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297 West Runyon Street

297 West Runyon Street, Newark, NJ 07108
Multifamily in Upper Clinton Hill
Sold Mar 12, 2021
$281,000
$270,019 by Caliber Home Loans Inc
Mortgage Due Apr 01, 2051
Sold Aug 16, 2016
$34,000
$34,000
Mortgage
297 West Runyon Street in Newark, NJ was first built in 1897 and is 127 years old. This has been categorized as a residential property type. There are a total of 3 floors. 297 West Runyon Street has 2,008 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 250 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 3,624 square feet.

Learn more about the property and building on this page. 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. According to our sources, 297 West Runyon Street sold most recently in Feb 22, 2021 for a total of $281,000. If you work out the math, that's approximately a cost of $139.94 per sqft. Before that, the property was also sold for $34,000 in Jul 14, 2016. 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 $8,574 in taxes each year. The initial year of tax delinquency occurred in 2017. 297 West Runyon Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $229,500. If we break it down further, the land itself was valued at $36,300. Improvements to the property, however, were assessed at a total of $193,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

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

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,624
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,008
  • Building Area: 2,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.083
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MILAN PENELOPE G
  • Previous Owner : GJONI ILIR
  • Previous Owner 2: GJONI GENCIAN
  • Owner Before Previous Owner: AYZENBERG ALEKSANDR
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 005300

Geography

  • Assessors Map Reference: TAX MAP 103
  • District: 14
  • Parcel: 14 03035-0000-00028
  • Block: 3035
  • Lot: 28
  • Municipality: NEWARK CITY
  • Latitude: 40.7197
  • Longitude: -74.2088

    Address

  • Full Address: 297 W Runyon St
  • Address - House Number: 297
  • Street Direction: W
  • Address - Street Name: Runyon
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Newark
  • Carrier Code: C019
  • 4-Digit Zip Code: 1425
  • Zip Code: 07108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,574
  • Intital Tax Deliquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.1894
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 62
  • Final Value: 440,173
  • High Value: 523,546
  • Low Value: 356,799

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,019
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Mar 12, 2021
  • First Open Lien Mortgage Loan Amount: $270,019
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $229,500
  • Market Land Value: $36,300
  • Market Improvement Value: $193,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $229,500
  • Assessed Land Value: $36,300
  • Assessed Improvements Value: $193,200

    Sales

  • Current Sale Contract Date: Feb 22, 2021
  • Current Sale Recording Date: Mar 12, 2021
  • Current Sale Transaction ID: 11827737077
  • Current Sale Price: $281,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021030701
  • Previous Sale Recording Date: Aug 16, 2016
  • Previous Sale Contract Date: Jul 14, 2016
  • Previous Sale Amount: $34,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Mar 12, 2021
  • First Mortgage Loan Amount: $270,019
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Transaction Date: Aug 16, 2016
  • Previous Mortgage Loan Amount: $34,000
  • Previous Mortgage Term: 360

About Upper Clinton Hill



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Frequently Asked Questions

What neighborhood is 297 West Runyon Street located in?
The 297 West Runyon Street is a multifamily located in the neighborhood of Upper Clinton Hill in Upper Clinton Hill, Newark.
What is the average sales price for listings in 297 West Runyon Street?
The average sales price for units in 297 West Runyon Street is $300,000 , or $149/sqft. currently.

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