NOT LISTED FOR SALE

124 Osborne Terrace Unit 3 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $662,000 - $763,000

2 Beds
1 Bath
2,748 Sq Ft
$255/Sq Ft Est. Value

About This Home

This home is located at 124 Osborne Terrace Unit 3, Newark, NJ 07108 and is currently estimated at $700,845, approximately $255 per square foot. 124 Osborne Terrace Unit 3 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Peshine Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2020
Sold by
Moc Osborne Terrace Llc
Bought by
Toussaint Olriche and Joseph-Toussaint Juliette
Current Estimated Value
$700,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2014
Sold by
Newark Multifamily Portfolio I Llc
Bought by
Estinval Jean R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
4.36%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2010
Sold by
Franklin Joaquin and Escorbores Marino
Bought by
New Horizon Solutions Llc and Equity Investments

Purchase Details

Closed on
Jan 5, 2010
Sold by
New Horizon Solutions Llc
Bought by
Newark Multifamily Portfolio I Llc

Purchase Details

Closed on
Jun 4, 2008
Sold by
Orange Tree Properties Llc
Bought by
Franklin Joaquin and Escorbores Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,365
Interest Rate
6.1%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2007
Sold by
Phoenix Investment Group & Services Llc
Bought by
Orange Tree Properties Llc

Purchase Details

Closed on
Apr 25, 2006
Sold by
Marshall Frederick
Bought by
Phoenix Investment Grp & Svc L
Source: Public Records

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.

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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

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.

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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.

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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
Toussaint Olriche $400,000 Foundation Title
Estinval Jean R -- None Available
New Horizon Solutions Llc $47,500 Journeyman Title Agency Inc
Newark Multifamily Portfolio I Llc $47,500 Journeyman Title Agency Inc
Franklin Joaquin $300,000 First American Title Ins Co
Orange Tree Properties Llc -- None Available
Phoenix Investment Grp & Svc L $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toussaint Olriche $27,099
Closed Toussaint Olriche $13,043
Closed Toussaint Olriche $19,470
Open Toussaint Olriche $393,964
Closed Toussaint Olriche $392,755
Previous Owner Moc Osborne Terrace Llc $28,000,000
Previous Owner Moc Osborne Terrace Llc $215,500
Previous Owner Estinval Jean R $270,019
Previous Owner Franklin Joaquin $295,365
Previous Owner Orange Tree Properties Llc $1,000,000
Previous Owner Phoenix Investment Group & Services Llc $91,500
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 $10,953 $293,800 $17,900 $275,900
2024 $10,953 $293,800 $17,900 $275,900
2022 $10,976 $293,800 $17,900 $275,900
2021 $10,970 $293,800 $17,900 $275,900
2020 $6,563 $172,700 $17,900 $154,800
2019 $6,495 $172,700 $17,900 $154,800
2018 $6,378 $172,700 $17,900 $154,800
2017 $6,148 $172,700 $17,900 $154,800
2016 $5,941 $172,700 $17,900 $154,800
2015 $5,715 $172,700 $17,900 $154,800
2014 $5,355 $172,700 $17,900 $154,800
Source: Public Records

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