NOT LISTED FOR SALE

40 Columbia Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $553,114 - $710,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold December 29, 2017

Last sale price $150,000

Est. 322% increase in value since last sale

Current estimated payment $4,279/month

152 Days on Market

About This Home

As of December 2017

This home is located at 40 Columbia Ave, Newark, NJ 07106 since 22 July 2017 and is currently estimated at $632,529. This property was built in 1912. 40 Columbia Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

FRANK BOCCUZZI

CASTELLO REALTY Listed on: 07/22/2017

Last Buyer's Agent

Michael Gonnelli

RE/MAX SELECT

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,750

Year Built

  • 1912

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,750

Year Built

1912

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 40
  • I D: 4733314
  • Modified: 2021-09-23
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1912

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
40 Columbia Ave Llc
Bought by
Breuer Laizer
Total Days on Market
152
Current Estimated Value
$632,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2019
Sold by
Black Bryan
Bought by
40 Columbia Ave Llc

Purchase Details

Listed on
Jul 22, 2017
Closed on
Dec 28, 2017
Sold by
Wilkins Hakeen
Bought by
Black Bryan
Seller's Agent
FRANK BOCCUZZI
CASTELLO REALTY
Buyer's Agent
Michael Gonnelli
RE/MAX SELECT
List Price
$95,000
Sold Price
$150,000
Premium/Discount to List
$55,000
57.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.79%

Purchase Details

Closed on
Nov 25, 2014
Sold by
40 Columbia Ave Llc
Bought by
Wilkins Hakeen

Purchase Details

Listed on
Oct 18, 2012
Closed on
Nov 26, 2012
Sold by
Nj Reo Properties Llc
Bought by
40 Columbia Ave Llc
Seller's Agent
MARIA P LEIRO
RE/MAX LIFETIME REALTORS
Buyer's Agent
MARIA P LEIRO
RE/MAX LIFETIME REALTORS
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.89%

Purchase Details

Listed on
Oct 18, 2012
Closed on
Sep 13, 2012
Sold by
Vilsaint Melaine
Bought by
Nj Reo Properties Llc
Seller's Agent
MARIA P LEIRO
RE/MAX LIFETIME REALTORS
Buyer's Agent
MARIA P LEIRO
RE/MAX LIFETIME REALTORS
Sold Price
$85,000

Purchase Details

Closed on
Sep 3, 1997
Sold by
Newark
Bought by
Vilsaint Melanie
Source: Public Records

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Range of Values:

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Average Value
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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
Breuer Laizer -- New Title Company Name
40 Columbia Ave Llc $302,000 Old Republic Title
Black Bryan $150,000 --
Wilkins Hakeen $310,000 --
Wilkins Hakeen $310,000 --
40 Columbia Ave Llc $132,000 Multiple
Nj Reo Properties Llc $85,000 Multiple
Vilsaint Melanie $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Breuer Laizer $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $150,000 +57.9% --
12/21/2017 12/21/17 Pending -- -- --
07/22/2017 07/22/17 For Sale $95,000 +11.8% --
10/18/2012 10/18/12 Sold $85,000 -- --
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
2024 $8,750 $234,700 $16,300 $218,400
2023 $8,768 $234,700 $16,300 $218,400
2022 $8,768 $234,700 $16,300 $218,400
2021 $8,764 $234,700 $16,300 $218,400
2020 $3,040 $80,000 $16,300 $63,700
2019 $3,009 $80,000 $16,300 $63,700
2018 $2,954 $80,000 $16,300 $63,700
2017 $2,848 $80,000 $16,300 $63,700
2016 $2,752 $80,000 $16,300 $63,700
2015 $2,647 $80,000 $16,300 $63,700
2014 $2,481 $80,000 $16,300 $63,700
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2017

    FRANK BOCCUZZI

    CASTELLO REALTY

  • Michael Gonnelli

    Buyer's Agent in 2017

    Michael Gonnelli

    RE/MAX

    (201) 240-8422

    168 Total Sales

    Michael Gonnelli
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Map

Source: Garden State MLS

MLS Number: 3405870

Garden State MLS

APN: 14-04031-0000-00024

New Jersey Essex County Newark 07106 Lower Vailsburg

40 Columbia Ave, Newark, NJ

This home is located at 40 Columbia Ave, Newark, NJ 07106 since 22 July 2017 and is currently estimated at $632,529. This property was built in 1912. 40 Columbia Ave 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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