NOT LISTED FOR SALE

122 Palm St Unit 124 Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $741,891 - $865,000

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

Last Sold March 16, 2021

Last sale price $515,000

Est. 54% increase in value since last sale

Current estimated payment $5,602/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 $792,973. 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

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,773

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

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%
Current Estimated Value
$792,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,973
Avg. Annual Appreciation
10.11%
Original Mortgage
$505,672
Outstanding Balance
$454,328
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$338,645

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

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
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% --
03/10/2021 03/10/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $524,900 0.0% --
10/20/2020 10/20/20 Pending -- -- --
07/10/2020 07/10/20 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
2025 $15,773 $423,100 $16,300 $406,800
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

    54 Total Sales

    Mario Espada
    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

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 $792,973. 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.

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