NOT LISTED FOR SALE

38 Custer Ave Unit 40 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $655,806 - $701,000

5 Beds
4.5 Baths
-- Sq Ft
5,070 Sq Ft Lot

Last Sold June 29, 2023

Last sale price $595,000

Est. 13% increase in value since last sale

Current estimated payment $4,509/month

23 Days on Market

Highlights

  • Views to the North
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • Stairway
  • Central Air
  • Heating Available

About This Home

As of June 2023

Stunning 5 Bedroom, 4.5 Bathroom Home Near Weequahic Park! This newly renovated home is located in the heart of an up-and-coming area and is just a block away from the beautiful Weequahic Park. With 5 spacious bedrooms and 4.5 luxurious bathrooms, this home is perfect for those who love to entertain. The main level features a gourmet kitchen, complete with top-of-the-line appliances and an island, which flows seamlessly into the living and dining areas. The main level also features a sunroom perfect for a library, office, or sitting room. Upstairs, you'll find the primary suite, complete with an extended closet and a spa-like ensuite bathroom, as well as 4 additional bedrooms and 2 full bathrooms. The lower level features a spacious open space perfect for movie nights or a home gym, as well as a full bathroom, storage space, and laundry room. Outside, you'll find a beautifully landscaped backyard. The home also features a one-car garage.

Last Agent to Sell the Property

Gregory Balderacchi

Homelister of NJ Inc Listed on: 04/26/2023

Last Buyer's Agent

Fred Tessier

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,733

Lot Details

  • 5,070 Sq Ft Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Views to the North
  • Basement Fills Entire Space Under The House
  • Stairway

Listing and Financial Details

  • Legal Lot and Block 00075 / 03637

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,733

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: North
  • Co List Office Phone: (855) 400-8566
  • Outside Inclusions: All fixtures and fittings attached to the Property
  • MLS Status: Sold - Sold
  • Directions: Renner Ave to Peshine Ave to Cluster Ave
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Victrn
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Grd Lv Acces
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: All personal property
  • Construction Type: Brick, Shingle Siding

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air

Lot Info

  • Lot Size Sq Ft: 5070.0

Tax Info

  • Tax Annual Amount: 7733.0
  • Tax Block: 03637
  • Tax Lot: 00075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 28, 2023
Sold by
38 Custer Avenue Llc
Bought by
Simpkins Beatrice Dolores
Seller's Agent
Gregory Balderacchi
Homelister of NJ Inc
Buyer's Agent
Fred Tessier
EXP Realty, LLC
List Price
$545,999
Sold Price
$595,000
Premium/Discount to List
$49,001
8.97%
Views
178
Current Estimated Value
$672,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,952
Avg. Annual Appreciation
4.95%
Original Mortgage
$445,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2021
Closed on
Oct 13, 2021
Sold by
Bell Berta L and Brown Lydia A
Bought by
38 Custer Avenue Llc
Seller's Agent
VALERIE PANEK
EXP REALTY, LLC
Buyer's Agent
VALERIE PANEK
EXP REALTY, LLC
List Price
$315,000
Sold Price
$290,000
Premium/Discount to List
-$25,000
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.18%
Original Mortgage
$368,000
Interest Rate
2.99%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 2, 2020
Sold by
Brown Annie L and Estate Of Annie L Brown
Bought by
Bell Berta L and Brown Lydia A

Purchase Details

Closed on
Mar 5, 1976
Bought by
Brown Annie L
Source: Public Records
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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
Simpkins Beatrice Dolores $595,000 First American Title
38 Custer Avenue Llc $290,000 Majestic Title Agency
Bell Berta L -- None Listed On Document
Brown Annie L $15,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simpkins Beatrice Dolores $445,000
Previous Owner 38 Custer Avenue Llc $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2023 06/29/23 Sold $595,000 0.0% --
05/19/2023 05/19/23 Pending -- -- --
05/16/2023 05/16/23 Price Changed $595,000 +9.0% --
04/26/2023 04/26/23 For Sale $545,999 +88.3% --
11/01/2021 11/01/21 Sold $290,000 -7.9% -- View Prior Sale
08/09/2021 08/09/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $315,000 -- --
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 $11,885 $325,500 $22,500 $303,000
2024 $11,885 $325,500 $22,500 $303,000
2022 $7,484 $207,000 $22,500 $184,500
2021 $7,729 $207,000 $22,500 $184,500
2020 $7,866 $207,000 $22,500 $184,500
2019 $7,535 $207,000 $22,500 $184,500
2018 $7,395 $207,000 $22,500 $184,500
2017 $7,119 $207,000 $22,500 $184,500
2016 $6,871 $207,000 $22,500 $184,500
2015 $6,600 $207,000 $22,500 $184,500
2014 $6,169 $207,000 $22,500 $184,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23012160

New Jersey MLS

APN: 14-03637-0000-00075