NOT LISTED FOR SALE

231 Shephard Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $629,061 - $792,000

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold November 30, 2021

Last sale price $440,000

Est. 59% increase in value since last sale

Current estimated payment $4,556/month

9 Days on Market

About This Home

As of November 2021

This home is located at 231 Shephard Ave, Newark, NJ 07112 since 08 September 2021 and is currently estimated at $699,015. This property was built in 1960. 231 Shephard Ave is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Peshine Avenue Elementary School, and Chancellor Avenue School.

Last Agent to Sell the Property

MICHAEL AUER

COLDWELL BANKER REALTY Brokerage Phone: 973-994-4323 Listed on: 09/08/2021

Last Buyer's Agent

Roberto Alexandre

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Essex
  • I D: 5097669
  • Attribution Contact: 973-994-4323
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 42X101
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Nov 29, 2021
Sold by
Palmer and Marjorie
Bought by
Bryan Marlene
Seller's Agent
MICHAEL AUER
COLDWELL BANKER REALTY
Buyer's Agent
Roberto Alexandre
EXP REALTY, LLC
List Price
$429,000
Sold Price
$440,000
Premium/Discount to List
$11,000
2.56%
Current Estimated Value
$699,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,015
Avg. Annual Appreciation
12.20%
Original Mortgage
$402,573
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 1991
Sold by
Rankin Donald H
Bought by
Palmer Lloyd and Palmer Marjorie

Purchase Details

Closed on
May 16, 1991
Sold by
Admin Of Va
Bought by
Rankin Donald H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Bryan Marlene $440,000 Szeniot Richard J
Palmer Lloyd $61,000 --
Palmer Lloyd $61,000 --
Rankin Donald H $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bryan Marlene $402,573
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $440,000 +2.6% --
09/21/2021 09/21/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $429,000 -- --
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 $10,550 $283,000 $28,100 $254,900
2024 $10,550 $283,000 $28,100 $254,900
2022 $6,964 $186,400 $28,100 $158,300
2021 $6,960 $186,400 $28,100 $158,300
2020 $7,083 $186,400 $28,100 $158,300
2019 $7,011 $186,400 $28,100 $158,300
2018 $6,884 $186,400 $28,100 $158,300
2017 $6,636 $186,400 $28,100 $158,300
2016 $6,412 $186,400 $28,100 $158,300
2015 $6,168 $186,400 $28,100 $158,300
2014 $5,780 $186,400 $28,100 $158,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MICHAEL AUER

    COLDWELL BANKER REALTY

  • R

    Buyer's Agent in 2021

    Roberto Alexandre

    EXP REALTY, LLC

    (973) 342-5347

    1 in this area

    78 Total Sales

    Roberto Alexandre
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3739297

Garden State MLS

APN: 14-03625-0000-00022

New Jersey Essex County Newark 07112 Weequahic

231 Shephard Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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