NOT LISTED FOR SALE

24 Marion Ave Unit 1 Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $582,258 - $695,000

2 Beds
1 Bath
2,505 Sq Ft
$254/Sq Ft Est. Value

About This Home

This home is located at 24 Marion Ave Unit 1, Newark, NJ 07106 and is currently estimated at $635,565, approximately $253 per square foot. 24 Marion Ave Unit 1 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Capc Usa Fund Ii Llc
Bought by
Joseph Samuel J
Current Estimated Value
$635,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Outstanding Balance
$478,056
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$157,509

Purchase Details

Closed on
Sep 24, 2021
Sold by
Community Asset Preservation Corporation
Bought by
Capc Usa Fund Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2021
Sold by
Kahn & Shepard Pc
Bought by
Community Asset Preservation Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 1986
Bought by
Jefferson Joyce
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Joseph Samuel J $500,000 --
Capc Usa Fund Ii Llc -- Morris Home Abstract Co Inc
Community Asset Preservation Corporation $159,000 Old Republic Natl Ttl Ins Co
Jefferson Joyce $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Samuel J $490,943
Previous Owner Capc Usa Fund Ii Llc $8,000,000
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
2024 $6,591 $176,800 $22,800 $154,000
2023 $6,605 $176,800 $22,800 $154,000
2022 $6,605 $176,800 $22,800 $154,000
2021 $6,602 $176,800 $22,800 $154,000
2020 $6,718 $176,800 $22,800 $154,000
2019 $6,649 $176,800 $22,800 $154,000
2018 $6,529 $176,800 $22,800 $154,000
2017 $6,294 $176,800 $22,800 $154,000
2016 $6,082 $176,800 $22,800 $154,000
2015 $5,850 $176,800 $22,800 $154,000
2014 $5,483 $176,800 $22,800 $154,000
Source: Public Records

Map

New Jersey Essex County Newark 07106 Upper Vailsburg

24 Marion Ave Unit 1, Newark, NJ

This home is located at 24 Marion Ave Unit 1, Newark, NJ 07106 and is currently estimated at $635,565, approximately $253 per square foot. 24 Marion Ave Unit 1 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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