$430,000
SOLD DEC 11, 2024
-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Recently Sold

4% Below List Price

57 Days on Market

About This Home

As of December 2024

This home is located at 124 Mapes Ave, Newark, NJ 07112 and is currently priced at $430,000. This property was built in 1922. 124 Mapes Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Last Agent to Sell the Property

EYAL LEVY

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 201-939-0050 Listed on: 09/18/2024

Last Buyer's Agent

EYAL LEVY

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 201-939-0050 Listed on: 09/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,282

Year Built

  • Built in 1922

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,282

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Essex
  • Street Number Display: 124
  • I D: 5313724
  • Modified: 2024-12-12
  • Number Images: 1
  • Attribution Contact: 201-939-0050
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 35X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Dec 8, 2024
Sold by
124 Mapes Llc
Bought by
124 Mapes Ave Llc
Seller's Agent
EYAL LEVY
KELLER WILLIAMS PARK VIEWS
Buyer's Agent
EYAL LEVY
KELLER WILLIAMS PARK VIEWS
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%
Views
31
Current Estimated Value
$458,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,537
Avg. Annual Appreciation
9.76%
Original Mortgage
$655,000
Interest Rate
6.69%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 26, 2024
Sold by
Bh Investors Llc
Bought by
124 Mapes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2000
Sold by
Smith Hattie
Bought by
Ragland Aliceteen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,847
Interest Rate
7.14%
Mortgage Type
FHA
Source: Public Records

Similar Homes in Newark, NJ

  • 90-92 Willoughby St, Newark, NJ 07112

    $400,000

    • 2 Beds
    • 1 Bath
    • 90-92 Willoughby St
    • Newark, NJ

    This four-family property located in the bustling heart of Newark, New Jersey, offers a unique investment opportunity with substantial income potential. Each unit features two bedrooms and one bathroom, boasting spacious layouts and modern amenities. l. Conveniently situated near public transportation, local shops, and essential services, this property promises a steady rental market. The

    CHRISTOPHER VELASTEGUI Keller Williams City Views Realty

    Section Image
  • 37 Adams St, Newark, NJ 07105

    $449,000

    • 1 Bed
    • 2 Baths
    • 37 Adams St
    • Newark, NJ

    ATTENTION INVESTORS! Welcome to 37 Adams Street, a 2-family property currently being utilized as a single-family home.

    STEPHANIE ESPADA NEW DIRECTION REALTY

    Section Image
  • 81 Waydell St, Newark, NJ 07105

    $455,000

    • 2 Beds
    • 2 Baths
    • 81 Waydell St
    • Newark, NJ

    Welcome to this well-maintained legal 2-family home offering exceptional versatility and value! The first floor features one bedroom, a cozy living room with ceiling fans, a spacious eat-in kitchen, a full bathroom, a laundry area, and direct access to the backyard ideal for relaxing or entertaining. The second floor, currently tenant-occupied, includes a charming studio-style bedroom, an eat-in

    Carlos Soares C-21 SEMIAO & ASSOCIATES

    Section Image

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 Type Sale Price Title Company
Deed $430,000 None Listed On Document
Deed $500,000 Stewart Title
Deed $100,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $618,750 New Conventional
Closed $655,000 Construction
Closed $615,000 Construction
Previous Owner $375,000 New Conventional
Previous Owner $474,500 Construction
Previous Owner $552,000 Construction
Previous Owner $99,847 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $430,000 -4.2% --
11/14/2024 11/14/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $449,000 -- --
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 $6,282 $168,500 $28,800 $139,700
2024 $6,282 $168,500 $28,800 $139,700
2022 $6,295 $168,500 $28,800 $139,700
2021 $6,292 $168,500 $28,800 $139,700
2020 $6,403 $168,500 $28,800 $139,700
2019 $6,337 $168,500 $28,800 $139,700
2018 $6,223 $168,500 $28,800 $139,700
2017 $5,999 $168,500 $28,800 $139,700
2016 $5,796 $168,500 $28,800 $139,700
2015 $5,576 $168,500 $28,800 $139,700
2014 $5,225 $168,500 $28,800 $139,700
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Garden State MLS

MLS Number: 3924809

Garden State MLS

APN: 14-03663-0000-00015