NOT LISTED FOR SALE

183 12th Ave Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $755,000 - $900,000

-- Bed
-- Bath
-- Sq Ft
3,990 Sq Ft Lot

Last Sold August 08, 2024

Last sale price $715,000

Est. 14% increase in value since last sale

Current estimated payment $5,260/month

24 Days on Market

About This Home

As of August 2024

This home is located at 183 12th Ave, Newark, NJ 07107 since 10 May 2024 and is currently estimated at $815,396. This property was built in 2003. 183 12th Ave is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

LARRY SHARPE

SHARPE REALTY INC./MAPLEWOOD Brokerage Phone: 973-378-8003 Listed on: 05/10/2024

Last Buyer's Agent

JAMILLE HERNANDEZ

3SIXTY REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,990

Year Built

  • Built in 2003

Lot Details

  • 3,990 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,990

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Year Built: 2003
  • County Name: Essex
  • Street Number Display: 183
  • I D: 5287119
  • Modified: 2025-08-09
  • Number Images: 1
  • Attribution Contact: 973-378-8003
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 3990 SF
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jun 13, 2024
Sold by
Cvi Lcf Mortgage Loan Trust
Bought by
Minchala Manuel C and Lema Nestor F
Seller's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
Buyer's Agent
JAMILLE HERNANDEZ
3SIXTY REALTY LLC
List Price
$6,899,000
Sold Price
$715,000
Premium/Discount to List
-$6,184,000
-89.64%
Views
17
Current Estimated Value
$815,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,396
Avg. Annual Appreciation
12.69%
Original Mortgage
$464,750
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2023
Sold by
Essex County Sheriff
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Nov 19, 2004
Sold by
A & A Construction Inc
Bought by
Afolobi Oluwole
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Minchala Manuel C $715,000 None Listed On Document
Bayview Loan Servicing Llc -- None Listed On Document
Afolobi Oluwole $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minchala Manuel C $464,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $715,000 +3.6% --
06/03/2024 06/03/24 Pending -- -- --
05/10/2024 05/10/24 Price Changed $689,900 -90.0% --
05/10/2024 05/10/24 For Sale $6,899,000 -- --
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 $10,990 $294,800 $32,500 $262,300
2024 $10,990 $294,800 $32,500 $262,300
2022 $11,014 $294,800 $32,500 $262,300
2021 $11,008 $294,800 $32,500 $262,300
2020 $11,202 $294,800 $32,500 $262,300
2019 $11,087 $294,800 $32,500 $262,300
2018 $10,887 $294,800 $32,500 $262,300
2017 $10,495 $294,800 $32,500 $262,300
2016 $10,141 $294,800 $32,500 $262,300
2015 $9,755 $294,800 $32,500 $262,300
2014 $9,142 $294,800 $32,500 $262,300
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    LARRY SHARPE

    SHARPE REALTY INC./MAPLEWOOD

  • J

    Buyer's Agent in 2024

    JAMILLE HERNANDEZ

    3SIXTY REALTY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3901184

Garden State MLS

APN: 14-01811-0000-00027-05

New Jersey Essex County Newark 07103 Fairmount

183 12th Ave, Newark, NJ

This home is located at 183 12th Ave, Newark, NJ 07107 since 10 May 2024 and is currently estimated at $815,396. This property was built in 2003. 183 12th Ave is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

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