NOT LISTED FOR SALE

151 Mount Prospect Ave Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $520,789 - $606,000

Studio
-- Bath
-- Sq Ft
1,742 Sq Ft Lot Lot

Sale Details

Date Sold: November 13, 2023

Last sale price $489,000

Est. 17% increase in value since last sale

Current estimated payment $3,795 / mo

56 Days on Market

About This Home

As of November 2023

This home is located at 151 Mount Prospect Ave, Newark, NJ 07104 since 10 August 2023 and is currently estimated at $572,697. 151 Mount Prospect Ave is a home located in Essex County with nearby schools including Franklin School, Dr. William H. Horton School, and Rafael Hernandez School.

Last Agent to Sell the Property

Kary Carl

KELLER WILLIAMS MID-TOWN DIRECT Brokerage Phone: 973-467-6767 Listed on: 08/10/2023

KELLER WILLIAMS MID-TOWN DIRECT

Last Buyer's Agent

JOSE FERREIRA

EXIT REALTY LUCKY ASSOCIATES

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1,742 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

1,742 Sq Ft Lot

Listing Details

  • County Name: Essex
  • I D: 5238370
  • Attribution Contact: 973-467-6767
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 18.9X100
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Nov 7, 2023
Sold by
151 Mt Prospect Llc
Bought by
Inamagua Manuel Salvador
Seller's Agent
Kary Carl
KELLER WILLIAMS MID-TOWN DIRECT
Buyer's Agent
JOSE FERREIRA
EXIT REALTY LUCKY ASSOCIATES
List Price
$489,000
Sold Price
$489,000
Views
82
Current Estimated Value
$572,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,697
Avg. Annual Appreciation
6.55%
Original Mortgage
$480,142
Outstanding Balance
$471,750
Interest Rate
7.49%
Mortgage Type
FHA
Estimated Equity
$100,947

Purchase Details

Closed on
Aug 8, 2020
Sold by
Alvarado Charlie
Bought by
151 Mt Prospect Llc

Purchase Details

Closed on
Aug 20, 2002

Purchase Details

Closed on
Sep 19, 1997
Sold by
Essex Equity
Bought by
Solis Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.17%

Purchase Details

Closed on
Mar 15, 1993
Sold by
Gonzalez Richard
Bought by
Essex Equities Corp

Purchase Details

Closed on
Feb 22, 1993
Sold by
Chemical Bank
Bought by
Gonzalez Richard

Purchase Details

Closed on
Aug 17, 1992
Sold by
Fontoura Armando B Sheriff
Bought by
Chemical Bank

Purchase Details

Closed on
Aug 9, 1989
Sold by
Malik Samir B
Bought by
Shenouda Magdy B

Purchase Details

Closed on
Mar 22, 1989
Sold by
Leone Gaetano Thomas and Leone Esther
Bought by
Malik Samir B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Inamagua Manuel Salvador $489,000 Foundation Title
151 Mt Prospect Llc $5,000 Clear Skies Title Agency
-- $115,000 --
Solis Jose $35,000 --
Essex Equities Corp -- --
Gonzalez Richard $20,000 --
Chemical Bank $100 --
Shenouda Magdy B $115,000 --
Malik Samir B $62,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Inamagua Manuel Salvador $480,142
Previous Owner Solis Jose $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2023 11/13/23 Sold $489,000 0.0% --
10/05/2023 10/05/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $489,000 -- --
Source: Garden State MLS

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 $8,861 $233,000 $19,500 $213,500
2024 $3,266 $87,600 $19,500 $68,100
2023 $3,273 $87,600 $19,500 $68,100
2022 $3,273 $87,600 $19,500 $68,100
2021 $3,271 $87,600 $19,500 $68,100
2020 $3,329 $87,600 $19,500 $68,100
2019 $3,295 $87,600 $19,500 $68,100
2018 $3,235 $87,600 $19,500 $68,100
2017 $3,119 $87,600 $19,500 $68,100
2016 $3,013 $87,600 $19,500 $68,100
2015 $2,899 $87,600 $19,500 $68,100
2014 $2,716 $87,600 $19,500 $68,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kary Carl

    KELLER WILLIAMS MID-TOWN DIRECT

    (516) 451-3642

    1 in this area

    21 Total Sales

    Kary Carl
    Section Image

  • J

    Buyer's Agent in 2023

    JOSE FERREIRA

    EXIT REALTY LUCKY ASSOCIATES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3859000

Garden State MLS

APN: 14-00511-0000-00037

New Jersey Essex County Newark 07104 Seventh Avenue

151 Mount Prospect Ave, Newark, NJ

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