Seller's Agent in 2024
Nicholas Verdi
Keller Williams City Views Realty
(973) 769-1009
1 in this area
158 Total Sales
111 Park Ave Newark, NJ 07104
Seventh Avenue NeighborhoodEstimated Value: $548,841 - $678,000
7
Beds
3
Baths
--
Sq Ft
2,500
Sq Ft Lot
About This Home
As of February 2024Welcome to this fantastic three-family home in Newark,This well-maintained property is a fantastic investment opportunity, featuring one vacant unit and two occupied units, providing immediate income potential.Each unit has been recently updated, offering modern amenities and a comfortable living space. Whether you're an investor looking for rental income or a homeowner seeking a multi-generational living solution, this property has the flexibility to suit your needs.The proximity to Branchbrook Park means you can enjoy serene strolls, vibrant cherry blossoms in spring, and numerous recreational activities just steps from your doorstep. Additionally, the property is conveniently situated near public transportation, making it easy to access all that Newark has to offer. Being sold strictly as is and buyer is responsible to apply for and obtain all required City Certificates to close
Last Agent to Sell the Property
Keller Williams City Views Realty Listed on: 11/06/2023
Last Buyer's Agent
Outside Agent
Outside Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,714
Lot Details
- 2,500 Sq Ft Lot
Home Design
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 00031 / 00508
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2023
Closed on
Jan 29, 2024
Sold by
Lsf9 Master Participation Tr and Us Bank Trust Na
Bought by
Diaz Domingo
Seller's Agent
Nicholas Verdi
Keller Williams City Views Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$524,900
Sold Price
$586,000
Premium/Discount to List
$61,100
11.64%
Views
150
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,710
Avg. Annual Appreciation
2.89%
Original Mortgage
$439,500
Outstanding Balance
$431,733
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$187,977
Purchase Details
Closed on
Oct 20, 2017
Sold by
Vasquez Melvin D and Vasquez Karla
Bought by
Us Bank Na Tr
Purchase Details
Closed on
Jul 3, 2003
Sold by
Morales Angel
Bought by
Vasquez Melvin and Vasquez Karla
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,024
Interest Rate
5.45%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 15, 2000
Sold by
Mejias Juan V
Bought by
Morales Melissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
7.78%
Purchase Details
Closed on
Mar 14, 1991
Sold by
Monogram Industries Inc
Bought by
Mejias Mejias J and Mejias C
Purchase Details
Closed on
Jan 30, 1989
Sold by
Janifer Mark S
Bought by
Monogram Industries Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Diaz Domingo | $586,000 | Stewart Title | |
| Us Bank Na Tr | $140,100 | -- | |
| Vasquez Melvin | $252,000 | -- | |
| Morales Melissa | $165,000 | -- | |
| Mejias Mejias J | $135,000 | -- | |
| Monogram Industries Inc | $105,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Diaz Domingo | $439,500 | |
| Previous Owner | Vasquez Melvin | $250,024 | |
| Previous Owner | Morales Melissa | $156,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/09/2024 02/09/24 | Sold | $586,000 | +11.6% | -- |
| 12/18/2023 12/18/23 | Pending | -- | -- | -- |
| 11/06/2023 11/06/23 | For Sale | $524,900 | -- | -- |
Source: New Jersey MLS
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 | $4,705 | $126,200 | $18,200 | $108,000 |
| 2024 | $4,705 | $126,200 | $18,200 | $108,000 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Verdi
-
O
Buyer's Agent in 2024
Outside Agent
Outside Office
Map
Source: New Jersey MLS
MLS Number: 23034168
APN: 14-00508-0000-00031
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Ten-X 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. Source: New Jersey Multiple Listing, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
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