NOT LISTED FOR SALE

159 Sherman Ave Newark, NJ 07114

South Broad Valley Neighborhood

Estimated Value: $629,000 - $823,000

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

Sale Details

Date Sold: July 21, 2017

Last sale price $370,000

Est. 107% increase in value since last sale

Current estimated payment $5,192 / mo

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 $764,800. 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

2,614 Sq Ft Lot

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

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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Jul 21, 2017
Sold by
Bought by
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
$764,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,800
Avg. Annual Appreciation
8.52%
Original Mortgage
$260,000
Outstanding Balance
$215,551
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$549,249

Purchase Details

Closed on
Jun 20, 2016
Sold by
Bought by

Purchase Details

Closed on
May 1, 2008
Sold by
Bought by

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

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ICE

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First American

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Quantarium

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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
$370,000 None Available
-- I Abstract And Title
$435,000 None Available
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 $260,000
Previous Owner $428,279
Source: Public Records

Property 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 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

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

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 $12,782 $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

    82 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

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