Before Previous Owner: LEHMAN XS TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 005100

Geography

  • Assessors Map Reference: TAX MAP 110
  • District: 14
  • Parcel: 14 03613-0000-00015
  • Block: 3613
  • Lot: 15
  • Municipality: NEWARK CITY
  • Latitude: 40.7167
  • Longitude: -74.2088

    Address

  • Full Address: 28 Schuyler Ave
  • Address - House Number: 28
  • Address - Street Name: Schuyler
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Newark
  • Carrier Code: C036
  • 4-Digit Zip Code: 1620
  • Zip Code: 07112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,293

    Appraisal Valuation

  • Standard Deviation: 0.1058
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 89
  • Final Value: 271,100
  • High Value: 299,809
  • Low Value: 242,391

    Market Valuation

  • Market Total Value: $114,900
  • Market Land Value: $22,500
  • Market Improvement Value: $92,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $114,900
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $92,400

    Sales

  • Current Sale Contract Date: Dec 12, 2023
  • Current Sale Recording Date: Mar 04, 2024
  • Current Sale Transaction ID: 11922636649
  • Current Sale Price: $230,614
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 12670
  • Previous Sale Recording Date: Mar 25, 2022
  • Previous Sale Contract Date: Feb 17, 2022
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: ICON REALTY CAPITAL LLC
  • Previous Mortgage Transaction Date: Mar 25, 2022
  • Previous Mortgage Loan Amount: $307,129
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
-
$209,880 Nov 30, -0001
$215,000 Mar 18, 2022
-
House
4 Beds
1 Bath
-
$220,000 Feb 15, 2023
$220,000 May 8, 2023
$492/mo
Land
Loft
-
-
$189,000 Nov 30, -0001
$162,500 Mar 23, 2022
-
House
2 Beds
1 Bath
-
$197,900 Mar 19, 2024
-
$176/mo
House
3 Beds
1 Bath
-
$225,000 Mar 25, 2024
-
-

About Upper Clinton Hill


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Frequently Asked Questions

When was property at 28 Schuyler Avenue built and last sold?
The property at 28 Schuyler Avenue was built in 1919 and last sold on Dec 12, 2023 for $230,614.
How much is this home worth?
The estimated value of the home located at 28 Schuyler Avenue is $200,990.
What are some comparable homes to 28 Schuyler Avenue?
Homes that are comparable to 28 Schuyler Avenue include a house property at 39 Wolcott Terrace, 28 Schuyler Avenue, 175 Renner Avenue.

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