NOT LISTED FOR SALE

48 Cedar Ave Unit 2 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $460,639 - $766,000

3 Beds
1 Bath
1,141 Sq Ft
$505/Sq Ft Est. Value

About This Home

This home is located at 48 Cedar Ave Unit 2, Newark, NJ 07106 and is currently estimated at $576,410, approximately $505 per square foot. 48 Cedar Ave Unit 2 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2024
Sold by
48-50 Cedar Llc
Bought by
Pontoriero Anthony
Current Estimated Value
$576,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,250
Outstanding Balance
$692,476
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$116,066

Purchase Details

Closed on
Sep 18, 2023
Sold by
Petruccelli Michael
Bought by
48-50 Cedar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2023
Sold by
Dunstone William F
Bought by
Petruccelli Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
6.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Pontoriero Anthony $735,000 Worldwide Title
48-50 Cedar Llc $450,000 Stewart Title
Petruccelli Michael $350,000 American Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pontoriero Anthony $698,250
Closed Pontoriero Anthony $698,250
Previous Owner 48-50 Cedar Llc $378,000
Source: Public Records

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 $3,571 $102,500 $12,800 $89,700
2022 $3,579 $102,500 $12,800 $89,700
2021 $3,577 $102,500 $12,800 $89,700
2020 $3,645 $102,500 $12,800 $89,700
2019 $3,605 $102,500 $12,800 $89,700
2018 $3,535 $102,500 $12,800 $89,700
2017 $3,399 $102,500 $12,800 $89,700
2016 $3,276 $102,500 $12,800 $89,700
2015 $3,142 $102,500 $12,800 $89,700
2014 $2,929 $102,500 $12,800 $89,700
Source: Public Records

Map

New Jersey Essex County Newark 07106 Lower Vailsburg

48 Cedar Ave Unit 2, Newark, NJ

This home is located at 48 Cedar Ave Unit 2, Newark, NJ 07106 and is currently estimated at $576,410, approximately $505 per square foot. 48 Cedar Ave Unit 2 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue 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.

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