NOT LISTED FOR SALE

495 Highland Ave Unit 497 Newark, NJ 07104

Forest Hill Neighborhood

Estimated Value: $587,000 - $715,000

3 Beds
3.5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold March 17, 2021

Last sale price $375,000

Est. 69% increase in value since last sale

Current estimated payment $4,009/month

13 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Tudor Architecture

About This Home

As of March 2021

Tudor style Home. Hardwood floors, fireplace. Great Potential. Situated in the Heart of Forest Hills Section. Close to Penn Station and Major Highways, Branch Brook Brook Cherry Blossom Trees and Newark Trolley to downtown Newark.

Last Agent to Sell the Property

LUIS TORRES

BHHS FOX & ROACH Listed on: 10/22/2020

Last Buyer's Agent

CARISSA BORRAGGINE

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,766

Year Built

  • Built in 1927

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • Family Room with Fireplace
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Utilities

  • Radiator
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1614-00713-0000-00041-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,766

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Style: Tudor
  • Primary Style: Tudor
  • Subproperty Type: Single Family
  • Year Built: 1927
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 495-497
  • Directions: Elwood Ave to Highland Ave ( Between Elwood and Delavan Ave
  • I D: 5027059
  • Modified: 2022-03-18
  • Number Images: 1
  • First Name: LUIS
  • First Name3: CARISSA
  • Last Name: TORRES
  • Last Name3: BORRAGGINE
  • Office Phone: 9732397700
  • Office Phone3: 973-783-7400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 2: Attic
  • Phone: 973-239-7700

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 149000
  • Assessed Land Value: 57500
  • Assessment: 206500
  • Easement: Unknown
  • Lot Identifier: 41
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7766
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00713-0000-00041-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.761
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Mar 11, 2021
Sold by
Chekkouri Gemma C and Manglapus Gilda Cruz
Bought by
Holguin Vergas Susana and Mecik Piotr
Seller's Agent
LUIS TORRES
BHHS FOX & ROACH
Buyer's Agent
CARISSA BORRAGGINE
COMPASS NEW JERSEY LLC
List Price
$360,000
Sold Price
$375,000
Premium/Discount to List
$15,000
4.17%
Current Estimated Value
$634,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,513
Avg. Annual Appreciation
13.35%
Original Mortgage
$300,000
Outstanding Balance
$272,793
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$366,660

Purchase Details

Closed on
Sep 1, 1977
Bought by
Frisina Cornelius J and Frisina Remy R
Source: Public Records

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Range of Values:

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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
Holguin Vergas Susana $375,000 Morris Home Abstract Co Inc
Frisina Cornelius J $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holguin Vergas Susana $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $375,000 +4.2% --
11/04/2020 11/04/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $360,000 -- --
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 $7,698 $206,500 $57,500 $149,000
2022 $7,715 $206,500 $57,500 $149,000
2021 $7,711 $206,500 $57,500 $149,000
2020 $7,847 $206,500 $57,500 $149,000
2019 $7,766 $206,500 $57,500 $149,000
2018 $7,626 $206,500 $57,500 $149,000
2017 $7,351 $206,500 $57,500 $149,000
2016 $7,104 $206,500 $57,500 $149,000
2015 $6,833 $206,500 $57,500 $149,000
2014 $6,404 $206,500 $57,500 $149,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    LUIS TORRES

    BHHS FOX & ROACH

  • C

    Buyer's Agent in 2021

    CARISSA BORRAGGINE

    COMPASS NEW JERSEY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3673741

Garden State MLS

APN: 14-00713-0000-00041

New Jersey Essex County Newark 07104 Forest Hill

495 Highland Ave Unit 497, Newark, NJ

This home is located at 495 Highland Ave Unit 497, Newark, NJ 07104 since 22 October 2020 and is currently estimated at $634,513. This property was built in 1927. 495 Highland Ave Unit 497 is a home located in Essex County with nearby schools including Ridge Street Elementary School, Elliott Street Elementary School, and First Avenue Elementary School.

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