$340,000
SOLD JUN 25, 2015
-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Recently Sold

About This Home

As of September 2021

This home is located at 48 Blum St, Newark, NJ 07103 and is currently priced at $340,000. 48 Blum St is a home located in Essex County with nearby schools including Louise A. Spencer School, Hawthorne Avenue Elementary School, and Belmont Runyon School.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,489

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,489

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 48
  • I D: 4513182
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-527-1711
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2022
Sold by
48 Blum Street Llc
Bought by
268 Littelton Ave Llc
Current Estimated Value
$653,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,658,750
Outstanding Balance
$2,544,072
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
-$1,852,371

Purchase Details

Listed on
May 3, 2021
Closed on
Aug 31, 2021
Sold by
Mejia Dariel
Bought by
48 Blum St Llc
Seller's Agent
CHRISTIAN PINA
PREMIER AGENT NETWORK
Buyer's Agent
CHRISTIAN PINA
PREMIER AGENT NETWORK
List Price
$459,000
Sold Price
$442,500
Premium/Discount to List
-$16,500
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.51%
Original Mortgage
$378,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 19, 2016
Closed on
May 24, 2017
Sold by
48 Blum St Capital Llc
Bought by
South 15 Capital Limited Liability Compa
Seller's Agent
SHAWN CHACONAS
COMPASS NEW JERSEY, LLC
Buyer's Agent
SHAWN CHACONAS
COMPASS NEW JERSEY, LLC
List Price
$99,000
Sold Price
$60,000
Premium/Discount to List
-$39,000
-39.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.20%
Original Mortgage
$187,000
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 25, 2015
Closed on
May 8, 2015
Sold by
Evolutionary Marketing Llc
Bought by
Randolph Natasha
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-58.73%
Original Mortgage
$333,841
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2013
Sold by
Cap Nj Homes Llc
Bought by
Evolutionary Marketi

Purchase Details

Closed on
Mar 5, 2010
Sold by
Pnc Mortgage
Bought by
Palomino Eliana

Purchase Details

Closed on
Nov 27, 2007
Sold by
Forman Charles M
Bought by
National City Real Estate Services Llc

Purchase Details

Closed on
Apr 16, 2004
Sold by
Nj Affordable Homes Corp
Bought by
Neuman Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
5.36%

Purchase Details

Closed on
Dec 27, 2002
Sold by
Fnma
Bought by
Affordable Hmes

Purchase Details

Closed on
Jan 8, 2002
Sold by
Desamour Alex
Bought by
Moliere Rachael

Purchase Details

Closed on
Jan 19, 2001
Sold by
Dawkins Anthony
Bought by
Desamour Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.93%

Purchase Details

Closed on
Oct 23, 1991
Sold by
Donaldson Ulysses
Bought by
Dawkins Anthony and Dawkins Dorel

Purchase Details

Closed on
Oct 14, 1988
Sold by
Donaldson Patricia
Bought by
Donaldson Ulysses
Source: Public Records

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Range of Values:

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Average Value
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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 -- Universal Title
Deed $442,500 Dekel Abstract Llc
Deed $130,000 First American Title Insuran
Deed $60,000 First American Title Insuran
Deed $340,000 Guardian Title Services Llc
Deed $210,000 --
Quit Claim Deed $210,000 --
Deed $55,000 Multiple
Deed $160,000 None Available
Deed $317,000 --
Deed $90,000 --
Deed $1,500 --
Deed $165,000 --
Deed $75,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,658,750 New Conventional
Previous Owner $76,000 Construction
Previous Owner $378,000 Construction
Previous Owner $369,655 FHA
Previous Owner $363,298 FHA
Previous Owner $187,000 Purchase Money Mortgage
Previous Owner $333,841 FHA
Previous Owner $253,600 No Value Available
Previous Owner $148,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $442,500 -3.6% --
08/02/2021 08/02/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $459,000 +665.0% --
06/08/2017 06/08/17 Sold $60,000 -39.4% --
03/17/2017 03/17/17 Pending -- -- --
10/19/2016 10/19/16 For Sale $99,000 -70.9% --
06/25/2015 06/25/15 Sold $340,000 -- --
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
2024 $12,489 $335,000 $31,300 $303,700
2022 $9,482 $253,800 $31,300 $222,500
2021 $9,477 $253,800 $31,300 $222,500
2020 $9,644 $253,800 $31,300 $222,500
2019 $9,545 $253,800 $31,300 $222,500
2018 $6,197 $167,800 $31,300 $136,500
2017 $5,974 $167,800 $31,300 $136,500
2016 $5,772 $167,800 $31,300 $136,500
2015 $5,553 $167,800 $31,300 $136,500
2014 $5,203 $167,800 $31,300 $136,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3201902

Garden State MLS

APN: 14-00306-0000-00021