NOT LISTED FOR SALE

162 Midland Place Unit 2 Newark, NJ 07106

Ivy Hill Neighborhood

Estimated Value: $502,000 - $623,000

2 Beds
1 Bath
1,892 Sq Ft
$305/Sq Ft Est. Value

About This Home

This home is located at 162 Midland Place Unit 2, Newark, NJ 07106 and is currently estimated at $577,018, approximately $304 per square foot. 162 Midland Place Unit 2 is a home located in Essex County with nearby schools including Mt. Vernon School, Lincoln Elementary School, and Hawthorne Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
162 Midland Holdings Llc
Bought by
Vargas Felix and Leonardo-Contreras Genny
Current Estimated Value
$577,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,983
Outstanding Balance
$335,805
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$241,213

Purchase Details

Closed on
Jun 5, 2019
Sold by
Michael Myrkalo E and Myrkalo Vladymir C
Bought by
Pallo Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
3.73%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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
Vargas Felix $390,000 None Listed On Document
Pallo Lisa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Felix $376,983
Source: Public Records

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 $10,308 $250,000 $33,300 $216,700
2024 $10,308 $276,500 $33,300 $243,200
2022 $10,330 $276,500 $33,300 $243,200
2021 $4,929 $132,000 $33,300 $98,700
2020 $5,016 $132,000 $33,300 $98,700
2019 $4,965 $132,000 $33,300 $98,700
2018 $4,875 $132,000 $33,300 $98,700
2017 $4,699 $132,000 $33,300 $98,700
2016 $4,541 $132,000 $33,300 $98,700
2015 $4,368 $132,000 $33,300 $98,700
2014 $4,093 $132,000 $33,300 $98,700
Source: Public Records

Map

New Jersey Essex County Newark 07106 Ivy Hill

162 Midland Place Unit 2, Newark, NJ

This home is located at 162 Midland Place Unit 2, Newark, NJ 07106 and is currently estimated at $577,018, approximately $304 per square foot. 162 Midland Place Unit 2 is a home located in Essex County with nearby schools including Mt. Vernon School, Lincoln Elementary School, and Hawthorne Avenue Elementary School.

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.

Nearby Homes