NOT LISTED FOR SALE

1040 Bergen St Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $357,700

-- Bed
4 Baths
-- Sq Ft
2,178 Sq Ft Lot

Last Sold October 24, 2022

Last sale price $310,000

Est. 15% increase in value since last sale

Current estimated payment $2,472/month

28 Days on Market

About This Home

As of October 2022

This home is located at 1040 Bergen St, Newark, NJ 07112 since 02 May 2022 and is currently estimated at $357,700. 1040 Bergen St is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Last Agent to Sell the Property

LAVERNE JACKSON

CENTURY 21 REAL ESTATE GROUP Brokerage Phone: 908-322-2901 Listed on: 05/02/2022

Last Buyer's Agent

LAVERNE JACKSON

CENTURY 21 REAL ESTATE GROUP Brokerage Phone: 908-322-2901 Listed on: 05/02/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,915

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,915

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 1040
  • I D: 5147222
  • Modified: 2023-10-25
  • Number Images: 1
  • Attribution Contact: 908-322-2901
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X90.5
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Essex County Sheriff
Bought by
Sharestates Reo Llc and Sharestates Am Revolving Line Llc
Current Estimated Value
$357,700

Purchase Details

Listed on
May 2, 2022
Closed on
Oct 24, 2022
Sold by
Fyr Holdings Llc
Bought by
A23 Connections Llc
Seller's Agent
LAVERNE JACKSON
CENTURY 21 REAL ESTATE GROUP
Buyer's Agent
LAVERNE JACKSON
CENTURY 21 REAL ESTATE GROUP
List Price
$399,999
Sold Price
$310,000
Premium/Discount to List
-$89,999
-22.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$681,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2022
Closed on
Oct 22, 2022
Sold by
Daughety Leo and Daughety Olivia C
Bought by
Fyr Holdings Llc
Seller's Agent
LAVERNE JACKSON
CENTURY 21 REAL ESTATE GROUP
Buyer's Agent
LAVERNE JACKSON
CENTURY 21 REAL ESTATE GROUP
List Price
$399,999
Sold Price
$310,000
Premium/Discount to List
-$89,999
-22.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$681,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2020
Sold by
Daughety Leo and Daughety Olivia C
Bought by
Daughety Leo and Daugherty Olivia C

Purchase Details

Closed on
Jul 25, 2003
Sold by
Cooper Thomasina
Bought by
Boyd Lucius

Purchase Details

Closed on
Dec 6, 2000
Sold by
Johnson Heather Bennett
Bought by
Daughty Leo and Daughty Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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
Sharestates Reo Llc -- None Listed On Document
A23 Connections Llc -- Cross Bridge Title
Fyr Holdings Llc $300,000 Cross Bridge Title
Daughety Leo -- None Available
Boyd Lucius $25,000 --
Daughty Leo $131,250 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fyr Holdings Llc $681,000
Previous Owner -- $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $310,000 -31.1% --
06/03/2022 06/03/22 Price Changed $450,000 +12.5% --
06/01/2022 06/01/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $399,999 -- --
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 $6,915 $185,500 $52,800 $132,700
2024 $6,915 $185,500 $52,800 $132,700
2022 $6,930 $185,500 $52,800 $132,700
2021 $6,927 $185,500 $52,800 $132,700
2020 $7,049 $185,500 $52,800 $132,700
2019 $6,977 $185,500 $52,800 $132,700
2018 $6,851 $185,500 $52,800 $132,700
2017 $6,604 $185,500 $52,800 $132,700
2016 $6,381 $185,500 $52,800 $132,700
2015 $6,138 $185,500 $52,800 $132,700
2014 $5,752 $185,500 $52,800 $132,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    LAVERNE JACKSON

    CENTURY 21 REAL ESTATE GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3779023

Garden State MLS

APN: 14-03659-0000-00021

New Jersey Essex County Newark 07112 Weequahic

1040 Bergen St, Newark, NJ

This home is located at 1040 Bergen St, Newark, NJ 07112 since 02 May 2022 and is currently estimated at $357,700. 1040 Bergen St is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

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