$525,000
SOLD AUG 5, 2025

47 Oakland Terrace Unit 49 Newark, NJ 07106

Upper Vailsburg Neighborhood
3 Beds
3 Baths
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

11% Above List Price

19 Days on Market

About This Home

As of August 2025

This home is located at 47 Oakland Terrace Unit 49, Newark, NJ 07106 and is currently priced at $525,000. This property was built in 1915. 47 Oakland Terrace Unit 49 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

TOVIA LICHTMAN

KELLER WILLIAMS MID-TOWN DIRECT Brokerage Phone: 973-762-5400 Listed on: 06/04/2025

KELLER WILLIAMS MID-TOWN DIRECT

Last Buyer's Agent

Adeniyi Peter Adeniran

CENTURY 21 ACTION PLUS REALTY

CENTURY 21 ACTION PLUS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,622

Year Built

  • Built in 1915

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,622

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Year Built: 1915
  • County Name: Essex
  • I D: 5362836
  • Attribution Contact: 973-762-5400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2025
Closed on
Jul 25, 2025
Sold by
Chandler Bh Llc
Bought by
Akilo Grace
Seller's Agent
TOVIA LICHTMAN
KELLER WILLIAMS MID-TOWN DIRECT
Buyer's Agent
Adeniyi Peter Adeniran
CENTURY 21 ACTION PLUS REALTY
List Price
$475,000
Sold Price
$525,000
Premium/Discount to List
$50,000
10.53%
Views
166
Current Estimated Value
$410,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$114,634
Avg. Annual Appreciation
-57.24%
Original Mortgage
$509,250
Outstanding Balance
$508,374
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
-$98,008

Purchase Details

Closed on
Mar 6, 2025
Sold by
Harewood Kevin and Harewood Frederic Sandra
Bought by
Chandler Bh Llc

Purchase Details

Listed on
May 6, 2017
Closed on
Aug 1, 2017
Sold by
Atlantic Federal Credit Union
Bought by
Harewood Kevin and Harewood Frederic Sandra
Seller's Agent
KHALIL MUNEM
COLDWELL BANKER REALTY
Buyer's Agent
Russell Johnson
UNITED REAL ESTATE
List Price
$179,000
Sold Price
$145,000
Premium/Discount to List
-$34,000
-18.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%

Purchase Details

Closed on
May 10, 2002
Sold by
Nappi Congetta
Bought by
Nunnally Omega

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,350
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 1990
Sold by
Nappi Congetta
Bought by
Nappi Congetta
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Type Sale Price Title Company
Deed $525,000 Group 21 Title
Deed $332,500 None Listed On Document
Deed $145,000 None Available
Deed $105,000 --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $509,250 New Conventional
Previous Owner $124,350 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2025 08/05/25 Sold $525,000 +10.5% --
06/23/2025 06/23/25 Pending -- -- --
06/04/2025 06/04/25 For Sale $475,000 +227.6% --
08/01/2017 08/01/17 Sold $145,000 -19.0% -- View Prior Sale
07/17/2017 07/17/17 Pending -- -- --
05/06/2017 05/06/17 For Sale $179,000 -- --
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 $5,622 $150,800 $25,600 $125,200
2024 $5,622 $150,800 $25,600 $125,200
2022 $5,634 $150,800 $25,600 $125,200
2021 $5,631 $150,800 $25,600 $125,200
2020 $5,730 $150,800 $25,600 $125,200
2019 $5,672 $150,800 $25,600 $125,200
2018 $5,569 $150,800 $25,600 $125,200
2017 $5,368 $150,800 $25,600 $125,200
2016 $5,188 $150,800 $25,600 $125,200
2015 $4,990 $150,800 $25,600 $125,200
2014 $4,676 $150,800 $25,600 $125,200
Source: Public Records

Agents Affiliated with this Home

  • TOVIA LICHTMAN

    Seller's Agent in 2025

    TOVIA LICHTMAN

    KELLER WILLIAMS MID-TOWN DIRECT

    (347) 470-6144

    1 in this area

    281 Total Sales

    TOVIA LICHTMAN
    Section Image

  • A

    Buyer's Agent in 2025

    Adeniyi Peter Adeniran

    CENTURY 21 ACTION PLUS REALTY

    (954) 512-8759

    1 in this area

    2 Total Sales

    Adeniyi Peter Adeniran
    Section Image

  • K

    Seller's Agent in 2017

    KHALIL MUNEM

    COLDWELL BANKER REALTY

  • Russell Johnson

    Buyer's Agent in 2017

    Russell Johnson

    UNITED REAL ESTATE

    (914) 325-7814

    14 Total Sales

    Russell Johnson
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3967372

Garden State MLS

APN: 14-04173-0000-00031

New Jersey Essex County Newark 07106 Upper Vailsburg

47 Oakland Terrace Unit 49, Newark, NJ

Sold

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