$585,000
SOLD MAY 20, 2024

125 Columbia Ave Newark, NJ 07106

Lower Vailsburg Neighborhood
7 Beds
3 Baths
-- Sq Ft
3,202 Sq Ft Lot

Recently Sold

6% Above List Price

42 Days on Market

About This Home

As of May 2024

Recently renovated (2020). Multi-Family in Newark, boast 7 Bedrooms, 3 Full Baths. First floor consists of 3 bedrooms, 1 bath, living room, separate dining room with modern open kitchen with stainless steel appliances.Second floor has 4 bedrooms, 2 full baths, small office, living room, dining room and nice size kitchen. . Property is being sold AS IS. Inspections will be for informational purposes only. This property offers easy access to schools, parks, shopping, dining & public transportation. It's a good opportunity for investors or those seeking a income producing property. Showing will begin on 2/15/24

Last Agent to Sell the Property

Jorelle Green

Keller Williams Elite Realtors, LLC Listed on: 02/09/2024

Keller Williams Elite Realtors, LLC

Last Buyer's Agent

Brooke Davis

Brice Homes

Brice Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,822

Lot Details

  • 3,202 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00017 / 04033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,822

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: (732) 549-1998
  • MLS Status: Sold - Sold
  • Directions: Use Gps
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 7

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 3202.0

Tax Info

  • Tax Annual Amount: 9822.0
  • Tax Block: 04033
  • Tax Lot: 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Apr 10, 2024
Sold by
Owhor Korto J and Owhor Elvis
Bought by
Balogun Oyindamola
Seller's Agent
Jorelle Green
Keller Williams Elite Realtors, LLC
Buyer's Agent
Brooke Davis
Brice Homes
List Price
$550,000
Sold Price
$585,000
Premium/Discount to List
$35,000
6.36%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$555,750
Outstanding Balance
$547,430
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$82,452

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:

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ICE

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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 Type Sale Price Title Company
Deed $585,000 Stewart Title
Deed $335,000 Fidelity National Ttl Ins Co
Deed $335,000 Fidelity National Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $555,750 New Conventional
Previous Owner $328,932 FHA
Previous Owner $328,932 FHA
Previous Owner $312,761 FHA
Previous Owner $39,650 Stand Alone Second
Previous Owner $308,139 FHA
Previous Owner $303,586 FHA
Previous Owner $278,400 Unknown
Previous Owner $239,000 Adjustable Rate Mortgage/ARM
Previous Owner $208,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 For Rent $2,700 0.0% --
05/20/2024 05/20/24 Sold $585,000 +6.4% --
04/25/2024 04/25/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $550,000 -6.0% --
02/17/2024 02/17/24 Off Market $585,000 -- --
11/01/2019 11/01/19 Sold $163,000 -4.1% --
10/16/2019 10/16/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $170,000 -- --
Source: New 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

  • L

    Seller's Agent in 2025

    LAURY HENRY

    ELITE REALTORS OF NEW JERSEY

  • Jorelle Green

    Seller's Agent in 2024

    Jorelle Green

    Keller Williams Elite Realtors, LLC

    (732) 596-7553

    3 in this area

    22 Total Sales

    Jorelle Green
    Section Image

  • B

    Buyer's Agent in 2024

    Brooke Davis

    Brice Homes

    (313) 670-5319

    1 in this area

    3 Total Sales

    Brooke Davis
    Section Image
  • Sandra Page

    Seller's Agent in 2019

    Sandra Page

    RE/MAX

    (551) 206-6502

    1 in this area

    10 Total Sales

    Sandra Page
    Section Image

  • L

    Seller Co-Listing Agent in 2019

    LIM BANCES

    LIM BANCES REALTY

See All Agents

Map

Source: New Jersey MLS

MLS Number: 24004588

New Jersey MLS

APN: 14-04033-0000-00017

New Jersey Essex County Newark 07106 Lower Vailsburg

125 Columbia Ave, Newark, NJ

This home is located at 125 Columbia Ave, Newark, NJ 07106 and is currently priced at $585,000. 125 Columbia Ave 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.

New Jersey MLS 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.

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