NOT LISTED FOR SALE

28 Martin Luther King jr Blvd Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $281,000 - $349,000

-- Bed
-- Bath
1,196 Sq Ft
$275/Sq Ft Est. Value

About This Home

This home is located at 28 Martin Luther King jr Blvd, Newark, NJ 07104 and is currently estimated at $329,232, approximately $275 per square foot. 28 Martin Luther King jr Blvd is a home located in Essex County with nearby schools including Franklin School, Rafael Hernandez School, and Dr. William H. Horton Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2021
Sold by
Osorio Nelson
Bought by
Almonte Lottie
Current Estimated Value
$329,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,105
Outstanding Balance
$191,466
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$127,001

Purchase Details

Closed on
Apr 5, 2010
Sold by
28 Mlk Blvd Llc
Bought by
Osorio Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2009
Sold by
Real Estate Rescue Llc
Bought by
28 Mlk Blvd Llc

Purchase Details

Closed on
Oct 4, 2009
Sold by
Homesales Inc
Bought by
Rer Llc

Purchase Details

Closed on
May 4, 2009
Sold by
Hinnant Sherie
Bought by
Homesales Inc

Purchase Details

Closed on
Jan 12, 2006
Sold by
Sujoy Estates Llc
Bought by
Hinnant Sherie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,400
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 1997
Sold by
Baeza Oscar
Bought by
Castillo Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.88%

Purchase Details

Closed on
Oct 18, 1991
Sold by
Cooper Flora
Bought by
Baeza Oscar and Baeza Carmen
Source: Public Records

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

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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
Almonte Lottie $215,000 Title Guarantee
Osorio Nelson $92,500 Titleworks Inc
28 Mlk Blvd Llc -- Title Work Inc
Rer Llc $30,000 Title Work Inc
Homesales Inc -- Land Title Sevices Of Nj Inc
Hinnant Sherie $172,000 --
Castillo Juan $50,000 --
Baeza Oscar $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almonte Lottie $211,105
Closed Almonte Lottie $211,105
Previous Owner Osorio Nelson $74,000
Previous Owner Hinnant Sherie $199,750
Previous Owner Hinnant Sherie $34,400
Previous Owner Hinnant Sherie $137,600
Previous Owner Castillo Juan $50,000
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 $6,338 $170,000 $12,800 $157,200
2022 $6,351 $170,000 $12,800 $157,200
2021 $2,446 $65,500 $13,300 $52,200
2020 $2,489 $65,500 $13,300 $52,200
2019 $2,463 $65,500 $13,300 $52,200
2018 $2,419 $65,500 $13,300 $52,200
2017 $2,332 $65,500 $13,300 $52,200
2016 $2,253 $65,500 $13,300 $52,200
2015 $2,167 $65,500 $13,300 $52,200
2014 $2,031 $65,500 $13,300 $52,200
Source: Public Records

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