NOT LISTED FOR SALE

247 Mount Prospect Ave Unit 3 Newark, NJ 07104

Mount Pleasant Neighborhood

Estimated Value: $637,000 - $853,000

4 Beds
1 Bath
1,100 Sq Ft
$667/Sq Ft Est. Value

About This Home

This home is located at 247 Mount Prospect Ave Unit 3, Newark, NJ 07104 and is currently estimated at $734,006, approximately $667 per square foot. 247 Mount Prospect Ave Unit 3 is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2022
Sold by
Hernandez Wanda
Bought by
Aslam Sheikh Faisal
Current Estimated Value
$734,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,750
Outstanding Balance
$448,021
Interest Rate
6.02%
Mortgage Type
Balloon
Estimated Equity
$249,981

Purchase Details

Closed on
Mar 8, 2011
Sold by
Hernandez Mario and Hernandez Wanda
Bought by
Hernandez Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,550
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2002
Sold by
Leon Daniela
Bought by
Hernandez Mario and Hernandez Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,950
Interest Rate
7.04%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Aslam Sheikh Faisal $618,000 Two Rivers Title
Hernandez Wanda -- Guardian Title Services Llc
Hernandez Mario $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aslam Sheikh Faisal $461,750
Previous Owner Hernandez Wanda $257,550
Previous Owner Hernandez Mario $240,000
Previous Owner Hernandez Mario $161,950
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 $6,688 $179,400 $23,500 $155,900
2022 $6,702 $179,400 $23,500 $155,900
2021 $6,699 $179,400 $23,500 $155,900
2020 $6,817 $179,400 $23,500 $155,900
2019 $6,747 $179,400 $23,500 $155,900
2018 $6,625 $179,400 $23,500 $155,900
2017 $6,387 $179,400 $23,500 $155,900
2016 $6,171 $179,400 $23,500 $155,900
2015 $5,936 $179,400 $23,500 $155,900
2014 $5,563 $179,400 $23,500 $155,900
Source: Public Records

Map

New Jersey Essex County Newark 07104 Mount Pleasant

247 Mount Prospect Ave Unit 3, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 247 Mount Prospect Ave Unit 3, Newark, NJ 07104 and is currently estimated at $734,006, approximately $667 per square foot. 247 Mount Prospect Ave Unit 3 is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First 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.

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