NOT LISTED FOR SALE

183 Mount Prospect Ave Unit 185 Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $454,000 - $653,000

-- Bed
-- Bath
1,789 Sq Ft
$308/Sq Ft Est. Value

About This Home

This home is located at 183 Mount Prospect Ave Unit 185, Newark, NJ 07104 and is currently estimated at $550,566, approximately $307 per square foot. 183 Mount Prospect Ave Unit 185 is a home located in Essex County with nearby schools including Franklin School, Dr. William H. Horton School, and Rafael Hernandez School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Garcia Jose M and Garcia Irene
Bought by
Garcia Jose M and Garcia Mayra
Current Estimated Value
$550,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Outstanding Balance
$299,525
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$251,041

Purchase Details

Closed on
Dec 20, 2017
Sold by
Gutierrez John J
Bought by
Garcia Jose and Garcia Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,982
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2003
Sold by
Pinto Joseph
Bought by
Gutierrez John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,141
Interest Rate
5.9%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 1997
Sold by
Empire Prospect
Bought by
Pinto Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 1993
Sold by
Amiano Jerry
Bought by
Empire Prospect Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.15%
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.

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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.

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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.

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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.

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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
Garcia Jose M -- Atlantic Title & Settlement
Garcia Jose $277,000 --
Gutierrez John $185,000 --
Pinto Joseph $49,500 --
Empire Prospect Group $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jose M $327,750
Previous Owner Garcia Jose $271,982
Previous Owner Gutierrez John $182,141
Previous Owner Pinto Joseph $50,000
Previous Owner Empire Prospect Group $90,000
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 $7,348 $197,100 $21,700 $175,400
2024 $7,348 $197,100 $21,700 $175,400
2022 $7,364 $197,100 $21,700 $175,400
2021 $7,360 $197,100 $21,700 $175,400
2020 $7,490 $197,100 $21,700 $175,400
2019 $7,413 $197,100 $21,700 $175,400
2018 $4,938 $133,700 $21,700 $112,000
2017 $4,760 $133,700 $21,700 $112,000
2016 $4,599 $133,700 $21,700 $112,000
2015 $4,424 $133,700 $21,700 $112,000
2014 $4,146 $133,700 $21,700 $112,000
Source: Public Records

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