NOT LISTED FOR SALE

Estimated Value: $476,000 - $693,000

3 Beds
2 Baths
2,874 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 29 Vernon Ave Unit 2, Newark, NJ 07108 and is currently estimated at $584,987, approximately $203 per square foot. 29 Vernon Ave Unit 2 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Essex County Sheriff
Bought by
29-31 Vernon Ave Equities Llc and Metropolitan Tower Life Insurance Company
Current Estimated Value
$584,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 14, 2022
Sold by
Marrero Luis A and Marrero Melissa
Bought by
29 Vernon 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
$415,800
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2020
Sold by
Ibarra Ulises J
Bought by
Marrero Luis A and Marrero Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,350
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2017
Sold by
Mount Prospect Holdings
Bought by
29-31 Vernon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
3.94%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 30, 2001
Sold by
Estate Of Anna Simmons
Bought by
Johnson Marcus D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,700
Interest Rate
7.09%
Mortgage Type
FHA
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

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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
29-31 Vernon Ave Equities Llc $464,463 None Listed On Document
29 Vernon Ave Llc -- Chicago Title
Marrero Luis A $379,000 Chicago Title Insurance Co
29-31 Vernon Llc $165,000 --
Johnson Marcus D $10,000 --
Johnson Marcus D $10,000 --
-- $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 29-31 Vernon Ave Equities Llc $630,000
Previous Owner 29-31 Vernon Ave Equities Llc $620,000
Previous Owner 29 Vernon Ave Llc $415,800
Previous Owner Marrero Luis A $246,350
Previous Owner Ibarra Ulises J $343,660
Previous Owner 29-31 Vernon Llc $123,000
Previous Owner 2017 Mount Prospect Holdings Llc $50,000
Previous Owner Johnson Marcus D $95,000
Previous Owner -- $108,700
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 $9,350 $250,800 $34,400 $216,400
2023 $9,370 $250,800 $34,400 $216,400
2022 $9,370 $250,800 $34,400 $216,400
2021 $9,365 $250,800 $34,400 $216,400
2020 $9,530 $250,800 $34,400 $216,400
2019 $7,067 $187,900 $34,400 $153,500
2018 $6,939 $187,900 $34,400 $153,500
2017 $6,689 $187,900 $34,400 $153,500
2016 $6,464 $187,900 $34,400 $153,500
2015 $6,218 $187,900 $34,400 $153,500
2014 $5,827 $187,900 $34,400 $153,500
Source: Public Records

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