NOT LISTED FOR SALE

48 Wakeman Ave Unit 2 Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $385,000 - $530,000

4 Beds
3 Baths
1,580 Sq Ft
$291/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $367,500 $233 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,826/month

30 Days on Market

About This Home

As of September 2023

This home is located at 48 Wakeman Ave Unit 2, Newark, NJ 07104 since 13 June 2023 and is currently estimated at $459,999, approximately $291 per square foot. This property was built in 1894. 48 Wakeman Ave Unit 2 is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Franklin School.

Last Agent to Sell the Property

Ralph Harvey

LIST WITH FREEDOM.COM Brokerage Phone: 855-456-4945 Listed on: 06/13/2023

LIST WITH FREEDOM.COM

Last Buyer's Agent

Kandace Mitchell

GROUP TWENTY SIX LLC

GROUP TWENTY SIX LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,768

Year Built

  • Built in 1894

Lot Details

  • 1,742 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,768

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Year Built: 1894
  • County Name: Essex
  • Street Number Display: 48
  • I D: 5227100
  • Modified: 2024-09-20
  • Number Images: 1
  • Attribution Contact: 855-456-4945
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 15.7X105
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2018
Sold by
Caliber Home Loans Inc
Bought by
Usa Hud
Current Estimated Value
$459,999

Purchase Details

Closed on
Apr 22, 2002
Sold by
Investors One Corp
Bought by
Ingomar Lp

Purchase Details

Closed on
Apr 14, 2000
Sold by
Medina Ramon
Bought by
Rivera Herman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,260
Interest Rate
8.23%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Usa Hud -- --
Ingomar Lp -- --
Rivera Herman $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Herman $8,232
Previous Owner Rivera Herman $171,500
Previous Owner Rivera Herman $170,000
Previous Owner Rivera Herman $157,500
Previous Owner Rivera Herman $130,000
Previous Owner Rivera Herman $73,260
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $367,500 -8.1% $233 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $399,900 -- $253 / 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 $4,768 $127,900 $28,100 $99,800
2024 $4,768 $127,900 $28,100 $99,800
2022 $4,778 $127,900 $28,100 $99,800
2021 $4,776 $127,900 $28,100 $99,800
2020 $4,860 $127,900 $28,100 $99,800
2019 $4,810 $127,900 $28,100 $99,800
2018 $4,723 $127,900 $28,100 $99,800
2017 $4,553 $127,900 $28,100 $99,800
2016 $4,400 $127,900 $28,100 $99,800
2015 $4,232 $127,900 $28,100 $99,800
2014 $3,966 $127,900 $28,100 $99,800
Source: Public Records

Agents Affiliated with this Home

  • Ralph Harvey

    Seller's Agent in 2023

    Ralph Harvey

    LIST WITH FREEDOM.COM

    (855) 456-4945

    2 in this area

    10,927 Total Sales

    Ralph Harvey
    Section Image

  • K

    Buyer's Agent in 2023

    Kandace Mitchell

    GROUP TWENTY SIX LLC

    (732) 705-7587

    1 in this area

    22 Total Sales

    Kandace Mitchell
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3849101

Garden State MLS

APN: 14-00576-0000-00010

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

48 Wakeman Ave Unit 2, Newark, NJ

This home is located at 48 Wakeman Ave Unit 2, Newark, NJ 07104 since 13 June 2023 and is currently estimated at $459,999, approximately $291 per square foot. This property was built in 1894. 48 Wakeman Ave Unit 2 is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Franklin School.

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