NOT LISTED FOR SALE

40 Finlay Place Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $437,000 - $521,000

4 Beds
1 Bath
1,750 Sq Ft
$276/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $81,007 $46 Per Sq Ft

Est. 497% increase in value since last sale

Current estimated payment $2,974/month

15 Days on Market

Highlights

  • Colonial Architecture
  • Formal Dining Room
  • Porch
  • Attic
  • 2 Car Detached Garage
  • Living Room

About This Home

As of January 2018

HUD Home. Colonial features: open porch, vinyl siding, replacement windows, hardwood floors, finished walk-up attic, finished basement, detached garages, extra parking and fenced yard.

Last Agent to Sell the Property

Bill Flagg

ERA QUEEN CITY REALTY Listed on: 09/18/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 37

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,750 Sq Ft Home
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Gas Oven or Range
  • Attic
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Utilities

  • Radiator
  • Standard Electricity

Additional Features

  • Porch
  • 37 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1614-04188-0000-00029-0000-

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

37 Sq Ft Lot

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1925
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: Kenmore Ave to Vail St to Finlay St
  • I D: 4747312
  • First Name: BILL
  • First Name3: UNKNOWN
  • Last Name: FLAGG
  • Last Name3: AGENT
  • Office Phone: 908-603-8040
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven-Gas
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Utility Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Living Room, Dining Room, Porch, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 1750
  • Phone: 908-322-5454

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Fuel Type: Gas-Natural
  • Heating: Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water

Lot Info

  • Lot Size: 37.6X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5342
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-04188-0000-00029-0000-
  • Tax Rate Amount: 3.440
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2017
Closed on
Jan 31, 2018
Sold by
Department Of Housing & Urban Dev
Bought by
Williams Perry T
Seller's Agent
Bill Flagg
ERA QUEEN CITY REALTY
List Price
$73,000
Sold Price
$81,007
Premium/Discount to List
$8,007
10.97%
Current Estimated Value
$483,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,580
Avg. Annual Appreciation
24.85%
Original Mortgage
$176,427
Outstanding Balance
$151,017
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$332,570

Purchase Details

Closed on
Jan 31, 2017
Sold by
Ocwen Loan Servicing Llc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Dec 5, 2005
Sold by
Finklea Darfus
Bought by
Thomas Sherlonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
6.28%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Perry T $81,007 --
The Secretary Of Housing & Urban Develop -- None Available
Thomas Sherlonda $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Perry T $176,427
Previous Owner Thomas Sherlonda $218,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $81,007 +11.0% $46 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $73,000 -- $42 / Sq Ft
Source: Garden State MLS

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 $5,790 $155,300 $24,000 $131,300
2024 $5,790 $155,300 $24,000 $131,300
2022 $5,802 $155,300 $24,000 $131,300
2021 $5,799 $155,300 $24,000 $131,300
2020 $5,901 $155,300 $24,000 $131,300
2019 $5,841 $155,300 $24,000 $131,300
2018 $5,735 $155,300 $24,000 $131,300
2017 $5,529 $155,300 $24,000 $131,300
2016 $5,342 $155,300 $24,000 $131,300
2015 $5,139 $155,300 $24,000 $131,300
2014 $4,816 $155,300 $24,000 $131,300
Source: Public Records

Agents Affiliated with this Home

  • Bill Flagg

    Seller's Agent in 2018

    Bill Flagg

    ERA QUEEN CITY REALTY

    (908) 603-8040

    50 Total Sales

    Bill Flagg
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Map

Source: Garden State MLS

MLS Number: 3418854

Garden State MLS

APN: 14-04188-0000-00029

New Jersey Essex County Newark 07106 Upper Vailsburg

40 Finlay Place, Newark, NJ

Not Listed for Sale

Detached

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