NOT LISTED FOR SALE

162 Eastern Pkwy Newark, NJ 07106

Ivy Hill Neighborhood

Estimated Value: $516,266 - $639,000

-- Bed
-- Bath
2,996 Sq Ft
$188/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $283,000 $94 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,736/month

129 Days on Market

About This Home

As of December 2016

This home is located at 162 Eastern Pkwy, Newark, NJ 07106 since 20 August 2016 and is currently estimated at $563,567, approximately $188 per square foot. This property was built in 1952. 162 Eastern Pkwy is a home located in Essex County with nearby schools including Mt. Vernon School, Lincoln Elementary School, and Hawthorne Avenue Elementary School.

Last Listed By

JELANI PTAH

E & J REALTY GROUP, INC. Brokerage Phone: 908-298-0790 Listed on: 08/20/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,983

Year Built

  • 1952

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,983

Year Built

1952

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 162
  • I D: 4651699
  • Modified: 2017-12-28
  • Number Images: 13
  • Attribution Contact: 908-298-0790
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Lot Info

  • Lot Size: 40X120
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2016
Closed on
Dec 22, 2016
Sold by
162 Eastern Pky Llc
Bought by
Kearney Ellis
Seller's Agent
JELANI PTAH
E & J REALTY GROUP, INC.
List Price
$289,700
Sold Price
$283,000
Premium/Discount to List
-$6,700
-2.31%
Total Days on Market
129
Current Estimated Value
$563,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,567
Avg. Annual Appreciation
8.35%
Original Mortgage
$277,777
Outstanding Balance
$234,646
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$321,183

Purchase Details

Closed on
Sep 13, 2010
Sold by
50 By 50 Reo Ii Llc
Bought by
162 Eastern Parkway Llc

Purchase Details

Closed on
Dec 22, 2009
Sold by
Elizon Loan Mortgage Corporation 1
Bought by
50 By 50 Reo Ii Llc

Purchase Details

Closed on
Oct 8, 2009
Sold by
Tucker Willie H and Tucker Genever
Bought by
Elizon Loan Mortgage Corporation 1 and Ellington Loan Mortgage Corporation 1

Purchase Details

Closed on
Sep 25, 1998
Sold by
Welman George
Bought by
Tucker Willie and Tucker Genever

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,413
Interest Rate
6.68%
Mortgage Type
FHA

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
Kearney Ellis $283,000 Two Rivers Title Company Llc
162 Eastern Parkway Llc $170,000 Commonwealth Land Title Insu
50 By 50 Reo Ii Llc -- None Available
Elizon Loan Mortgage Corporation 1 -- None Available
Tucker Willie $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kearney Ellis $13,714
Closed Kearney Ellis $13,143
Open Kearney Ellis $277,777
Previous Owner Tucker Willie $47,892
Previous Owner Tucker Willie H $62,827
Previous Owner Tucker Willie H $315,000
Previous Owner Tucker Willie H $260,000
Previous Owner Tucker Willie $157,413
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2016 12/27/16 Sold $283,000 -2.3% $94 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
08/20/2016 08/20/16 For Sale $289,700 -- $97 / 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
2024 $6,983 $187,300 $37,100 $150,200
2022 $6,998 $187,300 $37,100 $150,200
2021 $6,994 $187,300 $37,100 $150,200
2020 $7,117 $187,300 $37,100 $150,200
2019 $7,044 $187,300 $37,100 $150,200
2018 $6,917 $187,300 $37,100 $150,200
2017 $6,668 $187,300 $37,100 $150,200
2016 $6,443 $187,300 $37,100 $150,200
2015 $6,198 $187,300 $37,100 $150,200
2014 $6,614 $213,300 $37,100 $176,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    JELANI PTAH

    E & J REALTY GROUP, INC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3330603

Garden State MLS

APN: 14-04148-0000-00017

New Jersey Essex County Newark 07106 Ivy Hill

162 Eastern Pkwy, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 162 Eastern Pkwy, Newark, NJ 07106 since 20 August 2016 and is currently estimated at $563,567, approximately $188 per square foot. This property was built in 1952. 162 Eastern Pkwy is a home located in Essex County with nearby schools including Mt. Vernon School, Lincoln Elementary School, and Hawthorne Avenue Elementary School.

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