NOT LISTED FOR SALE

126 Newark Ave Bloomfield, NJ 07003

Silver Lake Neighborhood

Estimated Value: $491,254 - $649,000

-- Bed
-- Bath
-- Sq Ft
0.35 Acres

Last Sold May 29, 2019

Last sale price $366,000

Est. 59% increase in value since last sale

Current estimated payment $4,180/month

6 Days on Market

About This Home

As of May 2019

This home is located at 126 Newark Ave, Bloomfield, NJ 07003 since 06 April 2019 and is currently estimated at $580,814. This property was built in 1885. 126 Newark Ave is a home located in Essex County with nearby schools including Berkeley School, Bloomfield Middle School, and Bloomfield High School.

Last Listed By

Sandra Velasquez

3SIXTY REALTY LLC Brokerage Phone: 973-253-2800 Listed on: 04/06/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,337

Year Built

  • 1885

Lot Details

  • 0.35 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,337

Year Built

1885

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 126
  • I D: 4885996
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-253-2800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1885

Lot Info

  • Lot Size: 50 X 308
  • Total Acres: 0.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2019
Closed on
May 21, 2019
Sold by
Chavez Leonore
Bought by
Valencia Manuel
Seller's Agent
Sandra Velasquez
3SIXTY REALTY LLC
Buyer's Agent
WILSON MERCHAN
MERCHAN TEAM REALTY LLC.
List Price
$385,000
Sold Price
$366,000
Premium/Discount to List
-$19,000
-4.94%
Total Days on Market
6
Current Estimated Value
$580,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,814
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Jun 20, 2007
Sold by
Mitchell Marvin and Mitchell Laverne
Bought by
Chavez Leonore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2003
Sold by
Mitchell Laverne
Bought by
Mitchell Marvin

Purchase Details

Closed on
Jan 5, 2000
Sold by
Mcdermott Peter
Bought by
Terry Laverne and Mitchell Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,593
Interest Rate
7.73%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 1992
Sold by
Mcdermott Peter J and Mcdermott Bernardine
Bought by
Mcdermott Peter J and Mcdermott Bernardine

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
Valencia Manuel $366,000 Prestige Title
Chavez Leonore $365,000 None Available
Mitchell Marvin -- --
Terry Laverne $167,000 --
Mcdermott Peter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chavez Leonor $346,200
Previous Owner Chavez Leonore $346,750
Previous Owner Mitchell Marvin $261,000
Previous Owner Terry Laverne $165,593
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2019 05/29/19 Sold $366,000 -4.9% --
04/12/2019 04/12/19 Pending -- -- --
04/06/2019 04/06/19 For Sale $385,000 -- --
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
2024 $11,337 $346,900 $124,100 $222,800
2022 $11,108 $346,900 $124,100 $222,800
2021 $10,903 $346,900 $124,100 $222,800
2020 $10,737 $346,900 $124,100 $222,800
2019 $10,538 $264,700 $129,200 $135,500
2018 $10,493 $264,700 $129,200 $135,500
2017 $10,334 $264,700 $129,200 $135,500
2016 $10,217 $264,700 $129,200 $135,500
2015 $10,125 $264,700 $129,200 $135,500
2014 $9,939 $264,700 $129,200 $135,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sandra Velasquez

    3SIXTY REALTY LLC

    (973) 337-7228

    55 Total Sales

    Sandra Velasquez
    Section Image

  • W

    Buyer's Agent in 2019

    WILSON MERCHAN

    MERCHAN TEAM REALTY LLC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3545907

Garden State MLS

APN: 02-00335-0000-00058

New Jersey Essex County Bloomfield 07003 Silver Lake

126 Newark Ave, Bloomfield, NJ

Homes for Sale in Bloomfield, NJ

This home is located at 126 Newark Ave, Bloomfield, NJ 07003 since 06 April 2019 and is currently estimated at $580,814. This property was built in 1885. 126 Newark Ave is a home located in Essex County with nearby schools including Berkeley School, Bloomfield Middle School, and Bloomfield High School.

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