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Newark 07112 Weequahic
34 Willoughby Street
Listed by: Eyal Levy, [email protected], Keller Williams Park Views, (201) 939-0050, Listing Courtesy of NJMLS
$360,000
● House - Off Market

34 Willoughby Street

Newark, NJ 07112
bedrooms
3 Beds
bathrooms
2 Baths
$2,169
Est. Monthly
6.66%
Cap Rate

About This Property

Stunning totally renovated 3-bedroom, 2-bathroom single-family house  with a touch of class and elegance. This meticulously maintained residence offers an ideal blend of comfort, functionality, and style. Its spacious and light-filled living room adorned with large windows that allow an abundance of natural light to flood the space. The open floor plan seamlessly connects the living area to the dining space.  Its kitchen is equipped with high-end stainless steel appliances, quartz countertops and a lot cabinet space. All  three bedrooms are generously sized and has large closets. The backyard also provides ample space for any activity. It has a 1 car fit shared driveway. Don't miss the opportunity! Schedule showing asap!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$401
HOA Dues
-
Year Built
1919

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NJMLS #24006433)

Price History

Date / Event Date Event Price
Jun 26, 2024 Sold
Premium
Sold
Mar 21, 2024 In contract -
In contract
Mar 4, 2024 Listed by Keller Williams Park Views $349,000
Listed by Keller Williams Park Views

Property Highlights

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,999
  • Lot Size Depth Feet: 740
  • Lot Size Frontage Feet: 270
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000046
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 004400

Geography

  • Assessors Map Reference: TAX MAP 108
  • District: 14
  • Parcel: 14 03048- 01-00040
  • Block: 3048.01
  • Lot: 40
  • Municipality: NEWARK CITY
  • Latitude: 40.7146
  • Longitude: -74.2152

    Address

  • Full Address: 34 Willoughby St
  • Address - House Number: 34
  • Address - Street Name: Willoughby
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Newark
  • Carrier Code: C055
  • 4-Digit Zip Code: 1529
  • Zip Code: 07112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $481,197

    Appraisal Valuation

  • Standard Deviation: 0.2612
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 62
  • Final Value: 336,464
  • High Value: 424,364
  • Low Value: 248,565

    Market Valuation

  • Market Total Value: $128,800
  • Market Land Value: $23,300
  • Market Improvement Value: $105,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,800
  • Assessed Land Value: $23,300
  • Assessed Improvements Value: $105,500

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: Jun 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021077516
  • Previous Sale Recording Date: Nov 04, 2020
  • Previous Sale Contract Date: Oct 21, 2020
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Weequahic

Stats & Trends

Median Asking:

$574,450

Sale Price/ft²

$183

Below Asking

0.01%

Average Days on Market

87

Average Home Size

622 ft²

Average Home Age

-

Currently For Sale

73 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 645 10th, Newark, NJ, 07108

$2,900 /mo

  • 2 Beds
  • 2 Baths
645 10th, Newark, NJ, 07108 Listing by Claudia Brombauer

Rentals Near You

Click here to view more rentals in the neighborhood.
New Jersey Multiple Listing Service,Inc

Listed by: Eyal Levy
Keller Williams Park Views
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24006433
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 34 Willoughby Street built and last sold?
The property at 34 Willoughby Street was built in 1919 and last sold on May 19, 2021 for $275,000.
How much is this home worth?
The estimated value of the home located at 34 Willoughby Street is $0.
What are some comparable homes to 34 Willoughby Street?
There are currently no comparable homes to 34 Willoughby Street.
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