NOT LISTED FOR SALE

163 Mount Prospect Ave Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $871,685 - $978,000

Studio
-- Bath
-- Sq Ft
37 Sq Ft Lot

Sale Details

Date Sold: May 5, 2023

Last sale price $765,000

Est. 21% increase in value since last sale

Current estimated payment $5,775 / mo

133 Days on Market

About This Home

As of May 2023

This home is located at 163 Mount Prospect Ave, Newark, NJ 07104 since 28 November 2022 and is currently estimated at $922,171. 163 Mount Prospect Ave is a home located in Essex County with nearby schools including Franklin School, Dr. William H. Horton School, and Rafael Hernandez School.

Last Agent to Sell the Property

JOSEPH GRECO

SERHANT NEW JERSEY LLC Brokerage Phone: 201-653-8488 Listed on: 11/28/2022

SERHANT NEW JERSEY LLC

Last Buyer's Agent

Vinnell Josephs

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Lot Details

  • 37 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

37 Sq Ft Lot

Listing Details

  • County Name: Essex
  • I D: 5192325
  • Attribution Contact: 201-653-8488
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37.6X100
  • Total Acres: 0.09

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
Nov 28, 2022
Closed on
Apr 26, 2023
Sold by
Bought by
Seller's Agent
JOSEPH GRECO
SERHANT NEW JERSEY LLC
Buyer's Agent
Vinnell Josephs
EXP REALTY, LLC
List Price
$799,000
Sold Price
$765,000
Premium/Discount to List
-$34,000
-4.26%
Views
201
Current Estimated Value
$922,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,171
Avg. Annual Appreciation
5.94%
Original Mortgage
$751,143
Interest Rate
0.0575%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2018
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
$227,500
Interest Rate
0.0399%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2007
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
$425,600
Interest Rate
0.0617%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2003
Sold by
Bought by
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
$765,000 Sunnyside Title
$350,000 --
-- Executive Land & Title
$215,000 --
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 $751,143
Previous Owner $227,500
Previous Owner $425,600
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
05/05/2023 05/05/23 Sold $765,000 -4.3% --
04/10/2023 04/10/23 Pending -- -- --
11/28/2022 11/28/22 For Sale $799,000 -- --
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
2026 $9,002 $225,100 $22,800 $202,300
2025 $9,002 $225,100 $22,800 $202,300
2024 $8,392 $225,100 $22,800 $202,300
2022 $8,410 $225,100 $22,800 $202,300
2021 $8,405 $225,100 $22,800 $202,300
2020 $8,554 $225,100 $22,800 $202,300
2019 $8,466 $225,100 $22,800 $202,300
2018 $5,857 $158,600 $22,800 $135,800
2017 $5,646 $158,600 $22,800 $135,800
2016 $5,456 $158,600 $22,800 $135,800
2015 $5,248 $158,600 $22,800 $135,800
2014 $4,918 $158,600 $22,800 $135,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    JOSEPH GRECO

    SERHANT NEW JERSEY LLC

    (845) 671-9344

    1 in this area

    26 Total Sales

    JOSEPH GRECO
    Section Image
  • Vinnell Josephs

    Buyer's Agent in 2023

    Vinnell Josephs

    EXP REALTY, LLC

    (347) 988-8291

    1 in this area

    185 Total Sales

    Vinnell Josephs
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3819271

Garden State MLS

APN: 14-00511-0000-00043

New Jersey Essex County Newark 07104 Seventh Avenue

163 Mount Prospect Ave, Newark, NJ

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