NOT LISTED FOR SALE

123 Palm St Unit 1 Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $419,000 - $509,000

2 Beds
1 Bath
1,600 Sq Ft
$281/Sq Ft Est. Value

About This Home

This home is located at 123 Palm St Unit 1, Newark, NJ 07106 and is currently estimated at $448,818, approximately $280 per square foot. 123 Palm St Unit 1 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2020
Sold by
123 Palm Street Investment Llc
Bought by
Gibbs Tyrell M
Current Estimated Value
$448,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,964
Interest Rate
2.73%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2019
Sold by
123 Palm Street Llc
Bought by
123 Palm Street Invest

Purchase Details

Closed on
Nov 24, 1998
Sold by
Koenig Gerald
Bought by
Thomas Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.67%

Purchase Details

Closed on
Aug 14, 1998
Sold by
Podhradsky Henry
Bought by
Koenig Gerald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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First American

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Quantarium

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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
Gibbs Tyrell M $278,000 Stewart Title Guaranty Co
123 Palm Street Invest $195,000 Belmont Title And Settlement
Thomas Sheila $120,000 --
Koenig Gerald J $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibbs Tyrell M $272,964
Previous Owner Thomas Sheila $96,000
Previous Owner Koenig Gerald J $63,000
Source: Public Records

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 $5,227 $140,200 $16,300 $123,900
2024 $5,227 $140,200 $16,300 $123,900
2022 $5,238 $140,200 $16,300 $123,900
2021 $5,235 $140,200 $16,300 $123,900
2020 $5,328 $140,200 $16,300 $123,900
2019 $3,603 $95,800 $16,300 $79,500
2018 $3,538 $95,800 $16,300 $79,500
2017 $3,410 $95,800 $16,300 $79,500
2016 $3,296 $95,800 $16,300 $79,500
2015 $3,170 $95,800 $16,300 $79,500
2014 $2,971 $95,800 $16,300 $79,500
Source: Public Records

Map

New Jersey Essex County Newark 07106 Upper Vailsburg

123 Palm St Unit 1, Newark, NJ

Not Listed for Sale

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