NOT LISTED FOR SALE

116 3rd Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $513,000 - $602,000

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

Last Sold November 19, 2012

Last sale price $100,000

Est. 463% increase in value since last sale

Current estimated payment $3,355/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 $562,829. 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

Est. Annual Taxes

  • $3,743

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,743

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 116
  • I D: 4242974
  • Modified: 2013-11-20
  • Number Images: 0
  • 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
Oct 14, 2020
Sold by
Rivera Christina and Parrilla Ashley
Bought by
Yang Yuan Hsin
Current Estimated Value
$562,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,500
Outstanding Balance
$280,498
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$282,331

Purchase Details

Closed on
Jan 30, 2015
Sold by
Affordable Realty Investments Llc
Bought by
Rivera Christina and Parrilla Ashle

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
14.44%
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:

Collateral Analytics

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ICE

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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
Yang Yuan Hsin $370,000 Stewart Title
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
Open Yang Yuan Hsin $314,500
Previous Owner 120 3Rd Ave Limited Liability Company $80,000
Previous Owner Affordable Realty Investments Llc $80,000
Previous Owner Martinez Salvador $340,000
Previous Owner Martinez Salvador $298,000
Previous Owner Martinez Salvador $277,000
Previous Owner Martinez Salvador $190,000
Previous Owner Perez Gullermo $126,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

This home is located at 116 3rd Ave, Newark, NJ 07104 since 19 November 2012 and is currently estimated at $562,829. 116 3rd Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

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