$350,000
SOLD FEB 7, 2025

122 Vermont Ave Unit 124 Newark, NJ 07106

Lower Vailsburg Neighborhood
3 Beds
2 Baths
1,278 Sq Ft
43 Sq Ft Lot

Recently Sold

$274 Per Sq Ft

6% Above List Price

38 Days on Market

About This Home

As of February 2025

This home is located at 122 Vermont Ave Unit 124, Newark, NJ 07106 and is currently priced at $350,000, approximately $273 per square foot. This property was built in 1930. 122 Vermont Ave 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

Amity Morales

WEICHERT REALTORS Brokerage Phone: 732-494-6800 Listed on: 10/15/2024

WEICHERT REALTORS

Co-Listed By

Frances Gratacos

WEICHERT REALTORS Brokerage Phone: 732-494-6800

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,817

Year Built

  • Built in 1930

Lot Details

  • 43 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,817

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • County Name: Essex
  • Street Number Display: 122
  • I D: 5317814
  • Modified: 2025-05-06
  • Number Images: 0
  • Attribution Contact: 732-494-6800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 43.4X100
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Jan 16, 2025
Sold by
Duke Erlinda L and Bueta Jayson
Bought by
Ayora Efren Geovanny Ten
Seller's Agent
Amity Morales
WEICHERT REALTORS
List Price
$330,000
Sold Price
$350,000
Premium/Discount to List
$20,000
6.06%
Views
129
Current Estimated Value
$354,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,533
Avg. Annual Appreciation
2.10%
Original Mortgage
$280,000
Outstanding Balance
$275,871
Interest Rate
1.8%
Mortgage Type
New Conventional
Estimated Equity
$78,662

Purchase Details

Closed on
Apr 1, 2014
Sold by
Desai Dipen
Bought by
Duke Erlinda

Purchase Details

Listed on
Jun 6, 2012
Closed on
Apr 17, 2012
Sold by
Rivera Kelly Espana and Rivera Carlos
Bought by
Desai Dipen
Sold Price
$23,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.81%

Purchase Details

Closed on
Oct 26, 2010
Sold by
Johnson Georandy M
Bought by
Rivera Kelly Espana

Purchase Details

Closed on
Oct 24, 2002
Sold by
Watts Earl
Bought by
Phelps Ida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,910
Interest Rate
6.2%
Mortgage Type
FHA
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 Type Sale Price Title Company
Deed $350,000 American Land Title
Deed $142,500 --
Bargain Sale Deed $23,000 None Available
Bargain Sale Deed $30,000 None Available
Deed $103,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $136,911 Stand Alone Refi Refinance Of Original Loan
Previous Owner $140,000 Unknown
Previous Owner $99,910 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $350,000 +6.1% $274 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $330,000 +1334.8% $258 / Sq Ft
06/06/2012 06/06/12 Sold $23,000 -- $18 / Sq Ft
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 $4,817 $129,200 $18,100 $111,100
2024 $4,817 $129,200 $18,100 $111,100
2022 $4,827 $129,200 $18,100 $111,100
2021 $4,824 $129,200 $18,100 $111,100
2020 $4,910 $129,200 $18,100 $111,100
2019 $4,859 $129,200 $18,100 $111,100
2018 $4,771 $129,200 $18,100 $111,100
2017 $4,600 $129,200 $18,100 $111,100
2016 $4,444 $129,200 $18,100 $111,100
2015 $4,275 $129,200 $18,100 $111,100
2014 $4,006 $129,200 $18,100 $111,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3929385

Garden State MLS

APN: 14-04036-0000-00053