NOT LISTED FOR SALE

48 Belmont Ave Belleville, NJ 07109

Estimated Value: $696,000 - $866,000

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold February 08, 2022

Last sale price $567,500

Est. 32% increase in value since last sale

Current estimated payment $5,401/month

14 Days on Market

About This Home

As of February 2022

This home is located at 48 Belmont Ave, Belleville, NJ 07109 since 22 October 2021 and is currently estimated at $748,550. This property was built in 1912. 48 Belmont Ave is a home located in Essex County with nearby schools including Belleville High School and Jamas Children's University.

Last Agent to Sell the Property

REBECCA SOKOLI

REALTY ONE GROUP LIVING Brokerage Phone: 973-743-5452 Listed on: 10/22/2021

Last Buyer's Agent

REBECCA SOKOLI

REALTY ONE GROUP LIVING Brokerage Phone: 973-743-5452 Listed on: 10/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,863

Year Built

  • Built in 1912

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,863

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • County Name: Essex
  • Street Number Display: 48
  • I D: 5111505
  • Modified: 2023-02-09
  • Number Images: 19
  • Attribution Contact: 973-743-5452
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X108.18
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Feb 4, 2022
Sold by
Albert Celoaliaj
Bought by
Cathy Realty Llc
Seller's Agent
REBECCA SOKOLI
REALTY ONE GROUP LIVING
Buyer's Agent
REBECCA SOKOLI
REALTY ONE GROUP LIVING
List Price
$499,000
Sold Price
$567,500
Premium/Discount to List
$68,500
13.73%
Current Estimated Value
$748,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,050
Avg. Annual Appreciation
8.18%
Original Mortgage
$435,000
Outstanding Balance
$405,465
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$343,085

Purchase Details

Closed on
Oct 5, 2016
Sold by
Pepaj Dede and Celoaliaj Albert
Bought by
Celoaliaj Albert

Purchase Details

Listed on
Dec 12, 2013
Closed on
Nov 5, 2013
Sold by
Us Bank Na
Bought by
Pepaj Dede and Pepaj Celoaliaj,Albert
Seller's Agent
RALPH BARONE
NJ REO ASSET MANAGEMENT & REALTY
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%

Purchase Details

Closed on
May 17, 2013
Sold by
Sheriff Armando Fontoura
Bought by
Usbank National Association

Purchase Details

Closed on
Sep 1, 2006
Sold by
Rosario Luis
Bought by
Munoz Juan and Torres Virginia Crespo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 22, 2004
Sold by
Price Gregory
Bought by
Rosario Luis and Rosario Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,748
Interest Rate
5.69%

Purchase Details

Closed on
Dec 31, 1997
Sold by
Scolavino Constance
Bought by
Price Gregory and Huffin Marsha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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
Cathy Realty Llc $567,500 Old Republic National
Celoaliaj Albert -- Fidelity National Title
Pepaj Dede $190,000 --
Pepaj Dede $190,000 --
Usbank National Association $100 --
Munoz Juan $425,000 --
Rosario Luis $288,400 --
Price Gregory $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cathy Realty Llc $435,000
Closed Cathy Realty Llc $435,000
Previous Owner Celoaliaj Albert $200,000
Previous Owner Munoz Juan $340,000
Previous Owner Rosario Vanessa $294,500
Previous Owner Rosario Luis $279,748
Previous Owner Price Gregory $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $567,500 +13.7% --
11/05/2021 11/05/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $499,000 +162.6% --
12/12/2013 12/12/13 Sold $190,000 -- --
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 $15,863 $405,300 $91,800 $313,500
2024 $15,863 $405,300 $91,800 $313,500
2022 $12,201 $321,500 $91,800 $229,700
2021 $12,201 $321,500 $91,800 $229,700
2020 $12,034 $321,500 $91,800 $229,700
2019 $11,384 $321,500 $91,800 $229,700
2018 $9,500 $236,900 $86,600 $150,300
2017 $9,185 $236,900 $86,600 $150,300
2016 $9,083 $236,900 $86,600 $150,300
2015 $8,775 $216,900 $86,600 $130,300
2014 $8,901 $246,900 $86,600 $160,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3748118

Garden State MLS

APN: 01-00102-0000-00012