NOT LISTED FOR SALE

42 Shaw Ave Unit 1 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $332,984 - $565,000

2 Beds
1 Bath
1,558 Sq Ft
$278/Sq Ft Est. Value

About This Home

This home is located at 42 Shaw Ave Unit 1, Newark, NJ 07112 and is currently estimated at $433,746, approximately $278 per square foot. 42 Shaw Ave Unit 1 is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Belmont Runyon School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2021
Sold by
Cmrb Properties Llc
Bought by
Hcs Property Group Llc
Current Estimated Value
$433,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,834,125
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2020
Sold by
Newark Property Owner 2 Llc
Bought by
Cmrb 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
$4,696,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 6, 2019
Sold by
Okereke George and Okereke Paula
Bought by
Newark Property Owners

Purchase Details

Closed on
Mar 16, 1989
Sold by
White Mary
Bought by
Okereke George and Okereke Paula
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
Hcs Property Group Llc -- Ofori Kwaku D
Cmrb Properties Llc -- Os National Resware
Newark Property Owners $45,000 Regal Title
Okereke George $78,500 --
Okereke George $78,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hcs Property Group Llc $5,834,125
Previous Owner Cmrb Properties Llc $4,696,000
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
2024 $1,465 $39,300 $26,500 $12,800
2022 $1,468 $39,300 $26,500 $12,800
2021 $1,467 $39,300 $26,500 $12,800
2020 $1,493 $39,300 $26,500 $12,800
2019 $1,478 $39,300 $26,500 $12,800
2018 $1,451 $39,300 $26,500 $12,800
2017 $1,399 $39,300 $26,500 $12,800
2016 $1,352 $39,300 $26,500 $12,800
2015 $1,300 $39,300 $26,500 $12,800
2014 $1,219 $39,300 $26,500 $12,800
Source: Public Records

Map

New Jersey Essex County Newark 07112 Weequahic

42 Shaw Ave Unit 1, Newark, NJ

This home is located at 42 Shaw Ave Unit 1, Newark, NJ 07112 and is currently estimated at $433,746, approximately $278 per square foot. 42 Shaw Ave Unit 1 is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Belmont Runyon School.

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