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302 New York Avenue

302 New York Avenue, Newark, NJ 07105
Property in North Ironbound
1 Units For Sale
Unit for sale at 302 New York Avenue, Newark, NJ 07105

$899,000

  • 8 Beds
  • 4 Baths
302 New York Avenue, Newark, NJ 07105 Listing by Silvia Lituma

Local assessors in Newark, NJ have categorized 302 New York Avenue as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 2,500 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 250 ft. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 302 New York Avenue has a total of 3,008 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 302 New York Avenue sold most recently in Dec 18, 2013 for a total of $180,000. If you work out the math, that's approximately a cost of $59.84 per sqft. Before that, the property was also sold for $180,000 in Dec 18, 2013. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $9,030 in taxes each year. 302 New York Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $241,700. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $166,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Parking

No Parking
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,008
  • Building Area: 3,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TORRES CRESPO LUIS
  • Previous Owner : RAMIREZ RENE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 007100

Geography

  • Assessors Map Reference: TAX MAP 91
  • District: 14
  • Parcel: 14 00987-0000-00014
  • Block: 987
  • Lot: 14
  • Municipality: NEWARK CITY
  • Latitude: 40.7241
  • Longitude: -74.1565

    Address

  • Full Address: 302 New York Ave
  • Address - House Number: 302
  • Address - Street Name: New York
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Newark
  • Carrier Code: C052
  • 4-Digit Zip Code: 5687
  • Zip Code: 07105

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,030

    Appraisal Valuation

  • Standard Deviation: 0.2581
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 665,439
  • High Value: 837,206
  • Low Value: 493,671

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $88,524
  • First Open Lien Mortgage Lender: CITY OF NEWARK
  • First Open Lien Mortgage Recording Date: Apr 28, 2022
  • First Open Lien Mortgage Loan Amount: $15,000
  • 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: Apr 28, 2052
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: May 10, 2022
  • Second Open Lien Mortgage Loan Amount: $73,524
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $241,700
  • Market Land Value: $75,000
  • Market Improvement Value: $166,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $241,700
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $166,700

    Sales

  • Current Sale Contract Date: Dec 18, 2013
  • Current Sale Recording Date: Dec 26, 2013
  • Current Sale Transaction ID: 11551848006
  • Current Sale Price: $180,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 18, 2013
  • Previous Sale Contract Date: Dec 18, 2013
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Quit Claim Deed

About North Ironbound




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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 302 New York Avenue located in?
The 302 New York Avenue is a located in the neighborhood of North Ironbound in North Ironbound, Newark.
How many listings are currently for sale in 302 New York Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 302 New York Avenue?
The average sales price for units in 302 New York Avenue is $899,000 currently.

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