NOT LISTED FOR SALE

Estimated Value: $648,000 - $720,000

3 Beds
2 Baths
2,448 Sq Ft
$281/Sq Ft Est. Value

About This Home

This home is located at 372 Avon Ave Unit 1, Newark, NJ 07108 and is currently estimated at $687,705, approximately $280 per square foot. 372 Avon Ave Unit 1 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Louise A. Spencer School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2024
Sold by
Abdev Group Llc
Bought by
Ademowo Omolaja Richard
Current Estimated Value
$687,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,599
Outstanding Balance
$648,691
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$23,799

Purchase Details

Closed on
Aug 23, 2023
Sold by
Essex County Sheriff
Bought by
Verus Securitization Trust and Wilmington Svg Fund Society F

Purchase Details

Closed on
Mar 11, 2019
Sold by
Fdf 2 Llc
Bought by
Fdf P3 Llc

Purchase Details

Closed on
Aug 4, 2017
Sold by
Ysh Nj Llc
Bought by
Fdf 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2017
Sold by
Betha Wilfred
Bought by
Avon Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,250
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2008
Sold by
Jarid Jamar Construction Co Inc
Bought by
Betha Wilfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 18, 2005
Sold by
City Of Newark
Bought by
Jarid Jamar Construction Co

Purchase Details

Closed on
Oct 29, 1997
Sold by
Hud
Bought by
Developmental Cmty

Purchase Details

Closed on
Mar 28, 1990
Sold by
Reilly William and Reilly Nancy S
Bought by
Brown Glenn L and Brown Zandra R

Purchase Details

Closed on
May 25, 1989
Sold by
Taliaferro Harold
Bought by
Reilly William and Reilly Nancy S
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
Ademowo Omolaja Richard $675,000 Prestige Title
Verus Securitization Trust $440,000 None Listed On Document
Fdf P3 Llc -- --
Fdf 2 Llc $265,000 --
Ysh Nj Llc $190,000 None Available
Avon Management Llc $980,000 Old Republic National Title
Betha Wilfred $260,000 Prestige Title Agency Inc
Jarid Jamar Construction Co $31,548 --
Developmental Cmty $5,000 --
Chapman Tina Sears $23,000 --
Brown Glenn L $97,000 --
Reilly William $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ademowo Omolaja Richard $652,599
Previous Owner 605 Broad St Llc $5,650,000
Previous Owner Fdf 2 Llc $182,000
Previous Owner Avon Management Llc $136,250
Previous Owner Betha Wilfred $261,265
Previous Owner Betha Wilfred Q $170,000
Previous Owner Betha Wilfred Q $10,000
Previous Owner Betha Wilfred $257,404
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 $8,067 $216,400 $10,700 $205,700
2022 $8,085 $216,400 $10,700 $205,700
2021 $8,080 $216,400 $10,700 $205,700
2020 $8,223 $216,400 $10,700 $205,700
2019 $8,139 $216,400 $10,700 $205,700
2018 $7,992 $216,400 $10,700 $205,700
2017 $7,704 $216,400 $10,700 $205,700
2016 $7,444 $216,400 $10,700 $205,700
2015 $7,161 $216,400 $10,700 $205,700
2014 $6,711 $216,400 $10,700 $205,700
Source: Public Records

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