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32 Nichols Street

32 Nichols Street, Newark, NJ 07105
Multifamily in North Ironbound
Local assessors in Newark, NJ have categorized 32 Nichols Street as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 2,126 square feet. The linear feet between the front and back of the lot was measured at 850 ft and the front of the lot was measured at 250 ft. This is a 2 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 32 Nichols Street has a total of 2,405 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. The property was last sold in Jul 26, 2020 for $507,000. That's $210.81 per sqft. Prior to that sales transaction, the property was also sold in Dec 7, 2012 for $300,000. 32 Nichols Street was last assessed in 2022. The total value of the property was assessed at $337,500. Specifically, the land the property is located on was valued at $70,500. While improvements on the property were assessed at a total of $267,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $12,609. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200309
03/09/2020
6 Bed
3 Bath
-
$499,900
bedrooms
6 Bed
bathrooms
3 Bath
$507,000 +1.42%
08/06/2020
BRENDAN DASILVA

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,126
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,405
  • Building Area: 2,405
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,405
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.049
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : YUMBLA GILBER R ROMERO
  • Previous Owner : INFANTE JUNIOR
  • Previous Owner 2: INFANTE JANISSE
  • Owner Before Previous Owner: ARANJO ELIZABETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 007800

Geography

  • Assessors Map Reference: TAX MAP 90
  • District: 14
  • Parcel: 14 00945-0000-00027
  • Block: 945
  • Lot: 27
  • Municipality: NEWARK CITY
  • Latitude: 40.7252
  • Longitude: -74.1651

    Address

  • Full Address: 32 Nichols St
  • Address - House Number: 32
  • Address - Street Name: Nichols
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Newark
  • Carrier Code: C055
  • 4-Digit Zip Code: 1610
  • Zip Code: 07105

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,609

    Appraisal Valuation

  • Standard Deviation: 0.2256
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 68
  • Final Value: 672,693
  • High Value: 824,493
  • Low Value: 520,893

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $497,816
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 06, 2020
  • First Open Lien Mortgage Loan Amount: $497,816
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $337,500
  • Market Land Value: $70,500
  • Market Improvement Value: $267,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $337,500
  • Assessed Land Value: $70,500
  • Assessed Improvements Value: $267,000

    Sales

  • Current Sale Contract Date: Jul 26, 2020
  • Current Sale Recording Date: Aug 06, 2020
  • Current Sale Transaction ID: 11786488819
  • Current Sale Price: $507,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020074917
  • Previous Sale Recording Date: Feb 04, 2013
  • Previous Sale Contract Date: Dec 07, 2012
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Aug 06, 2020
  • First Mortgage Loan Amount: $497,816
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: EQUITY LOANS LLC
  • Previous Mortgage Transaction Date: Feb 04, 2013
  • Previous Mortgage Loan Amount: $294,566
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2043

About North Ironbound



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Frequently Asked Questions

What neighborhood is 32 Nichols Street located in?
The 32 Nichols Street is a multifamily located in the neighborhood of North Ironbound in North Ironbound, Newark.
What is the average sales price for listings in 32 Nichols Street?
The average sales price for units in 32 Nichols Street is $499,900 currently.

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