NOT LISTED FOR SALE

125 3rd Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $552,000 - $791,000

3 Beds
1.5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold April 10, 2018

Last sale price $120,000

Est. 359% increase in value since last sale

Current estimated payment $3,645/month

1,368 Days on Market

Highlights

  • 0.11 Acre Lot
  • Colonial Architecture
  • Eat-In Kitchen

About This Home

As of April 2018

Short Sale being sold "as-is' property needs updating and TLC. Offering three bedrooms spacious rooms through out. Buyer responsible for all lender/city repairs required prior to closing. Buyer responsible for certificate of occupancy, sale is subject to third party approval.

Last Agent to Sell the Property

Jorge Velasquez

RE/MAX PROFESSIONALS I Listed on: 09/30/2013

Last Buyer's Agent

ASCENSAO H. GUTIERREZ

RE/MAX PROFESSIONALS I

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,503

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Colonial Architecture
  • Aluminum Siding

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Utilities

  • Window Unit Cooling System
  • Underground Utilities

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1614-00560-0000-00036-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,503

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 125-127
  • Directions: Summer Ave to 3rd Ave.
  • I D: 4392896
  • Modified: 2021-09-23
  • Number Images: 1
  • First Name: JORGE
  • First Name3: ASCENSAO H.
  • Last Name: VELASQUEZ
  • Last Name3: GUTIERREZ
  • Office Phone: 973-450-4000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven-Gas
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Phone: 973-450-4000

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Available
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 32X145.8
  • Assessed Improvement Value: 157300
  • Assessed Land Value: 45500
  • Assessment: 202800
  • Lot Identifier: 36
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6503
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00560-0000-00036-0000-
  • Tax Rate Amount: 3.452
  • Tax Rate Tax: *
  • Tax Rate Year: 2012
  • Tax Year Tax: *
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2025
Sold by
285 Smith Villa Llc
Bought by
Machasilla Manuel Quinde
Current Estimated Value
$550,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$438,507
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$195,348

Purchase Details

Closed on
Apr 22, 2014
Sold by
Bermudez Jose and Bermudez Iris
Bought by
Bermudez Abigail

Purchase Details

Closed on
Sep 21, 2007
Sold by
Bermudez Abigail
Bought by
Bermudez Bermudez Jose L Jose L and Bermudez Roman Iris

Purchase Details

Closed on
May 11, 2007
Sold by
Bermudez Jose L and Bermudez Iris D
Bought by
Bermudez Abigail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 16, 1994
Sold by
Rivera Marcelino
Bought by
Santiago Rivera M and Santiago Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.38%
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 Buyer Sale Price Title Company
Machasilla Manuel Quinde -- Nu World Title
Bermudez Abigail $130,000 --
Bermudez Bermudez Jose L Jose L -- None Available
Bermudez Abigail $350,000 Independence Abstract & Titl
Santiago Rivera M $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Machasilla Manuel Quinde $440,000
Previous Owner Bermudez Abigail $262,500
Previous Owner Bermudez Jose L $195,000
Previous Owner Bermudez Jose L $45,000
Previous Owner Bermudez Jose L $200,000
Previous Owner Santiago Rivera M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2018 04/10/18 Sold $120,000 -4.3% --
06/29/2017 06/29/17 Pending -- -- --
09/30/2013 09/30/13 For Sale $125,400 -- --
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 $7,560 $269,400 $45,500 $223,900
2024 $7,560 $202,800 $45,500 $223,900
2022 $7,577 $202,800 $0 $0
2021 $7,573 $202,800 $0 $0
2020 $7,706 $202,800 $0 $0
2019 $7,627 $202,800 $45,500 $157,300
2018 $7,489 $202,800 $45,500 $157,300
2017 $7,220 $202,800 $45,500 $157,300
2016 $6,976 $202,800 $45,500 $157,300
2015 $6,711 $202,800 $45,500 $157,300
2014 $6,289 $202,800 $45,500 $157,300
Source: Public Records

Agents Affiliated with this Home

  • Jorge Velasquez

    Seller's Agent in 2018

    Jorge Velasquez

    RE/MAX

    (973) 418-0425

    6 in this area

    225 Total Sales

    Section Image

  • A

    Buyer's Agent in 2018

    ASCENSAO H. GUTIERREZ

    RE/MAX

See All Agents

Map

Source: Garden State MLS

MLS Number: 3090629

Garden State MLS

APN: 14-00560-0000-00036

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

125 3rd Ave, Newark, NJ

This home is located at 125 3rd Ave, Newark, NJ 07104 since 30 September 2013 and is currently estimated at $633,855. This property was built in 1940. 125 3rd Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

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