NOT LISTED FOR SALE

125 Columbia Ave Unit 2 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $488,000 - $709,000

4 Beds
2 Baths
-- Sq Ft
3,223 Sq Ft Lot

Highlights

  • Colonial Architecture
  • Formal Dining Room
  • Galley Kitchen
  • Property is near public transit
  • Detached Garage
  • Separate Shower in Primary Bathroom

About This Home

As of May 2023

Nicely renovated rental in Newark NJ. This second floor unit has two levels. The 1st level has 3 bedrooms, 1 full bathroom, living room, separate dining room, office and modern kitchen with stainless steel appliances. The second level has a 1 bedroom, Full bathroom and small eat in area. Words cannot describe, make an appointment to see. All of this within close proximity to public transportation and major highways.

Last Agent to Rent the Property

TONYNA MCGHEE

KELLER WILLIAMS ELITE REALTORS Listed on: 05/16/2023

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,801

Year Built

  • 1912

Lot Details

  • Lot Dimensions are 32.00 x 100.00

Home Design

  • Colonial Architecture

Interior Spaces

  • 3-Story Property
  • Decorative Fireplace
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Laminate Flooring
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Galley Kitchen
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Parking

  • Detached Garage
  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, hot water

Community Details

Overview

  • Association fees include water

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,801

Year Built

1912

Lot Details

0

Rental Info

  • Lease Term: 12 Months,2(+) Year Lease
  • Tenant Pays: All Utilities, See Remarks, Electricity, Gas, Hot Water

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size: 32.00 x 100.00
  • Subdivision Name: N/A
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 2nd Floor
  • Property Attached Yn: No
  • Building Stories: 3
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 3
  • Year Built: 1912

Interior Features

  • Bedroom/Bathroom Features: Stall Shower and Tub, Tub Shower
  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Separate Dining Area, Galley Type
  • Appliances: Refrigerator, Stove/Oven, Microwave Oven, Gas Water Heater
  • Has Basement: Full, Utility Room
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Kitchen, 4 Bedrooms, Living Room, Other Room(s), Dining Room, 1 Bedroom
  • Stories: 3

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit
  • Exterior Features: See Remarks

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Detached, On Street

Utilities

  • Gas Company: Natural Gas
  • Security: Smoke Detector(s)
  • Cooling: See Remarks
  • Heating: Baseboard Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs
  • Senior Community: No
  • HOA Rent Includes: Water
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2024
Sold by
Owhor Korto J and Owhor Elvis
Bought by
Balogun Oyindamola
Current Estimated Value
$627,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,750
Outstanding Balance
$548,452
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$39,956

Purchase Details

Closed on
Oct 9, 2020
Sold by
Ayj Columbia Llc
Bought by
Owhor Korto J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,932
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 2020
Sold by
Ayj Columbia Llc
Bought by
Owhor Korto J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,932
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 2005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
8.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
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.

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
Balogun Oyindamola $585,000 Stewart Title
Owhor Korto J $335,000 Fidelity National Ttl Ins Co
Owhor Korto J $335,000 Fidelity National Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balogun Oyindamola $555,750
Previous Owner Owhor Korto J $328,932
Previous Owner Owhor Korto J $328,932
Previous Owner Brown Lula $312,761
Previous Owner Brown Lula $39,650
Previous Owner Brown Lula $308,139
Previous Owner Brown Lula $303,586
Previous Owner Brown Lula $278,400
Previous Owner Brown Lula $239,000
Previous Owner -- $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Rented $2,500 0.0% --
05/16/2023 05/16/23 For Rent $2,500 -- --
Source: All Jersey 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 $9,801 $262,900 $17,100 $245,800
2024 $9,801 $262,900 $17,100 $245,800
2022 $9,822 $262,900 $17,100 $245,800
2021 $9,817 $262,900 $17,100 $245,800
2020 $5,084 $133,800 $17,100 $116,700
2019 $5,032 $133,800 $17,100 $116,700
2018 $4,941 $133,800 $17,100 $116,700
2017 $4,763 $133,800 $17,100 $116,700
2016 $4,603 $133,800 $17,100 $116,700
2015 $4,427 $133,800 $17,100 $116,700
2014 $4,149 $133,800 $17,100 $116,700
Source: Public Records

Agents Affiliated with this Home

  • TONYNA MCGHEE

    Landlord's Agent in 2023

    TONYNA MCGHEE

    KELLER WILLIAMS ELITE REALTORS

    (732) 218-2797

    17 Total Sales

    Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2312282R

All Jersey MLS

APN: 14-04033-0000-00017

New Jersey Essex County Newark 07106 Lower Vailsburg

125 Columbia Ave Unit 2, Newark, NJ

This home is located at 125 Columbia Ave Unit 2, Newark, NJ 07106 since 16 May 2023 and is currently priced at $588,408. This property was built in 1912. 125 Columbia Ave Unit 2 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne 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.

All Jersey MLS The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided.
Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved
The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.

Nearby Homes