NOT LISTED FOR SALE

276 Muhammad Ali Ave Newark, NJ 07108

West Side Neighborhood

Estimated Value: $544,000 - $603,000

-- Bed
-- Bath
-- Sq Ft
3,453 Sq Ft Lot

Last Sold September 01, 2021

Last sale price $378,000

Est. 47% increase in value since last sale

Current estimated payment $3,651/month

16 Days on Market

About This Home

As of September 2021

This home is located at 276 Muhammad Ali Ave, Newark, NJ 07108 since 21 May 2021 and is currently estimated at $574,583. 276 Muhammad Ali Ave is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

MADISON FRAZIER

MADISON REALTY AND ASSOCIATES Brokerage Phone: 973-623-1001 Listed on: 05/21/2021

Last Buyer's Agent

ERICK BRICE

BRICE HOMES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,486

Lot Details

  • 3,453 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,486

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 276
  • I D: 5073602
  • Modified: 2022-09-02
  • Number Images: 1
  • Attribution Contact: 973-623-1001
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 3453 SF
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Aug 21, 2021
Sold by
Baker Khadijah and Turner Saadiq
Bought by
Wilson Munirah
Seller's Agent
MADISON FRAZIER
MADISON REALTY AND ASSOCIATES
Buyer's Agent
ERICK BRICE
BRICE HOMES
List Price
$350,000
Sold Price
$378,000
Premium/Discount to List
$28,000
8%
Current Estimated Value
$555,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,642
Avg. Annual Appreciation
11.12%
Original Mortgage
$371,153
Outstanding Balance
$338,457
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$236,126

Purchase Details

Closed on
Jul 31, 2008
Sold by
Muhammad Ali 276-2 Associates Llc
Bought by
Baker Khadijah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,292
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2007
Sold by
Duncan France and Duncan Louise Ricks
Bought by
Muhammad Ali 276-2 Assoc Llc

Purchase Details

Closed on
Mar 20, 1998
Sold by
Metropolitan United Ministries
Bought by
Duncan France and Duncan Louise Ricks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

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
Wilson Munirah $378,000 Sunrise Title Services Inc
Baker Khadijah $240,000 United General Title
Muhammad Ali 276-2 Assoc Llc $160,000 None Available
Duncan France $109,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Munirah $107,000
Closed Wilson Munirah $17,690
Open Wilson Munirah $371,153
Previous Owner Baker Khadijah $239,836
Previous Owner Baker Khadijah $236,292
Previous Owner Duncan France $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $378,000 +8.0% --
06/08/2021 06/08/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $350,000 -- --
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 $7,486 $200,800 $27,000 $173,800
2024 $7,486 $200,800 $27,000 $173,800
2022 $5,402 $144,600 $27,000 $117,600
2021 $5,399 $144,600 $27,000 $117,600
2020 $5,495 $144,600 $27,000 $117,600
2019 $5,438 $144,600 $27,000 $117,600
2018 $5,340 $144,600 $27,000 $117,600
2017 $5,148 $144,600 $27,000 $117,600
2016 $4,974 $144,600 $27,000 $117,600
2015 $4,785 $144,600 $27,000 $117,600
2014 $4,484 $144,600 $27,000 $117,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MADISON FRAZIER

    MADISON REALTY AND ASSOCIATES

  • E

    Buyer's Agent in 2021

    ERICK BRICE

    BRICE HOMES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3714187

Garden State MLS

APN: 14-02609-0000-00001-04

New Jersey Essex County Newark 07108 West Side

276 Muhammad Ali Ave, Newark, NJ

This home is located at 276 Muhammad Ali Ave, Newark, NJ 07108 since 21 May 2021 and is currently estimated at $574,583. 276 Muhammad Ali Ave is a home located in Essex County with nearby schools including Louise A. Spencer School, Belmont Runyon School, and Peshine Avenue Elementary School.

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