NOT LISTED FOR SALE

42 New York Ave Newark, NJ 07105

Estimated Value: $902,000 - $1,350,000

-- Bed
-- Bath
4,658 Sq Ft
$244/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $915,000 $196 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,888/month

32 Days on Market

About This Home

As of December 2021

This home is located at 42 New York Ave, Newark, NJ 07105 since 01 October 2021 and is currently estimated at $1,137,849, approximately $244 per square foot. This property was built in 1997. 42 New York Ave is a home located in Essex County with nearby schools including Oliver Street School, Lafayette Street Elementary School, and Cleveland Elementary School.

Last Listed By

Augusto Verissimo

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000 Listed on: 10/01/2021

WEICHERT REALTORS - HOME CITY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,222

Year Built

  • Built in 1997

Lot Details

  • 3,991 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,222

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Year Built: 1997
  • County Name: Essex
  • Street Number Display: 42
  • I D: 5106882
  • Modified: 2022-12-30
  • Number Images: 1
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 3991 SF
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 29, 2021
Sold by
Cunha Joao C and Cunha Claudia L
Bought by
Minassian Noel
Seller's Agent
Augusto Verissimo
WEICHERT REALTORS - HOME CITY
Buyer's Agent
Augusto Verissimo
WEICHERT REALTORS - HOME CITY
List Price
$889,900
Sold Price
$915,000
Premium/Discount to List
$25,100
2.82%
Total Days on Market
32
Current Estimated Value
$1,137,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,849
Avg. Annual Appreciation
6.58%
Original Mortgage
$640,500
Outstanding Balance
$596,366
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$541,483

Purchase Details

Closed on
Nov 24, 2009
Sold by
Cunha Joao C
Bought by
Cunha Joao C and Cunha Claudia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 1997
Sold by
Sumo Realty
Bought by
Cunha Joao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.89%

Range of Values:

Collateral Analytics

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ICE

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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
Minassian Noel $915,000 First American Title
Cunha Joao C -- None Available
Cunha Joao $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minassian Noel $640,500
Closed Minassian Noel $640,500
Previous Owner Cunha Joao C $319,000
Previous Owner Cunha Joao C $150,000
Previous Owner Cunha Joao C $100,000
Previous Owner Cunha Joao $125,000
Previous Owner Cunha Joao $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $915,000 +2.8% $196 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $889,900 -- $191 / Sq Ft
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 $18,222 $488,800 $71,300 $417,500
2023 $15,508 $488,800 $71,300 $417,500
2022 $15,508 $415,100 $71,400 $343,700
2021 $15,500 $415,100 $71,400 $343,700
2020 $15,774 $415,100 $71,400 $343,700
2019 $15,612 $415,100 $71,400 $343,700
2018 $15,330 $415,100 $71,400 $343,700
2017 $14,778 $415,100 $71,400 $343,700
2016 $14,279 $415,100 $71,400 $343,700
2015 $13,736 $415,100 $71,400 $343,700
2014 $12,872 $415,100 $71,400 $343,700
Source: Public Records

Agents Affiliated with this Home

  • Augusto Verissimo

    Seller's Agent in 2021

    Augusto Verissimo

    WEICHERT REALTORS - HOME CITY

    (973) 420-5317

    90 in this area

    216 Total Sales

    Augusto Verissimo
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Map

Source: Garden State MLS

MLS Number: 3744258

Garden State MLS

APN: 14-00916-0000-00012-05

New Jersey Essex County Newark 07105

42 New York Ave, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 42 New York Ave, Newark, NJ 07105 since 01 October 2021 and is currently estimated at $1,137,849, approximately $244 per square foot. This property was built in 1997. 42 New York Ave is a home located in Essex County with nearby schools including Oliver Street School, Lafayette Street Elementary School, and Cleveland Elementary School.

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