NOT LISTED FOR SALE

40 Jay St Newark, NJ 07103

University Heights Neighborhood

Estimated Value: $463,263 - $655,000

-- Bed
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold October 20, 2020

Last sale price $325,000

Est. 72% increase in value since last sale

Current estimated payment $3,911/month

33 Days on Market

About This Home

As of October 2020

This home is located at 40 Jay St, Newark, NJ 07103 since 15 May 2020 and is currently estimated at $559,132. 40 Jay St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

CRAIG JOWETT

COLDWELL BANKER REALTY Brokerage Phone: 973-694-8000 Listed on: 05/15/2020

Last Buyer's Agent

Cynthia Barrett-Bismuth

ALEXANDER ANDERSON REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,438

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,438

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 40
  • I D: 4979454
  • Modified: 2021-10-21
  • Number Images: 1
  • Attribution Contact: 973-694-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X100
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Oct 19, 2020
Sold by
40 Jay Street Trust and Brookeast Properties
Bought by
Langford Edith and Hixson Carl
Seller's Agent
CRAIG JOWETT
COLDWELL BANKER REALTY
Buyer's Agent
Cynthia Barrett-Bismuth
ALEXANDER ANDERSON REAL ESTATE
List Price
$329,000
Sold Price
$325,000
Premium/Discount to List
-$4,000
-1.22%
Current Estimated Value
$559,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,132
Avg. Annual Appreciation
11.54%

Purchase Details

Closed on
Sep 16, 2013
Sold by
Waterfall Victoria Mortgage Trust 2011
Bought by
Brookeast Properties

Purchase Details

Closed on
Jun 5, 2013
Sold by
Sheriff Armando Fontoura
Bought by
Waterfall Victoria

Purchase Details

Closed on
Jul 23, 2012
Sold by
Rodriguez Hipolito and Rodriguez Ramon
Bought by
Waterfall Victoria Mortgage Trust 20011-

Purchase Details

Closed on
Mar 6, 1998
Sold by
Fernandez Modesto
Bought by
Rodriguez Hipolio M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.11%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Langford Edith $325,000 Sunrise Title Services
Brookeast Properties $80,000 --
Waterfall Victoria $100 --
Waterfall Victoria Mortgage Trust 20011- -- None Available
Rodriguez Hipolio M $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Hipolio M $91,000
Closed Brookeast Properties $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $325,000 -1.2% --
06/17/2020 06/17/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $329,000 -- --
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
2025 $10,438 $280,000 $21,900 $258,100
2024 $10,438 $280,000 $21,900 $258,100
2022 $10,461 $280,000 $21,900 $258,100
2021 $8,402 $225,000 $21,900 $203,100
2020 $8,550 $225,000 $21,900 $203,100
2019 $8,462 $225,000 $21,900 $203,100
2018 $8,309 $225,000 $21,900 $203,100
2017 $8,010 $225,000 $21,900 $203,100
2016 $7,740 $225,000 $21,900 $203,100
2015 $7,445 $225,000 $21,900 $203,100
2014 $8,974 $289,400 $21,900 $267,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    CRAIG JOWETT

    COLDWELL BANKER REALTY

  • Cynthia Barrett-Bismuth

    Buyer's Agent in 2020

    Cynthia Barrett-Bismuth

    ALEXANDER ANDERSON REAL ESTATE

    (646) 287-8503

    2 in this area

    40 Total Sales

    Cynthia Barrett-Bismuth
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Map

Source: Garden State MLS

MLS Number: 3632893

Garden State MLS

APN: 14-02851-0000-00032

New Jersey Essex County Newark 07103 University Heights

40 Jay St, Newark, NJ

This home is located at 40 Jay St, Newark, NJ 07103 since 15 May 2020 and is currently estimated at $559,132. 40 Jay St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

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