NOT LISTED FOR SALE

311 Eastern Pkwy Newark, NJ 07106

Ivy Hill Neighborhood

Estimated Value: $417,000 - $573,000

3 Beds
3 Baths
1,596 Sq Ft
$306/Sq Ft Est. Value

Sale Details

Date Sold: September 2, 2024

Last sale price $508,000 $318 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,442 / mo

12 Days on Market

About This Home

As of September 2024

This home is located at 311 Eastern Pkwy, Newark, NJ 07106 since 14 June 2024 and is currently estimated at $488,782, approximately $306 per square foot. This property was built in 1938. 311 Eastern Pkwy is a home located in Essex County with nearby schools including Mt. Vernon School, Lincoln Elementary School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

JOHN ALVIN ALICANTE

BHHS FOX & ROACH Brokerage Phone: 908-753-4450 Listed on: 06/14/2024

Last Buyer's Agent

Grazielle Costa

FLOROSTONE REALTY INC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 3,485 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Year Built: 1938
  • County Name: Essex
  • I D: 5294017
  • Attribution Contact: 908-753-4450
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 35X104.7
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 28, 2024
Sold by
Perez Rosalinda and Perez Edberto
Bought by
Edwards Letitia G and Rodas Mauricio
Seller's Agent
JOHN ALVIN ALICANTE
BHHS FOX & ROACH
Buyer's Agent
Grazielle Costa
PRESTIGE PROPERTY GROUP MONTCLAIR
List Price
$475,000
Sold Price
$508,000
Premium/Discount to List
$33,000
6.95%
Views
32
Current Estimated Value
$556,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,199
Avg. Annual Appreciation
-2.28%
Original Mortgage
$457,200
Outstanding Balance
$451,171
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$37,611

Purchase Details

Closed on
Jul 4, 2009
Sold by
Perez Rosalinda and Perez Edberto
Bought by
Perez Rosalinda and Perez Edberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 1994
Sold by
Iannetta Joseph
Bought by
Perez Edberto and Perez Rosalinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Edwards Letitia G $508,000 Chicago Title
Perez Rosalinda -- None Available
Perez Edberto $105,500 --
Perez Eberto $105,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Letitia G $457,200
Previous Owner Perez Rosalinda $160,000
Previous Owner Perez Eberto $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2024 09/02/24 Sold $508,000 +6.9% $318 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $475,000 -- $298 / Sq Ft
Source: Garden State MLS

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 $5,910 $155,400 $23,800 $131,600
2024 $5,793 $155,400 $23,800 $131,600
2022 $5,806 $155,400 $23,800 $131,600
2021 $5,803 $155,400 $23,800 $131,600
2020 $5,905 $155,400 $23,800 $131,600
2019 $5,845 $155,400 $23,800 $131,600
2018 $5,739 $155,400 $23,800 $131,600
2017 $5,532 $155,400 $23,800 $131,600
2016 $5,346 $155,400 $23,800 $131,600
2015 $5,142 $155,400 $23,800 $131,600
2014 $4,819 $155,400 $23,800 $131,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    JOHN ALVIN ALICANTE

    BHHS FOX & ROACH

  • G

    Buyer's Agent in 2024

    Grazielle Costa

    PRESTIGE PROPERTY GROUP MONTCLAIR

    (551) 574-3328

    1 in this area

    7 Total Sales

    Grazielle Costa
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Map

Source: Garden State MLS

MLS Number: 3907859

Garden State MLS

APN: 14-04272-0000-00008

New Jersey Essex County Newark 07040 Ivy Hill

311 Eastern Pkwy, Newark, NJ

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