NOT LISTED FOR SALE

372 Grove St Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $784,561 - $894,000

8 Beds
6 Baths
-- Sq Ft
3,751 Sq Ft Lot

Last Sold June 06, 2023

Last sale price $700,000

Est. 18% increase in value since last sale

Current estimated payment $5,120/month

113 Days on Market

About This Home

As of June 2023

HUGE OPPORTUNITY to Live for FREE or enjoy STRONG positive cash flow from this oversized, new construction, 3 family home with built in fire sprinkler system. Located close to GSP, minutes from bus and rail to NYC, with 8 BR, 2 Master baths, beautiful hardwood floors, stainless steel appliances, central air, 2 car attached garage and off street parking in gated, fenced property.

Last Agent to Sell the Property

Alberto Wells

America's Elite Group LLC Listed on: 02/01/2023

Last Buyer's Agent

Armando Pina

Lifestyle International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,802

Lot Details

  • 3,751 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00039 / 01789

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,802

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: SOUTH ORANGE AVE TO GROVE
  • Architectural Style: 3 Family
  • Year Built Details: 2000's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 8

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 3751.0

Tax Info

  • Tax Annual Amount: 8802.0
  • Tax Block: 01789
  • Tax Lot: 00039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
May 4, 2023
Sold by
Anteby Jeffrey
Bought by
Cauthen Sandra
Seller's Agent
Alberto Wells
America's Elite Group LLC
Buyer's Agent
Armando Pina
Lifestyle International Realty
List Price
$699,900
Sold Price
$700,000
Premium/Discount to List
$100
0.01%
Views
401
Current Estimated Value
$827,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,640
Avg. Annual Appreciation
7.45%
Original Mortgage
$687,321
Outstanding Balance
$668,314
Interest Rate
6.42%
Mortgage Type
Construction
Estimated Equity
$159,326

Purchase Details

Closed on
Feb 6, 2020
Sold by
Flipping Newark 001 Llc
Bought by
Anteby Jeffrey and Anteby Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,800
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2016
Sold by
Guarin Carol
Bought by
Flipping Newark 001 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2015
Sold by
Fontoura Armando B
Bought by
The Bank Of New York Mellon and Salami Olalekkan

Purchase Details

Closed on
Jul 3, 2006
Sold by
Oak Style Developers Llc
Bought by
Salami Olalekan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2003
Sold by
Essex County Nj Home
Bought by
Dawkins Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
5.86%

Purchase Details

Closed on
Feb 29, 2000
Sold by
Community Develop Resources
Bought by
Thompson Rabiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
8.31%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Cauthen Sandra $700,000 Icon Title
Anteby Jeffrey -- None Available
Flipping Newark 001 Llc $325,000 None Available
The Bank Of New York Mellon $635,822 None Available
Salami Olalekan $479,000 --
-- -- --
Dawkins Ian $170,000 --
Thompson Rabiah $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cauthen Sandra $687,321
Previous Owner Anteby Jeffrey $310,800
Previous Owner Flipping Newark 001 Llc $227,500
Previous Owner -- $383,200
Previous Owner Dawkins Ian $156,750
Previous Owner Thompson Rabiah $87,000
Closed The Bank Of New York Mellon --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2023 06/06/23 Sold $700,000 0.0% --
05/25/2023 05/25/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $699,900 0.0% --
03/07/2023 03/07/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $699,900 -- --
Source: New Jersey 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 $8,783 $235,600 $20,900 $214,700
2024 $8,783 $235,600 $20,900 $214,700
2022 $8,802 $235,600 $20,900 $214,700
2021 $8,797 $235,600 $20,900 $214,700
2020 $8,953 $235,600 $20,900 $214,700
2019 $8,861 $235,600 $20,900 $214,700
2018 $8,701 $235,600 $20,900 $214,700
2017 $8,387 $235,600 $20,900 $214,700
2016 $8,105 $235,600 $20,900 $214,700
2015 $7,796 $235,600 $20,900 $214,700
2014 $7,306 $235,600 $20,900 $214,700
Source: Public Records

Agents Affiliated with this Home

  • Alberto Wells

    Seller's Agent in 2023

    Alberto Wells

    America's Elite Group LLC

    (973) 343-3433

    2 in this area

    41 Total Sales

    Alberto Wells
    Section Image
  • Armando Pina

    Buyer's Agent in 2023

    Armando Pina

    Lifestyle International Realty

    (973) 820-6330

    4 in this area

    72 Total Sales

    Armando Pina
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23002975

New Jersey MLS

APN: 14-01789-0000-00039-01

New Jersey Essex County Newark 07103 Fairmount

372 Grove St, Newark, NJ

This home is located at 372 Grove St, Newark, NJ 07103 since 01 February 2023 and is currently estimated at $827,640. 372 Grove St is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Louise A. Spencer School.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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