Great opportunity to own this multifamily property to live in or as an investment in the very desirable North Newark area, close to Forest Hills section and Branch Brook Park. Great potential rental income. Very low taxes & extra deep lot, great for outdoor entertainment. Finished bsmnt with full bathroom, 2nd floor used together with 3rd floor.
This is a short sale subject 3rd party approval. Home is being sold as-is, where is condition with no warranties expressed or implied. Inspections are informational purposes only. There is a 3% or $10,000.00( whichever is greater) short sale fee paid by buyer. Buyer will be responsible for all FHA,VA or lender repairs needed for financing, if required. Please note that if the town requires a
Two family home with driveway and parking in a great location! First floor has large eat-in kitchen, living room, 3 bedrooms, and 2 full baths. Second floor consists of a kitchen, living room, 2 bedrooms, and a full bath. Partially finished basement with full bath. Separate utilities with 3 furnaces and 3 hot water tanks. Three gas and electric meters.
Large 2 Family offering large spaces with 3 floors of living area & 5-6 bedrooms. 1st floor apartment offers all large rooms including living room and EIK. Apartment 2 offers two large levels with 4-5 bedrooms, EIK, L/R, and 1.5 baths. Central Air, private yard, ideally located near schools, parks and major highways.
Parking inside a metal fence in front of the house gfor one or two cars. The first floor is a 3 room apartment. It includes heat, gas and electic. The basement is partically finished. There is a single elctric meter, gas meter, heater and hot water heater. Right across the street fron the Ridge Street Elementary School, A laundry area is in the basement and the washer and dryer do not work. The
Location! Location! Location! Prime location, surrounded by new development, particularly the recently developed 155-unit apartment complex. The 1st floor level is currently being used as a house of worship. The 2nd and 3rd levels, with separate entrances, are completely gutted and await your vision and design! The property needs work. Seller financing is available, ready to make a deal! Won't
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
Camacho Benito
$235,000
Rms Title Services Llc
Baeza Ivette
$125,000
None Available
Javier Juan E
$30,000
Fidelity Natl Title Ins Co
Hsbc Bank Usa Na
--
Chicago Title Insurance Co
Constante Diego Vinicio
--
None Available
Vallejo Holguer
$255,000
--
Palacios Cimeon
$150,000
--
Heldt Ingrid
$66,400
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Camacho Benito
$176,250
Previous Owner
Baeza Ivette
$122,735
Previous Owner
Javier Juan E
$30,000
Previous Owner
Vallejo Holguer
$51,000
Previous Owner
Vallejo Holguer
$204,000
Previous Owner
Palacios Cimeon
$7,500
Previous Owner
Palacios Cimeon
$135,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
04/02/202104/02/21
Sold
$235,000
+6.8%
$115 / Sq Ft
10/07/202010/07/20
Pending
--
--
--
09/23/202009/23/20
For Sale
$220,000
--
$108 / Sq Ft
Source: New Jersey MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 124 3rd Ave, Newark, NJ 07104 since 23 September 2020 and is currently estimated at $373,922, approximately $183 per square foot. 124 3rd Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First 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.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.