NOT LISTED FOR SALE

196 Malvern St Newark, NJ 07105

Estimated Value: $581,733 - $652,000

3 Beds
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold March 07, 2023

Last sale price $485,000

Est. 29% increase in value since last sale

Current estimated payment $4,174/month

50 Days on Market

About This Home

As of March 2023

This home is located at 196 Malvern St, Newark, NJ 07105 since 13 December 2022 and is currently estimated at $625,183. This property was built in 1897. 196 Malvern St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

Last Listed By

Thomas Borowski

HOWARD HANNA RAND REALTY Brokerage Phone: 908-587-0090 Listed on: 12/13/2022

HOWARD HANNA RAND REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,082

Year Built

  • 1897

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,082

Year Built

1897

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 196
  • I D: 5194497
  • Modified: 2024-03-08
  • Number Images: 1
  • Attribution Contact: 908-587-0090
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1897

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Feb 28, 2023
Sold by
196 Malvern St Jl Llc
Bought by
New Mv Apts Llc
Seller's Agent
Thomas Borowski
HOWARD HANNA RAND REALTY
List Price
$520,000
Sold Price
$485,000
Premium/Discount to List
-$35,000
-6.73%
Total Days on Market
50
Views
203
Current Estimated Value
$625,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,183
Avg. Annual Appreciation
12.17%
Original Mortgage
$700,000
Outstanding Balance
$681,924
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
-$56,741

Purchase Details

Closed on
Sep 26, 2022
Sold by
Pciii Reo Llc
Bought by
196 Malvern St Jl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,450
Interest Rate
7.08%
Mortgage Type
Construction

Range of Values:

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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
New Mv Apts Llc $485,000 --
196 Malvern St Jl Llc $450,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Mv Apts Llc $700,000
Previous Owner 196 Malvern St Jl Llc $492,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $485,000 -4.9% --
02/01/2023 02/01/23 Pending -- -- --
01/05/2023 01/05/23 Price Changed $510,000 -1.9% --
12/13/2022 12/13/22 For Sale $520,000 +15.6% --
12/12/2022 12/12/22 Sold $450,000 0.0% --
11/25/2022 11/25/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $450,000 -- --
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
2024 $8,082 $216,800 $75,000 $141,800
2022 $8,100 $216,800 $75,000 $141,800
2021 $8,095 $216,800 $75,000 $141,800
2020 $8,238 $216,800 $75,000 $141,800
2019 $8,154 $216,800 $75,000 $141,800
2018 $8,006 $216,800 $75,000 $141,800
2017 $7,718 $216,800 $75,000 $141,800
2016 $7,458 $216,800 $75,000 $141,800
2015 $7,174 $216,800 $75,000 $141,800
2014 $6,723 $216,800 $75,000 $141,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3821158

Garden State MLS

APN: 14-01128-0000-00031