NOT LISTED FOR SALE

31 Gillette Place Newark, NJ 07114

South Broad Valley Neighborhood

Estimated Value: $766,000 - $836,000

-- Bed
5 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold December 28, 2022

Last sale price $670,000

Est. 19% increase in value since last sale

Current estimated payment $5,121/month

60 Days on Market

About This Home

As of December 2022

This home is located at 31 Gillette Place, Newark, NJ 07114 since 13 June 2022 and is currently estimated at $797,149. This property was built in 2006. 31 Gillette Place is a home located in Essex County with nearby schools including Oliver Street School, Lafayette Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

Edward Gelley

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000 Listed on: 06/13/2022

Last Buyer's Agent

Marilene Oliveira

EXIT REALTY LUCKY ASSOCIATES

EXIT REALTY LUCKY ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,436

Year Built

  • Built in 2006

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,436

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Year Built: 2006
  • County Name: Essex
  • Street Number Display: 31
  • I D: 5158144
  • Modified: 2023-12-29
  • Number Images: 1
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 24.9X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Dec 27, 2022
Sold by
Perez Narciso E
Bought by
Sanango Walter Petronio Cal and Quintuna Rosa
Seller's Agent
Edward Gelley
WEICHERT REALTORS - HOME CITY
Buyer's Agent
Marilene Oliveira
EXIT REALTY LUCKY ASSOCIATES
List Price
$629,000
Sold Price
$670,000
Premium/Discount to List
$41,000
6.52%
Current Estimated Value
$797,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,149
Avg. Annual Appreciation
6.72%
Original Mortgage
$420,000
Outstanding Balance
$407,474
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$389,635

Purchase Details

Closed on
Apr 27, 2006
Sold by
Aguias Carpentry Inc
Bought by
Perez Narciso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2005
Sold by
Garib Mohan
Bought by
Loureiro Alberto

Purchase Details

Closed on
Oct 16, 1990
Sold by
City Of Newark
Bought by
Garib Mohan L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Sanango Walter Petronio Cal $670,000 Ats Title
Perez Narciso $530,000 --
Loureiro Alberto $127,500 --
Garib Mohan L $6,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanango Walter Petronio Cal $420,000
Previous Owner Perez Narciso E $113,000
Previous Owner Perez Narciso $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $670,000 +6.5% --
08/12/2022 08/12/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $629,000 0.0% --
06/24/2022 06/24/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $629,000 -- --
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 $9,436 $321,900 $47,500 $274,400
2024 $9,436 $321,900 $47,500 $274,400
2022 $9,456 $253,100 $47,500 $205,600
2021 $9,451 $253,100 $47,500 $205,600
2020 $9,618 $253,100 $47,500 $205,600
2019 $9,519 $253,100 $47,500 $205,600
2018 $9,347 $253,100 $47,500 $205,600
2017 $9,010 $253,100 $47,500 $205,600
2016 $8,707 $253,100 $47,500 $205,600
2015 $8,375 $253,100 $47,500 $205,600
2014 $7,849 $253,100 $47,500 $205,600
Source: Public Records

Agents Affiliated with this Home

  • Edward Gelley

    Seller's Agent in 2022

    Edward Gelley

    WEICHERT REALTORS - HOME CITY

    (973) 666-1113

    1 in this area

    126 Total Sales

    Edward Gelley
    Section Image
  • Marilene Oliveira

    Buyer's Agent in 2022

    Marilene Oliveira

    EXIT REALTY LUCKY ASSOCIATES

    (973) 908-0348

    1 in this area

    33 Total Sales

    Marilene Oliveira
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3788829

Garden State MLS

APN: 14-02814-0000-00016

New Jersey Essex County Newark 07114 South Broad Valley

31 Gillette Place, Newark, NJ

This home is located at 31 Gillette Place, Newark, NJ 07114 since 13 June 2022 and is currently estimated at $797,149. This property was built in 2006. 31 Gillette Place is a home located in Essex County with nearby schools including Oliver Street School, Lafayette Street Elementary School, and Cleveland Elementary School.

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