NOT LISTED FOR SALE

440 Avon Ave Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $190,506 - $503,000

-- Bed
-- Bath
-- Sq Ft
2,483 Sq Ft Lot

About This Home

This home is located at 440 Avon Ave, Newark, NJ 07108 and is currently estimated at $346,753. 440 Avon Ave is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Louise A. Spencer School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2025
Sold by
Gem Stone Development Llc
Bought by
Jewel Stone Development Llc
Current Estimated Value
$346,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,663,000
Outstanding Balance
$1,653,002
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
-$1,306,249

Purchase Details

Closed on
Nov 2, 2021
Sold by
G & W 440 Madison Llc
Bought by
Gem Stone Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,644,750
Interest Rate
2.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2020
Sold by
H Newark Llc
Bought by
G & W 440 Avon Llc

Purchase Details

Closed on
Jun 29, 2012
Sold by
Sar I Inc
Bought by
H Newark Llc

Purchase Details

Closed on
Feb 8, 2012
Sold by
Summit Real Estate Developers Llc
Bought by
Sar 1 Inc

Purchase Details

Closed on
Dec 18, 1990
Sold by
City Of Newark
Bought by
Anerios Ruben J
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
Jewel Stone Development Llc -- Cross Bridge Title
Gem Stone Development Llc $130,000 Westcor Land Title Ins Co
G & W 440 Avon Llc $62,500 Madison Title
H Newark Llc $175,000 None Available
Sar 1 Inc -- None Available
Anerios Ruben J $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jewel Stone Development Llc $1,663,000
Previous Owner Gem Stone Development Llc $1,676,580
Previous Owner Gem Stone Development Llc $18,644,750
Previous Owner Summit Real Estate Developers Llc $750,000
Previous Owner Summit Real Estate Developers Llc $11,040,000
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 $1,584 $42,500 $42,500 --
2024 $1,584 $42,500 $42,500 $0
2022 $1,588 $42,500 $42,500 $0
2021 $1,587 $42,500 $42,500 $0
2020 $1,615 $42,500 $42,500 $0
2019 $1,598 $42,500 $42,500 $0
2018 $1,570 $42,500 $42,500 $0
2017 $1,513 $42,500 $42,500 $0
2016 $1,462 $42,500 $42,500 $0
2015 $1,406 $42,500 $42,500 $0
2014 $1,318 $42,500 $42,500 $0
Source: Public Records

Map

New Jersey Essex County Newark 07103 Clinton Hill

440 Avon Ave, Newark, NJ

This home is located at 440 Avon Ave, Newark, NJ 07108 and is currently estimated at $346,753. 440 Avon Ave is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Louise A. Spencer 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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