NOT LISTED FOR SALE

387 Avon Ave Unit 2R Newark, NJ 07108

West Side Neighborhood

Estimated Value: $270,231

3 Beds
1 Bath
-- Sq Ft
5,009 Sq Ft Lot

About This Home

This home is located at 387 Avon Ave Unit 2R, Newark, NJ 07108 and is currently estimated at $270,231. 387 Avon Ave Unit 2R 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
Jan 30, 2025
Sold by
Essex County Sheriff
Bought by
Emilion Capital Llc
Current Estimated Value
$270,231

Purchase Details

Closed on
Nov 30, 2022
Sold by
387 Avon Bh Llc
Bought by
Newark Realty Plus Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 7, 2022
Sold by
634B 15Th Avenue Llc
Bought by
387 Avon Bh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2022
Sold by
387 Avon Limited Liability Company
Bought by
634B 15Th Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2014
Sold by
Deda Elez and Deda Miliha
Bought by
387 Avon Llc

Purchase Details

Closed on
Jul 7, 2009
Sold by
Ib Property Holdings Llc
Bought by
Elez Deda and Deda Miliha

Purchase Details

Closed on
Mar 11, 2005
Sold by
Omeje Theresa
Bought by
Jonah Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,860
Interest Rate
5.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 2002
Sold by
Byrd Frank
Bought by
Omeje Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.02%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Emilion Capital Llc $1,663,854 None Listed On Document
Newark Realty Plus Llc -- Old Republic National Title
387 Avon Bh Llc -- None Listed On Document
634B 15Th Avenue Llc -- Klein Gerald J
387 Avon Llc $412,000 --
387 Avon Llc $412,000 --
Elez Deda $150,000 Multiple
Jonah Investment Group Llc $420,000 --
Omeje Theresa $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newark Realty Plus Llc $1,700,000
Previous Owner 387 Avon Bh Llc $900,000
Previous Owner 634B 15Th Avenue Llc $900,000
Previous Owner 387 Avon Avenue Llc $637,500
Previous Owner Jonah Investment Group Llc $490,860
Previous Owner Omeje Theresa $90,000
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 $11,523 $309,100 $42,500 $266,600
2022 $11,548 $309,100 $42,500 $266,600
2021 $11,542 $309,100 $42,500 $266,600
2020 $13,532 $356,100 $42,500 $313,600
2019 $13,393 $356,100 $42,500 $313,600
2018 $13,151 $356,100 $42,500 $313,600
2017 $12,677 $356,100 $42,500 $313,600
2016 $12,250 $356,100 $42,500 $313,600
2015 $11,783 $356,100 $42,500 $313,600
2014 $11,043 $356,100 $42,500 $313,600
Source: Public Records

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