NOT LISTED FOR SALE

38 Grand Ave Unit 1 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $468,041 - $531,000

3 Beds
1 Bath
2,304 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 38 Grand Ave Unit 1, Newark, NJ 07106 and is currently estimated at $495,760, approximately $215 per square foot. 38 Grand Ave Unit 1 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Rj Buys Houses Llc
Bought by
Norman Properties Group Llc
Current Estimated Value
$495,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,076,000
Outstanding Balance
$3,676,367
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$3,180,607

Purchase Details

Closed on
Jun 16, 2017
Sold by
Bayview Loan Servicing Llc
Bought by
Harness Homes Group Llc

Purchase Details

Closed on
Sep 20, 2005
Sold by
Acevedo Eustacio
Bought by
White Bennie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,900
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2001
Sold by
Knight William
Bought by
Reid Arecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,250
Interest Rate
6.6%
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
Norman Properties Group Llc -- Os National Resware
Harness Homes Group Llc $75,000 None Available
White Bennie $200,000 --
Acevedo Eustasio $150,000 --
Reid Arecia $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norman Properties Group Llc $4,076,000
Previous Owner Acevedo Eustasio $196,900
Previous Owner Reid Arecia $108,250
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 $4,101 $110,000 $13,000 $97,000
2022 $4,110 $110,000 $13,000 $97,000
2021 $4,107 $110,000 $13,000 $97,000
2020 $4,180 $110,000 $13,000 $97,000
2019 $4,137 $110,000 $13,000 $97,000
2018 $4,062 $110,000 $13,000 $97,000
2017 $3,916 $110,000 $13,000 $97,000
2016 $3,784 $110,000 $13,000 $97,000
2015 $3,640 $110,000 $13,000 $97,000
2014 $3,411 $110,000 $13,000 $97,000
Source: Public Records

Map

New Jersey Essex County Newark 07106 Lower Vailsburg

38 Grand Ave Unit 1, Newark, NJ

This home is located at 38 Grand Ave Unit 1, Newark, NJ 07106 and is currently estimated at $495,760, approximately $215 per square foot. 38 Grand Ave Unit 1 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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