NOT LISTED FOR SALE

162 Midland Place Unit 2 Newark, NJ 07106

Ivy Hill Neighborhood

Estimated Value: $473,000 - $642,000

2 Beds
1 Bath
1,892 Sq Ft
$297/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 $561,994, approximately $297 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
$561,994

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
$338,914
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$236,159

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

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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

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
Previous Owner 162 Midland Holdings Llc $200,000
Previous Owner 162 Midland Holdings Llc $115,500
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
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 $561,994, approximately $297 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.

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