NOT LISTED FOR SALE

159 Sherman Ave Newark, NJ 07114

South Broad Valley Neighborhood

Estimated Value: $731,005 - $849,000

Studio
5 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold July 21, 2017

Last sale price $370,000

Est. 122% increase in value since last sale

Current estimated payment $5,404/month

63 Days on Market

About This Home

As of July 2017

This home is located at 159 Sherman Ave, Newark, NJ 07114 since 06 March 2017 and is currently estimated at $786,501. This property was built in 2008. 159 Sherman Ave is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

Jonathan Greene

STREAMLINE Brokerage Phone: 973-376-8188 Listed on: 03/06/2017

Co-Listed By

CAROLINE GOSSELIN

EXP REALTY, LLC Brokerage Phone: 973-376-8188

Last Buyer's Agent

Jonathan Greene

STREAMLINE Brokerage Phone: 973-376-8188 Listed on: 03/06/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2008

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Year Built: 2008
  • County Name: Essex
  • I D: 4694041
  • Attribution Contact: 973-376-8188
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Jul 21, 2017
Sold by
Margolang Zackaria and Mangklakheeree Sudarat
Bought by
Xu Bao
Seller's Agent
Jonathan Greene
STREAMLINE
Buyer's Agent
Jonathan Greene
STREAMLINE
List Price
$390,000
Sold Price
$370,000
Premium/Discount to List
-$20,000
-5.13%
Current Estimated Value
$821,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,549
Avg. Annual Appreciation
9.25%
Original Mortgage
$260,000
Outstanding Balance
$215,551
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$570,950

Purchase Details

Closed on
Jun 20, 2016
Sold by
Kone Yaya and Mangklaheere Sudarat
Bought by
Margolang Zackaria and Mangklaheere Sudarat

Purchase Details

Closed on
May 1, 2008
Sold by
Lilac Development Group Llc
Bought by
Margolang Zackaria and Mangklakheeree Sudarat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,279
Interest Rate
5.93%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Xu Bao $370,000 None Available
Margolang Zackaria -- I Abstract And Title
Margolang Zackaria $435,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Bao $260,000
Previous Owner Margolang Zackaria $428,279
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2017 07/21/17 Sold $370,000 -5.1% --
05/08/2017 05/08/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $390,000 -- --
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 $12,530 $336,100 $47,500 $288,600
2024 $12,530 $336,100 $47,500 $288,600
2022 $12,557 $336,100 $47,500 $288,600
2021 $9,735 $260,700 $47,500 $213,200
2020 $9,907 $260,700 $47,500 $213,200
2019 $9,805 $260,700 $47,500 $213,200
2018 $9,628 $260,700 $47,500 $213,200
2017 $9,281 $260,700 $47,500 $213,200
2016 $8,968 $260,700 $47,500 $213,200
2015 $8,627 $260,700 $47,500 $213,200
2014 $8,084 $260,700 $47,500 $213,200
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Greene

    Seller's Agent in 2017

    Jonathan Greene

    STREAMLINE

    (973) 873-0734

    76 Total Sales

    Jonathan Greene
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    CAROLINE GOSSELIN

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3369298

Garden State MLS

APN: 14-02792-0000-00026

New Jersey Essex County Newark 07114 South Broad Valley

159 Sherman Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes