NOT LISTED FOR SALE

22 Cedar Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $789,123

7 Beds
4.5 Baths
-- Sq Ft
3,759 Sq Ft Lot

Last Sold May 19, 2023

Last sale price $740,000

Est. 7% increase in value since last sale

Current estimated payment $5,623/month

56 Days on Market

About This Home

As of May 2023

WELCOME TO BRAND NEW CONSTRUCTION!!! EXTRA LARGE New two-family home is located in Newark's Vailsburg Section of Newark. This Beautiful brand-new home features an "OPEN FLOOR PLAN. " Natural light abounds throughout the living, Dining Room, first floor unit it's a multi-level apartment with Interior stairs connect to the Ground-level with first floor. Ground level features: Family room, one Bedroom, Laundry room, and half bath. First -level Kitchen, three bedrooms, living-dining room combo, plus two full baths, Hardwood floor throughout. Central (HVAC). Second floor Unit features: Kitchen, living/ dining room combo, 3 bedrooms, laundry room, two full baths Exterior Brick Front, Vinyl siding two-car garage, large back yard, and privacy fence. Home Qualifies for a 5 Year Tax Abatement & 10 Year homeowner's warranty

Last Agent to Sell the Property

Augusto Verissimo

Weichert Home City Realty Listed on: 11/08/2022

Weichert Home City Realty

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $477

Year Built

  • 2023

Lot Details

  • 3,759 Sq Ft Lot
  • Lot Dimensions are 37.5 x 100

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 7 Bedrooms

Listing and Financial Details

  • Legal Lot and Block 00023 / 04207

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$477

Year Built

2023

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: (973) 741-3000
  • MLS Status: Sold - Sold
  • Directions: S Orange Avenue
  • Architectural Style: 2 Family
  • Year Built Details: New Const-New Fdn
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 2023

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Dimensions: 37.5 x 100
  • Lot Size Sq Ft: 3759.0

Tax Info

  • Tax Annual Amount: 477.0
  • Tax Block: 04207
  • Tax Lot: 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
May 16, 2023
Sold by
Verissimo Augusto
Bought by
Adeluwoye Dupe
Seller's Agent
Augusto Verissimo
Weichert Home City Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$739,900
Sold Price
$740,000
Premium/Discount to List
$100
0.01%
Total Days on Market
56
Views
86
Current Estimated Value
$789,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,123
Avg. Annual Appreciation
3.15%
Original Mortgage
$703,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2013
Sold by
A J G Development Llc
Bought by
Verissimo Augusto

Purchase Details

Closed on
Feb 9, 2006
Sold by
Mitchell Veronica
Bought by
Ajg Development Llc

Purchase Details

Closed on
Aug 18, 2000
Sold by
Persad Tara
Bought by
Mitchell Veronica Brown

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.06%

Purchase Details

Closed on
Jan 14, 2000
Sold by
Roland M
Bought by
Tersad Tara
Source: Public Records

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
Adeluwoye Dupe $740,000 None Listed On Document
Verissimo Augusto -- None Available
Ajg Development Llc $128,000 --
Mitchell Veronica Brown $175,000 --
Tersad Tara $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adeluwoye Dupe $703,000
Previous Owner Mitchell Veronica Brown $281,250
Previous Owner Mitchell Veronica Brown $140,000
Closed Verissimo Augusto --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $740,000 0.0% --
01/03/2023 01/03/23 Pending -- -- --
11/08/2022 11/08/22 For Sale $739,900 -- --
Source: New Jersey 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 $14,517 $389,400 $12,800 $376,600
2022 $478 $12,800 $12,800 $0
2021 $478 $12,800 $12,800 $0
2020 $486 $12,800 $12,800 $0
2019 $481 $12,800 $12,800 $0
2018 $473 $12,800 $12,800 $0
2017 $456 $12,800 $12,800 $0
2016 $440 $12,800 $12,800 $0
2015 $424 $12,800 $12,800 $0
2014 $397 $12,800 $12,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Augusto Verissimo

    Seller's Agent in 2023

    Augusto Verissimo

    Weichert Home City Realty

    (973) 420-5317

    4 in this area

    217 Total Sales

    Augusto Verissimo
    Section Image

  • O

    Buyer's Agent in 2023

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 22040278

New Jersey MLS

APN: 14-04207-0000-00023

New Jersey Essex County Newark 07106 Lower Vailsburg

22 Cedar Ave, Newark, NJ

This home is located at 22 Cedar Ave, Newark, NJ 07106 since 08 November 2022 and is currently estimated at $789,123. This property was built in 2023. 22 Cedar Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne 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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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