NOT LISTED FOR SALE

14 Speedway Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $526,000 - $783,000

-- Bed
-- Bath
3,468 Sq Ft
$197/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $520,000 $150 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,485/month

56 Days on Market

About This Home

As of August 2021

This home is located at 14 Speedway Ave, Newark, NJ 07106 since 23 April 2021 and is currently estimated at $681,575, approximately $196 per square foot. This property was built in 1912. 14 Speedway Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Mt. Vernon School.

Last Agent to Sell the Property

Nancy Rodriguez

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 04/23/2021

Last Buyer's Agent

DOMINGO SEVERINO

LIFESTYLE INTERNATIONAL REALTY

LIFESTYLE INTERNATIONAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,600

Year Built

  • Built in 1912

Lot Details

  • 33 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,600

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • County Name: Essex
  • Street Number Display: 14
  • I D: 5065746
  • Modified: 2022-08-07
  • Number Images: 1
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33.8X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Aug 4, 2021
Sold by
Ortiz Wilton and Almonte Cecilia J
Bought by
Made Rafael and Melo Edward A
Seller's Agent
Nancy Rodriguez
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
DOMINGO SEVERINO
LIFESTYLE INTERNATIONAL REALTY
List Price
$449,900
Sold Price
$520,000
Premium/Discount to List
$70,100
15.58%
Current Estimated Value
$681,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,575
Avg. Annual Appreciation
7.32%
Original Mortgage
$510,581
Outstanding Balance
$466,275
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$227,522

Purchase Details

Closed on
Jan 6, 2017
Sold by
Ventura Sammy
Bought by
Ortiz Wilton and Almonte Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 2009
Sold by
U S Bank National Association
Bought by
Ventura Sammy

Purchase Details

Closed on
Oct 15, 2009
Sold by
Fontin Yvrose
Bought by
Us Bank National Association

Purchase Details

Closed on
May 26, 2006
Sold by
Ryan Patrick
Bought by
Fontin Yvrose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2005
Sold by
Brooks Kevin
Bought by
Ryan Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.72%

Purchase Details

Closed on
Jan 30, 2004
Sold by
Edwards Earl
Bought by
Brooks Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.8%

Purchase Details

Closed on
Nov 8, 1999
Sold by
City Of Newark
Bought by
Edwards Earl
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
Made Rafael $520,000 Foundation Title Llc
Ortiz Wilton $345,000 Closing Partner Llc
Ventura Sammy $36,000 Multiple
Us Bank National Association -- None Available
Us Bank National Association -- Land Title Svcs Of Nj Inc
Fontin Yvrose $360,000 --
Ryan Patrick $275,000 --
Brooks Kevin $225,000 --
Edwards Earl $10,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Made Rafael A $22,695
Open Made Rafael A $87,427
Open Made Rafael $510,581
Previous Owner Ortiz Wilton $338,751
Previous Owner Fontin Yvrose $252,000
Previous Owner Ryan Patrick $315,000
Previous Owner Brooks Kevin $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $520,000 +15.6% $150 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $449,900 0.0% $130 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/02/2021 05/02/21 For Sale $449,900 -- $130 / Sq Ft
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 $9,600 $257,500 $20,800 $236,700
2024 $9,600 $257,500 $20,800 $236,700
2022 $9,620 $257,500 $20,800 $236,700
2021 $7,169 $192,000 $21,200 $170,800
2020 $7,296 $192,000 $21,200 $170,800
2019 $7,221 $192,000 $21,200 $170,800
2018 $7,091 $192,000 $21,200 $170,800
2017 $6,835 $192,000 $21,200 $170,800
2016 $6,605 $192,000 $21,200 $170,800
2015 $6,353 $192,000 $21,200 $170,800
2014 $5,954 $192,000 $21,200 $170,800
Source: Public Records

Agents Affiliated with this Home

  • Nancy Rodriguez

    Seller's Agent in 2021

    Nancy Rodriguez

    NICHOLAS REAL ESTATE AGENCY

    (973) 520-0904

    1 in this area

    88 Total Sales

    Nancy Rodriguez
    Section Image

  • D

    Buyer's Agent in 2021

    DOMINGO SEVERINO

    LIFESTYLE INTERNATIONAL REALTY

    2 in this area

    42 Total Sales

    DOMINGO SEVERINO
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3707235

Garden State MLS

APN: 14-04004-0000-00009

New Jersey Essex County Newark 07106 Lower Vailsburg

14 Speedway Ave, Newark, NJ

This home is located at 14 Speedway Ave, Newark, NJ 07106 since 23 April 2021 and is currently estimated at $681,575, approximately $196 per square foot. This property was built in 1912. 14 Speedway Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Mt. Vernon School.

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