NOT LISTED FOR SALE

Estimated Value: $545,000 - $583,000

4 Beds
1.5 Baths
-- Sq Ft
37 Sq Ft Lot

Last Sold August 01, 2022

Last sale price $440,000

Est. 28% increase in value since last sale

Current estimated payment $3,658/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • Deck
  • Home Office
  • Eat-In Kitchen

About This Home

As of August 2022

This home is located at 118 Peck Ave Unit 1, Newark, NJ 07107 since 20 June 2022 and is currently estimated at $562,609. This property was built in 1925. 118 Peck Ave Unit 1 is a home located in Essex County with nearby schools including First Avenue Elementary School, Dr. William H. Horton Elementary School, and Rafael Hernandez School.

Last Agent to Sell the Property

ISMENIA SOUSA

NEW DIRECTION REALTY Listed on: 06/20/2022

Last Buyer's Agent

MICHAEL CASSO

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,246

Year Built

  • Built in 1925

Lot Details

  • 37

Parking

  • 4 Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • Gas Fireplace
  • Family Room with entrance to outdoor space
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Partially Finished Basement
  • Front Basement Entry

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room

Schools

  • 1St Ave Elementary School

Utilities

  • Radiator
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Deck
  • 37 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1614-01965-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,246

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1925
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 118
  • Directions: Bloomfield Ave to Roseville to Peck
  • I D: 5159128
  • Modified: 2023-08-02
  • Number Images: 25
  • First Name: ISMENIA
  • First Name3: MICHAEL
  • Last Name: SOUSA
  • Last Name3: CASSO
  • Office Phone: 833-984-4663
  • Office Phone3: 973 679 7701
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Floor Number: 2
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Microwave Oven, Range/Oven-Gas, Refrigerator
  • Number Rooms: 7
  • Bedrooms: 4
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Level 1 Rooms: Dining Room, Entrance Vestibule, Kitchen, Living Room, Office, OutEntrn, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main
  • Ground Level Rooms: Outside Entrance
  • Phone: 833-984-4663

Exterior Features

  • Exterior Description: Brick, Stucco
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: 1ST AVE

Lot Info

  • Lot Size: 37.6X100
  • Assessed Improvement Value: 142700
  • Assessed Land Value: 48000
  • Assessment: 190700
  • Easement: Unknown
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7246
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-01965-0000-00004-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.734
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: 1ST AVE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jul 22, 2022
Sold by
Ingrid Ortiz
Bought by
Drepaul Hempaul
Seller's Agent
ISMENIA SOUSA
NEW DIRECTION REALTY
Buyer's Agent
MICHAEL CASSO
KELLER WILLIAMS REALTY
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%
Current Estimated Value
$562,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,609
Avg. Annual Appreciation
8.41%
Original Mortgage
$360,000
Outstanding Balance
$345,141
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$218,571

Purchase Details

Closed on
Jan 13, 2021
Sold by
Sanchez Ingrid and Sanchez Juan
Bought by
Ortiz Ingrid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2005

Purchase Details

Closed on
Nov 14, 2003
Sold by
Nerio Manuel
Bought by
Sanchez Juan and Sanchez Ingrid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,550
Interest Rate
5.9%

Purchase Details

Closed on
Apr 7, 2003
Sold by
Nerio Linda
Bought by
Nerio Manuel

Purchase Details

Closed on
Sep 29, 1998
Sold by
Cortes Raul
Bought by
Acevedo Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 1990
Sold by
Mazza Frank L
Bought by
Cortes Raul and Cortes Maria
Source: Public Records

Range of Values:

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Average Value
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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
Drepaul Hempaul $450,000 Fidelity National Title
Ortiz Ingrid $75,517 Solidifi Title & Closing Llc
-- -- --
Sanchez Juan $215,000 --
Nerio Manuel -- --
Acevedo Linda $135,000 --
Cortes Raul $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drepaul Hempaul $360,000
Previous Owner Ortiz Ingrid $210,000
Previous Owner Sanchez Ingrid $296,000
Previous Owner Sanchez Ingrid $74,000
Previous Owner Sanchez Juan $247,500
Previous Owner Sanchez Juan $45,000
Previous Owner Sanchez Ingrid $24,387
Previous Owner Sanchez Juan $280,550
Previous Owner Acevedo Linda $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $440,000 +3.5% --
07/07/2022 07/07/22 Pending -- -- --
06/25/2022 06/25/22 For Sale $425,000 -- --
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 $7,109 $190,700 $48,000 $142,700
2024 $7,109 $190,700 $48,000 $142,700
2022 $7,125 $190,700 $48,000 $142,700
2021 $7,121 $190,700 $48,000 $142,700
2020 $7,247 $190,700 $48,000 $142,700
2019 $7,172 $190,700 $48,000 $142,700
2018 $7,043 $190,700 $48,000 $142,700
2017 $6,789 $190,700 $48,000 $142,700
2016 $6,560 $190,700 $48,000 $142,700
2015 $6,310 $190,700 $48,000 $142,700
2014 $5,914 $190,700 $48,000 $142,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3790392

Garden State MLS

APN: 14-01965-0000-00004