NOT LISTED FOR SALE

40 Vermont Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $490,000 - $618,103

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

Sale Details

Date Sold: December 16, 2019

Last sale price $227,000

Est. 139% increase in value since last sale

Current estimated payment $3,746 / mo

266 Days on Market

About This Home

As of December 2019

This home is located at 40 Vermont Ave, Newark, NJ 07106 since 08 January 2019 and is currently estimated at $543,026. This property was built in 1907. 40 Vermont Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Louise A. Spencer School.

Last Agent to Sell the Property

Donald Barber

RE/MAX FIRST REALTY II Brokerage Phone: 973-344-8880 Listed on: 01/08/2019

RE/MAX FIRST REALTY II

Last Buyer's Agent

Donald Barber

RE/MAX FIRST REALTY II Brokerage Phone: 973-344-8880 Listed on: 01/08/2019

RE/MAX FIRST REALTY II

Range of Values:

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

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Year Built: 1907
  • County Name: Essex
  • I D: 4861787
  • Attribution Contact: 973-344-8880
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 34X100
  • Total Acres: 0.08

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2021
Sold by
Bought by
Current Estimated Value
$543,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Outstanding Balance
$275,076
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$267,950

Purchase Details

Closed on
Jun 15, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2019
Closed on
Dec 13, 2019
Sold by
Bought by
Seller's Agent
Donald Barber
RE/MAX FIRST REALTY II
Buyer's Agent
Donald Barber
RE/MAX FIRST REALTY II
List Price
$2,600,000
Sold Price
$227,000
Premium/Discount to List
-$2,373,000
-91.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%

Purchase Details

Closed on
Jun 30, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,570
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 27, 2014
Closed on
Nov 4, 2014
Sold by
Bought by
Seller's Agent
Rachele JeanLouis
HOMEQUEST REALTY GROUP LLC
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$240,562
Interest Rate
4.17%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 27, 2014
Closed on
Oct 27, 2014
Bought by
Seller's Agent
Rachele JeanLouis
HOMEQUEST REALTY GROUP LLC
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Interest Rate
4.17%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 11, 2013
Closed on
Sep 6, 2013
Sold by
Bought by
Seller's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
Buyer's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
Sold Price
$83,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
181.51%

Purchase Details

Closed on
Apr 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2001
Sold by
Bought by

Purchase Details

Closed on
Aug 26, 1994
Sold by
Bought by

Purchase Details

Closed on
Apr 12, 1993
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 1989
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lower Vailsburg, NJ

  • Yolie Dantel Real Estate Agent - KELLER WILLIAMS CITY LIFE REALTY

    Yolie Dantel

    KELLER WILLIAMS CITY LIFE REALTY

    (866) 790-4864

    55 Total Sales

    4 in Lower Vailsburg

    $288K - $685K Price Range

    Yolie Dantel
     Section Image
  • Hipolito Touron Real Estate Agent - KELLER WILLIAMS VILLAGE SQUARE REALTY

    Hipolito Touron

    KELLER WILLIAMS VILLAGE SQUARE REALTY

    (862) 292-9237

    133 Total Sales

    5 in Lower Vailsburg

    $625K - $710K Price Range

    Hipolito Touron
     Section Image
  • Matthew De Fede Real Estate Agent - REALTY EXECUTIVES ELITE HOMES

    Matthew De Fede

    REALTY EXECUTIVES ELITE HOMES

    (862) 666-3930

    190 Total Sales

    2 in Lower Vailsburg

    $360K - $475K Price Range

    Matthew De Fede
     Section Image
  • Tayllor Cooper Real Estate Agent - COOPER MCKELVEY REAL ESTATE CO.

    Tayllor Cooper

    COOPER MCKELVEY REAL ESTATE CO.

    (908) 320-8447

    25 Total Sales

    7 in Lower Vailsburg

    $350K - $650K Price Range

    Tayllor Cooper
     Section Image
  • Sonia Matute-Farfan Real Estate Agent - Realty One Group Legend, Clifton

    Sonia Matute-Farfan

    Realty One Group Legend, Clifton

    (860) 390-4065

    19 Total Sales

    3 in Lower Vailsburg

    $160K - $670K Price Range

    Sonia Matute-Farfan
     Section Image
  • Masha Landkof Real Estate Agent - Real

    Masha Landkof

    Real

    (973) 791-4304

    44 Total Sales

    2 in Lower Vailsburg

    $670,000 Price Range

    Masha Landkof
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Dekel Abstract Llc
-- Meister Abstract Corp
$227,000 None Available
$355,000 Stewart Title Guaranty Compa
$245,000 --
$245,000 --
$245,000 --
$83,500 --
$280,000 Commonwealth
$50,501 --
$82,000 --
$100 --
$85,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $311,500
Previous Owner $285,000
Previous Owner $348,570
Previous Owner $240,562
Previous Owner $240,562
Previous Owner $240,562
Previous Owner $280,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2019 12/16/19 Sold $227,000 -91.3% --
10/01/2019 10/01/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $2,600,000 +961.2% --
10/27/2014 10/27/14 Sold $245,000 +193.4% -- View Prior Sale
10/11/2013 10/11/13 Sold $83,500 -- -- View Prior Sale
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,126 $228,200 $17,400 $210,800
2025 $9,126 $228,200 $17,400 $210,800
2024 $8,507 $228,200 $17,400 $210,800
2022 $8,526 $228,200 $17,400 $210,800
2021 $8,521 $228,200 $17,400 $210,800
2020 $8,672 $228,200 $17,400 $210,800
2019 $8,583 $228,200 $17,400 $210,800
2018 $5,410 $146,500 $17,400 $129,100
2017 $5,215 $146,500 $17,400 $129,100
2016 $5,040 $146,500 $17,400 $129,100
2015 $4,848 $146,500 $17,400 $129,100
2014 $4,543 $146,500 $17,400 $129,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Donald Barber

    RE/MAX

    (973) 573-2506

    6 Total Sales

    Donald Barber
    Section Image

  • E

    Buyer Co-Listing Agent in 2019

    Eduardo Viegas

    SKY REALTY ASSOCIATES

    (973) 477-0377

    2 in this area

    43 Total Sales

    Eduardo Viegas
    Section Image
  • Rachele JeanLouis Real Estate Agent - HOMEQUEST REALTY GROUP LLC

    Seller's Agent in 2014

    Rachele JeanLouis

    HOMEQUEST REALTY GROUP LLC

    (908) 392-4644

    66 Total Sales

    Rachele JeanLouis
    Section Image

  • L

    Seller's Agent in 2013

    LARRY SHARPE

    SHARPE REALTY INC./MAPLEWOOD

See All Agents

Map

Source: Garden State MLS

MLS Number: 3524032

Garden State MLS

APN: 14-04035-0000-00024

New Jersey Essex County Newark 07106 Lower Vailsburg

40 Vermont Ave, Newark, NJ

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Information deemed reliable but not guaranteed.
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Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



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