$99,000
SOLD OCT 13, 2016

40 Mapes Ave Newark, NJ 07112

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

Recently Sold

About This Home

As of October 2017

This home is located at 40 Mapes Ave, Newark, NJ 07112 and is currently priced at $99,000. This property was built in 1927. 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

Justin Kiliszek

EXP REALTY, LLC Brokerage Phone: 973-539-1120 Listed on: 07/15/2016

EXP REALTY, LLC

Last Buyer's Agent

Justin Kiliszek

EXP REALTY, LLC Brokerage Phone: 973-539-1120 Listed on: 07/15/2016

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,877

Year Built

  • Built in 1927

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,877

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Year Built: 1927
  • County Name: Essex
  • Street Number Display: 40
  • I D: 4642704
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-539-1120
  • 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%
Total Days on Market
0
Current Estimated Value
$491,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,003
Avg. Annual Appreciation
4.51%
Original Mortgage
$343,660
Outstanding Balance
$291,809
Interest Rate
3.91%
Estimated Equity
$199,195

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:

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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 Type Sale Price Title Company
Deed $350,000 --
Deed -- Riverside Abstract
Quit Claim Deed $100 --
Sheriffs Deed $100 --
Deed -- None Available
Bargain Sale Deed $215,000 None Available
Deed $365,000 --
Deed $325,000 --
Deed $139,000 --
Deed $50,000 --
Deed $20,000 --
Deed $20,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $23,112 FHA
Open $343,660 No Value Available
Closed -- No Value Available
Previous Owner $150,000 Negative Amortization
Previous Owner $365,000 Adjustable Rate Mortgage/ARM
Previous Owner $292,500 Adjustable Rate Mortgage/ARM
Previous Owner $125,000 No Value Available
Previous Owner $55,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
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
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

    33 Total Sales

    Imbar Meidani
    Section Image

  • J

    Seller's Agent in 2016

    Justin Kiliszek

    EXP REALTY, LLC

    (973) 298-4247

    7 in this area

    243 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: 3322477

Garden State MLS

APN: 14-03643-0000-00021

New Jersey Essex County Newark 07112 Weequahic

40 Mapes Ave, Newark, NJ

This home is located at 40 Mapes Ave, Newark, NJ 07112 and is currently priced at $99,000. This property was built in 1927. 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.

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