NOT LISTED FOR SALE

28 Sherman Ave Newark, NJ 07114

South Broad Valley Neighborhood

Estimated Value: $573,000 - $646,000

-- Bed
-- Bath
3,156 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 01, 2013

Last sale price $80,000 $25 Per Sq Ft

Est. 675% increase in value since last sale

Current estimated payment $3,917/month

About This Home

As of July 2013

This home is located at 28 Sherman Ave, Newark, NJ 07114 since 01 July 2013 and is currently estimated at $619,955, approximately $196 per square foot. 28 Sherman 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

Jeanmichel Sery

JD FRANCES REALTY & G.R. Brokerage Phone: 973-744-2700 Listed on: 07/01/2013

Last Buyer's Agent

Jeanmichel Sery

JD FRANCES REALTY & G.R. Brokerage Phone: 973-744-2700 Listed on: 07/01/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,557

Lot Details

  • 25 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,557

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 28
  • I D: 4300235
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-744-2700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25.4X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2023
Sold by
Lin Sherman Realty Llc
Bought by
28 Holdings Llc
Current Estimated Value
$619,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 9, 2016
Sold by
28 Sherman Ave Llc
Bought by
Lin Sherman Realty Llc

Purchase Details

Closed on
Jan 10, 2014
Sold by
Stolar Capital V Llc
Bought by
28 Sherman Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1
Interest Rate
4.39%

Purchase Details

Listed on
Jul 1, 2013
Closed on
Aug 5, 2013
Sold by
Dimmo Usa Llc
Bought by
Stolar Capital V Llc
Seller's Agent
Jeanmichel Sery
JD FRANCES REALTY & G.R.
Buyer's Agent
Jeanmichel Sery
JD FRANCES REALTY & G.R.
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.18%
Interest Rate
4.39%

Purchase Details

Closed on
Dec 18, 2009
Sold by
Aurora Loan Services Llc
Bought by
Dimmo Usa Llc

Purchase Details

Closed on
Dec 24, 2008
Sold by
Williams Tracey A and Williams Tracy A
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 30, 2007
Sold by
Gibbs Yvonne
Bought by
Williams Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2003
Sold by
Davis Lee
Bought by
Gibbs Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,950
Interest Rate
5.88%
Source: Public Records

Range of Values:

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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
28 Holdings Llc $500,000 Chicago Title
Lin Sherman Realty Llc $260,000 Riverside Abstract
28 Sherman Ave Llc -- None Available
Stolar Capital V Llc $80,000 --
Dimmo Usa Llc $91,350 None Available
Aurora Loan Services Llc -- None Available
Williams Tracy $370,000 --
Gibbs Yvonne $185,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 28 Holdings Llc $484,350
Previous Owner 28 Sherman Ave Llc $1
Previous Owner Stolar Capital V Llc --
Previous Owner Williams Tracy $370,000
Previous Owner Gibbs Yvonne $166,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2013 07/01/13 Sold $80,000 -- $25 / Sq Ft
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 $7,557 $202,700 $45,100 $157,600
2024 $7,557 $202,700 $45,100 $157,600
2023 $7,573 $202,700 $45,100 $157,600
2022 $7,573 $202,700 $45,100 $157,600
2021 $7,569 $202,700 $45,100 $157,600
2020 $7,703 $202,700 $45,100 $157,600
2019 $7,624 $202,700 $45,100 $157,600
2018 $7,486 $202,700 $45,100 $157,600
2017 $2,652 $74,500 $45,100 $29,400
2016 $2,563 $74,500 $45,100 $29,400
2015 $2,465 $74,500 $45,100 $29,400
2014 $2,310 $74,500 $45,100 $29,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jeanmichel Sery

    JD FRANCES REALTY & G.R.

    (862) 201-9086

    1 in this area

    93 Total Sales

    Jeanmichel Sery
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3004035

Garden State MLS

APN: 14-02815-0000-00014

New Jersey Essex County Newark 07114 South Broad Valley

28 Sherman Ave, Newark, NJ

This home is located at 28 Sherman Ave, Newark, NJ 07114 since 01 July 2013 and is currently estimated at $619,955, approximately $196 per square foot. 28 Sherman 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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