492 Springfield Ave Newark, NJ 07103
West Side NeighborhoodEstimated Value: $253,631
Studio
3
Baths
1,850
Sq Ft
$137/Sq Ft
Est. Value
About This Home
This home is located at 492 Springfield Ave, Newark, NJ 07103 and is currently estimated at $253,631, approximately $137 per square foot. 492 Springfield Ave is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 28, 2018
Sold by
Vargas Borys
Bought by
Moc Springfield Llc
Current Estimated Value
Purchase Details
Closed on
Nov 16, 2010
Sold by
Vargas Borys
Bought by
Vargas Borys and Vargas Patricio A
Purchase Details
Closed on
Oct 4, 2005
Sold by
Prospect Newark Enterprises
Bought by
Vargas Borys
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,929
Interest Rate
6.15%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 13, 2003
Sold by
Bazemore Shirley
Bought by
Prospect Newark Enterprises In
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moc Springfield Llc | $160,000 | -- | |
| Vargas Borys | -- | Chicago Title Insurance Co | |
| Vargas Borys | $417,000 | -- | |
| Prospect Newark Enterprises In | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vargas Borys | $380,929 |
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 | $7,206 | $193,300 | $50,600 | $142,700 |
| 2024 | $7,206 | $193,300 | $50,600 | $142,700 |
| 2022 | $7,222 | $193,300 | $50,600 | $142,700 |
| 2021 | $7,218 | $193,300 | $50,600 | $142,700 |
| 2020 | $8,303 | $218,500 | $50,600 | $167,900 |
| 2019 | $8,218 | $218,500 | $50,600 | $167,900 |
| 2018 | $8,069 | $218,500 | $50,600 | $167,900 |
| 2017 | $7,779 | $218,500 | $50,600 | $167,900 |
| 2016 | $7,516 | $218,500 | $50,600 | $167,900 |
| 2015 | $7,230 | $218,500 | $50,600 | $167,900 |
| 2014 | $6,776 | $218,500 | $50,600 | $167,900 |
Source: Public Records
Map
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