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723 Bergen Street

723 Bergen Street, Newark, NJ 07108
Multifamily in Upper Clinton Hill
Sold Apr 19, 2021
$235,000
Sold Jun 29, 2017
$350,000
$343,660 by Alterra Group Llc
Mortgage Due Jul 01, 2047
723 Bergen Street has been categorized by the local assessors in Newark, NJ as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The building has a total of 3 stories. In addition, 723 Bergen Street has 2,272 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,500 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Mar 9, 2021 for $235,000. That's $103.43 per sqft. Prior to that sales transaction, the property was also sold in Jun 22, 2017 for $350,000. 723 Bergen Street was last assessed in 2022. The total value of the property was assessed at $182,700. Specifically, the land the property is located on was valued at $19,100. While improvements on the property were assessed at a total of $163,600. 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 $6,826. The initial tax year of delinquency was in 2017. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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

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

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 2,272
  • Building Area: 2,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,272
  • 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 : DUSC LLC
  • Previous Owner : ESTRELLA HECTOR H
  • Owner Before Previous Owner: 723 BERGEN ST LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 005400

Geography

  • Assessors Map Reference: TAX MAP 95
  • District: 14
  • Parcel: 14 02708-0000-00004
  • Block: 2708
  • Lot: 4
  • Municipality: NEWARK CITY
  • Latitude: 40.7192
  • Longitude: -74.2015

    Address

  • Full Address: 723 Bergen St
  • Address - House Number: 723
  • Address - Street Name: Bergen
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Newark
  • Carrier Code: C018
  • 4-Digit Zip Code: 1801
  • Zip Code: 07108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,826
  • Intital Tax Deliquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.2576
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 63
  • Final Value: 416,556
  • High Value: 523,884
  • Low Value: 309,228

    Market Valuation

  • Market Total Value: $182,700
  • Market Land Value: $19,100
  • Market Improvement Value: $163,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $182,700
  • Assessed Land Value: $19,100
  • Assessed Improvements Value: $163,600

    Sales

  • Current Sale Contract Date: Mar 09, 2021
  • Current Sale Recording Date: Apr 19, 2021
  • Current Sale Transaction ID: 11837760941
  • Current Sale Price: $235,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021048124
  • Previous Sale Recording Date: Jun 29, 2017
  • Previous Sale Contract Date: Jun 22, 2017
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: ALTERRA GROUP LLC
  • Previous Mortgage Transaction Date: Jun 29, 2017
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $343,660
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2047

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Frequently Asked Questions

What neighborhood is 723 Bergen Street located in?
The 723 Bergen 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 723 Bergen Street?
The average sales price for units in 723 Bergen Street is $0 currently.

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