NOT LISTED FOR SALE

316 Mt Prospect Ave Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $1,550,697

-- Bed
-- Bath
602 Sq Ft
$2,576/Sq Ft Est. Value

About This Home

This home is located at 316 Mt Prospect Ave, Newark, NJ 07104 and is currently priced at $1,550,697, approximately $2,575 per square foot. 316 Mt Prospect Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
Hudson Acquisition 9 Llc
Bought by
Tmg Toemp Llc
Current Estimated Value
$1,550,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,310,000
Outstanding Balance
$2,285,522
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2021
Sold by
316 Mpa Llc
Bought by
Hudson Acquisition 9 Llc

Purchase Details

Closed on
Nov 7, 2017
Sold by
Rosa Luxury Apartments
Bought by
316 Mpa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$718,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2012
Sold by
Mount Prospect Holdings Llc
Bought by
Rosa Luxury Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 2010
Sold by
Duva Robert C
Bought by
Mount Prospect Holdings 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
4.78%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Tmg Toemp Llc -- Stewart Title Guaranty Company
Hudson Acquisition 9 Llc $1,214,500 Hymanson Gerald S
316 Mpa Llc $970,000 --
Rosa Luxury Apartments Llc $309,000 Commonwealth Land Title Insu
Mount Prospect Holdings Llc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tmg Toemp Llc $2,310,000
Previous Owner 316 Mpa Llc $718,000
Previous Owner Rosa Luxury Apartments Llc $200,000
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 $31,688 $850,000 $107,100 $742,900
2024 $31,688 $850,000 $107,100 $742,900
2022 $28,020 $750,000 $107,100 $642,900
2021 $28,005 $750,000 $107,100 $642,900
2020 $28,500 $750,000 $107,100 $642,900
2019 $28,208 $750,000 $107,100 $642,900
2018 $22,158 $600,000 $107,100 $492,900
2017 $21,360 $600,000 $107,100 $492,900
2016 $20,640 $600,000 $107,100 $492,900
2015 $29,798 $900,500 $107,100 $793,400
2014 $27,925 $900,500 $107,100 $793,400
Source: Public Records

Map

New Jersey Essex County Newark 07104 Forest Hill

316 Mt Prospect Ave, Newark, NJ

This home is located at 316 Mt Prospect Ave, Newark, NJ 07104 and is currently priced at $1,550,697, approximately $2,575 per square foot. 316 Mt Prospect Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue 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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