118 Norman Rd Unit 2 Newark, NJ 07106
Ivy Hill NeighborhoodEstimated Value: $771,409 - $1,023,000
3
Beds
1
Bath
4,080
Sq Ft
$223/Sq Ft
Est. Value
About This Home
This home is located at 118 Norman Rd Unit 2, Newark, NJ 07106 and is currently estimated at $907,852, approximately $222 per square foot. 118 Norman Rd Unit 2 is a home located in Essex County with nearby schools including Mt. Vernon School, Lincoln Elementary School, and Hawthorne Avenue Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 22, 1999
Sold by
Baqai Allauddin
Bought by
Holmes Gary
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,750
Interest Rate
7.84%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 15, 1993
Sold by
Rhodes Gregory and Rhodes Renee
Bought by
Baqai Allauddin and Baqai Mahjabin
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Holmes Gary | $170,000 | -- | |
| Baqai Allauddin | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Holmes Gary | $167,750 |
Source: Public Records
Tax History Compared to Growth
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 | $16,996 | $363,000 | $38,700 | $324,300 |
| 2024 | $16,996 | $455,900 | $38,700 | $417,200 |
| 2023 | $17,032 | $455,900 | $38,700 | $417,200 |
| 2022 | $17,032 | $455,900 | $38,700 | $417,200 |
| 2021 | $10,156 | $272,000 | $38,700 | $233,300 |
| 2020 | $10,336 | $272,000 | $38,700 | $233,300 |
| 2019 | $10,230 | $272,000 | $38,700 | $233,300 |
| 2018 | $10,045 | $272,000 | $38,700 | $233,300 |
| 2017 | $9,683 | $272,000 | $38,700 | $233,300 |
| 2016 | $9,357 | $272,000 | $38,700 | $233,300 |
| 2015 | $9,000 | $272,000 | $38,700 | $233,300 |
| 2014 | $8,435 | $272,000 | $38,700 | $233,300 |
Source: Public Records
Map
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