NOT LISTED FOR SALE

347 Park Ave Newark, NJ 07107

Lower Roseville Neighborhood

Estimated Value: $554,867 - $745,000

-- Bed
-- Bath
-- Sq Ft
25 Sq Ft Lot

Last Sold June 01, 2021

Last sale price $375,000

Est. 67% increase in value since last sale

Current estimated payment $4,119/month

24 Days on Market

About This Home

As of June 2021

This home is located at 347 Park Ave, Newark, NJ 07107 since 07 April 2021 and is currently estimated at $624,967. This property was built in 1920. 347 Park Ave is a home located in Essex County with nearby schools including Dr. William H. Horton School, First Avenue Elementary School, and Franklin School.

Last Agent to Sell the Property

IVAN SILVA

VERIFIED HOMES Brokerage Phone: 908-688-2828 Listed on: 04/07/2021

VERIFIED HOMES

Last Buyer's Agent

IVAN SILVA

VERIFIED HOMES Brokerage Phone: 908-688-2828 Listed on: 04/07/2021

VERIFIED HOMES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,645

Year Built

  • Built in 1920

Lot Details

  • 25 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,645

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Essex
  • Street Number Display: 347
  • I D: 5061303
  • Modified: 2022-06-02
  • Number Images: 1
  • Attribution Contact: 908-688-2828
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25 X 100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 1, 2021
Sold by
Castro Johanna and Fernandez Wilberto
Bought by
Gonzalez Brian S
Seller's Agent
IVAN SILVA
VERIFIED HOMES
Buyer's Agent
IVAN SILVA
VERIFIED HOMES
List Price
$340,000
Sold Price
$375,000
Premium/Discount to List
$35,000
10.29%
Current Estimated Value
$624,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,967
Avg. Annual Appreciation
12.74%
Original Mortgage
$368,207
Outstanding Balance
$334,091
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$290,876

Purchase Details

Closed on
Dec 22, 2015
Sold by
Quesada Jose H and Quesada Leonida
Bought by
Castro Johanna and Fernandez Wilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2001
Sold by
Rodriguez Ismael
Bought by
Quesada Jose H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,750
Interest Rate
7.03%

Purchase Details

Closed on
Aug 29, 2000
Sold by
Sec Of Hud
Bought by
Rodriguez Ismael

Purchase Details

Closed on
Sep 18, 1996
Sold by
Danvest Llc
Bought by
Liles Odessa and Swain Leola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
7.89%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 1996
Sold by
Lemon Barbara
Bought by
St Danve
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
Gonzalez Brian S $375,000 Prestige Title Agency Inc
Castro Johanna $90,000 Foundation Title Llc
Quesada Jose H $113,450 --
-- $113,500 --
Rodriguez Ismael $39,500 --
Liles Odessa $70,000 --
St Danve $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Brian $21,100
Open Gonzalez Brian S $368,207
Previous Owner Castro Johanna $88,369
Previous Owner Quesada Jose H $253,000
Previous Owner Quesada Jose $215,600
Previous Owner -- $107,750
Previous Owner Liles Odessa $71,000
Closed St Danve $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $375,000 +10.3% --
05/01/2021 05/01/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $340,000 -- --
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 $8,645 $231,900 $31,900 $200,000
2024 $8,645 $231,900 $31,900 $200,000
2022 $8,664 $231,900 $31,900 $200,000
2021 $2,931 $78,500 $31,900 $46,600
2020 $2,983 $78,500 $31,900 $46,600
2019 $2,952 $78,500 $31,900 $46,600
2018 $2,899 $78,500 $31,900 $46,600
2017 $2,795 $78,500 $31,900 $46,600
2016 $2,700 $78,500 $31,900 $46,600
2015 $2,598 $78,500 $31,900 $46,600
2014 $2,434 $78,500 $32,100 $46,400
Source: Public Records

Agents Affiliated with this Home

  • IVAN SILVA

    Seller's Agent in 2021

    IVAN SILVA

    VERIFIED HOMES

    1 in this area

    24 Total Sales

    IVAN SILVA
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3703245

Garden State MLS

APN: 14-01938-0000-00034

New Jersey Essex County Newark 07107 Lower Roseville

347 Park Ave, Newark, NJ

This home is located at 347 Park Ave, Newark, NJ 07107 since 07 April 2021 and is currently estimated at $624,967. This property was built in 1920. 347 Park Ave is a home located in Essex County with nearby schools including Dr. William H. Horton School, First Avenue Elementary School, and Franklin School.

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