NOT LISTED FOR SALE

40 Mapes Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $546,594 - $664,000

-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold October 05, 2017

Last sale price $350,000

Est. 70% increase in value since last sale

Current estimated payment $3,790/month

90 Days on Market

About This Home

As of October 2017

This home is located at 40 Mapes Ave, Newark, NJ 07112 since 24 March 2017 and is currently estimated at $593,399. 40 Mapes Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Last Agent to Sell the Property

Imbar Meidani

IMPROOV HOMES Brokerage Phone: 973-743-9333 Listed on: 03/24/2017

Last Buyer's Agent

Imbar Meidani

IMPROOV HOMES Brokerage Phone: 973-743-9333 Listed on: 03/24/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,877

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,877

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 4698981
  • Attribution Contact: 973-743-9333
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 35X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
Oct 17, 2017
Sold by
40 Mapes Llc
Bought by
Johnson Patrick
Seller's Agent
Imbar Meidani
IMPROOV HOMES
Buyer's Agent
Imbar Meidani
IMPROOV HOMES
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Current Estimated Value
$593,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,399
Avg. Annual Appreciation
6.70%
Original Mortgage
$343,660
Outstanding Balance
$287,743
Interest Rate
3.91%
Estimated Equity
$305,656

Purchase Details

Listed on
Jul 15, 2016
Closed on
Sep 11, 2016
Sold by
Bushvick Realty Llc
Bought by
40 Mapes Llc
Seller's Agent
Justin Kiliszek
EXP REALTY, LLC
Buyer's Agent
Justin Kiliszek
EXP REALTY, LLC
List Price
$99,000
Sold Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
262.76%

Purchase Details

Closed on
Oct 27, 2014
Sold by
Sheriff Armando Fontoura
Bought by
Us Bank Na (Tr)

Purchase Details

Closed on
Dec 3, 2007
Sold by
Thompson Construction & Remodeling Inc
Bought by
Thompson William and Thompson Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.21%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 12, 2007
Sold by
Caesar Neil
Bought by
Thompson Construction & Remodeling Inc

Purchase Details

Closed on
Mar 15, 2006
Sold by
Koenig Renee
Bought by
Ceasar Neil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
9.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 17, 2005
Sold by
Burgess Renee
Bought by
Koenig Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
10.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 4, 2001
Sold by
Maldonado Ricardo
Bought by
Burgess Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.9%

Purchase Details

Closed on
Jun 26, 2000
Sold by
Knight Cedric
Bought by
Maldonado Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.5%

Purchase Details

Closed on
Jun 15, 2000
Sold by
Estate Of William Nicholson
Bought by
Knight Cedric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.5%

Purchase Details

Closed on
Jul 1, 1992
Sold by
Spencerest Of Romaine Executors
Bought by
Nicholson Blake and Nicholson Nicholson,William
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Johnson Patrick $350,000 --
40 Mapes Llc -- Riverside Abstract
Us Bank Na (Tr) $100 --
Us Bank Na (Tr) $100 --
Thompson William -- None Available
Thompson Construction & Remodeling Inc $215,000 None Available
Ceasar Neil $365,000 --
Koenig Renee $325,000 --
Burgess Renee $139,000 --
Maldonado Ricardo $50,000 --
Knight Cedric $20,000 --
Knight Cedric $20,000 --
Nicholson Blake -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Patrick $343,660
Closed Johnson Patrick --
Previous Owner Thompson William $150,000
Previous Owner Ceasar Neil $365,000
Previous Owner Koenig Renee $292,500
Previous Owner Burgess Renee $125,000
Previous Owner Maldonado Ricardo $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2017 10/05/17 Sold $350,000 -2.5% --
06/22/2017 06/22/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $359,000 +262.6% --
10/13/2016 10/13/16 Sold $99,000 0.0% -- View Prior Sale
07/15/2016 07/15/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $99,000 -- --
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 $7,877 $211,300 $18,800 $192,500
2024 $7,877 $211,300 $18,800 $192,500
2022 $7,894 $211,300 $18,800 $192,500
2021 $7,890 $211,300 $18,800 $192,500
2020 $8,029 $211,300 $18,800 $192,500
2019 $7,947 $211,300 $18,800 $192,500
2018 $6,034 $163,400 $18,800 $144,600
2017 $5,817 $163,400 $18,800 $144,600
2016 $5,621 $163,400 $18,800 $144,600
2015 $5,407 $163,400 $18,800 $144,600
2014 $5,067 $163,400 $18,800 $144,600
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2017

    Imbar Meidani

    IMPROOV HOMES

    (347) 543-7377

    2 in this area

    26 Total Sales

    Imbar Meidani
    Section Image
  • Justin Kiliszek

    Seller's Agent in 2016

    Justin Kiliszek

    EXP REALTY, LLC

    (973) 945-5163

    5 in this area

    242 Total Sales

    Justin Kiliszek
    Section Image

  • E

    Buyer Co-Listing Agent in 2016

    EDDIE GALVAN

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3373825

Garden State MLS

APN: 14-03643-0000-00021

New Jersey Essex County Newark 07112 Weequahic

40 Mapes Ave, Newark, NJ

Not Listed for Sale

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