NOT LISTED FOR SALE

38 Shaw Ave Unit 40 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $329,000 - $444,000

0.11 Acre
$3,411,236 Price per Acre
49 Sq Ft Lot

Last Sold May 13, 2024

Last sale price $188,500

Est. 102% increase in value since last sale

Current estimated payment $2,481/month

186 Days on Market

About This Lot

As of May 2024

This home is located at 38 Shaw Ave Unit 40, Newark, NJ 07112 since 18 August 2023 and is currently estimated at $375,236. 38 Shaw Ave Unit 40 is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Belmont Runyon School.

Last Agent to Sell the Property

EYAL LEVY

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 201-939-0050 Listed on: 08/18/2023

Last Buyer's Agent

EYAL LEVY

KELLER WILLIAMS PARK VIEWS Brokerage Phone: 201-939-0050 Listed on: 08/18/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,776

Lot Details

  • 49 Sq Ft Lot

Property Details

Property Type

Land

Est. Annual Taxes

$4,776

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5238669
  • Modified: 2025-05-14
  • Attribution Contact: 201-939-0050
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Size: 49.4X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
May 9, 2024
Sold by
Pe 38 Shaw St Newark Llc and 38 Shaw Ave Newark Nj Llc
Bought by
91-93 Chadwick Llc
Seller's Agent
EYAL LEVY
KELLER WILLIAMS PARK VIEWS
Buyer's Agent
EYAL LEVY
KELLER WILLIAMS PARK VIEWS
List Price
$249,000
Sold Price
$188,500
Premium/Discount to List
-$60,500
-24.3%
Views
144
Current Estimated Value
$380,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,922
Avg. Annual Appreciation
73.46%

Purchase Details

Closed on
Apr 26, 2018
Sold by
Pe39 Shaw St Newark Llc
Bought by
Adda Nij Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2015
Sold by
Fontoura Armando B
Bought by
Us Bank Na

Purchase Details

Closed on
Oct 9, 2003
Sold by
Alphonse Marc
Bought by
Fawole Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.98%

Purchase Details

Closed on
Dec 30, 1988
Sold by
City Of Newark Plaintiff
Bought by
Williams Ray and Williams Emma
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
91-93 Chadwick Llc $377,000 Westcor Land Title
Adda Nij Properties Llc -- --
Us Bank Na $309,076 None Available
Us Bank Na $309,076 None Available
Fawole Raymond $110,000 --
Williams Ray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adda Nij Properties Llc $112,500
Previous Owner Fawole Ramond L $165,750
Previous Owner Fawole Raymond $99,000
Closed Us Bank Na --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $188,500 -24.3% --
02/20/2024 02/20/24 Pending -- -- --
08/18/2023 08/18/23 For Sale $249,000 +522.5% --
02/16/2018 02/16/18 Sold $40,000 -49.9% --
10/27/2017 10/27/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $79,900 -- --
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 $4,776 $26,000 $26,000 --
2024 $4,776 $128,100 $29,000 $99,100
2023 $4,786 $128,100 $29,000 $99,100
2022 $4,786 $128,100 $29,000 $99,100
2021 $4,783 $128,100 $29,000 $99,100
2020 $4,868 $128,100 $29,000 $99,100
2019 $4,818 $128,100 $29,000 $99,100
2018 $4,731 $128,100 $29,000 $99,100
2017 $4,560 $128,100 $29,000 $99,100
2016 $4,407 $128,100 $29,000 $99,100
2015 $4,239 $128,100 $29,000 $99,100
2014 $3,972 $128,100 $29,000 $99,100
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    EYAL LEVY

    KELLER WILLIAMS PARK VIEWS

  • H

    Seller's Agent in 2018

    HAZEL MOORE

    MOORE REAL ESTATE LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3860460

Garden State MLS

APN: 14-03062-0000-00002

New Jersey Essex County Newark 07112 Weequahic

38 Shaw Ave Unit 40, Newark, NJ

This home is located at 38 Shaw Ave Unit 40, Newark, NJ 07112 since 18 August 2023 and is currently estimated at $375,236. 38 Shaw Ave Unit 40 is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Belmont Runyon School.

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