NOT LISTED FOR SALE

42 Mapes Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $645,000 - $711,000

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

Last Sold March 25, 2021

Last sale price $480,000

Est. 38% increase in value since last sale

Current estimated payment $4,241/month

50 Days on Market

About This Home

As of March 2021

This home is located at 42 Mapes Ave, Newark, NJ 07112 since 12 August 2020 and is currently estimated at $676,401. This property was built in 1917. 42 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

JOEL EHRENFELD

EREALTY ADVISORS, INC. Brokerage Phone: 732-564-6900 Listed on: 08/12/2020

Last Buyer's Agent

LYSSOL GARCIA-ARIKAN

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,960

Year Built

  • Built in 1917

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,960

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Year Built: 1917
  • County Name: Essex
  • Street Number Display: 42
  • I D: 5006995
  • Modified: 2022-03-26
  • Number Images: 0
  • Attribution Contact: 732-564-6900
  • 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
Aug 12, 2020
Closed on
Mar 18, 2021
Sold by
Mapes Nj Llc
Bought by
Alipour Ryan
Seller's Agent
JOEL EHRENFELD
EREALTY ADVISORS, INC.
Buyer's Agent
LYSSOL GARCIA-ARIKAN
COLDWELL BANKER REALTY
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%
Current Estimated Value
$662,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,807
Avg. Annual Appreciation
8.20%
Original Mortgage
$463,200
Outstanding Balance
$418,455
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$257,946

Purchase Details

Listed on
Sep 19, 2017
Closed on
Oct 20, 2017
Sold by
Usa Va
Bought by
Mapes Nj Llc
Seller's Agent
RALPH BARONE
NJ REO ASSET MANAGEMENT & REALTY
List Price
$128,500
Sold Price
$129,000
Premium/Discount to List
$500
0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.27%

Purchase Details

Closed on
Aug 14, 2015
Sold by
Fontoura Armando B
Bought by
Pennymac Loan Services Llc and White Thelma J

Purchase Details

Closed on
Nov 12, 1998
Sold by
Attles Thomas
Bought by
White Lawrence and White Thelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
Interest Rate
6.83%
Mortgage Type
VA
Source: Public Records

Range of Values:

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
Alipour Ryan $480,000 Members Alliance Title
Mapes Nj Llc $129,000 --
Pennymac Loan Services Llc $145,926 None Available
White Lawrence $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alipour Ryan $463,200
Previous Owner White Lawrence $117,300
Closed Pennymac Loan Services Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $480,000 -3.0% --
10/01/2020 10/01/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $495,000 +283.7% --
12/13/2017 12/13/17 Sold $129,000 +0.4% --
09/27/2017 09/27/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $128,500 -- --
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 $6,960 $186,700 $18,800 $167,900
2024 $6,960 $186,700 $18,800 $167,900
2022 $6,975 $186,700 $18,800 $167,900
2021 $6,971 $186,700 $18,800 $167,900
2020 $7,095 $186,700 $18,800 $167,900
2019 $7,022 $186,700 $18,800 $167,900
2018 $6,895 $186,700 $18,800 $167,900
2017 $6,647 $186,700 $18,800 $167,900
2016 $6,422 $186,700 $18,800 $167,900
2015 $6,178 $186,700 $18,800 $167,900
2014 $5,790 $186,700 $18,800 $167,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    JOEL EHRENFELD

    EREALTY ADVISORS, INC.

  • LYSSOL GARCIA-ARIKAN

    Buyer's Agent in 2021

    LYSSOL GARCIA-ARIKAN

    COLDWELL BANKER REALTY

    (917) 853-3232

    1 in this area

    32 Total Sales

    Section Image

  • R

    Seller's Agent in 2017

    RALPH BARONE

    NJ REO ASSET MANAGEMENT & REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3655809

Garden State MLS

APN: 14-03643-0000-00022

New Jersey Essex County Newark 07112 Weequahic

42 Mapes Ave, Newark, NJ

This home is located at 42 Mapes Ave, Newark, NJ 07112 since 12 August 2020 and is currently estimated at $676,401. This property was built in 1917. 42 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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