NOT LISTED FOR SALE

122 Palm St Unit 124 Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $741,375 - $936,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold March 16, 2021

Last sale price $515,000

Est. 66% increase in value since last sale

Current estimated payment $6,124/month

243 Days on Market

About This Home

As of March 2021

This home is located at 122 Palm St Unit 124, Newark, NJ 07106 since 10 July 2020 and is currently estimated at $856,844. This property was built in 2021. 122 Palm St Unit 124 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Mario Espada

RE/MAX SELECT Brokerage Phone: 973-741-3000 Listed on: 07/10/2020

Co-Listed By

Filipe Carvalho

COLDWELL BANKER REALTY Brokerage Phone: 973-741-3000

Last Buyer's Agent

ELIZABETH A. QUAICOE

ASANTE REALTY GROUP LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,773

Year Built

  • 2021

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,773

Year Built

2021

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 122
  • I D: 4997688
  • Modified: 2022-03-17
  • Number Images: 1
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 2021

Lot Info

  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Mar 9, 2021
Sold by
Jfl Developers Llc
Bought by
Boampong Charles Joe and Mensah Judith Abra
Seller's Agent
Mario Espada
RE/MAX SELECT
Buyer's Agent
ELIZABETH A. QUAICOE
ASANTE REALTY GROUP LLC
List Price
$524,900
Sold Price
$515,000
Premium/Discount to List
-$9,900
-1.89%
Total Days on Market
243
Current Estimated Value
$856,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,844
Avg. Annual Appreciation
12.85%
Original Mortgage
$505,672
Outstanding Balance
$457,400
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$399,444

Purchase Details

Closed on
Dec 13, 2019
Sold by
Brucale Ronald
Bought by
Jfl Developers Llc

Purchase Details

Closed on
Jul 3, 1984
Bought by
Brucale Ronald
Source: Public Records

Similar Home in Newark, NJ

  • 61-63 Wainwright St, Newark, NJ 07112

    $669,999

    • Studio
    • 3,222 Sq Ft
    • 61-63 Wainwright St
    • Newark, NJ

    Are you seeking to owner-occupy or rent an income producing property? this is the perfect opportunity to do BOTH. This property has low taxes $7,073. The property has separate entrances. There are separate electrical panels, hot water heaters and furnaces for each unit of the home. The location is conveniently located near route 78,GSP, Newark Airport, schools and transportation. This

    Sylvia Robinson-Boyer HomeSmart First Advantage Realty

    Section Image
See All Homes in Newark

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Boampong Charles Joe $515,000 Clear Skies Title
Jfl Developers Llc $100,000 None Available
Brucale Ronald $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boampong Charles Joe $505,672
Previous Owner Oak Style Developers Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $515,000 -1.9% --
03/16/2021 03/16/21 Sold $525,000 0.0% --
03/10/2021 03/10/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $524,900 0.0% --
10/20/2020 10/20/20 Pending -- -- --
10/20/2020 10/20/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $524,900 0.0% --
06/18/2020 06/18/20 For Sale $524,900 -- --
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
2024 $15,773 $423,100 $16,300 $406,800
2022 $609 $16,300 $16,300 $0
2021 $609 $16,300 $16,300 $0
2020 $4,511 $118,700 $19,400 $99,300
2019 $4,464 $118,700 $19,400 $99,300
2018 $4,384 $118,700 $19,400 $99,300
2017 $4,226 $118,700 $19,400 $99,300
2016 $4,083 $118,700 $19,400 $99,300
2015 $3,928 $118,700 $19,400 $99,300
2014 $3,681 $118,700 $19,400 $99,300
Source: Public Records

Agents Affiliated with this Home

  • Mario Espada

    Seller's Agent in 2021

    Mario Espada

    RE/MAX SELECT

    (973) 715-9501

    2 in this area

    56 Total Sales

    Mario Espada
    Section Image
  • Augusto Verissimo

    Seller's Agent in 2021

    Augusto Verissimo

    Weichert Home City Realty

    (973) 420-5317

    2 in this area

    217 Total Sales

    Augusto Verissimo
    Section Image
  • Filipe Carvalho

    Seller Co-Listing Agent in 2021

    Filipe Carvalho

    COLDWELL BANKER REALTY

    (908) 403-5884

    2 in this area

    4 Total Sales

    Filipe Carvalho
    Section Image

  • E

    Buyer's Agent in 2021

    ELIZABETH A. QUAICOE

    ASANTE REALTY GROUP LLC

  • O

    Buyer's Agent in 2021

    Outside Agent

    Outside Office

See All Agents

Map

Source: Garden State MLS

MLS Number: 3647215

Garden State MLS

APN: 14-04199-0000-00137

New Jersey Essex County Newark 07106 Upper Vailsburg

122 Palm St Unit 124, Newark, NJ

This home is located at 122 Palm St Unit 124, Newark, NJ 07106 since 10 July 2020 and is currently estimated at $856,844. This property was built in 2021. 122 Palm St Unit 124 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes