NOT LISTED FOR SALE

480 Fabyan Place Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $622,000 - $754,000

-- Bed
5 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold December 18, 2023

Last sale price $600,000

Est. 12% increase in value since last sale

Current estimated payment $4,687/month

13 Days on Market

About This Home

As of December 2023

This home is located at 480 Fabyan Place, Newark, NJ 07112 since 18 October 2023 and is currently estimated at $674,286. This property was built in 1952. 480 Fabyan Place is a home located in Essex County with nearby schools including Chancellor Avenue School, Hawthorne Avenue Elementary School, and Peshine Avenue Elementary School.

Last Agent to Sell the Property

ELBA CAMACHO

REAL Brokerage Phone: 866-201-6210 Listed on: 10/18/2023

Last Buyer's Agent

Octavio Mendes

KELLER WILLIAMS MID-TOWN DIRECT

KELLER WILLIAMS MID-TOWN DIRECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,891

Year Built

  • Built in 1952

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,891

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Year Built: 1952
  • County Name: Essex
  • I D: 5251400
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 45X100
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Dec 5, 2023
Sold by
Demelo Guilherme Nobrega
Bought by
Gaddam Ram Krishna
Seller's Agent
ELBA CAMACHO
REAL
Buyer's Agent
Octavio Mendes
KELLER WILLIAMS MID-TOWN DIRECT
List Price
$565,000
Sold Price
$600,000
Premium/Discount to List
$35,000
6.19%
Views
36
Current Estimated Value
$674,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,286
Avg. Annual Appreciation
6.51%
Original Mortgage
$600,000
Outstanding Balance
$590,041
Interest Rate
7.5%
Mortgage Type
VA
Estimated Equity
$84,245

Purchase Details

Closed on
May 22, 2020
Sold by
Galicia Mari Yasmin
Bought by
Melo Guilherme Nobrega De

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,396
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2010
Sold by
Iannotta Fernando
Bought by
Galicia Mari Yasmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Iannotta Fernando

Purchase Details

Closed on
Sep 26, 2008
Sold by
Wilkins Levi and Gross Md Harvey R
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 11, 2007
Sold by
Wilkins Levi
Bought by
Jackman Joy

Purchase Details

Closed on
Jul 31, 2006
Sold by
Jackman Joy
Bought by
Wilkins Levi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
6.4%

Purchase Details

Closed on
Jan 25, 2001
Sold by
Halocha Irene N
Bought by
Jackman Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
7.09%
Source: Public Records

Range of Values:

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 Buyer Sale Price Title Company
Gaddam Ram Krishna $600,000 Land Title
Melo Guilherme Nobrega De $475,000 Clear Skies Title Agency
Galicia Mari Yasmin $310,000 Multiple
Iannotta Fernando $72,500 Multiple
Deutsche Bank National Trust Company -- None Available
Jackman Joy -- None Available
Wilkins Levi $435,000 --
Jackman Joy $120,900 --
Jackman Joy $120,900 --
Jackman Joy $120,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaddam Ram Krishna $600,000
Previous Owner Melo Guilherme Nobrega De $466,396
Previous Owner Galicia Mari Yasmin $304,385
Previous Owner Wilkins Levi $391,500
Previous Owner Jackman Joy $101,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Sold $600,000 +6.2% --
10/31/2023 10/31/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $565,000 -- --
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 $13,891 $372,600 $30,600 $342,000
2024 $13,891 $372,600 $30,600 $342,000
2022 $13,920 $372,600 $30,600 $342,000
2021 $7,543 $202,000 $30,600 $171,400
2020 $7,676 $202,000 $30,600 $171,400
2019 $7,597 $202,000 $30,600 $171,400
2018 $7,460 $202,000 $30,600 $171,400
2017 $7,191 $202,000 $30,600 $171,400
2016 $6,949 $202,000 $30,600 $171,400
2015 $6,684 $202,000 $30,600 $171,400
2014 $6,264 $202,000 $30,600 $171,400
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    ELBA CAMACHO

    REAL

  • Octavio Mendes

    Buyer's Agent in 2023

    Octavio Mendes

    KELLER WILLIAMS MID-TOWN DIRECT

    (201) 207-7228

    2 in this area

    27 Total Sales

    Octavio Mendes
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Map

Source: Garden State MLS

MLS Number: 3870469

Garden State MLS

APN: 14-03738-01-00014

New Jersey Essex County Newark 07111 Weequahic

480 Fabyan Place, Newark, NJ

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