NOT LISTED FOR SALE

118 Pennsylvania Ave Unit A Newark, NJ 07114

South Broad Valley Neighborhood

Estimated Value: $286,000 - $547,000

-- Bed
-- Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold January 10, 2019

Last sale price $125,000

Est. 220% increase in value since last sale

Current estimated payment $2,543/month

32 Days on Market

About This Home

As of January 2019

This home is located at 118 Pennsylvania Ave Unit A, Newark, NJ 07114 since 01 November 2018 and is currently estimated at $399,770. 118 Pennsylvania Ave Unit A is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

RALPH BARONE

NJ REO ASSET MANAGEMENT & REALTY Brokerage Phone: 973-429-0990 Listed on: 11/01/2018

Last Buyer's Agent

DJEINE PIETRONI

TERRA REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,074

Lot Details

  • 1,742 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,074

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 118-A
  • I D: 4850001
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-429-0990
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 17.1X100
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2021
Sold by
Dossantos Jose
Bought by
Redacted Upon Request and Silva Celia R
Current Estimated Value
$399,770

Purchase Details

Closed on
Feb 23, 2006
Sold by
Somerset Funding Llc
Bought by
Jab Group Lp

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
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 2005
Sold by
Melore Craig
Bought by
Somerset Funding Llc

Purchase Details

Closed on
Jan 26, 2002
Sold by
Federal Home Loan
Bought by
Abs One Devt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
7.01%

Purchase Details

Closed on
Jan 9, 2002
Sold by
Abs One Devt
Bought by
Melore Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
7.01%

Purchase Details

Closed on
Aug 18, 1994
Sold by
Madama Realty
Bought by
Abreu Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.61%

Purchase Details

Closed on
Jun 20, 1994
Sold by
1St Dewitt Sav
Bought by
Madama Realty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.61%

Purchase Details

Closed on
Nov 18, 1987
Sold by
Lochanser Consultants Inc
Bought by
Burns Christopher J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Redacted Upon Request -- Ramadan Basem
Jab Group Lp $160,000 --
Somerset Funding Llc $153,974 --
Abs One Devt $38,000 --
Melore Craig $165,000 --
Abreu Hector $57,000 --
Madama Realty $17,500 --
Burns Christopher J $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jab Group Lp $200,000
Previous Owner Melore Craig $128,700
Previous Owner Abreu Hector $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2019 01/10/19 Sold $125,000 +10.7% --
12/03/2018 12/03/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $112,900 -- --
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 $5,074 $136,100 $43,500 $92,600
2024 $5,074 $136,100 $43,500 $92,600
2022 $5,085 $136,100 $43,500 $92,600
2021 $5,082 $136,100 $43,500 $92,600
2020 $5,172 $136,100 $43,500 $92,600
2019 $5,119 $136,100 $43,500 $92,600
2018 $5,026 $136,100 $43,500 $92,600
2017 $4,845 $136,100 $43,500 $92,600
2016 $4,682 $136,100 $43,500 $92,600
2015 $4,504 $136,100 $43,500 $92,600
2014 $4,220 $136,100 $43,500 $92,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    RALPH BARONE

    NJ REO ASSET MANAGEMENT & REALTY

  • D

    Buyer's Agent in 2019

    DJEINE PIETRONI

    TERRA REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3513358

Garden State MLS

APN: 14-02808-0000-00042

New Jersey Essex County Newark 07114 South Broad Valley

118 Pennsylvania Ave Unit A, Newark, NJ

This home is located at 118 Pennsylvania Ave Unit A, Newark, NJ 07114 since 01 November 2018 and is currently estimated at $399,770. 118 Pennsylvania Ave Unit A is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Peshine Avenue Elementary School.

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