NOT LISTED FOR SALE

17 Cedar Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $554,639 - $703,000

2 Beds
1 Bath
3,374 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $892,000 $264 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $3,745/month

About This Home

As of May 2015

Charming 3-bedroom apartment nestled on the tranquil third floor of a beautifully renovated 3-family home, situated on a peaceful residential street. This inviting space boasts modern updates, including renovated interiors. Enjoy the convenience of amenities within walking distance, offering a perfect blend of comfort and convenience for a serene urban lifestyle.

Last Agent to Sell the Property

MARIANA CAINES

RE/MAX FIRST REALTY II Brokerage Phone: 908-688-2828 Listed on: 05/15/2015

RE/MAX FIRST REALTY II

Last Buyer's Agent

Tina Torres

RE/MAX LIFETIME REALTORS

RE/MAX LIFETIME REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 33 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Year Built: 1915
  • County Name: Essex
  • I D: 4504987
  • Attribution Contact: 908-688-2828
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33.4X110
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2015
Closed on
May 14, 2015
Sold by
Goddard Christian
Bought by
Reynolds Delon
Seller's Agent
MARIANA CAINES
RE/MAX FIRST REALTY II
Buyer's Agent
Tina Torres
RE/MAX LIFETIME REALTORS
Sold Price
$892,000
Current Estimated Value
$623,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$268,590
Avg. Annual Appreciation
-3.30%
Original Mortgage
$87,584
Outstanding Balance
$67,398
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$556,012

Purchase Details

Closed on
Jul 31, 2010
Sold by
Owusu Patrick
Bought by
Goddard Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,748
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2009
Sold by
Us Bank National Association
Bought by
Owusu Patrick

Purchase Details

Closed on
Aug 21, 2008
Sold by
Simpson Donovan
Bought by
Us Bank National Association and Credit Suisse First Boston 2005-10

Purchase Details

Closed on
Aug 10, 2005
Sold by
Mag Builders
Bought by
Simpson Donovan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.34%

Purchase Details

Closed on
Nov 1, 2004
Sold by
Reo Management 2002 Inc
Bought by
Mag Builders

Purchase Details

Closed on
Jun 2, 2000
Sold by
Richardson Ashanti
Bought by
Enmore Caslyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,934
Interest Rate
8.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2000
Sold by
Bankers Trust
Bought by
Richardson Ashanti

Purchase Details

Closed on
Feb 28, 1997
Sold by
Am Trin
Bought by
Hodge Benton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
7.68%

Purchase Details

Closed on
Feb 13, 1997
Sold by
Citicorp
Bought by
Am Trin Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
7.68%

Purchase Details

Closed on
Jan 25, 1989
Sold by
Yamakura Yoshiji
Bought by
Yamakura Yoshiji and Yamakura Vickers,Alma D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reynolds Delon $89,200 --
Goddard Christian $320,000 Multiple
Owusu Patrick $50,000 Multiple
Us Bank National Association -- None Available
Simpson Donovan $345,000 --
Mag Builders $150,000 --
Enmore Caslyn $130,000 --
Richardson Ashanti $60,000 --
Richardson Ashanti $60,000 --
Hodge Benton $153,000 --
Am Trin Investments $57,500 --
Yamakura Yoshiji $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Delon $87,584
Previous Owner Goddard Christian $315,748
Previous Owner Simpson Donovan $276,000
Previous Owner Enmore Caslyn $129,934
Previous Owner Hodge Benton $23,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2024 12/01/24 Rented $1,950 0.0% --
10/10/2024 10/10/24 For Rent $1,950 0.0% --
05/15/2015 05/15/15 Sold $892,000 -- $264 / 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
2025 $6,215 $166,700 $12,700 $154,000
2024 $6,215 $166,700 $12,700 $154,000
2022 $6,228 $166,700 $12,700 $154,000
2021 $6,225 $166,700 $12,700 $154,000
2020 $6,335 $166,700 $12,700 $154,000
2019 $6,270 $166,700 $12,700 $154,000
2018 $6,156 $166,700 $12,700 $154,000
2017 $5,935 $166,700 $12,700 $154,000
2016 $5,734 $166,700 $12,700 $154,000
2015 $5,516 $166,700 $12,700 $154,000
2014 $5,169 $166,700 $12,700 $154,000
Source: Public Records

Agents Affiliated with this Home

  • Helena Rabess

    Seller's Agent in 2024

    Helena Rabess

    HomeQuest Realty Group

    (239) 963-5511

    1 in this area

    24 Total Sales

    Helena Rabess
    Section Image
  • Tina Torres

    Buyer's Agent in 2015

    Tina Torres

    RE/MAX

    (973) 332-3022

    2 in this area

    201 Total Sales

    Tina Torres
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3194587

Garden State MLS

APN: 14-04206-0000-00012

New Jersey Essex County Newark 07106 Lower Vailsburg

17 Cedar Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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