NOT LISTED FOR SALE

118 Norman Rd Newark, NJ 07106

Ivy Hill Neighborhood

Estimated Value: $662,000 - $954,000

-- Bed
4 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold April 14, 2021

Last sale price $595,000

Est. 40% increase in value since last sale

Current estimated payment $5,906/month

15 Days on Market

About This Home

As of April 2021

This home is located at 118 Norman Rd, Newark, NJ 07106 since 22 January 2021 and is currently estimated at $830,446. 118 Norman Rd is a home located in Essex County with nearby schools including Mt. Vernon School, Lincoln Elementary School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Gladys Gabriel

WEICHERT REALTORS Brokerage Phone: 973-731-6064 Listed on: 01/22/2021

WEICHERT REALTORS

Last Buyer's Agent

Gladys Gabriel

WEICHERT REALTORS Brokerage Phone: 973-731-6064 Listed on: 01/22/2021

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,996

Lot Details

  • 6,098 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,996

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 118
  • I D: 5044748
  • Modified: 2022-04-15
  • Number Images: 0
  • Attribution Contact: 973-731-6064
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 52X120
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Apr 9, 2021
Sold by
Monasse Laurette
Bought by
Sinclair Arvella Kia
Seller's Agent
Gladys Gabriel
WEICHERT REALTORS
Buyer's Agent
Gladys Gabriel
WEICHERT REALTORS
List Price
$600,000
Sold Price
$595,000
Premium/Discount to List
-$5,000
-0.83%
Current Estimated Value
$830,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,446
Avg. Annual Appreciation
7.64%
Original Mortgage
$0
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 1999
Sold by
Baqai Allauddin
Bought by
Holmes Gary

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
Source: Public Records

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
Sinclair Arvella Kia $589,000 Old Republic National
Holmes Gary $170,000 --
Baqai Allauddin $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sinclair Arvella Kia $29,406
Open Sinclair Arvella Kia $53,464
Closed Sinclair Arvella Kia $0
Previous Owner Monasse Laurette $371,000
Previous Owner Monasse Laurette $371,000
Previous Owner Monasse Laurette $247,500
Previous Owner Holmes Gary $167,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $595,000 -0.8% --
02/06/2021 02/06/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $600,000 -- --
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 $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

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gladys Gabriel

    WEICHERT REALTORS

    (973) 885-4225

    5 in this area

    74 Total Sales

    Gladys Gabriel
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3689199

Garden State MLS

APN: 14-04269-0000-00041

New Jersey Essex County Newark 07106 Ivy Hill

118 Norman Rd, Newark, NJ

This home is located at 118 Norman Rd, Newark, NJ 07106 since 22 January 2021 and is currently estimated at $830,446. 118 Norman Rd is a home located in Essex County with nearby schools including Mt. Vernon School, Lincoln Elementary School, and Hawthorne Avenue Elementary School.

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