NOT LISTED FOR SALE

47 3rd St Unit 2 Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $593,000 - $605,573

-- Bed
3 Baths
2,750 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $400,000 $145 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,024/month

13 Days on Market

About This Home

As of December 2018

This home is located at 47 3rd St Unit 2, Newark, NJ 07107 since 22 August 2018 and is currently estimated at $599,393, approximately $217 per square foot. This property was built in 1882. 47 3rd St Unit 2 is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

Erin Downs

COMPASS NEW JERSEY LLC Brokerage Phone: 201-433-1111 Listed on: 08/22/2018

COMPASS NEW JERSEY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,259

Year Built

  • Built in 1882

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,259

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Year Built: 1882
  • County Name: Essex
  • Street Number Display: 47
  • I D: 4831842
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 201-433-1111
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X95
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2025
Sold by
Alonso Karen A and Jovcevski Goran
Bought by
Cbgm Investment Group Llc
Current Estimated Value
$599,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2018
Closed on
Nov 1, 2018
Sold by
Ali Asagr
Bought by
Alosno Karen A and Alonzo Maylen
Seller's Agent
Erin Downs
COMPASS NEW JERSEY LLC
List Price
$359,000
Sold Price
$400,000
Premium/Discount to List
$41,000
11.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Jan 14, 2011
Sold by
480 S Fourteenth St Llc
Bought by
Ali Asgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,916
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2010
Sold by
Us Bank National Association
Bought by
480 S Fourteenth Street Llc

Purchase Details

Closed on
Jul 30, 2009
Sold by
Murray Willie and Murray Catherine
Bought by
Us Bank National Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cbgm Investment Group Llc $630,000 Title Bond Agency
Alosno Karen A $380,000 --
Ali Asgar $240,000 Crystal Title Agency
480 S Fourteenth Street Llc $30,000 Fidelity Natl Title Ins Co
Us Bank National Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cbgm Investment Group Llc $472,500
Previous Owner Ali Asgar $233,916
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2018 12/10/18 Sold $400,000 +11.4% $145 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $359,000 -- $131 / 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
2025 $10,259 $275,200 $20,800 $254,400
2024 $10,259 $275,200 $20,800 $254,400
2022 $10,281 $275,200 $20,800 $254,400
2021 $10,276 $275,200 $20,800 $254,400
2020 $10,458 $275,200 $20,800 $254,400
2019 $7,514 $199,800 $20,800 $179,000
2018 $7,379 $199,800 $20,800 $179,000
2017 $7,113 $199,800 $20,800 $179,000
2016 $6,873 $199,800 $20,800 $179,000
2015 $6,611 $199,800 $20,800 $179,000
2014 $6,196 $199,800 $20,800 $179,000
Source: Public Records

Agents Affiliated with this Home

  • Erin Downs

    Seller's Agent in 2018

    Erin Downs

    COMPASS NEW JERSEY LLC

    (917) 833-7322

    1 in this area

    182 Total Sales

    Erin Downs
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3496347

Garden State MLS

APN: 14-01878-0000-00032

New Jersey Essex County Newark 07107 Fairmount

47 3rd St Unit 2, Newark, NJ

This home is located at 47 3rd St Unit 2, Newark, NJ 07107 since 22 August 2018 and is currently estimated at $599,393, approximately $217 per square foot. This property was built in 1882. 47 3rd St Unit 2 is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary 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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes