NOT LISTED FOR SALE

216 Sunset Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $562,000 - $840,000

-- Bed
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold August 14, 2023

Last sale price $556,000

Est. 23% increase in value since last sale

Current estimated payment $4,736/month

403 Days on Market

About This Home

As of August 2023

This home is located at 216 Sunset Ave, Newark, NJ 07106 since 08 April 2022 and is currently estimated at $682,175. 216 Sunset Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Michael Filippelli

COLDWELL BANKER REALTY ALP Brokerage Phone: 201-767-0550 Listed on: 04/08/2022

COLDWELL BANKER REALTY ALP

Last Buyer's Agent

Mordy Abelesz

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,306

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,306

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 216
  • I D: 5136708
  • Modified: 2024-08-15
  • Number Images: 1
  • Attribution Contact: 201-767-0550
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2018
Sold by
King Investment Llc
Bought by
Fermin Justin V
Current Estimated Value
$682,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Interest Rate
4.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2017
Sold by
Sanmogan Malcolm
Bought by
Kings Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 16, 2004
Sold by
Hud
Bought by
Sanmogan Malcolm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,309
Interest Rate
5.8%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2000
Sold by
Mccarey Lonzy C
Bought by
Henry Darryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,324
Interest Rate
7.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 1997
Sold by
Noel Fritz
Bought by
Mccarey Ramar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.57%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Fermin Justin V $425,000 --
Kings Investments Llc $189,000 American Land Title
Sanmogan Malcolm $220,300 --
Henry Darryl $199,000 --
Mccarey Ramar $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fermin Justin V $408,897
Closed Fermin Justin V $417,302
Closed Fermin Justin V $417,302
Previous Owner Kings Investments Llc $210,000
Previous Owner Kings Investments Llc $25,200
Previous Owner Sanmogan Malcolm $336,000
Previous Owner Sanmogan Malcolm $269,309
Previous Owner Henry Darryl $203,324
Previous Owner Mccarey Ramar $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $556,000 -18.1% --
05/16/2023 05/16/23 Pending -- -- --
03/01/2023 03/01/23 Price Changed $679,000 -2.9% --
10/03/2022 10/03/22 Price Changed $699,000 -2.9% --
09/06/2022 09/06/22 Price Changed $719,900 -1.2% --
05/24/2022 05/24/22 Price Changed $729,000 -2.7% --
04/08/2022 04/08/22 For Sale $749,000 -- --
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 $12,306 $330,100 $22,000 $308,100
2024 $12,306 $330,100 $22,000 $308,100
2022 $12,333 $330,100 $22,000 $308,100
2021 $12,326 $330,100 $22,000 $308,100
2020 $12,544 $330,100 $22,000 $308,100
2019 $8,632 $229,500 $22,000 $207,500
2018 $8,475 $229,500 $22,000 $207,500
2017 $8,170 $229,500 $22,000 $207,500
2016 $7,895 $229,500 $22,000 $207,500
2015 $7,594 $229,500 $22,000 $207,500
2014 $7,117 $229,500 $22,000 $207,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Filippelli

    Seller's Agent in 2023

    Michael Filippelli

    COLDWELL BANKER REALTY ALP

    (724) 622-6838

    2 in this area

    20 Total Sales

    Michael Filippelli
    Section Image

  • M

    Buyer's Agent in 2023

    Mordy Abelesz

    EXP REALTY, LLC

    (347) 243-7060

    4 in this area

    96 Total Sales

    Mordy Abelesz
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3774371

Garden State MLS

APN: 14-04050-0000-00046

New Jersey Essex County Newark 07106 Lower Vailsburg

216 Sunset Ave, Newark, NJ

This home is located at 216 Sunset Ave, Newark, NJ 07106 since 08 April 2022 and is currently estimated at $682,175. 216 Sunset Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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