NOT LISTED FOR SALE

116 3rd Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $476,000 - $559,000

Studio
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold November 19, 2012

Last sale price $100,000

Est. 410% increase in value since last sale

Current estimated payment $2,979/month

About This Home

As of November 2012

This home is located at 116 3rd Ave, Newark, NJ 07104 since 19 November 2012 and is currently estimated at $510,026. 116 3rd Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 4242974
  • Attribution Contact: 973-736-1600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2015
Sold by
Affordable Realty Investments Llc
Bought by
Rivera Christina and Parrilla Ashle
Current Estimated Value
$510,026

Purchase Details

Listed on
Nov 19, 2012
Closed on
Nov 19, 2012
Sold by
Martinez Salvador and Martinez Awelda
Bought by
Affordable Realty Investments Llc
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%
Original Mortgage
$80,000
Interest Rate
3.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2002
Sold by
Devt Larj
Bought by
Martinez Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2001
Sold by
Hud
Bought by
Devt Larj

Purchase Details

Closed on
Aug 24, 1998
Sold by
Paltan Marta
Bought by
Perez Gullermo and Mendoza Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
6.65%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rivera Christina $245,000 --
Affordable Realty Investments Llc $100,000 Multiple
Martinez Salvador $193,000 --
Devt Larj $103,000 --
Perez Gullermo $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Affordable Realty Investments Llc $80,000
Previous Owner Martinez Salvador $190,000
Previous Owner Perez Gullermo $126,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2012 11/19/12 Sold $100,000 -- --
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 $3,743 $100,400 $37,500 $62,900
2024 $3,743 $100,400 $37,500 $62,900
2022 $3,751 $100,400 $37,500 $62,900
2021 $10,877 $291,300 $37,500 $253,800
2020 $3,800 $100,000 $37,500 $62,500
2019 $3,761 $100,000 $37,500 $62,500
2018 $3,693 $100,000 $37,500 $62,500
2017 $3,560 $100,000 $37,500 $62,500
2016 $3,440 $100,000 $37,500 $62,500
2015 $3,309 $100,000 $37,500 $62,500
2014 $3,101 $100,000 $37,500 $62,500
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 2950508

Garden State MLS

APN: 14-00527-0000-00038

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

116 3rd Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes