NOT LISTED FOR SALE

12 Welland Ave Irvington, NJ 07111

Estimated Value: $492,000 - $739,000

-- Bed
4 Baths
-- Sq Ft
40 Sq Ft Lot

Last Sold January 20, 2023

Last sale price $550,000

Est. 10% increase in value since last sale

Current estimated payment $4,450/month

125 Days on Market

About This Home

As of January 2023

This home is located at 12 Welland Ave, Irvington, NJ 07111 since 29 April 2022 and is currently estimated at $604,667. 12 Welland Ave is a home located in Essex County with nearby schools including Irvington High School.

Last Agent to Sell the Property

MARCEL A. OKORO

EXIT REALTY LUCKY ASSOCIATES Brokerage Phone: 973-817-7700 Listed on: 04/29/2022

Last Buyer's Agent

MARCEL A. OKORO

EXIT REALTY LUCKY ASSOCIATES Brokerage Phone: 973-817-7700 Listed on: 04/29/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,425

Lot Details

  • 40 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,425

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5146335
  • Attribution Contact: 973-817-7700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 40 X 116
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Obi Ifeanyi C
Bought by
Mejcj Investments Llc
Current Estimated Value
$604,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,000
Outstanding Balance
$473,433
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$131,234

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jan 5, 2023
Sold by
Ajibade Rotimi S
Bought by
Obi Ifeanyi C
Seller's Agent
MARCEL A. OKORO
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
MARCEL A. OKORO
EXIT REALTY LUCKY ASSOCIATES
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$440,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2002
Sold by
Cuttino Wyolene
Bought by
Nembhard Clive and Nembhard Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
6.18%
Source: Public Records

Range of Values:

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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
Mejcj Investments Llc $440,354 Elite Title
Obi Ifeanyi C $550,000 None Listed On Document
Nembhard Clive $186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejcj Investments Llc $479,000
Previous Owner Obi Ifeanyi C $440,000
Previous Owner Nembhard Clive $148,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2023 01/20/23 Sold $550,000 -8.3% --
09/01/2022 09/01/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $600,000 +33.3% --
05/28/2021 05/28/21 Sold $450,000 -9.8% -- View Prior Sale
05/27/2021 05/27/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $499,000 -- --
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 $15,425 $729,800 $141,000 $588,800
2024 $15,425 $254,000 $20,500 $233,500
2023 $11,004 $254,000 $20,500 $233,500
2022 $11,004 $184,600 $20,500 $164,100
2021 $11,037 $184,600 $20,500 $164,100
2020 $11,032 $184,600 $20,500 $164,100
2019 $10,733 $184,600 $20,500 $164,100
2018 $10,524 $184,600 $20,500 $164,100
2017 $10,476 $184,600 $20,500 $164,100
2016 $10,249 $184,600 $20,500 $164,100
2015 $10,011 $184,600 $20,500 $164,100
2014 $10,072 $184,600 $20,500 $164,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    MARCEL A. OKORO

    EXIT REALTY LUCKY ASSOCIATES

  • D

    Seller's Agent in 2021

    Dwight Northover

    1-888-NJ-REALTY

    (973) 698-6218

    1 in this area

    22 Total Sales

    Dwight Northover
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Map

Source: Garden State MLS

MLS Number: 3778650

Garden State MLS

APN: 09-00198-01-00025

New Jersey Essex County Irvington 07111

12 Welland Ave, Irvington, NJ

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