NOT LISTED FOR SALE

118 Fleming Ave Newark, NJ 07105

Estimated Value: $794,000 - $913,661

-- Bed
7 Baths
3,900 Sq Ft
$221/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $800,000 $205 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,688/month

37 Days on Market

About This Home

As of July 2022

This home is located at 118 Fleming Ave, Newark, NJ 07105 since 28 April 2021 and is currently estimated at $862,220, approximately $221 per square foot. This property was built in 2021. 118 Fleming Ave is a home located in Essex County with nearby schools including Hawkins Street Elementary School, Lafayette Street Elementary School, and Oliver Street School.

Last Listed By

Eduardo Viegas

SKY REALTY ASSOCIATES Brokerage Phone: 973-344-8880 Listed on: 04/28/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 2021

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

2021

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 118
  • I D: 5067007
  • Modified: 2023-07-02
  • Number Images: 1
  • Attribution Contact: 973-344-8880
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2021

Lot Info

  • Lot Size: 23X93
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 24, 2022
Sold by
118-120 Fleming Ave Llc
Bought by
Ogunkola Emmanuel
Seller's Agent
Eduardo Viegas
SKY REALTY ASSOCIATES
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Total Days on Market
37
Current Estimated Value
$862,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,220
Avg. Annual Appreciation
2.62%
Original Mortgage
$785,510
Outstanding Balance
$752,706
Interest Rate
5.09%
Mortgage Type
FHA
Estimated Equity
$109,514

Purchase Details

Closed on
Feb 9, 2021
Sold by
Fleming Investments Llc
Bought by
118 120 Fleming Ave Llc

Purchase Details

Closed on
Feb 21, 2007
Sold by
Lopes Jose
Bought by
Fleming Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,909
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2004
Sold by
Calegari Mario
Bought by
Lopes Jose and Leandro Joao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
5.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2000
Sold by
Janeira Mario
Bought by
Lopes Manuel and Lopes Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.98%
Mortgage Type
Commercial

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
Ogunkola Emmanuel $800,000 Fidelity National Title
118 120 Fleming Ave Llc $250,000 None Available
Fleming Investments Llc $50,000 --
Lopes Jose $430,000 --
Lopes Manuel $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ogunkola Emmanuel $785,510
Previous Owner Fleming Investments Llc $298,909
Previous Owner Lopes Jose $322,500
Previous Owner Lopes Manuel $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $800,000 -6.9% $205 / Sq Ft
05/07/2022 05/07/22 Price Changed $859,000 +7.5% $220 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $799,000 -- $205 / 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
2024 -- $497,900 $64,400 $433,500
2022 $2,694 $72,100 $62,100 $10,000
2021 $2,692 $72,100 $62,100 $10,000
2020 $2,740 $72,100 $62,100 $10,000
2019 $2,712 $72,100 $62,100 $10,000
2018 $14,152 $383,200 $62,100 $321,100
2017 $13,642 $383,200 $62,100 $321,100
2016 $13,182 $383,200 $62,100 $321,100
2015 $12,680 $383,200 $62,100 $321,100
2014 $11,883 $383,200 $62,100 $321,100
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Eduardo Viegas

    SKY REALTY ASSOCIATES

    (973) 344-8880

    16 in this area

    49 Total Sales

    Eduardo Viegas
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3708208

Garden State MLS

APN: 14-02470-0000-00032

New Jersey Essex County Newark 07105

118 Fleming Ave, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 118 Fleming Ave, Newark, NJ 07105 since 28 April 2021 and is currently estimated at $862,220, approximately $221 per square foot. This property was built in 2021. 118 Fleming Ave is a home located in Essex County with nearby schools including Hawkins Street Elementary School, Lafayette Street Elementary School, and Oliver Street School.

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