NOT LISTED FOR SALE

10 Commonwealth Ave Unit 12 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $612,589 - $661,000

-- Bed
-- Bath
-- Sq Ft
37 Sq Ft Lot

Last Sold March 24, 2023

Last sale price $550,000

Est. 17% increase in value since last sale

Current estimated payment $3,928/month

23 Days on Market

About This Home

As of March 2023

This home is located at 10 Commonwealth Ave Unit 12, Newark, NJ 07106 since 22 November 2022 and is currently estimated at $645,147. 10 Commonwealth Ave Unit 12 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

BLOSSOM VERNON

BHHS JORDAN BARIS REALTY Brokerage Phone: 973-736-1600 Listed on: 11/22/2022

Last Buyer's Agent

Sandra Page

RE/MAX FIRST REALTY II

RE/MAX FIRST REALTY II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,375

Lot Details

  • 37 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,375

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5191735
  • Attribution Contact: 973-736-1600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37.6X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
Mar 16, 2023
Sold by
Commonwealth Assoc
Bought by
Martinez Luis A and Beltran Carlos D
Seller's Agent
BLOSSOM VERNON
BHHS JORDAN BARIS REALTY
Buyer's Agent
Sandra Page
RE/MAX FIRST REALTY II
List Price
$529,000
Sold Price
$550,000
Premium/Discount to List
$21,000
3.97%
Views
55
Current Estimated Value
$645,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,147
Avg. Annual Appreciation
6.11%
Original Mortgage
$540,039
Outstanding Balance
$523,656
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$121,491

Purchase Details

Closed on
Jun 14, 2019
Sold by
Mulberry Management Group
Bought by
Commonwealth Associates

Purchase Details

Closed on
Apr 29, 2016
Sold by
Fontoura Armando B
Bought by
Freedom Mortgage Corp

Purchase Details

Closed on
Apr 13, 2014
Sold by
Freedom Mortgage Corp
Bought by
Jones Clarence and Jamison Marion

Purchase Details

Closed on
Apr 3, 2014
Bought by
Freedom Mortgage Cor

Purchase Details

Closed on
Oct 10, 2007
Sold by
Barber Corey
Bought by
Jones Clarence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
6.51%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2006
Sold by
Als Construction Co Inc
Bought by
Barber Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.67%

Purchase Details

Closed on
Mar 23, 2006
Sold by
Brantley Leroy
Bought by
Als Construction Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 2001
Sold by
Jones Brian
Bought by
Brantley Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,605
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2000
Sold by
Ge Capital Mortgage
Bought by
Jones Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,605
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 1988
Sold by
Fluellen Edward and Fluellen Marion
Bought by
Saintlime Siteau and Saintlime Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martinez Luis A $550,000 First Team Title
Commonwealth Associates -- --
Freedom Mortgage Corp $583,710 None Available
Jones Clarence -- None Available
Freedom Mortgage Cor $100 --
Jones Clarence $365,000 Old Republic National Title
Barber Corey $290,000 --
Als Construction Co Inc $194,000 --
Brantley Leroy $155,000 --
Jones Brian $73,500 --
Saintlime Siteau $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Luis A $540,039
Previous Owner Jones Clarence $346,750
Previous Owner Barber Corey $232,000
Previous Owner Als Construction Co Inc $180,000
Previous Owner Brantley Leroy $152,605
Previous Owner Jones Brian $75,000
Closed Jones Clarence --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2023 03/24/23 Sold $550,000 +4.0% --
12/22/2022 12/22/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $529,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,375 $171,000 $24,000 $147,000
2024 $6,375 $171,000 $24,000 $147,000
2022 $6,389 $171,000 $24,000 $147,000
2021 $6,385 $171,000 $24,000 $147,000
2020 $6,498 $171,000 $24,000 $147,000
2019 $6,431 $171,000 $24,000 $147,000
2018 $6,315 $171,000 $24,000 $147,000
2017 $6,088 $171,000 $24,000 $147,000
2016 $5,882 $171,000 $24,000 $147,000
2015 $5,658 $171,000 $24,000 $147,000
2014 $5,303 $171,000 $24,000 $147,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    BLOSSOM VERNON

    BHHS JORDAN BARIS REALTY

  • Sandra Page

    Buyer's Agent in 2023

    Sandra Page

    RE/MAX

    (551) 206-6502

    1 in this area

    8 Total Sales

    Sandra Page
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Map

Source: Garden State MLS

MLS Number: 3818767

Garden State MLS

APN: 14-04104-0000-00016

New Jersey Essex County Newark 07106 Lower Vailsburg

10 Commonwealth Ave Unit 12, Newark, NJ

Not Listed for Sale

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