NOT LISTED FOR SALE

40 Broadway Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $560,988

-- Bed
-- Bath
-- Sq Ft
2,744 Sq Ft Lot

About This Home

This home is located at 40 Broadway, Newark, NJ 07104 and is currently priced at $560,988. 40 Broadway is a home located in Essex County with nearby schools including Franklin School, McKinley School, and Rafael Hernandez School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2024
Sold by
40 Broadway Ave Llc and 40 Broadway Ave Urban Renewal Llc
Bought by
40-42 Broadway Llc
Current Estimated Value
$560,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$593,236
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2020
Sold by
Broadway One Llc
Bought by
40 Broadway Avenue Llc

Purchase Details

Closed on
Nov 20, 2018
Sold by
Ouw Willem
Bought by
Broadway 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,400
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1986
Bought by
Ouw Willem
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
40-42 Broadway Llc $950,000 Westcor Land Title
40 Broadway Avenue Llc $350,000 Foundation Title
Broadway 1 Llc $305,000 --
Ouw Willem $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 40-42 Broadway Llc $600,000
Previous Owner Broadway 1 Llc $451,400
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
2025 $12,966 $347,800 $70,200 $277,600
2024 $12,966 $347,800 $70,200 $277,600
2022 $12,994 $347,800 $70,200 $277,600
2021 $12,987 $347,800 $70,200 $277,600
2020 $15,078 $396,800 $70,200 $326,600
2019 $14,924 $396,800 $70,200 $326,600
2018 $14,654 $396,800 $70,200 $326,600
2017 $14,126 $396,800 $70,200 $326,600
2016 $13,650 $396,800 $70,200 $326,600
2015 $13,130 $396,800 $70,200 $326,600
2014 $12,305 $396,800 $70,200 $326,600
Source: Public Records

Map

New Jersey Essex County Newark 07104 Seventh Avenue

40 Broadway, Newark, NJ

This home is located at 40 Broadway, Newark, NJ 07104 and is currently priced at $560,988. 40 Broadway is a home located in Essex County with nearby schools including Franklin School, McKinley School, and Rafael Hernandez School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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