NOT LISTED FOR SALE

205 Mount Prospect Ave Unit 2 Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $586,000 - $948,000

4 Beds
2 Baths
3,564 Sq Ft
$219/Sq Ft Est. Value

About This Home

This home is located at 205 Mount Prospect Ave Unit 2, Newark, NJ 07104 and is currently estimated at $781,569, approximately $219 per square foot. 205 Mount Prospect Ave Unit 2 is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and First Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
Properties Cas Inc
Bought by
205 Mt Prospect Holdings Llc
Current Estimated Value
$781,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,117
Interest Rate
2.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 29, 2020
Sold by
Ferreira Jose
Bought by
Properties Cas Inc

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
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 12, 2006
Sold by
Guzman Olaya
Bought by
Ferreira Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
6.58%
Mortgage Type
Stand Alone Second
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

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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

Date Buyer Sale Price Title Company
205 Mt Prospect Holdings Llc $270,000 Madison Title Agency Llc
Properties Cas Inc $45,000 None Listed On Document
Ferreira Jose $369,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 205 Mt Prospect Holdings Llc $460,000
Closed 205 Mt Prospect Holding Llc $51,117
Closed 205 Mt Prospect Holdings Llc $401,000
Closed 205 Mt Porspect Holding Llc $51,117
Previous Owner Properties Cas Inc $50,000
Previous Owner Ferreira Jose $73,800
Previous Owner Ferreira Jose $295,200
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 $7,926 $212,600 $23,500 $189,100
2024 $7,926 $212,600 $23,500 $189,100
2022 $7,943 $212,600 $23,500 $189,100
2021 $7,938 $212,600 $23,500 $189,100
2020 $8,079 $212,600 $23,500 $189,100
2019 $7,996 $212,600 $23,500 $189,100
2018 $7,851 $212,600 $23,500 $189,100
2017 $7,569 $212,600 $23,500 $189,100
2016 $7,313 $212,600 $23,500 $189,100
2015 $7,035 $212,600 $23,500 $189,100
2014 $6,593 $212,600 $23,500 $189,100
Source: Public Records

Map

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

205 Mount Prospect Ave Unit 2, Newark, NJ

This home is located at 205 Mount Prospect Ave Unit 2, Newark, NJ 07104 and is currently estimated at $781,569, approximately $219 per square foot. 205 Mount Prospect Ave Unit 2 is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and First Avenue Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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