NOT LISTED FOR SALE

288 Sussex Ave Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $704,189 - $818,000

-- Bed
-- Bath
2,558 Sq Ft
$296/Sq Ft Est. Value

About This Home

This home is located at 288 Sussex Ave, Newark, NJ 07107 and is currently estimated at $756,047, approximately $295 per square foot. 288 Sussex Ave is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2023
Sold by
288 Sussex Ave Llc
Bought by
Miron 47 Llc
Current Estimated Value
$756,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2016
Sold by
Aldine Capital Llc
Bought by
288 Sussex 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
$175,000
Interest Rate
3.68%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 15, 2014
Sold by
Fontoura Armando B
Bought by
Truman 2012 Sce Title Trust

Purchase Details

Closed on
Apr 18, 2005
Sold by
Sylvan Summer Homes Llc
Bought by
Frimpong Charles Osei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,600
Interest Rate
5.95%
Mortgage Type
New Conventional
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

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Miron 47 Llc $650,000 First American Title
288 Sussex Ave Llc -- None Available
Truman 2012 Sce Title Trust $365,794 None Available
Frimpong Charles Osei $380,070 --
-- $380,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miron 47 Llc $632,000
Closed Miron 47 Llc $65,000
Closed Miron 47 Llc $520,000
Previous Owner 184 Norwood Bessad Llc $2,388,000
Previous Owner 228 Sussex Ave Llc $175,000
Previous Owner 288 Sussex Ave Llc $175,000
Previous Owner -- $368,600
Closed Truman 2012 Sce Title Trust --
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
2025 $6,710 $180,000 $21,900 $158,100
2024 $6,710 $180,000 $21,900 $158,100
2022 $6,725 $180,000 $21,900 $158,100
2021 $6,721 $180,000 $21,900 $158,100
2020 $6,840 $180,000 $21,900 $158,100
2019 $6,770 $180,000 $21,900 $158,100
2018 $6,647 $180,000 $21,900 $158,100
2017 $7,476 $210,000 $21,900 $188,100
2016 $7,224 $210,000 $21,900 $188,100
2015 $6,949 $210,000 $21,900 $188,100
2014 $6,512 $210,000 $21,900 $188,100
Source: Public Records

Map

New Jersey Essex County Newark 07107 Fairmount

288 Sussex Ave, Newark, NJ

This home is located at 288 Sussex Ave, Newark, NJ 07107 and is currently estimated at $756,047, approximately $295 per square foot. 288 Sussex Ave is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland 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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