NOT LISTED FOR SALE

116 Park Ave Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $419,000 - $584,000

4 Beds
3 Baths
1,700 Sq Ft
$294/Sq Ft Est. Value

Last Sold October 10, 2017

Last sale price $300,000 $176 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,410/month

89 Days on Market

Highlights

  • 55 Acre Lot
  • Victorian Architecture
  • 2-minute walk to Branch Brook Park
  • Dining Room with Fireplace
  • Breakfast Bar

About This Home

As of October 2017

Restored 4bd Victorian Row House has lots of light & private yard view to Cathedral, orig details, 2 fireplaces,1 & 1/2 bath w/ stain glass, skylights, new roof, electrical, wood floors new furnace. Potential basement living space with separate entrance. This restored row-house is in commuter friendly--just blocks from light rail--location and close to downtown Newark--in the "is Newark the new Brooklyn?" neighborhood. Amazing historical details combined with impeccable renovation, including stone work by Cathedral masons, make this home truly unique and beautiful find. It's back on market due to buyer non performance so don't miss out on this one of a kind treasure. Oil Tank is Abandoned In Place, filled with gravel and has all required city and county No Further Action paperwork.

Last Agent to Sell the Property

LESLEY CECCHI

EXP REALTY, LLC Listed on: 04/02/2017

Last Buyer's Agent

LESLEY CECCHI

EXP REALTY, LLC Listed on: 04/02/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,508

Year Built

  • Built in 1896

Lot Details

  • 55

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Carbon Monoxide Detectors
  • Breakfast Bar
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 55 Acre Lot
  • Radiator

Listing and Financial Details

  • Assessor Parcel Number 1614-00493-0000-00066-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,508

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Style: Victorian, Townhouse-End Unit, Townhouse-Interior
  • Primary Style: Victorian
  • Subproperty Type: Single Family
  • Year Built: 1896
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 116
  • Directions: Park Ave to Clifton
  • I D: 4701265
  • Modified: 2021-09-23
  • Number Images: 15
  • First Name: LESLEY
  • First Name3: LESLEY
  • Last Name: CECCHI
  • Last Name3: CECCHI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Dining Room, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector
  • Number Rooms: 7
  • Bedrooms: 4
  • Bathrooms: 1.20
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Breakfast Bar, Not Eat-In Kitchen
  • Estimated Sq Ft: 1700
  • Phone: 866-201-6210

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Flat

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 25X55A
  • Assessed Improvement Value: 58600
  • Assessed Land Value: 14300
  • Assessment: 72900
  • Easement: Unknown
  • Lot Identifier: 66
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 55.00

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 2508
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00493-0000-00066-0000-
  • Tax Rate Amount: 3.440
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2017
Closed on
Oct 16, 2017
Sold by
Caruso Joan
Bought by
Lovely Kate E
Seller's Agent
LESLEY CECCHI
EXP REALTY, LLC
Buyer's Agent
LESLEY CECCHI
EXP REALTY, LLC
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%
Current Estimated Value
$499,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,024
Avg. Annual Appreciation
6.66%
Interest Rate
3.91%

Purchase Details

Closed on
Nov 24, 2008
Sold by
Petrozzino Frank
Bought by
Caruso Joan
Source: Public Records

Range of Values:

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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
Lovely Kate E $300,000 --
Caruso Joan $60,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lovely Kate E --
Open Lovely Kate E $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2017 10/10/17 Sold $300,000 -3.2% $176 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
04/02/2017 04/02/17 For Sale $310,000 -- $182 / Sq Ft
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 $8,354 $224,100 $14,000 $210,100
2024 $8,354 $224,100 $14,000 $210,100
2022 $8,372 $224,100 $14,000 $210,100
2021 $8,368 $224,100 $14,000 $210,100
2020 $8,516 $224,100 $14,000 $210,100
2019 $8,428 $224,100 $14,000 $210,100
2018 $2,692 $72,900 $14,300 $58,600
2017 $2,595 $72,900 $14,300 $58,600
2016 $2,508 $72,900 $14,300 $58,600
2015 $2,412 $72,900 $14,300 $58,600
2014 $2,261 $72,900 $14,300 $58,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    LESLEY CECCHI

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3375988

Garden State MLS

APN: 14-00493-0000-00066

New Jersey Essex County Newark 07104 Seventh Avenue

116 Park Ave, Newark, NJ

This home is located at 116 Park Ave, Newark, NJ 07104 since 02 April 2017 and is currently estimated at $499,024, approximately $293 per square foot. This property was built in 1896. 116 Park Ave is a home located in Essex County with nearby schools including Franklin School, Dr. William H. Horton School, and Rafael Hernandez School.

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