NOT LISTED FOR SALE

498 Jelliff Ave Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $541,000 - $603,000

-- Bed
-- Bath
-- Sq Ft
2,875 Sq Ft Lot

Last Sold December 31, 2020

Last sale price $355,000

Est. 61% increase in value since last sale

Current estimated payment $3,927/month

87 Days on Market

About This Home

As of December 2020

This home is located at 498 Jelliff Ave, Newark, NJ 07112 since 29 July 2020 and is currently estimated at $570,867. This property was built in 1995. 498 Jelliff Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

LUIS LEIVA

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 07/29/2020

Last Buyer's Agent

BRANDON NEMIEBOKA

FATHOM REALTY NJ

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,797

Year Built

  • Built in 1995

Lot Details

  • 2,875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,797

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Year Built: 1995
  • County Name: Essex
  • Street Number Display: 498
  • I D: 5003194
  • Modified: 2022-01-01
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 2;853SF

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Dec 24, 2020
Sold by
Jelliff Ventures Llc
Bought by
Nemieboka Brandon
Seller's Agent
LUIS LEIVA
EXP REALTY, LLC
Buyer's Agent
BRANDON NEMIEBOKA
FATHOM REALTY NJ
List Price
$325,000
Sold Price
$355,000
Premium/Discount to List
$30,000
9.23%
Current Estimated Value
$570,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,867
Avg. Annual Appreciation
10.83%
Original Mortgage
$343,660
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 1995
Sold by
Met United Ministries
Bought by
Carter Elgin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.33%
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
Nemieboka Brandon $355,000 Collegiate Title Corporation
Carter Elgin $93,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nemieboka Brandon $27,402
Previous Owner Nemieboka Brandon $343,660
Previous Owner Jelliff Ventures Llc $204,400
Previous Owner Jelliff Ventures Llc $144,500
Previous Owner Carter Elgin Jeffrey $158,000
Previous Owner Carter Elgin $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $355,000 +9.2% --
10/24/2020 10/24/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $325,000 0.0% --
08/12/2020 08/12/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $325,000 +160.0% --
06/05/2018 06/05/18 Sold $125,000 -49.8% --
06/04/2018 06/04/18 Pending -- -- --
10/27/2017 10/27/17 For Sale $249,000 -- --
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 $9,797 $262,800 $17,300 $245,500
2024 $9,797 $262,800 $17,300 $245,500
2022 $9,818 $262,800 $17,300 $245,500
2021 $5,123 $137,200 $17,300 $119,900
2020 $5,214 $137,200 $17,300 $119,900
2019 $5,160 $137,200 $17,300 $119,900
2018 $5,067 $137,200 $17,300 $119,900
2017 $4,884 $137,200 $17,300 $119,900
2016 $4,720 $137,200 $17,300 $119,900
2015 $4,540 $137,200 $17,300 $119,900
2014 $4,255 $137,200 $17,300 $119,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    LUIS LEIVA

    EXP REALTY, LLC

  • B

    Buyer's Agent in 2020

    BRANDON NEMIEBOKA

    FATHOM REALTY NJ

  • H

    Buyer's Agent in 2018

    HARRY PAGE

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3652154

Garden State MLS

APN: 14-03573-0000-00027-01

New Jersey Essex County Newark 07112 Weequahic

498 Jelliff Ave, Newark, NJ

This home is located at 498 Jelliff Ave, Newark, NJ 07112 since 29 July 2020 and is currently estimated at $570,867. This property was built in 1995. 498 Jelliff Ave is a home located in Essex County with nearby schools including Peshine Avenue Elementary School, Belmont Runyon School, and Hawthorne Avenue Elementary School.

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