NOT LISTED FOR SALE

24 Dassing Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $488,000 - $626,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold September 30, 2021

Last sale price $350,000

Est. 59% increase in value since last sale

Current estimated payment $3,670/month

41 Days on Market

About This Home

As of September 2021

This home is located at 24 Dassing Ave, Newark, NJ 07106 since 26 February 2021 and is currently estimated at $556,396. This property was built in 1901. 24 Dassing Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Mt. Vernon School.

Last Agent to Sell the Property

Yongmei Tan

TESLA REALTY GROUP LLC Brokerage Phone: 844-837-5274 Listed on: 02/26/2021

TESLA REALTY GROUP LLC

Last Buyer's Agent

Matthew Vazquez

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,880

Year Built

  • Built in 1901

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,880

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Year Built: 1901
  • County Name: Essex
  • I D: 5050498
  • Attribution Contact: 844-837-5274
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Sep 9, 2021
Sold by
Bell Christopher
Bought by
7-35 Development Llc
Seller's Agent
Yongmei Tan
TESLA REALTY GROUP LLC
Buyer's Agent
Matthew Vazquez
EXP REALTY, LLC
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Current Estimated Value
$556,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,396
Avg. Annual Appreciation
11.76%
Original Mortgage
$280,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2016
Sold by
Slipstein Alvin
Bought by
Bell Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2014
Sold by
Bell Charles
Bought by
Slipstein Alvin

Purchase Details

Closed on
May 23, 2006

Purchase Details

Closed on
Feb 6, 2004
Sold by
Hughes Majadi
Bought by
Lewis John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.65%

Purchase Details

Closed on
Feb 25, 2000
Sold by
24 Dassing Avneue Asso
Bought by
Hughes Majadi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,722
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1996
Sold by
Herns Realty
Bought by
Cooper Amelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.99%
Source: Public Records

Range of Values:

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

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ICE

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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
7-35 Development Llc $350,000 New Title Company Name
Bell Christopher $150,000 None Available
Slipstein Alvin $85,000 --
-- -- --
Lewis John $175,000 --
Hughes Majadi $125,000 --
Cooper Amelia $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 7-35 Development Llc $280,000
Previous Owner Bell Christopher $147,283
Previous Owner Lewis John $161,500
Previous Owner Hughes Majadi $123,722
Previous Owner Cooper Amelia $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $350,000 -12.3% --
04/21/2021 04/21/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $399,000 +369.4% --
07/10/2013 07/10/13 Sold $85,000 -- -- View Prior Sale
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 $8,880 $238,200 $21,300 $216,900
2024 $8,880 $238,200 $21,300 $216,900
2022 $5,174 $138,500 $21,300 $117,200
2021 $5,172 $138,500 $21,300 $117,200
2020 $5,263 $138,500 $21,300 $117,200
2019 $5,209 $138,500 $21,300 $117,200
2018 $5,115 $138,500 $21,300 $117,200
2017 $4,931 $138,500 $21,300 $117,200
2016 $4,764 $138,500 $21,300 $117,200
2015 $4,583 $138,500 $21,300 $117,200
2014 $4,295 $138,500 $21,300 $117,200
Source: Public Records

Agents Affiliated with this Home

  • Yongmei Tan

    Seller's Agent in 2021

    Yongmei Tan

    TESLA REALTY GROUP LLC

    (609) 580-0975

    1 in this area

    18 Total Sales

    Yongmei Tan
    Section Image
  • Matthew Vazquez

    Buyer's Agent in 2021

    Matthew Vazquez

    EXP REALTY, LLC

    (973) 570-3642

    4 in this area

    43 Total Sales

    Matthew Vazquez
    Section Image

  • R

    Seller's Agent in 2013

    RASHAD T. MOORE

    REALTY OF AMERICA

See All Agents

Map

Source: Garden State MLS

MLS Number: 3694351

Garden State MLS

APN: 14-04005-0000-00024

New Jersey Essex County Newark 07106 Lower Vailsburg

24 Dassing Ave, Newark, NJ

Not Listed for Sale

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