447 Avon Ave Unit 3 Newark, NJ 07108
West Side NeighborhoodEstimated Value: $671,000 - $842,000
3
Beds
2
Baths
3,906
Sq Ft
$200/Sq Ft
Est. Value
About This Home
This home is located at 447 Avon Ave Unit 3, Newark, NJ 07108 and is currently estimated at $781,987, approximately $200 per square foot. 447 Avon Ave Unit 3 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
Nov 23, 2020
Sold by
Reid Enterprise Group Llc
Bought by
Wallace Edgar R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,400
Outstanding Balance
$463,082
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$318,905
Purchase Details
Closed on
Apr 11, 2020
Sold by
Ellis Lester
Bought by
Reid Enterprise Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,900
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 24, 1987
Bought by
Ellis Lester
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wallace Edgar R | $530,000 | Montgomery Hills Ttl Svcs Ll | |
| Reid Enterprise Group Llc | $310,000 | Madison Settlement Services | |
| Ellis Lester | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wallace Edgar R | $520,400 | |
| Previous Owner | Reid Enterprise Group Llc | $298,900 |
Source: Public Records
Tax History Compared to Growth
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 | $16,146 | $433,100 | $29,700 | $403,400 |
| 2024 | $16,146 | $433,100 | $29,700 | $403,400 |
| 2022 | $16,181 | $433,100 | $29,700 | $403,400 |
| 2021 | $16,172 | $433,100 | $29,700 | $403,400 |
| 2020 | $7,649 | $201,300 | $29,700 | $171,600 |
| 2019 | $7,571 | $201,300 | $29,700 | $171,600 |
| 2018 | $7,434 | $201,300 | $29,700 | $171,600 |
| 2017 | $7,166 | $201,300 | $29,700 | $171,600 |
| 2016 | $6,925 | $201,300 | $29,700 | $171,600 |
| 2015 | $6,661 | $201,300 | $29,700 | $171,600 |
| 2014 | $6,242 | $201,300 | $29,700 | $171,600 |
Source: Public Records
Map
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