NOT LISTED FOR SALE

42 Broadway Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $485,178

-- Bed
-- Bath
-- Sq Ft
2,570 Sq Ft Lot

About This Home

This home is located at 42 Broadway, Newark, NJ 07104 and is currently priced at $485,178. 42 Broadway is a home located in Essex County with nearby schools including Franklin School, McKinley School, and Rafael Hernandez School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2024
Sold by
40 Broadway Ave Llc and 40 Broadway Ave Urban Renewal Llc
Bought by
40-42 Broadway Llc
Current Estimated Value
$485,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$593,236
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2021
Sold by
Gomes Real Properties Llc
Bought by
40 Broadway Ave Llc

Purchase Details

Closed on
Jul 20, 2012
Sold by
Gomes & Gomes Development Llc
Bought by
Gomes Real Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2007
Sold by
Cisero Myrna and Fernandez Lucille
Bought by
Otero Norberto
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
40-42 Broadway Llc $950,000 Westcor Land Title
40 Broadway Ave Llc $320,000 1St Rate Ttl & Setmnt Svcs L
Gomes Real Properties Llc -- 1St Rate Title & Settlement
Gomes & Gomes Development Lc $50,000 1St Rate Title & Settlement
Otero Norberto $55,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 40-42 Broadway Llc $600,000
Previous Owner Gomes & Gomes Development Lc $50,000
Source: Public Records

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 $9,227 $247,500 $67,500 $180,000
2024 $9,227 $247,500 $67,500 $180,000
2022 $9,247 $247,500 $67,500 $180,000
2021 $6,142 $164,500 $67,500 $97,000
2020 $6,251 $164,500 $67,500 $97,000
2019 $6,563 $174,500 $67,500 $107,000
2018 $6,444 $174,500 $67,500 $107,000
2017 $6,212 $174,500 $67,500 $107,000
2016 $6,003 $174,500 $67,500 $107,000
2015 $6,274 $189,600 $67,500 $122,100
2014 $5,880 $189,600 $67,500 $122,100
Source: Public Records

Map

New Jersey Essex County Newark 07104 Seventh Avenue

42 Broadway, Newark, NJ

This home is located at 42 Broadway, Newark, NJ 07104 and is currently priced at $485,178. 42 Broadway is a home located in Essex County with nearby schools including Franklin School, McKinley School, and Rafael Hernandez School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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